Multicoin Capital

venture_capital

Profile

Investments
9
Companies
6

Capital

Total Deployed
$1.1B
Lead Rounds
1

Portfolio

6 companies
Kalshi $1.5B
Private New York, New York, United States

The first federally regulated prediction market exchange in the United States, approved by the CFTC as a Designated Contract Market in 2020. Enables users to trade event contracts on real-world outcomes spanning economics, politics, weather, sports, and culture. Emerged from Y Combinator's W19 batch.

Solana Labs $360M
Private San Francisco, California, United States

Technology company behind the Solana blockchain, a high-performance Layer 1 platform using a novel Proof of History consensus mechanism alongside proof-of-stake to achieve thousands of transactions per second with low fees. Builds developer tooling, mobile products (Saga phone), and an incubation studio for decentralized applications.

Aptos Labs $350M
Private Palo Alto, United States

Layer 1 blockchain company building the Aptos network, designed for safety, scalability, and mainstream Web3 adoption. Uses the Move programming language originally developed for Meta's discontinued Diem stablecoin project. Features a parallel execution engine (Block-STM) for high throughput. Founded by two former Meta engineers who led key aspects of the Diem blockchain.

DFINITY Foundation $167M
Private Zurich, Switzerland

DFINITY Foundation is a not-for-profit organization that builds and maintains the Internet Computer, a web-speed, internet-scale public blockchain. The platform enables smart contracts to serve interactive web content directly to browsers, allowing developers to build fully decentralized applications and enterprise systems.

Novig $99M
Private New York, US

Trader-first sports prediction market that eliminates the traditional sportsbook model by enabling peer-to-peer trading on sports outcomes. The platform offers commission-free trading, full transparency, and better pricing. A Y Combinator alumnus, Novig has achieved $4B+ in annualized trading volume and has applied to the CFTC to become a federally regulated exchange available in all 50 states.

Arweave $13M
Private London, United Kingdom

Arweave is a decentralized permanent data storage network that uses a blockchain-based structure called a "blockweave" to store data indefinitely. The protocol enables a "permaweb" where websites, applications, and files are preserved permanently without risk of deletion or censorship.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.