Zama public auction — DropsTab Research

Zama’s public auction offers entry at a $55M FDV—over 94% below its $1B VC valuation. Here’s how the sealed-bid sale works and why demand may run far higher.

Pantera Capital

Multicoin Capital

Blockchange Ventures

Protocol Labs

Zama Public Auction

United States of America

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. They manage a hedge fund and several venture funds, investing across both public and private markets.

Innovating, venturing, and catapulting forward the next generation of teams/companies

Infinity Ventures Crypto (IVC)

SignalFire

Pharsalus Capital

Justin Mateen

Great Oaks is an early-stage venture investment firm that invests in seed and series a investments in tech-based startups.

Great Oaks Venture Capital

JAM Fund

NOMO Ventures

Soma Capital

Solana Ventures' mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

Solana Ventures

Switzerland

Traditional VC investor into digital assets. We invest globally into outstanding founders building next generation of financial services.

RockawayX

L1D aims to be at the forefront of the paradigm shift brought about by decentralized networks and invests in the most promising cryptocurrency managers and founders. L1D aims to help institutional investors gain access to this complex and rapidly evolving space.

L1 Digital

Anatoly is the creator of Solana. He led development of operating systems at Qualcomm, distributed systems at Mesosphere, and compression at Dropbox. He holds 2 patents for high performance Operating Systems protocols, was a core kernel developer for BREW which powered every CDMA flip phone (100m+ devices), and led development of tech that madeProject Tango (VR/AR) possible on Qualcomm phones.

Anatoly Yakovenko

Nick Ducoff

Theia invests in companies building the Internet Financial System, a global financial system based on cryptography that anybody can access from a phone or laptop.

THEIA

Prelude

Exponent

Mechanism Capital is an investment firm that invests in the cryptocurrency industry with a focus on decentralized finance or DeFi.

Mechanism Capital

Robot Ventures primarily invests in projects and companies related to decentralized finance (DeFi), blockchain technology, cryptocurrencies, and the broader Web 3.0 ecosystem. They seek to identify promising early-stage projects that are building innovative solutions in these areas.

Robot Ventures

Germany

Cherry Ventures

Philippines

Stepan Simkin

macbrennan

Retired Chad Dev

Robert Chen

Timur Samoylov

Alkine

Bridges

Solar

Marius Ciubotariu

David Lu

ilmoi

Marc Tillement

Anna Y

Bigz

Thanos Soutos

Swen Schaferjohann

Pantera Capital is a blockchain and cryptocurrency-focused investment firm and hedge fund. It was founded in 2013 by Dan Morehead, who is a former Wall Street executive and chief financial officer (CFO) at Tiger Management. Pantera Capital is known for being one of the earliest institutional investors in the cryptocurrency space and has been actively involved in supporting the growth and development of blockchain technology and digital assets.

NFX operates as a pre-seed and seed stage VC that is transforming how true innovators are funded.

Makers Fund

A venture capital firm dedicated to the modern consumer and the ambitious teams reshaping categories.

Forerunner

Perceptive is a seed and pre-seed venture firm investing in AI-first companies across the U.S. and Latin America.

Perceptive

Edge Equity

Novig

Y Combinator is a startup accelerator that invests in a wide range of startups twice a year.

Y Combinator

Lux Capital

Gaingels is a venture investment syndicate in service of the LGBT+ community and its allies, investing in companies with LGBT+ founders and C-suite leaders at all stages of growth, as well as in more established companies resolved on building more inclusive teams, with a global portfolio of 130+ companies and $70M in deployed investment capital todate. 
The Gaingels network also actively supports its portfolio in identifying and recruiting diverse talent to their C-suite and board leadership teams and fosters a vibrant global community of industry leaders, investors, operators, and entrepreneurs who share a common goal for positive social change through business and successful investments.

Gaingels

Palm Drive Capital is built on the fundamental belief that innovators are everywhere.

Palm Drive Capital

CapitalX

RebelFundVC

TRAC

Bayhouse Capital

Arash Ferdowsi

Austen Allred

Joe Montana

CoinFund is a blockchain-focused investment firm and cryptocurrency research company that specializes in supporting and investing in early-stage blockchain and crypto projects. Founded by Jake Brukhman and Alex Felix in 2015, CoinFund has been active in the cryptocurrency and blockchain space for several years

CoinFund

LI.FI

1kx is a venture capital firm that stands at the forefront of the blockchain and crypto space, focusing on investments in decentralized technologies and blockchain-based projects. Founded by Christopher Heymann and Lasse Clausen, 1kx has established itself as a key player in identifying and supporting early-stage companies that are pushing the boundaries of innovation in the crypto ecosystem.

Investing in the crypto-powered Web3 and creator economy ecosystems

6MV (6th Man Ventures)

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

Dragonfly Capital Partners, commonly referred to as Dragonfly Capital, is a venture capital firm that focuses on investments in the blockchain and cryptocurrency space. Dragonfly Capital is known for its active involvement in the blockchain and crypto industry and its commitment to supporting innovative projects and companies.

Dragonfly Capital

Circle Ventures focuses on proprietary capital investments in the technology sector.

Circle Ventures

Scalar Capital provides fund management and advisory services.

Scalar Capital

Abra

Superscrypt

Perridon Holdings

Bloccelerate VC is a venture fund backing bold entrepreneurs building category defining companies using the power of blockchain.

Bloccelerate

Colombia

Lattice Capital helps portfolio grow by providing structure & experience to the small business development through incubation & investment.

