United States of America

Variant is an early-stage fund investing in web3. They believe the next generation of the internet will transform users into owners. They back mission-aligned founders at the earliest possible stage

Variant

Balaji S. Srinivasan is the CTO of Coinbase and cofounder of Counsyl, Earn, Teleport, and Coin Center. He was previously CEO at Earn.com, which was recently sold to Coinbase. Prior to taking the CEO role at Earn.com, Dr. Srinivasan was a General Partner at Andreessen Horowitz. Prior to joining a16z, he was the cofounder and CTO of FoundersFund-backed Counsyl, where he won the Wall Street Journal Innovation Award for Medicine and was named to the MIT TR35. Dr. Srinivasan holds a BS, MS, and PhD in Electrical Engineering and an MS in Chemical Engineering from Stanford University. He also teaches the occasional class at Stanford, including an online MOOC in 2013 which reached 250,000+ students worldwide.

Balaji Srinivasan

Coinbase Ventures is the venture capital arm of Coinbase, one of the largest and most well-known cryptocurrency exchanges in the world. Coinbase Ventures is focused on investing in early-stage companies and projects in the blockchain and cryptocurrency space. It provides funding, resources, and support to startups and entrepreneurs working on innovative blockchain and crypto-related technologies and applications.

Coinbase Ventures

Nascent is a team of builders who back early-stage crypto founders creating products and primitives for an open financial world.

Nascent

Castle Island Ventures is a venture capital firm

Castle Island Ventures

Lattice is an early-stage crypto VC that helps founders build defensible moats.

Lattice

Fin is an asset management firm investing full lifecycle in FinTech and adjacent verticals in principally B2B enterprise SaaS companies.

Fin Capital

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				Stage	Investors
	Project 11	$20.00 M	$120.00 M	Series A	+8		Infrastructure	Jan 14, 2026
	Project 11	$6.00 M	~$60.00 M	Seed Round	+2		Infrastructure	Jun 19, 2025

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