The belief that crypto is the engine for the next major wave of computing innovation is stronger than ever. This technology holds the radical potential to rebuild trust and pioneer new, community-driven governance models. These models allow for collective decision-making on network evolution, permitted behaviors, and the distribution of economic benefits. To support this vision, a new $2.2 billion fund has been launched. This capital is dedicated to investing in the foundational crypto networks and the visionary founders building the future of this space. It marks a significant new chapter for the team behind this initiative.
This substantial fund is designed to identify and back the next generation of crypto pioneers. It provides capital across all stages of development, from the earliest seed ideas to fully mature, later-stage networks. The goal is to accelerate growth in the most exciting and impactful areas of the crypto ecosystem.
Building an Unmatched Support System for Web3 Founders
From its inception, the ambition was to assemble a highly specialized, crypto-native team unlike any other in venture capital. This team is built to do more than just provide capital; it actively supports projects by helping them navigate the sector's complexities. This includes assisting with the design of sophisticated crypto protocols and tokenomic mechanisms.
The focus remains on deepening the operational support that modern crypto entrepreneurs require. This encompasses a wide range of activities integral to network health, such as staking, delegating, running validator nodes, and actively participating in governance processes.
Expanding Expertise in Data and Research
To further empower portfolio companies, the data science and research teams are being significantly expanded. These groups provide crypto-native insights and analytics, offering data-driven guidance that is critical for making informed strategic decisions in a fast-paced market.
Bridging the Gap to Mainstream Adoption
Like any transformative computing movement, crypto has faced its share of challenges and widespread misconceptions. A dedicated effort is underway to translate the complexities and benefits of crypto for a mainstream audience. This involves bringing together heavy-hitters across multiple crucial functions.
The team now includes world-class experts in fields like marketing, public relations, policy, regulatory affairs, and recruiting, alongside general startup management. To lead these expanded operations, Anthony Albanese has been promoted to Chief Operating Officer. He brings invaluable experience from his previous role at the New York Stock Exchange.
Introducing Key Additions to the Crypto Team
Several prominent leaders have joined the effort to provide unparalleled guidance and support.
- Bill Hinman, former Director of the SEC’s Division of Corporation Finance, joins as an advisory partner. He spearheaded the SEC's early work on digital assets, providing critical clarity for the industry. He will offer invaluable regulatory insights to the team and its portfolio companies.
- Alex Price, an investor, entrepreneur, and computer scientist, also joins as an advisory partner. As a co-founder and CEO of a quantitative trading firm, he has deep experience and has directly invested in foundational ventures across DeFi, NFTs, and the crypto-social ecosystem.
- Tomicah Tillemann is the new Global Head of Policy. A senior advisor to President Biden and two Secretaries of State, he brings decades of high-level international policymaking experience. He is an internationally recognized leader in applying new technology to global opportunities.
- Brent McIntosh joins as an advisory partner. He has led U.S. government efforts to encourage responsible financial innovation and shape policy for digital assets, most recently serving as Under Secretary of the Treasury for International Affairs.
- Rachael Horwitz has joined as an operating partner leading marketing and communications. A Silicon Valley veteran, she built the communications functions at Twitter, Google, and Facebook during periods of intense growth and scrutiny, and was the first VP of Communications at Coinbase.
This group is supported by a slate of other deeply talented professionals, including protocol specialists, deal analysts, and counsel, all dedicated to supporting the founders and teams building the future of Web3.
A Long-Term Commitment to the Crypto Ecosystem
Investment in crypto assets began back in 2013, and excitement for what comes next has never been higher. Recent milestones—from landmark public listings to NFTs capturing the cultural zeitgeist—prove that crypto is a permanent and transformative fixture.
Despite significant momentum, we are still in the very early innings of what is possible. The scale of this new fund reflects the immense opportunity ahead. Crypto is not just the future of finance; it is poised to transform nearly every aspect of our lives, much like the internet did decades ago.
Historical trends show that while crypto asset prices are volatile, technological innovation continues to accelerate through each market cycle. The focus remains on going all-in on the talented, visionary founders who are building the next chapter of the internet. 👉 Explore more strategies for Web3 development
Frequently Asked Questions
What is the focus of the new crypto fund?
The fund is focused on investing across the entire crypto ecosystem, from early-stage seed projects to mature, later-stage networks. It aims to support visionary founders building the next generation of Web3 infrastructure and applications.
What kind of support does the team provide beyond capital?
The team provides unparalleled operational support, including expertise in staking, governance, node operations, and mechanism design. It also offers specialized services in data science, research, regulatory guidance, marketing, and policy advocacy.
Why is now a good time to invest in crypto?
The industry has demonstrated sustained innovation and growth beyond price cycles. Major adoption milestones have been achieved, yet the technology is still in its early stages, presenting a massive long-term opportunity for transformation.
How does the team help with regulatory challenges?
With the addition of former high-level regulators and policy experts, the team offers deep insights into the regulatory landscape. They provide strategic advice to portfolio companies and actively work to shape a constructive regulatory environment for the entire industry.
What sets this investment approach apart?
The combination of a large, dedicated fund and a large, crypto-native team offering hands-on support is unique. The focus is on long-term, thesis-driven investing across all stages, backed by operational expertise that is critical for success in Web3.
Who should consider reaching out to the team?
The team is looking to connect with determined, visionary founders who are building innovative projects within the crypto and Web3 space, regardless of their current development stage.