Fulgur Ventures is a venture capital and growth-capital firm focused on building the Bitcoin economy worldwide. The firm backs Bitcoin infrastructure, universal payments, Bitcoin savings applications, and cybersecurity initiatives, investing from pre-seed to pre-IPO. It operates with a thesis that Bitcoin is a fixed-supply, neutral monetary network and supports civilization-wide adoption through globally distributed, Bitcoin-native capabilities. Fulgur offers capital, a robust network, and strategic guidance to founders with global ambitions, including an Asia-focused arm to back early-stage startups across the region. Headquartered in Wilmington, Delaware, the firm maintains a global footprint and engages with portfolios across diverse geographies. Its approach combines capital and ecosystem-building to help startups navigate regulatory and market developments in the cryptocurrency space.

Sats Ventures is a venture capital firm focused on investing in innovative projects within the Bitcoin ecosystem and beyond, backing startups across pre-seed to private rounds and supporting efforts such as AI-powered payment networks, Bitcoin multi-sig protocols, layer-2 scaling solutions, stablecoins, blockchain infrastructure, decentralized finance, on-chain asset management, Bitcoin credit platforms, and DEX aggregators, with a goal of backing ambitious founders pushing forward digital finance and decentralized technology, guided by a team of experienced professionals.

Digital Currency Group is a corporate venture capital and investment firm based in Stamford, Connecticut, that builds and supports bitcoin and blockchain companies by providing insights, networks, and access to capital. The company operates core platform assets including CoinDesk, Genesis Trading, and Grayscale Investments, and pursues investments in fintech, bitcoin, web3 infrastructure, platforms, decentralized finance, data, metaverse, and other blockchain-related sectors.

Pantera Capital is a United States-based investment firm focused on blockchain technology and digital assets, including Bitcoin and other cryptocurrencies. Founded in 2003 by Dan Morehead, the firm began as a macro hedge fund and shifted in 2014 to crypto-focused investing and advisory services. Headquartered in Menlo Park, it manages billions in assets and has been a pioneer in the U.S. crypto space, including launching the first U.S. cryptocurrency fund in 2013 and the first blockchain-focused venture fund. Pantera pursues venture equity, liquid tokens, and early-stage token strategies, backing a global portfolio of blockchain companies and token projects, with a meaningful share of activity outside the United States.

Polychain Capital is a San Francisco-based venture capital firm founded in 2016 that invests in blockchain protocols and companies, with a focus on information technology, fintech, and blockchain sectors, aiming to advance global adoption of cryptocurrencies.

Founded in 2015, Ego Death Capital is a venture capital firm based in Austin, Texas. It focuses on the blockchain and Bitcoin ecosystem, investing in companies and projects within this space, including Bitcoin layer 3 projects.

Waterdrip Capital is a Shanghai-based venture capital firm established in 2017 that operates as a global investment institution focused on Web3, artificial intelligence and cutting-edge hardware. It backs more than 200 projects across AI, high-performance computing, the Bitcoin ecosystem, DePIN, real-world assets, and compliant finance, with a particular emphasis on AI compute and the potential of Bitcoin as digital oil. The firm draws on senior practitioners with experience in blockchain technology, finance and research to evaluate and support portfolio companies. Waterdrip Capital also publishes insights on AI, Web3, Bitcoin technologies and the crypto sector, reflecting its active engagement in the evolving technology landscape.

Sora Ventures is a venture capital firm based in Taipei, Taiwan, focused on blockchain and digital assets in Asia, conducting early-stage investments, incubation, advisory services, secondary trading, and organizing blockchain conferences to support ecosystem development.

ParaFi Capital is an asset manager focused on the digital asset and blockchain ecosystem, operating liquid and venture strategies. Founded in 2018, it emerged as an early institutional participant in the blockchain space and serves institutional clients globally. Based in New York City with roots in Greenwich, Connecticut, the firm pursues a multi-strategy approach across public and private markets, investing across the full stack of crypto capital markets and seeking idiosyncratic opportunities while partnering with innovative protocols and companies. It relies on a research-driven, technically oriented framework supported by engineering and quantitative teams that develop infrastructure for research, trading and portfolio management. The firm is known for its deep technical approach and partner focus within the digital asset ecosystem, with assets under management around $2 billion.

