Digital asset fund investing in the analog to digital transformation of money in the emergent financial system.

UTXO Management

Blockstream

Capital B (The Blockchain Group)

Adam Back

Ludovic Chechin-Laurans

TOBAM

Quadrille Capital

Yves Choueifaty

United States of America

We believe in Bitcoin as a next generation politically neutral monetary system, the foundation for decentralized finance of the future. While Bitcoin is an efficient settlement layer, it needs a Layer-2 solution for everyday transactions. That is why we support development of the Lightning Network - an essential step towards decentralized finance.As technology entrepreneurs we combine decades of experience creating business from zero and scaling it in emerging and fast-growing industries.
We support outstanding teams in several ways: writing checks of $50-$200k for pre-seed startups; granting rewards for acknowledged contributions to the ecosystem; providing startup advisory and mentoring; investing in later stages.

Along the way we help startups to navigate cryptocurrency legal and regulatory environment according to the evolving industry standards and best practices.

Fulgur Ventures

United Arab Emirates

Morningstar Ventures is an investment firm focused on digital assets and blockchain technology.

Morningstar Ventures

Arcanum Capital is a growth-driven investment in decentralized protocols.

Arcanum Capital

Humla Ventures

Anagram Crypto

The Bitcoin Opportunity Fund helps high net-worth investors who are seeking to generate higher risk-adjusted returns diversify into the Bitcoin ecosystem by focusing on both public and private opportunities with an experienced investment team.

Bitcoin Opportunity Fund

G20 Ventures

Further

OP NET

aifinyo

ParaFi Capital is an alternative investment firm focused on blockchain and decentralized finance markets.

ParaFi Capital

Hong Kong

Animoca Brands is a global digital entertainment company that specializes in the development and publishing of mobile games, blockchain-based games, and non-fungible tokens (NFTs). They are known for creating and publishing a wide range of popular games, including licensed intellectual properties such as Formula 1, Doraemon, and MotoGP. Animoca Brands is also heavily involved in the blockchain gaming space, leveraging the benefits of blockchain technology and NFTs to create unique gaming experiences.

Animoca Brands

DigitalX

CMS Holdings may also invest in early-stage blockchain and cryptocurrency projects through private investments and strategic partnerships. They provide capital and support to innovative startups in the crypto space.

CMS Holdings

Managed by the family office of Arthur Hayes (co-founder, BitMEX), Maelstrom is building a long-term portfolio of infrastructure companies that will serve as the foundation of the next wave of trustless decentralization.

Maelstrom

RockTree Capital

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

Infinity Ventures Crypto (IVC)

Stake Capital

Builder Capital

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

Bloccelerate

Optic Capital

Relayer Capital

Wise3 Ventures

Veil

Rover

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

Draper Associates is a global venture capital firm that invests in companies driving transformative change across industries.

Draper Associates

Canada

3Commas provides a platform for cryptocurrency investors to trade with minimal risks, limit losses, and increase profits.

3Commas

China

Early stage venture capital fund focusing on Asia/US cross-border technology investments.

Draper Dragon

Tenzor Capital

MH Ventures is a world-class community-backed venture capital investing in top blockchain projects of the future.

MH Ventures

Delta Blockchain Fund has actively partnered with entrepreneurs since the beginning of Delta's lifecycle in September 2021. We’re proud to have backed multiple companies and to be their cheerleader throughout their journey.

Delta Blockchain Fund

domo

Paul Taylor

Sats Ventures

Core DAO

Franklin Bi

Sats Terminal

Gate Ventures

Investing in outstanding teams building new use cases for Bitcoin.

Bitcoin Frontier Fund

Wave Digital Assets

Necto Labs

Maestro

Accomplice is a seed-led venture capital firm that invests in technology startup companies.

