Protocol Ventures
Fund of fundsSan Francisco · Seed–Series A · 11 people tracked
Investment thesis
Protocol Ventures positions itself as the first and leading fund of funds in the crypto asset class. Rather than picking individual tokens or companies, it allocates capital across a curated set of top-performing crypto hedge funds. Portfolio funds invest in highly liquid crypto assets, SAFTs, and equity of leading blockchain-related companies. Protocol selects fund managers based on past and expected performance, management quality, and complementary strategies, aiming to give investors diversification through a single LP investment. It aligns with managers who have deep technical blockchain understanding, asymmetric industry insight, strong global networks, a value-add approach, and a clear differentiated investment thesis.
Source: firm website, verified Aug 3, 2026.
Team · 11 people
from the firm's website & public directoriesFrequently 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.
- Where is Protocol Ventures located?
- Protocol Ventures is headquartered in San Francisco, US.
- Does Protocol Ventures lead rounds?
- Protocol Ventures typically participates in rounds rather than leading them.
Similar investors
Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.
Cathay Innovation is a multi-stage venture capital firm founded in Paris in 2015 that invests in startups building technologies transforming how people live and work, backed by industry and corporate partners.
Insight Partners is a venture and growth-stage software investor featuring a large portfolio of technology companies across multiple sectors and regions.
Spark Capital is a venture capital firm that backs founders across technology and consumer companies; it notably led Twitter's Series B in 2008.
Forte Ventures invests in technology companies across North America, partnering with corporate co-investors to identify opportunities. The firm leverages a network of strategic partners in its investment process.










