Multicoin Capital
Venture capitalAustin · Seed–Series B · 12 people tracked
Investment thesis
Multicoin Capital believes blockchains are the fundamental technology for moving money, coordinating capital formation, and powering global financial markets. The firm focuses on eight core investment themes: Fintech 4.0 (stablecoins and blockchain-based payment solutions), DeFi Mullet (layered DeFi infrastructure from frontends to protocols), Financial Globalization (blockchain-enabled market access worldwide), More Efficient Borrow/Lend (global underwriting of productive loans), Entertainment Finance (reducing intermediary costs in entertainment economies), Programmable Ownership (tokens enabling ownership in DePIN and networks), Credibly-Neutral Blockchains (base layers that attract builders through neutrality), and Cryptographic Primitives (infrastructure for AI agents and online commerce). The firm targets projects that demonstrate sustainable value capture and real-world financial use cases.
Source: firm website, verified Jul 21, 2026.
Team · 12 people
from the firm's websiteCo-founder and Managing Partner who leads portfolio construction and risk management. He brings experience from founding ePatientFinder, a health IT startup later acquired by Elligo Health Research, and holds degrees in Finance and Political Science from New York University.
Partner serving as Chief Financial Officer and Chief Operating Officer with over 22 years of experience in public and private equity, investment banking, and corporate finance. He has held positions at Tiger Management, Fox Paine & Co., Greenhill & Co., and Bazaarvoice, and serves on the investment committee of TSERS pension plan.
Partner serving as General Counsel managing all legal and policy functions and portfolio company legal strategy. He brings 12 years of experience as a partner in investment management and FinTech practices at Chapman and Cutler LLP counseling on digital asset matters, and serves as a Senior Lecturing Fellow at Duke University School of Law teaching blockchain and fintech law.
Partner leading global marketing and communications with nearly 20 years in venture capital. Specializes in go-to-market strategy and early-stage commercialization; previously founded and served as Senior Director at Jones-Dilworth, Inc., a PR consultancy for frontier science and deep tech, with a degree in Communications and Business Foundations from the University of Texas at Austin.
Partner leading investor relations and capital formation, also serving as senior member on the investment team sourcing and executing investments. Previously a Vice President in investment banking at Teneo specializing in institutional capital formation, with a degree in Finance and International Business from the University of Maryland.
Investment Partner who previously led operations and development at Abodewell, a quantitative market maker in residential real estate, managing their IoT security systems and growth operations. Prior experience includes roles on the Strategy and Business Development team at SAP.
Investment Partner specializing in decentralized finance protocols, DePIN infrastructure, and crypto-consumer applications, with early involvement in public markets thesis formation. He has previous experience from internships at Bitspark, a blockchain remittance platform, and Deloitte's tax advisory division.
Head Trader who previously served as Head of Trading at FalconX building and running institutional crypto trading desks. He held leadership positions at Glenhill Capital, XN, Balantrove, and Fortress, and holds a degree in Business Administration and Accounting.
Chief Compliance Officer and Deputy General Counsel with prior experience as an attorney in the SEC's Division of Examinations, where he spent six-and-a-half years in senior counsel roles. His background also includes eight years of complex civil litigation and compliance consulting services to registered investment advisers.
Analyst on the investment team with prior venture experience at BlockTower Capital, where he conducted crypto ecosystem research and invested in early-stage web3 startups. He previously worked at Plexus, a social network startup.
Deputy General Counsel who previously served as General Counsel at another digital asset-focused private fund manager and practiced corporate and regulatory law at O'Melveny and Myers and Paul Hastings. He is an Adjunct Professor at the University of Denver Sturm College of Law.
Director of Capital Formation & Investor Relations previously serving as Head of Capital Formation at Galaxy Asset Management directing global fundraising across multiple strategies. He held a Partner role at Morgan Stanley advising family offices and ultra-high-net-worth individuals, and began his career as an equity research analyst at Coanjo Capital.
What they invest in
from 8 of 8 portfolio companiesCrypto & Web3 ×4Fintech ×3AI & Machine Learning ×2Data & Infrastructure ×2AdTech ×1Consumer ×1Creator Economy ×1Developer Tools ×1
HQs:United States×2
Investments · 8 tracked
founders shown can be your intro pathGlif orchestrates multiple AI tools to generate short-form videos, product shoots, and ad campaigns. It serves VTubers, anime creators, character launch teams, and advertisers.
AdTechAI & Machine LearningCreator Economy
Hivemapper is a decentralized mapping network built on Solana that enables contributors to map the world in real time using cameras and apps while earning rewards through a token-based incentive system.
Crypto & Web3Data & Infrastructure
Mezo is a Bitcoin-backed lending and yield platform that allows users to borrow stablecoins (MUSD) using Bitcoin as collateral and earn yield through managed vault strategies. The platform serves Bitcoin holders seeking liquidity without selling their holdings.
Crypto & Web3Fintech
Mezo provided an AI intake assistant called MAX that enables property maintenance request handling through voice calls, allowing residents to submit requests and check work order status without staff intervention.
AI & Machine LearningPropTech
Multicoin Capital is a thesis-driven investment firm that manages hedge and venture funds investing in cryptoassets, tokens, and blockchain companies. The firm focuses on reshaping trillion-dollar markets through investments in execution layers, stablecoins, DeFi, payments, DePIN, and the intersection of crypto and AI.
Crypto & Web3Fintech
<UNKNOWN>Tushar Jain(Co-Founder and Managing Partner)
Novig is a sports prediction and trading platform designed for traders that prioritizes transparent odds and user experience without excluding profitable users. The platform operates as an alternative to traditional sportsbooks by centering fairness and transparency in the sports betting industry.
MarketplacesSports Tech
Novig operates a sports prediction market where users can trade on sporting outcomes without paying commissions. The platform replaces the traditional sportsbook model with a commission-free structure aimed at offering better pricing and market transparency.
ConsumerFintechGamingNew York City, US
Tableland is an open-source, decentralized cloud database built on SQLite that enables applications, data pipelines, and smart contracts to read and write tamper-proof data across EVM blockchains. It provides ACID-compliant relational database functionality with wallet and contract-based access control.
Crypto & Web3Data & InfrastructureDeveloper Tools
Frequently asked questions
- What stage does Multicoin Capital invest at?
- Multicoin Capital invests at the Seed, Series A, Series B stages.
- What sectors does Multicoin Capital focus on?
- Multicoin Capital focuses on Crypto & Web3, Fintech.
- Where is Multicoin Capital located?
- Multicoin Capital is headquartered in Austin, US.
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