Blockchain Capital
San Francisco, California, United StatesFounded 2013
Blockchain Capital is a venture capital firm that focuses on investing in companies and projects leveraging blockchain technology to revolutionize various industries. Their strategy involves providing capital and strategic guidance to early-stage blockchain-based opportunities, particularly in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain infrastructure.
52% of their portfolio is in Crypto & Web3. Deal activity decreased year-over-year (1 deals in the last 12 months vs 4 prior). Average disclosed round size is $60.4M (across 28 rounds with reported amounts).
Portfolio
33
Fund Size
$2.4B
Top Stage
Series A
Last 12 Mo
1
Team
SB
Spencer Bogart
General Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
33 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 TRM Labs | Series C | $70M | Feb 2026 |
 Bluesky | Series A | $15M | Oct 2024 |
 Yellow Card | Series C | $33M | Oct 2024 |
| FFabric Cryptography | Series A | $33M | Aug 2024 |
| AAllora Labs | Unknown | — | Jun 2024 |
 Toku | Series A | $20M | Mar 2024 |
 RISC Zero | Series A | $40M | Jul 2023 |
 Worldcoin | Series C | $115M | May 2023 |
 Tools for Humanity | Series C | $115M | May 2023 |
 Spatial Labs | Seed | $10M | Jan 2023 |
 Blocknative | Series A | $15M | Dec 2022 |
 Matter Labs | Series C | $200M | Nov 2022 |
 Stardust | Series A | $30M | Oct 2022 |
 Landed | Seed | $7M | Apr 2022 |
 Composable Finance | Series A | $32M | Mar 2022 |
 Anchorage Digital | Series D | $350M | Dec 2021 |
| AAnchorage | Series D | $350M | Dec 2021 |
| IImpact Rooms | Unknown | — | Dec 2021 |
| TRM Labs | Series B | $60M | Dec 2021 |
 Forta | Series B | $23M | Sep 2021 |
 Messari | Series A | $21M | Aug 2021 |
 Securitize | Series B | $48M | Jun 2021 |
| AAvanti Financial Group, Inc. | Seed | — | Jun 2020 |
| TRM Labs | Seed | $4.2M | Nov 2019 |
| Securitize | Series A | $14M | Sep 2019 |
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Top Co-Investors
Andreessen Horowitz7 shared
PayPal Ventures4 shared
Coinbase Ventures4 shared
Fenbushi Capital3 shared
Bain Capital Crypto3 shared
Distributed Ventures3 shared
Goldman Sachs3 shared
Alameda Research3 shared
Kraken3 shared
Thoma Bravo3 shared
Y Combinator3 shared
Digital Currency Group2 shared
Global Brain2 shared
Citi Ventures2 shared
DRW Venture Capital2 shared
Jump Capital2 shared
Bessemer Venture Partners2 shared
Initialized Capital2 shared
MBA fund2 shared
True Ventures2 shared
Last updated: 12 April 2026