Kingsway Capital is a financial services firm authorized and regulated by the Financial Conduct Authority in the United Kingdom, operating through two entities named Kingsway Capital Partners and Kingsway Capital. It offers investment management services to clients and provides regulatory disclosures as part of its operations. The organization is based in London.

MH Ventures is a London-based, globally oriented early-stage venture capital firm focused on Web3 and open infrastructure. Founded in 2021, it invests across B2B, B2C, energy, financial services, information technology, blockchain, fintech, and software-as-a-service sectors, with a founder-focused approach that supports the growth of the Web3 ecosystem. The firm backs projects and protocols redefining value creation, coordination, and trust through decentralized networks and blockchain infrastructure. It emphasizes insights into evolving on-chain trends and adjacent fields such as DePIN, prediction markets, and crypto-energy convergence, reflecting a commitment to cryptography, composability, and community-owned networks. By prioritizing technically rigorous teams and early-stage opportunities, MH Ventures aims to accelerate adoption of open infrastructure and decentralized technologies worldwide.

Stillmark is a venture capital firm based in Los Angeles, founded in 2019, that funds companies building Bitcoin and blockchain infrastructure and related technologies across fintech, information technology, and SaaS. It backs startups advancing the bitcoin ecosystem, including cryptography and Lightning Network innovations, and has invested in Amboss Technologies, Alpen Labs, and Casa. The firm engages in industry discussions and research to support the development of Bitcoin-related businesses.

Draper Associates is a California-based venture capital firm founded in 1985 that funds early-stage startups worldwide, focusing on AI, robotics, biotech, defense, crypto, space, and other deep-tech sectors. It typically supports companies from pre-seed to Series A, seeks disruptive technologies with potential for transformative impact, and has backed notable companies such as Coinbase, SpaceX, and Robinhood. The firm emphasizes a long-term investment approach and aims to empower entrepreneurs to drive growth and innovation.

Portal Ventures is a venture capital firm focused on early-stage investments in the cryptocurrency sector, including blockchain infrastructure, DeFi, and Web3 applications. Founded in 2022, it partners with crypto builders and protocols to support business model design, go-to-market strategy, and fundraising at pre-seed and seed stages, acting as trusted thought partners for founders. The team blends crypto-native insight with traditional finance discipline to lead first checks and assist portfolio companies through key inflection points. In addition to investing, Portal Ventures produces research to articulate its theses and market perspectives, while its portfolio comprises a curated set of pre-seed and seed investments across blockchain infrastructure, DeFi, and Web3 projects.

Boost VC is a San Mateo, California-based early-stage venture capital firm founded in 2012 by Adam Draper and Brayton Williams. It concentrates on deep-tech startups that combine hardware and software, investing in sectors such as aerospace, robotics, biotechnology, health tech, artificial intelligence, cryptocurrency, energy, climate, defense, and immersive technologies like augmented and virtual reality. The firm emphasizes rapid support for disruptive teams at the pre-seed and seed stages and is known for leading initial rounds to help portfolio companies accelerate development and scale. By backing ventures with the potential to reach large markets and improve the lives of many people, Boost VC aims to fund technologies capable of delivering substantial social and technical impact.

Concentric is a European venture capital firm founded in 2013 and headquartered in London, with an additional office in Copenhagen. It focuses on early-stage investments in software-driven technology companies across sectors including financial services, mobility, real estate, industrials, and logistics, primarily in Europe. The firm pursues an activist, hands-on approach, leveraging its network and deep operating experience to support portfolio companies through growth. Typical investments range from €0.5 million to €5 million over the life of an early-stage company, targeting opportunities in major Northern European tech hubs. Concentric emphasizes building close partnerships with sector-defining founders and providing strategic value beyond capital to help companies scale.

Winklevoss Capital is a New York-based venture capital firm focused on early-stage technology investments. It backs teams solving hard problems across software, retail, and commercial services, with a distinctive emphasis on frontier technologies that include cryptocurrency, space, energy, and biology. The firm pursues a long-term, value-driven approach to accelerating foundational innovations, aiming to support founders beyond capital with strategic guidance to drive growth.

