Multicoin Capital, a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies, announced their latest venture fund – $430 million Venture Fund III. The Austin-based company contributes between $500,000 to $25,000,000 to early-stage ventures. Later-stage projects up to $100 million or more are also of interest. Prior investments include startups that provide proof of work, such as Helium and Hivemapper; DataDAOs, such as Delphia; and creator monetization, such as Metaplex, Audius, Strata Protocol, and FanTiger. Multicoin is also considering making investments in consumer goods, innovative IP collaboration business models, Web3 infrastructure, open finance, and DAO Tooling.
Multicoin Capital Announces $430 Million Venture Fund III