Polychain Capital Fund IV

Polychain Capital

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Status

ACTIVE

Global HQ

San Francisco, United States

Countries of investment

United States
United Kingdom
Singapore
Switzerland
Cayman Islands
Canada
Germany
France
Israel

Investment stages

Seed
Series A
Series B
Series C
Growth

Industries

Crypto
Blockchain
DeFi
Web3
Layer 1 Protocols
Infrastructure
Liquid Tokens
Stablecoins
Validator Operations

About
Polychain Capital is a San Francisco-based multi-strategy crypto investment firm. Their focus spans DeFi, Web3, Layer 1 protocols, infrastructure, liquid tokens, stablecoins, and validator operations across the United States, United Kingdom, Singapore, Switzerland, Cayman Islands, Canada, Germany, France, and Israel. The firm supports founders from Seed through Growth.

Min check size: $1M
Max check size: $25M
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Investment Thesis

Polychain Capital is a multi-strategy crypto investment firm deploying capital across crypto, blockchain, DeFi, Web3, Layer 1 protocols, infrastructure, liquid tokens, stablecoins, and validator operations sectors. They invest as one of the largest dedicated crypto hedge funds and venture firms globally through multiple complementary strategies. The firm differentiates itself through its founder Olaf Carlson-Wee (former first Coinbase employee), $1B+ AUM across hedge fund and venture strategies, validator operations infrastructure, and Tier-1 reputation as one of the first institutional crypto-native funds.

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Manager's Experience

Olaf Carlson-Wee (Founder & CEO) founded Polychain Capital in 2016 after serving as the first employee at Coinbase, bringing unparalleled crypto-native operator credibility; he previously served as Head of Operations at Coinbase building the firm's operational and compliance infrastructure during its early growth. The firm has built a $1B+ AUM platform spanning hedge fund and venture strategies with backing from Andreessen Horowitz, Founders Fund, Sequoia Capital, and Union Square Ventures as among the first crypto-native institutional investors.