Castle Island Ventures is a venture capital firm based in Boston, Massachusetts, founded in 2018. It specializes in the public blockchain ecosystem, investing in infrastructure and application companies that enable blockchain protocols to scale and reach broader adoption. The firm supports entrepreneurs building cryptocurrency and blockchain technologies, providing capital and strategic guidance to help startups develop services for a growing user base.

Trammell Venture Partners is an Austin, Texas-based venture capital firm that focuses on early-stage Bitcoin and crypto technology startups, including Lightning Network ventures. It provides capital and strategic support to Bitcoin-native companies, aiming to build infrastructure, financial products, gaming experiences, monetization tools, and adoption solutions within the Bitcoin ecosystem. The firm offers technical due diligence, product development assistance, and access to a global pool of Bitcoin talent to help portfolio companies scale and broaden user adoption.

HTX is a global cryptocurrency exchange and blockchain asset services provider established in 2013. It operates a comprehensive ecosystem that includes spot and derivative trading, P2P trading, futures, staking rewards, and over-the-counter services, supporting more than 700 digital assets. The platform combines core exchange functions with wallet and storage solutions designed for security and user control. HTX emphasizes security with Proof of Reserves and a 100% withdrawal guarantee, and it provides advanced tools such as margin trading and trading bots. It serves individual traders, institutions, and developers with educational resources and community features to empower users and broaden participation in the blockchain economy.

Mirana is a global investment firm specializing in Web3 technologies. It offers investment, advisory and legal services and operates Mirana Ventures, a venture capital arm that provides long-term capital and strategic partnerships to early-stage and emerging founders and fund managers. The firm typically invests from Pre-Seed to Series C, with check sizes generally ranging from 1 million to 40 million, and supports portfolio companies with operations, growth, product development and ecosystem connections. Its investment thesis centers on a decentralized and tokenized future, prioritizing decentralization, growth, category-defining projects, and risk management. Mirana seeks opportunities in areas such as new financial infrastructure, stablecoins, agentic commerce and identity/privacy to advance fintech and Web3 ecosystems.

Framework Ventures is a San Francisco-based venture capital firm founded in 2019 by Vance Spencer and Michael Anderson that specializes in early-stage investments across cryptocurrency, DeFi, gaming, AI, and blockchain infrastructure. The firm is a high-conviction investor that often leads rounds and supports ambitious founders building open blockchain networks and ecosystems. Its approach centers on developing products and services that advance open networks and tokenization, with notable media coverage of its activity in the crypto space. Framework operates as a technology-focused investor and is listed as a Registered Investment Adviser.

Hivemind Capital is a global investment firm that bridges traditional financial markets with the onchain economy, managing about $1 billion in client assets across six fund strategies and three global offices. It allocates capital across venture capital, private equity partnerships, digital asset treasuries, and digital culture investments, while building infrastructure for blockchain adoption and offering institutional platforms for digital asset management, research, and compliance. The firm pursues opportunities in onchain foundational applications and collaborates with builders to enable institutional portfolios to engage with tokenized assets, liquidity, and governance in a scalable, transparent manner.

Samara Asset Group is an investment firm founded in 2018 and based in Sliema, Malta, that focuses on crypto assets and technology opportunities. The firm operates as a venture capital style investor and, in some descriptions, as a global holding company investing in innovative, high-growth companies across disruptive sectors such as AI, blockchain, and biotech. It has been associated with Bitcoin-related initiatives and, according to sources, maintains a Bitcoin treasury reserve. The company aims to democratize access to high-growth opportunities through its investment activities and market insights into digital assets and transformative technologies.

Side Door Ventures is a global, generalist venture capital firm founded in 2020 and based in San Francisco, with a distributed team including founders, biotech scientists, space engineers and growth experts, backing audacious founders developing technologies across software, life sciences, space, frontier tech, blockchain, gaming, fintech, SaaS, manufacturing and financial services, offering strategic input, technical perspective and operational guidance drawn from experience in biotechnology, engineering and product development, aiming to transform industries and improve lives by supporting early-stage and fast-growing companies with hands-on support and a broad network.

