Fundraising Fox

Protocol Ventures

Fund of funds

Seed–Series A

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Investment thesis

Protocol Ventures identifies and invests in elite crypto hedge funds managed by leaders with deep blockchain technical expertise, strong industry networks, and differentiated investment theses. The fund seeks managers with asymmetric knowledge of the industry and a value-add approach to ecosystem growth, offering limited partners diversification across complementary strategies through a single investment vehicle.

Invests inCrypto & Web3

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Series A
Check
$5M
Leads rounds
Follows
Instruments
Equity
Founded
2017

Frequently asked questions

What stage does Protocol Ventures invest at?
Protocol Ventures invests at the Seed, Series A stages.
What is Protocol Ventures's typical check size?
Protocol Ventures typically writes checks of $5M.
What sectors does Protocol Ventures focus on?
Protocol Ventures focuses on Crypto & Web3.
Does Protocol Ventures lead rounds?
Protocol Ventures typically participates in rounds rather than leading them.

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