1. Andreessen Horowitz (a16z)Dominates crypto investing with a $4.5B fund launched in 2022. Entered the blockchain arena in 2018, backing infrastructure & decentralised apps.
2. ParadigmFounded by Coinbase’s Fred Ehrsam and ex-Sequoia partner Matt Huang, Paradigm combines deep research with aggressive investment strategies.
3. Pantera CapitalLaunched in 2013, ranks among crypto’s earliest VCs. Managing $4.5 billion, CEO Dan Morehead has led the firm through multiple market cycles.
4. Polychain CapitalOlaf Carlson-Wee, Coinbase’s first employee, founded Polychain in 2016. The firm’s $200 million 2023 fund targets revolutionary protocols like Solana, Filecoin and Internet Computer
5. Coinbase VenturesCoinbase’s investment arm, launched in 2018, leverages its parent company’s expertise to identify winners early.