Accomplice

Chapter One Ventures

Abstract Ventures

Guillermo Rauch

Soma Capital

Fan Zhang

Gwart

Alexei Lebedev

Christian Catalini

Flashnet

Framework Ventures is a cutting-edge venture capital firm deeply immersed in the world of decentralized finance (DeFi) and blockchain technology. Founded by Michael Anderson and Vance Spencer, Framework Ventures stands out as a key player in the rapidly evolving landscape of digital assets and blockchain-based financial innovations.

Framework Ventures

Kenetic is a proprietary trading and VC investment firm focused on digital assets and blockchain related companies.

Kenetic Capital

SNZ Holding is a crypto fund founded by a group of engineers, blockchain evangelists and entrepreneurs passionate about disruptive blockchain technologies.

SNZ Holding

Singapore

Antalpha

GeekCartel

Trinito is a trading investment company focusing on digital assets.

Trinito

Comma3 Ventures

Presto Labs

MARBLEX

Summer Ventures

Taiko is as a fully open source, permissionless, Ethereum-equivalent ZK-Rollup. Using Taiko feels the exact same as using Ethereum.

Taiko

Avalon

Malta

YZi Labs is an investment firm formerly known as Binance Labs that invests in all stages of development in the fields of Web3, artificial intelligence (AI), and biotechnology.

YZi Labs (prev Binance Labs)

Spark Digital Capital is a research-focused crypto fund that invests in the future of blockchain and technology.

Spark Digital Capital

Matrixport is a digital assets financial services platform where users can invest, trade, and leverage crypto assets.

Matrixport

Web3Port

PAKA

UTXO Stack

OKX Ventures is a fund focused on exploring high-quality and promising projects, with an initial capital of $100 million.

OKX Ventures

A cryptocurrency venture capital firm founded in 2017, Waterdrip Capital aims to invest in and build with the most promising blockchain startups.

Waterdrip Capital

Y2Z Ventures is a long-term venture mainly focused on Metaverse and Web 3.0.

Y2Z Ventures

ABCDE Capital

DRK Lab is a boutique studio-like lab founded by Blockchain professionals that devoted in helping talented projects/teams, contributing as active builder to develop an organic Web3 world with long-termist.

DRK Lab

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

OIG provides one of a kind platform for Crypto Project teams to raise capital, grow supporters, and Crypto Investors to take part in promising projects.

OIG Oracles Investment Group

Kun Gao

United Kingdom

B2C2 is the trading firm of choice in the institutional crypto markets.

B2C2

The company invests in Seed & Private Sale Rounds and are always excited about the projects that aim at adding real value in the Blockchain Ecosystem.

NewTribe Capital

Venture capital firm with a focus on blockchain games.

GameFi Ventures

Chairman of Animoca Brands and generally excited to talk about true digital property rights

Yat Siu

Cypher Capital is a venture capital firm aimed at investing in early-stage blockchain projects.

Cypher Capital Group

Citizen Capital

London Real Ventures

dingaling

FarmerJoe

Aspen Digital

The G-20 Group was founded on the principles of team work and integrity, with client service at its core. G-20 has been active in Switzerland since 2010 as an Asset Manager and Advisor for Institutional clients.
‍

G-20 Group

Digital Consensus Fund is an early-stage venture fund dedicated to empowering the pioneers of the Web3 revolution.

Digital Consensus

BLIFE Protocol

Portal

HashKey Capital is a blockchain and cryptocurrency-focused venture capital and investment firm based in Hong Kong. They specialize in funding and supporting early-stage blockchain and cryptocurrency projects, startups, and companies.

HashKey Capital

Wolf

Lnfi Network

SevenX Ventures provides insights and operational expertise to help blockchain startups in growing.

SevenX Ventures

Mirana Ventures is a leading global investment fund that provides long-term capital and strategic partnerships to visionary founders and fund managers in the Web3 space.

Mirana Ventures

CoinSummer

Istari Ventures is a crypto payments and blockchain finance focused venture fund with a mandate to invest in early-stage companies with proven use cases and real utilities.

