Multicoin Capital Fund III

Multicoin Capital

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Status

ACTIVE

Global HQ

Austin, United States

Countries of investment

United States
Canada
Singapore
United Kingdom
Switzerland
Cayman Islands
Israel
Brazil
India

Investment stages

Pre-Seed
Seed
Series A
Series B

Industries

Crypto
DeFi
Web3
Layer 1 Protocols
DePIN
Stablecoins
Infrastructure
Consumer Crypto
AI x Crypto
Solana Ecosystem

About
Multicoin Capital is an Austin-based thesis-driven crypto VC. Their focus spans DeFi, Web3, Layer 1 protocols, DePIN, stablecoins, infrastructure, consumer crypto, and AI x crypto across the United States, Canada, Singapore, United Kingdom, Switzerland, Cayman Islands, Israel, Brazil, and India. The firm supports founders from Pre-Seed through Series B.

Min check size: $500K
Max check size: $15M
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Investment Thesis

Multicoin Capital is a thesis-driven multi-strategy crypto investment firm deploying capital across crypto, DeFi, Web3, Layer 1 protocols, DePIN, stablecoins, infrastructure, and consumer crypto sectors. They invest with deep conviction-based theses backing category-defining protocols especially within the Solana ecosystem and emerging DePIN category. The firm differentiates itself through its co-founders Kyle Samani and Tushar Jain's research-heavy approach, public investment thesis publication, Solana ecosystem leadership position, and pioneering DePIN investment category creation.

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Manager's Experience

Kyle Samani (Co-Founder & Managing Partner) co-founded Multicoin Capital in 2017 with a thesis-driven research-heavy approach; he is known for pioneering the DePIN (Decentralized Physical Infrastructure Networks) investment category and is one of the most prominent Solana ecosystem advocates globally. Tushar Jain (Co-Founder & Managing Partner) co-founded the firm bringing deep crypto investing and research expertise. The firm has built $1B+ AUM across thesis-driven multi-strategy platform with public investment thesis publication setting industry standards for transparency.