Best VCs for Layer 1

14 venture capitalists actively investing in Layer 1.

14
Active VCs
12
Funds
20
Deals
$1.5B
Total Invested
#1Su Zhu

Co-Founder (Defunct)

Three Arrows Capital (3AC)

Leveraged crypto trading and directional bets. 3AC collapsed in June 2022 after over-leveraging.

4 deals

Token
#2Nick White

Co-Founder & CEO

1confirmation

Concentrated, conviction-driven crypto investing. Backs projects building fundamental infrastructure for decentralized systems with a long time horizon.

1 deals

SeedSeries A
#3Matt Huang

Co-Founder & Managing Partner

Paradigm

Backs transformative crypto protocols and infrastructure. Crypto is the most important tech revolution since the internet.

1 deals

SeedSeries ASeries B
#4Charlie Noyes

General Partner

Paradigm

DeFi infrastructure, MEV, protocol economics. Intersection of market microstructure and blockchain design.

1 deals

#5Curtis Spencer

Managing Partner & Co-Founder

Electric Capital

Co-founder of Electric Capital. Uses data-driven analysis to identify the most promising crypto ecosystems by tracking developer activity and code commits.

SeedSeries ASeries B
#6Celia Wan

Principal

Dragonfly

Investing in crypto infrastructure and DeFi at Dragonfly. Focused on the intersection of technology and narrative in crypto markets.

SeedSeries A
#7Joe Eagan

Partner

Polychain Capital

Investing in blockchain infrastructure and tokens at Polychain Capital, one of the most prominent crypto-native funds.

SeedSeries ASeries B
#8Chris Burniske

Partner

Placeholder VC

Crypto valuation frameworks and portfolio theory. Co-creator of Placeholder's crypto thesis.

#9Daren Matsuoka

Partner

a16z Crypto

Data-driven crypto research. On-chain metrics, developer activity, ecosystem health. State of Crypto reports.

#10Do Kwon

Founder of Terra (Convicted)

Formerly the creator of Terra/Luna, focused on algorithmic stablecoins and DeFi infrastructure. Currently facing legal proceedings related to Terra's collapse.

Token
#11Paul Veradittakit

Managing Partner

Pantera Capital

Broadly focused crypto VC. One of the most prolific investors in the space.

SeedSeries ASeries B
#12Vishal Kankani

Partner

Multicoin Capital

Infrastructure, bridges, interoperability. Cross-chain communication and multi-chain future.

#13Luke Pearson

Partner

Polychain Capital

Zero-knowledge cryptography, privacy protocols, ZK-rollups.

#14Tom Shaughnessy

Co-Founder & Managing Partner

Delphi Ventures

DeFi research, crypto analytics, and investment analysis. Co-founded Delphi Digital.