Maven 11 is a crypto-native venture capital firm focused on partnering with technically fluent founders who are challenging traditional ownership models. The firm concentrates on blockchain, cryptocurrency, distributed ledger technology, and related sectors, providing hands-on support to early-stage ventures. It operates with offices in Amsterdam, Netherlands, and the Cayman Islands, and emphasizes long-term partnerships to navigate evolving market dynamics. Founded in 2015, Maven 11 aims to back ambitious teams at the early stages, leveraging expertise in investment, trading, research, and product to help portfolio companies scale.

FJ Labs is a New York-based venture capital firm founded in 2015 by Fabrice Grinda. The firm concentrates on marketplaces and consumer-facing startups and is stage-agnostic, investing across seed and Series A rounds. It seeks scalable companies with strong unit economics and potential to become market leaders, often co-investing with other global funds to broaden its impact. FJ Labs emphasizes rapid decision-making and leverages its broad network to support portfolio companies in fundraising and growth, helping startups scale across large markets and ecosystems.

Blockchain Founders Fund is a Singapore-based early-stage venture capital firm focused on blockchain, Web3, metaverse, gaming, DeFi, and NFTs. It invests in top-tier startups globally and runs a go-to-market oriented venture program that provides end-to-end support from ideation to scaling. The firm emphasizes a founder-first approach and offers venture-building services, strategic guidance, and resources to help portfolio companies grow and navigate disruptive trends across technology and digital assets.

L2 Iterative Ventures is the Web3 investment arm of L2 Capital Management, focused on early-stage blockchain projects. The company provides not only capital but also technical expertise, network access, and collaborative partnerships to support blockchain architects from concept to global impact. It invests across blockchain infrastructure, Layer 2 scaling solutions, decentralized exchanges, and DeFi protocols, including zero-knowledge proofs, data availability layers, and novel scaling approaches for Ethereum and Bitcoin. L2 Iterative Ventures also publishes research on cryptocurrency trends and blockchain technology to inform its investment theses.

Off The Chain Capital is an investment firm established in 2016 that focuses on blockchain and digital-asset investments. It applies a value-oriented, long-only approach inspired by Graham/Dodd and Warren Buffett, aiming to deliver downside protection while participating in upside growth within the blockchain sector. The firm targets family offices, endowments, and foundations seeking diversification in digital assets and emphasizes disciplined risk management and portfolio diversification. It seeks to outperform Bitcoin with reduced downside exposure and maintains a disciplined, unleveraged stance. The company provides disclosures of its holdings and positions itself as a steward of capital seeking sustainable, long-term exposure to blockchain opportunities.

Hivemind Ventures is an early-stage venture capital firm based in San Francisco that invests in Layer 2 and Layer 3 bitcoin startups.

Paradigm is a venture capital firm and software developer focused on investing in and building frontier technologies, with emphasis on crypto, artificial intelligence, robotics, and open-source platforms. Founded in 2018 and based in San Francisco, the firm blends technical research with hands-on collaboration with founders and teams to advance innovative projects. It supports open-source development through a fellowship program and seeks to back category-defining companies and protocols that reshape how people transact, build, and compute.

WAGMI Ventures is a web3-focused investment network that supports early-stage ventures through capital and advisory services. It leverages a broad network of web3 executives, angels, and venture capitalists to facilitate partner introductions, product feedback, go-to-market guidance, and hiring support for portfolio companies seeking funding. The firm focuses on cryptocurrency and web3 sectors and is active in facilitating capital raises. Founded in 2022 and based in Irving, Texas, WAGMI Ventures operates through a collective network to invest in web3 companies and help them accelerate growth.

Signum Capital is a Singapore-based investment firm focused on distributed ledger technologies and crypto assets. Founded in 2017, it backs projects in DeFi, gaming, and Web3, providing strategic guidance, rigorous due diligence, and network support to help crypto startups develop and deploy innovative products. The firm aims to advance blockchain-enabled socioeconomic transformation by fostering innovation and facilitating adoption beyond the crypto community, pursuing a more open, fair, and intelligent internet.

ArkStream Capital is a venture capital firm based in Singapore that invests globally across seed, early, and later stages in financial services, cryptocurrency, fintech, and technology. It focuses on digital infrastructure and emerging financial technologies, including equity investments and exposure to digital assets, and supports portfolio companies through fundraising, financial modeling, and global expansion. The firm emphasizes Web3 initiatives and the ledgerization of crypto, including infrastructure development and real-world asset tokenization, aiming to create long-term value through strategic partnerships and active involvement.

