1confirmation

cb Email

Status

ACTIVE

Global HQ

San Francisco, United States

Countries of investment

United States
Canada
United Kingdom
Switzerland
Cayman Islands

Investment stages

Pre-Seed
Seed
Series A

Industries

Crypto
Web3
NFTs
Bitcoin
Ethereum
DeFi
Liquid Tokens

About
1confirmation is a San Francisco-based early-stage crypto VC. Their focus spans NFTs, Bitcoin, Ethereum, DeFi, and liquid tokens across the United States, Canada, United Kingdom, Switzerland, and Cayman Islands. The firm supports crypto-native founders from Pre-Seed through Series A.

Min check size: $250K
Max check size: $2M
Fund size: Unlock
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Investment Thesis

1confirmation is an early-stage venture capital firm deploying capital across crypto, Web3, NFTs, Bitcoin, Ethereum, DeFi, and liquid tokens sectors. They invest as one of the OG crypto-native VCs with a specialist thesis-driven approach to NFTs and emerging crypto primitives. The firm differentiates itself through founder Nick Tomaino's prior Coinbase Business Development leadership, 2017 founding date as one of the oldest dedicated crypto VCs, NFT investment heritage including early CryptoPunks bets, and concentrated small fund sizes for high-conviction investing.

Lead investor: Unlock
Co Invest: Unlock
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Manager's Experience

Nick Tomaino (Founder & Managing Partner) founded 1confirmation in 2017 after serving as Head of Business Development at Coinbase from 2013-2016 during its earliest growth phase; he was one of the OG crypto-native investors before crypto VC was a recognized category. He has built a track record of concentrated small fund sizes with high conviction investing including early CryptoPunks NFT bets, with notable backings of OpenSea, dYdX, and other category-defining crypto companies.