What is Multicoin Capital?

Multicoin Capital is a Venture Capital based in Austin.

How many investments has Multicoin Capital made?

Multicoin Capital has made 99 disclosed investments.

How much does Multicoin Capital manage?

Multicoin Capital manages $600.0M in assets.

What does Multicoin Capital invest in?

Multicoin Capital invests in Crypto & Web3 Seed, Early Stage, Growth companies.

What companies has Multicoin Capital invested in?

Multicoin Capital's portfolio includes RabbitX, Pipe Network, Flow, CoinBooks, Alliance, El Dorado.

Multicoin Capital

Venture Capital

Thesis-driven investment firm co-founded by Kyle Samani and Tushar Jain that invests in cryptocurrencies, tokens, and blockchain companies, managing both a hedge fund and multiple venture funds.

Austin, United States · 99+ investments · 155 portfolio companies

Website

Seed

Early Stage

Growth

Crypto & Web3

Headquarters: Austin, United States
Founded: 2017
Website: multicoin.capital
AUM: $600.0M

Portfolio Companies: 155
Total Investments: 99
Last Investment: May 2026
Geographic Focus: Asia, Europe, North America

Investment Thesis

Thesis-driven crypto fund focused on three mega-theses: Open Finance (DeFi/decentralized financial primitives), Web3 (empowering consumers to control their own data), and Global State-Free Money (digital gold and beyond). Invests in tokens and blockchain companies reshaping trillion-dollar markets through both public market tokens and private venture investments. Seeks non-consensus, concentrated bets in crypto infrastructure and application layers.

Multicoin Capital is a Venture Capital firm based in Austin, United States. It has made 99 investments in Crypto & Web3, including RabbitX, Pipe Network and Flow.

Portfolio155

OXIO

Co-investors24

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24 co-investors across 236 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×20 · Hedge Fund ×2 · Corporate VC ×1 · 92 shared rounds

Investment History

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