Multicoin Capital

aid: multicoin-capital
name: Multicoin Capital
description: >-
  Multicoin Capital is a thesis-driven crypto investment firm founded in 2017 by
  Kyle Samani and Tushar Jain, investing in cryptocurrencies, tokens, and
  blockchain companies and protocols believed to be reshaping trillion-dollar
  markets. The firm runs a hybrid structure of a hedge fund (its multi-billion
  dollar Master Fund, investing in public markets, direct positions, and
  strategic sales) alongside several venture funds that back early-stage
  companies, with venture checks ranging from roughly $1M to $50M. Its Venture
  Fund III closed at $422 million in January 2022. Multicoin invests across open
  and decentralized finance (DeFi), blockchain infrastructure and Layer 1/Layer 2
  protocols, decentralized physical infrastructure networks (DePIN), stablecoins
  and payments, real-world asset tokenization, wallets, identity, gaming, and
  crypto-native consumer applications, with a well-known concentration around the
  Solana ecosystem. The firm's phoenix logo symbolizes a new financial system
  rising from the ashes of the old one, reflecting its long-term, high-conviction
  approach to absolute returns across market cycles. Headquartered in Austin,
  Texas, Multicoin manages capital on behalf of family offices, foundations,
  endowments, and institutional investors. In February 2026 co-founder Kyle
  Samani stepped back from day-to-day management, with operations continuing under
  co-founder Tushar Jain and partner Brian Smith.
image: https://multicoin.capital/favicon.ico
x-type: venture-capital
x-category: Venture Capital
tags:
  - Venture Capital
  - Seed
  - Series A
  - Crypto
  - Blockchain
  - Web3
  - DeFi
  - Infrastructure
  - DePIN
  - Solana
  - United States
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.20'
apis: []
common:
  - type: Website
    url: https://multicoin.capital/
  - type: Portfolio
    url: https://multicoin.capital/portfolio/
  - type: Portfolio
    url: portfolio/multicoin-capital-portfolio.yml
  - type: Team
    url: https://multicoin.capital/about/
  - type: Team
    url: team/multicoin-capital-team.yml
  - type: Blog
    url: https://multicoin.capital/blog/
  - type: Jobs
    url: https://multicoin.capital/careers/
  - type: Twitter
    url: https://twitter.com/multicoincap
  - type: LinkedIn
    url: https://www.linkedin.com/company/multicoincapital
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/multicoin-capital
  - type: Contact
    url: mailto:hello@multicoin.capital
  - type: Features
    data:
      - 'Stage: Early-stage venture plus public/liquid token positions (hedge fund)'
      - 'Typical check: $1M-$50M (Venture Fund III)'
      - 'Sectors: DeFi, blockchain infrastructure, Layer 1/Layer 2 protocols, DePIN, stablecoins, payments, real-world assets, wallets, identity, gaming, crypto consumer'
      - 'Geography: United States (Austin, TX) with global crypto reach'
      - 'AUM: multi-billion dollar Master Fund (self-reported); AUM not publicly disclosed'
      - 'Funds: Master Fund (hedge fund) + Venture Funds; Venture Fund III $422M (closed January 2022)'
      - 'Founded: 2017'
      - 'Founders: Kyle Samani, Tushar Jain'
      - 'HQ: Austin, TX'
    sources:
      - https://multicoin.capital/
      - https://multicoin.capital/about/
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: kin@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Multicoin Capital
    url: https://multicoin.capital/