Big Brain Holdings is a multi-strategy venture investment firm based in Weston, Florida, focused on backing early-stage founders in emerging technologies such as cryptocurrency, DeFi, Web3, AI, robotics, and deeptech, with particular interest in Solana ecosystem projects; the firm also pursues opportunities in fintech, blockchain, gaming, and business products and services, providing capital and strategic guidance to support growth.

HCM Capital is a cross-border professional investment platform headquartered in Zhengzhou, China, focused on Bitcoin, financial technology, and blockchain sectors. It invests in pioneering Bitcoin projects, incubates startups within the Bitcoin ecosystem, and educates communities about Bitcoin's potential. It emphasizes decentralization, open-source innovation, resilience, and self-sovereign finance, and seeks to strengthen the Bitcoin network through support for developments in areas such as communications protocols and scalability. The firm engages in long-term partnerships and strategic capital allocation to foster a more inclusive, resilient, and sovereign global financial future.

Sygnum is an international digital asset banking group founded in Switzerland and Singapore. It provides regulated services for institutional and retail clients, including digital asset banking, custody, trading, tokenization, and lending, along with asset management and B2B banking capabilities. The company operates secure, compliant infrastructure supported by licenses in its founding jurisdictions and focuses on trust, technology, and regulatory compliance to enable digital asset adoption across banks, corporates, and asset managers. It also offers settlement and custody solutions, off-exchange custody options, and staking services to generate yields within a regulated framework, aiming to connect traditional finance with the digital asset economy.

Serena Capital is a Paris-based European venture capital firm founded in 2008 that backs bold entrepreneurs building innovative companies in Europe and North America. It focuses on early-stage investments in deep tech, enterprise software, marketplaces and entertainment, generally pursuing rounds from pre-seed to Series A. Serena emphasizes an investment-operating model, drawing on a large network of operators and specialists to assist portfolio companies with product, structuring and international growth, and maintains an active startup community through the Serena Squad, a group of C-level executives. The firm concentrates on AI, SaaS, climate tech, digital transformation and impact, and has invested in more than 100 startups, including Dataiku, Malt, The Fork, Lifen and AramisAuto. It manages multiple funds such as Serena II and Serena III, reflecting an ongoing commitment to building resilient, world-class companies through long-term support and proven playbooks.

Blockchain Capital is a San Francisco-based venture capital firm founded in 2013 that invests in cryptocurrency and blockchain technology companies worldwide. It backs startups across DeFi, CeFi, and decentralized infrastructure and offers venture-building services along with capital and strategic support such as partnerships and recruiting. As a multi-stage investor, the firm has backed more than 170 companies and projects since inception and manages over $2 billion in assets, reflecting its long-standing activity in the crypto and blockchain ecosystem.

HV Capital is a European venture capital firm with offices in Berlin and Munich that supports technology startups across Europe at all stages, from seed to growth. It partners with founders to provide capital, strategic guidance, and access to its network, helping portfolio companies navigate multiple funding rounds and scale operations. The firm invests across sectors such as software, fintech, healthcare, climate tech, enterprise technologies, frontier tech, and consumer platforms, emphasizing a digital-first approach and long-term partnership to build market-leading digital companies.

CMT Digital is a Chicago-based venture capital firm and the corporate venture capital arm of Capital Markets Trading. It focuses on blockchain technology, crypto assets, and related financial technology sectors, pursuing early-stage and strategic investments to accelerate blockchain adoption. Drawing on a background as electronic trading pioneers, the firm operates with a global reach and emphasizes regulatory compliance and governance, including SEC-registered status as a crypto manager and investment adviser. CMT Digital applies deep technology, finance, and consulting expertise to support portfolio companies in fintech, blockchain, financial services, and related software and infrastructure.

IOSG Ventures is a Hong Kong-based venture capital firm focused on Web3, blockchain, fintech, and related technologies. The firm pursues a research-driven, thesis-based approach and backs early-stage projects that build infrastructure, middleware, security, and consumer Web3 applications. Its portfolio covers base layer and layer-2 protocols, DeFi, GameFi and SocialFi, with investments in both protocol-native systems and decentralized applications. IOSG emphasizes community-friendly support for founders, providing mentorship, partnerships, and access to industry networks, and it regularly publishes research on topics relevant to the Web3 ecosystem. The firm also engages with the crypto community through summits and meetups and runs initiatives to support early-stage developers, aiming to accelerate the adoption of decentralized technologies.