Lattice Capital

AngelDAO operates as a decentralized autonomous organization.

AngelDAO

Argentina

Baires DAO

TPC is a vertically integrated adviser and debt financier in the film, television and advertisement industries.

Three Point Capital

Factor revolutionizes on-chain asset management by providing the middleware infrastructure to aggregate core DeFi products and liquidity.

Factor

Theta Blockchain Ventures is the leading fund of funds program for crypto-native venture capital.

Theta Blockchain Ventures

Santiago Roel Santos is the Partner at ParaFi Capital

Santiago Roel Santos

Chaotic Capital

Lucas Bruder

Mert Mumtaz

Andrej Radonjic

a16z crypto is a venture capital fund that invests in crypto and web3 startups

a16z crypto CSX

Topology Ventures

Albert Chen

Susan Carstensen

Founders Inc

Inference

United Kingdom

Fabric Ventures often takes a strategic approach to its investments, seeking to support projects that align with their vision of a decentralized and open internet. They may also provide additional resources and support beyond just capital.

Fabric Ventures

Galaxy is a digital asset and blockchain leader helping institutions, startups, and qualified individuals shape a changing economy.

Galaxy

We offer investors intelligently designed investment strategies that take advantage of targeted market opportunities.

VanEck

GSR, founded in 2013, is a global leader in digital asset trading and market making.
GSR is a crypto market maker and ecosystem partner

GSR Markets (GSR)

Road Capital

Halo Capital

Salt Capital

CrunchDAO

An elemental approach to investing in next generation digital economies.

Elixir Capital

Factor stands behind and empowers entrepreneurs who acknowledge that society's overarching issues require innovative and fresh approaches.

Factor Capital

Jump Crypto, a division of the Jump Trading Group, is a global leader in Web3 infrastructure development and investment.

Jump Crypto

Forward Industries

Paradigm is a cryptocurrency-focused investment firm and venture capital company. It was founded by Matt Huang and Fred Ehrsam, both of whom have significant experience in the cryptocurrency and blockchain industry. Paradigm is headquartered in San Francisco, California, and is considered a prominent player in the digital asset and blockchain investment space.

Paradigm

Sequoia Capital is a renowned venture capital firm with a strong presence in Silicon Valley and a global reach. Founded in 1972 by Don Valentine, it has played a significant role in the growth and development of numerous technology companies.

Sequoia Capital

Bond is a venture capital firm that supports visionary founders throughout their life cycle of innovation and growth.

Bond

Neo is a diverse mentorship community, startup accelerator, and VC fund.

Peng Zhao

Kalshi

Andreessen Horowitz, often referred to as "a16z," is a prominent venture capital firm based in Menlo Park, California. It was founded in 2009 by Marc Andreessen and Ben Horowitz, both of whom are well-known figures in the tech industry. Andreessen Horowitz is one of the leading venture capital firms in Silicon Valley and has gained a reputation for its investments in technology companies, particularly in the areas of software, internet, and more recently, blockchain and cryptocurrency.

Andreessen Horowitz (a16z)

Coatue is a privately-owned hedge fund sponsor. Coatue invests in public and private equity markets focusing on the technology, media, and telecommunications industries.

Coatue Management

CapitalG is the growth capital fund financed by Alphabet that invests for profit in growth stage technology companies

CapitalG

Kevin Durant

Spark

Anthos Capital

Yield.xyz

Singapore

The Spartan Group primarily focuses on investments in digital assets, cryptocurrencies, and blockchain-related projects. They actively manage a portfolio of various cryptocurrencies, including Bitcoin and Ethereum, as well as other tokens and blockchain assets.

The Spartan Group

Shima Capital is an early stage VC firm investing in disruptive web3 and blockchain technology companies.

Shima Capital

Australia

Kosmos Ventures is an Australian investment firm founded in early 2017, focused on helping blockchain startups scale and integrate their technology into our future.

Kosmos Ventures

GSR Ventures is a venture capital firm focused on early-stage technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology.

GSR Ventures

Israel

Eden Block is a private, independent, research-centric investment vehicle dedicated to enriching the environments that make up Web 3.0.

Eden Block

Echo Base

Chorus One is building validation and staking infrastructure for Proof-of-Stake networks.

Chorus One

Primeblock ventures is a diversified investment firm dedicated to the digital asset, cryptocurrency and blockchain technology industry.

Primeblock Ventures

Figment Capital launched its first fund in 2021 to invest in high-conviction, early-stage blockchain infrastructure projects. As an early-stage investor, they work closely with founders as they scale from idea to adoption and beyond.

Figment Capital

Daedalus

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

Lattice

Inception Capital is an early-stage Web3 venture capital firm guiding founders from east and west.

Inception Capital

China

Hongshan, formerly known as Sequoia Capital China, is a venture capital firm specializing in investments across various stages, from seed and mid-stage to late-stage and growth, with a particular focus on the fintech sector.

HongShan (ex-Sequoia China)

Gradient Network

P2P.me

Borderless Capital is a Blockchain VC firm and a modern financial institution investing capital and co-building financial products with our portfolio companies that accelerates access, bootstraps adoption, and creates value globally through the Algorand Borderless Economy.

Borderless Capital

Reciprocal Ventures is a venture capital firm focused exclusively on FinTech.

Reciprocal Ventures

Foundation Capital is a venture capital firm made up of former entrepreneurs and helps companies and businesses grow.

Foundation Capital

DBA is a New York-based crypto investment firm.

Multicoin Capital

About Multicoin Capital