Istari Ventures

A middle-eastern based web3 fund aiming to supporting aspiring founders from day one.

Sharding Capital

Mantle

Arcane Crypto

Seven Seas Capital

10K VC

PumpBTC

Ethos Fund

Hermetica

Polychain Capital is a cryptocurrency-focused investment management firm and hedge fund. It was founded in 2016 by Olaf Carlson-Wee, who was the first employee at Coinbase and is known for being one of the earliest advocates of cryptocurrencies and blockchain technology. Polychain Capital is headquartered in San Francisco, California, and is considered one of the prominent players in the cryptocurrency investment space.

Polychain Capital

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

Galaxy

Amber Group is a one-stop crypto finance service provider that provides liquidity provision, trading and asset management services 24/7.

Amber Group

Ethereal Ventures a new venture fund established by Joseph Lubin

Ethereal Ventures

UpHonest Capital

Ambush Capital is an angel fund in New York that helps entrepreneurs through the early stages of building a company.

Ambush Capital

SatoshiLab

280 Capital

L2 Iterative Ventures (L2IV)

Yala

Franklin Templeton

Oak Grove Ventures is an early-stage investment firm with a primary focus on advanced technology sectors.

Oak Grove Ventures

APRO

WAGMI Ventures

Revelo Intel

BitFlow

Marin Digital Ventures

Samara Asset Group is a deep-tech powered alternative asset manager with a hyperfocus on alpha-generating strategies and Bitcoin.

Samara Asset Group

Bitcoin Startup Lab

Jan Smejkal

Ducat

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

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.

			Stage	Investors
Capital B (The Blockchain Group)	$3.21 M	~$32.10 M	PIPE		--	Finance	Mar 30, 2026
OP NET	$5.00 M	~$50.00 M	Funding Round	+5		Infrastructure	Mar 11, 2026
aifinyo	$3.48 M	~$34.80 M	Post-IPO			Finance	Oct 21, 2025
DigitalX	$13.50 M	~$135.00 M	Strategic Round			Finance	Jul 8, 2025
Rover	$4.10 M	~$41.00 M	Seed Round	+10		DeFi	May 20, 2025
Sats Terminal	$1.70 M	~$17.00 M	Pre-seed	+10		DEX	Apr 7, 2025
Maestro	$3.00 M	~$30.00 M	Seed Round	+3		Infrastructure	Feb 18, 2025
Flashnet	$4.50 M	~$45.00 M	Seed Round	+8		DEX	Feb 4, 2025
AVL Avalon	$10.00 M	~$100.00 M	Series A	+9		DeFi	Dec 23, 2024
UTXO Stack	--	$50.00 M	Series A			Blockchain	Dec 19, 2024
BLIFE Protocol	$7.00 M	~$70.00 M	Funding Round	+18		Infrastructure	Dec 2, 2024
LN Lnfi Network	--	--	Pre-seed	+2		DEX	Nov 22, 2024
PUMP PumpBTC	$10.00 M	~$100.00 M	Seed Round	+7		Liquid Staking Protocols	Oct 29, 2024
Hermetica	$1.70 M	~$17.00 M	Seed Round			DeFi	Oct 16, 2024
YALA Yala	$8.00 M	~$80.00 M	Seed Round	+11		DeFi	Oct 10, 2024
AT APRO	$3.00 M	~$30.00 M	Seed Round	+5		Blockchain Service	Oct 7, 2024
Ducat	$1.25 M	~$12.50 M	Pre-seed	+7		DeFi	Aug 22, 2024
Satflow	$7.60 M	~$76.00 M	Seed Round	+13	--	DeFi	Aug 14, 2024
Rebar Labs	$2.90 M	~$29.00 M	Seed Round	+2		Infrastructure	Jun 27, 2024
ODX (Ordinox)	$1.00 M	~$10.00 M	Pre-seed	+8	--	DeFi	Jun 20, 2024

UTXO Management

About UTXO Management

Investments Allocation

Fundraising Rounds