Web3.com Ventures is a Singapore-based venture capital firm founded in 2013 that invests in web3 and related technologies. The firm pursues equity and crypto opportunities across AI, developer tools, foundational infrastructure, decentralised finance, cryptocurrency, scalability, asset managers, and privacy technologies, with emphasis on supporting early-stage startups building foundational layers and applications for the decentralized web. It aims to back founders reshaping technology and daily life by providing capital and strategic guidance throughout a company's lifecycle.

Newman Capital is a proprietary venture capital firm headquartered in Hong Kong with a footprint across APAC and North America. Founded in 2021, it focuses on early-stage startups in consumer applications, development enablers, and blockchain infrastructure, with emphasis on Web3 and digital assets. The firm seeks aspirational founders and leverages its networks to provide access to resources that help portfolio companies scale, supporting technologies that enhance global connectivity and foster decentralized economies.

Sapphire Ventures is a venture capital firm and growth equity investor focused on expansion-stage enterprise software and AI-enabled companies. It partners with management teams and venture funds to back companies of consequence, aiming to scale them toward category leadership. The firm operates a Portfolio Growth team that provides value-added services, tools, and resources to portfolio leaders as they scale. With a global footprint including offices in Austin, Palo Alto, London, and San Francisco, Sapphire manages multiple funds and more than $6.8 billion in assets under management across Sapphire Ventures, Sapphire Partners, and Sapphire Sport. Founded in 1996, it became independent in 2011 and rebranded as Sapphire Ventures in 2014.

Founders Fund is a San Francisco-based venture capital firm that invests in science and technology companies across all stages, with a focus on transformational technologies and long-term impact. It backs startups addressing difficult problems in sectors such as aerospace, artificial intelligence, energy, information technology, software, advanced manufacturing and defense-related tech, and it emphasizes a founder-friendly approach that provides support with minimal interference. The firm has backed prominent companies including SpaceX, Palantir, Facebook and Airbnb, reflecting a history of early backing for high-growth ventures. Founders Fund seeks global opportunities and partners with entrepreneurs to navigate rapid technological change, from seed to growth investments.

SNZ Holding is a crypto-native, research-driven investment and incubation company with a global portfolio spanning infrastructure and middleware, fintech, and application and content, including blockchain-enabled applications. The firm has been an early backer of Ethereum and a strategic partner for projects such as Chainlink, and in 2026 launched Ethereum Hong Kong Hub with support from the Ethereum Foundation to bridge East and West and connect Web2 and Web3 ecosystems. Its investment thesis focuses on identifying and advancing early-stage opportunities in digital assets and blockchain, while maintaining a long-term view to create network effects and provide founders with expertise, connections and resources from the outset. Beyond funding, SNZ Holding cultivates education and ecosystem development through events and programs like blockchain industry trend initiatives and university roadshows in Asia. The company is described by sources as founded by engineers and blockchain evangelists and is based in Beijing, investing across seed to later-stage opportunities in crypto and blockchain sectors.

TPC Ventures is a Panama-based venture capital firm founded in 2021 that concentrates on the Web 3.0 ecosystem. It backs startups with strong teams, innovative projects, operational execution, and active community building, with a focus on cryptocurrency ventures and the Latin American market. The portfolio spans multiple countries and includes unicorns, reflecting a growth-oriented approach across Web 3.0. A multidisciplinary team supports portfolio companies and engages with global industry events to foster collaboration and scale opportunities.

Lemniscap is a venture capital firm founded in 2017 and based in George Town, Cayman Islands. It specializes in investing in blockchain and cryptocurrency sectors, with a focus on decentralized technologies, cryptoassets, and related infrastructure. The firm supports opportunities across DeFi, CeFi, and tooling projects and aims to identify protocols and products with scalable, durable business models. In addition to investments, Lemniscap provides research and commentary on emerging crypto trends to inform its portfolio and the broader ecosystem.