2022 closed with good news for the Crypto World as most cryptocurrencies were shown to be recovering as the year ended. This marked a better position for the year 2023 to help recover the lost glory of the cryptocurrencies. This year promises a steady rise in all major funds and currencies and the business has once again begun booming. The market has exploded with new firms and funds with great potential and amazing new ideas that are sure to take the entire paradigm to the next level. To celebrate this new shift in the crypto world, we have compiled a list of some of the best crypto VC firms of 2023 that have been performing dynamically in all areas and they are :
The Delta Blockchain Fund is an early-stage venture financing fund that helps visionaries and developers create a decentralised society, illuminating the way for blockchain innovation. Kavita Gupta ConsenSys former employee and the International Finance Corporation (IFC), founded the Delta Blockchain Fund in 2021. The fund makes investments in businesses that are redefining the decentralised space by developing practical use cases ranging from decentralised databases, identity, and data indexing solutions to crypto native applications like DeFi, NFTs, blockchain gaming, scaling, and cross-chain analytics.
Venture capital firm A16Z Crypto is situated in Menlo Park, California. Their fund aims to combine the best aspects of traditional venture capital to the highly developed and contemporary crypto industry. A16z Crypto has been investing in the cryptocurrency market for more than five years, and all of its investments are designed to be kept for at least ten years.
Fred Ehrsam, a co-founder of Coinbase, and Matt Huang, a partner at Sequoia Capital, established Paradigm, an investment company with a focus on cryptocurrencies, in San Francisco. Because of the depth of knowledge both founders have in the cryptocurrency industry, Paradigm is one of the largest crypto investment funds in the world. They make investments in a wide range of cryptocurrency ventures, from startups to fully developed companies.
A Menlo Park, California-based investment company called Pantera Capital focuses solely on enterprises, tokens, and projects involving blockchain technology, digital currency, and cryptographic assets. They were the first U.S.-based Bitcoin investment company, and its major goal is to promote the use of blockchain technology all over the world. They have a track record of creating well-diversified portfolios and adding value to the businesses in which they invest.
In Silicon Valley, California, there is a seed-stage venture fund called Draper Associates. They have been around since the middle of the 1980s and take satisfaction in investing in businesses that are reshaping industries. Draper Associates has, nevertheless, benefited from the recent shift towards blockchain-based businesses by utilising the new technology. They have a sizable amount of their portfolio invested in firms that are involved in cryptocurrencies and the blockchain, some of the most well-known ones being Coinbase, Ledger, Bitwage, and CryptoMove.
San Francisco, California-based Polychain Capitals is a cryptocurrency-based investing company. The main objective of Polychain Capitals is to actively manage portfolios based on digital assets while giving its investors extraordinary returns. Polychain Capital is one of the biggest cryptocurrency-based investment companies in the world. It was founded by Olaf Carson-Wee, who began his career as the head of risk and product manager at Coinbase. He has a shown track record of success in the cryptocurrency field.
Yat Siu created the Hong Kong-based game software and venture capital firm Animoca Brands in 2014. The Australian Securities Exchange listed it on 23 January 2015, and it remained there till 9 March 2020.
A San Francisco-based venture capital firm is called Gumi Cryptos. They mainly concentrate on and are experts in blockchain- and cryptocurrency-based businesses. Gumi Cryptos is committed to investing in excellent early-stage startups throughout the blockchain and crypto asset industry while providing them with exclusive access to the Japanese cryptocurrency market.
Based in San Francisco, California, Blockchain Capital is a pioneering and top venture capital business. They put a lot of effort into developing a portfolio of businesses using blockchain technology. They are persistent in establishing intelligent investment strategies and conducting extensive research to make careful bets. Since they first opened, they have invested in over 90 blockchain-related businesses and protocols, amassing an incredible $300 million in assets under management.
Digital Currency Group
The New York-based investment company Digital Currency Group focuses on digital assets. The most well-known blockchain companies they assist are Coinbase, Circle, Ledger, Ripple, and ShapeShift, ranging from start-ups to fully developed businesses. They own and operate Grayscale Investments, the largest and most reputable cryptocurrency asset management company, Coindesk, the industry-leading media platform covering all things digital currency, Genesis Trading, one of the top digital currency brokerage firms, and over 100 other businesses in over 30 different countries.