Crypto Infrastructure

21 VCs and 79 funds investing in Crypto Infrastructure

VCs investing in Crypto Infrastructure

Lucas Raymond (LTR)

Venture Associate

Kosmos Ventures

Check: No Lucas-specific check range is public. A current OpenVC search profile lists Kosmos at $100K–$1M, while Kosmos's own live material confirms Seed/Pre-Seed as its co-building focus but publishes no check size. Treat $100K–$1M as third-party firm guidance only; confirm allocation, instrument, ownership and decision-maker directly with Lucas and the team.

Lucas looks for early, non-consensus crypto opportunities through an active-user and market-structure lens. He believes decentralized markets can democratize finance and that money increasingly follows user attention into consumer applications; the strongest products earn the right to embed financial rails after establishing loyalty or differentiated utility. His research also emphasizes liquidity regimes, onchain evidence, derivatives market structure, security and Kosmos's broader ability to bootstrap durable network effects through product/token design, governance, community and quantified mechanism design.

Pre-seedSeedEarly Stage

Ryan Connor

Research Partner

91%

RockawayX

Check: No Ryan-specific venture check range is public. For RockawayX's Catapult program, the firm says it writes first checks into RWA-yield founders and can add anchor TVL, liquidity, DeFi integrations and mentorship; founders should ask directly about round-specific sizing.

Ryan looks for crypto investments where differentiated, alpha-generative research reveals something the consensus has missed and where tokens or equities can be underwritten with traction and fundamentals. At RockawayX he invests around yield onchain, DeFi and RWA infrastructure while retaining a contrarian interest in experimental consumer finance and entertainment-finance products that can become sticky, high-margin categories.

Pre-seedSeedEarly Stage

John Buttrick

Venture Partner

90%

Union Square Ventures (USV)

Check: USV's published firm range is $1 million to $30 million from earliest stage through follow-ons. No personal range is attributed to John, and the firm's investment decision is a collective discussion rather than an individual vote.

John's published investments apply a lawyer-investor lens to regulated markets where analog, repetitive infrastructure blocks access. His work favors portable financial identity, user-controlled credentials, digital-first insurance and legal workflows, and trusted financial brands that broaden affordable access to capital—particularly for underbanked consumers and long-tail merchants in Latin America.

Pre-SeedSeedSeries A

Michael Rinko

Associate

89%

Colosseum

Check: Colosseum's published accelerator investment is $250K pre-seed for accepted teams; it is a program-level standard, not Michael's personal discretionary check. Current materials say hackathon winners are interviewed and considered, with accepted teams receiving capital, mentorship and network access. Earlier official content described 7% terms; founders must verify the current instrument, percentage and token/equity structure.

Michael's lens combines markets research with Colosseum's tournament-style venture funnel: use global hackathons and four-week build sprints to observe which founders ship, learn and attract users before investing. He is interested in Solana products that exploit crypto-native primitives rather than append tokens to conventional software—especially futarchy and market-protected capital formation, tokenized cash-flowing assets, sophisticated trading tools, privacy-enabled settlement and AI-enabled onchain agents. He treats tokens as useful when distribution, user alignment, liquidity and governance matter, but recognizes that early public prices can distract pre-product teams and that long-horizon capital-intensive companies fit equity better.

Pre-seedHackathon to acceleratorInitial product sprint

Banafsheh Fathieh

General Partner

88%

Lightspeed Faction

Check: No personal check-size range is published. Faction invests at Seed and Series A through both equity and tokens; the firm's reported fund size and company round totals are not Banafsheh's personal range.

Banafsheh backs early blockchain companies and token networks that create fundamental utility. Her public discussions emphasize the infrastructure or 'plumbing' of crypto, globally relevant financial systems, and matching an application to the chain whose security, performance, and ecosystem fit its use case. Her personal motivation is informed by seeing how broken banking and state-controlled money affect people outside stable financial systems.

SeedSeries AToken Networks

Mike Zajko

Co-Founder & General Partner

88%

Lattice Fund

Check: $250K–$1M from pre-seed through Series A, per Lattice's current official approach page. The firm says it invests globally, makes fast independent decisions and seeks non-consensus companies at their earliest stages.

Mike backs infrastructure, networks and applications that make money, markets and scarce resources more open. He originated Lattice's 2022 Token-Incentivized Physical Infrastructure Networks thesis and has since applied it to distributed energy, bandwidth, mobility and data. His broader lens favors open-source coordination, useful demand and real economic flows over closed networks or reflexive token speculation.

Pre-SeedSeedSeries A

Raye Hadi

Research Associate, Digital Assets

88%

ARK Invest

Check: Not applicable as a personal founder check. Raye is a digital-assets research associate supporting ARK's managed investment strategies; the cited sources do not establish personal venture check-writing authority or a standard startup ticket.

Raye analyzes how cryptoassets can disrupt legacy financial systems, with particular depth in stablecoin architecture and DeFi application economics. He evaluates networks and tokens through reserves, legal claims, peg resilience, governance, accessibility, incentives and value capture, while tracking the shift of economic activity from base layers toward applications such as exchanges, lending, cards, prediction markets and tokenized assets.

Liquid CryptoassetsPublic MarketsThematic Research

Jin Ming Neo

Sr. Investment Research Associate

86%

HashKey Capital

Check: No reliable personal check range or individual signing authority is public. Jin Ming Neo is a research associate, so founders should treat HashKey Capital's fund strategy—not a directory estimate—as the relevant context and confirm stage, allocation, lead role, ownership, token/equity structure, and decision process with the investment team.

Jin Ming Neo contributes to broad, research-led sector evaluation across Web3. HashKey's coauthored 1H 2024 analysis favors teams with defined technical advantages, credible go-to-market, or proven execution; AI and DePIN infrastructure with real demand; sustainable Bitcoin utility; institution-grade trading, staking, lending, stablecoin, and derivatives infrastructure; and products that solve ecosystem maturity, adoption, liquidity, or user-experience constraints.

SeedSeries AEarly Stage

Elijah Fox

Investment Partner

85%

Variant Fund

Check: Variant does not publish a reliable personal check range. Elijah works at the earliest stages, but founders should confirm fund vehicle, allocation, ownership, lead/co-lead appetite, token/equity structure and reserves with the partnership.

Elijah backs technically ambitious founders building new mechanisms, markets and infrastructure. His work joins crypto market design with a widening AI thesis: mature financial systems need expressive, risk-aware primitives beyond speculation, while specialized AI can beat general models when domain reasoning is idiosyncratic and output quality can be objectively verified. Across both, infrastructure should expand user agency and support real applications.

Pre-SeedSeedSeries A

David Hsu

General Partner

85%

ether.fi Ventures

Check: $500K–$1M, from a current public ether.fi Ventures fundraising statement. The live site positions Fund I at pre-seed through Series A and publishes ventures@ether.fi. Confirm allocation, instrument, ownership target and whether the fund will lead; the current site says $20M committed capital while the April 2025 launch post described $40M, so fund-size headlines should not be used to infer check capacity.

David backs technical, early-stage teams at the intersection of finance, AI and crypto that pair crypto-native properties with real adoption. His clearest current thesis is a two-layer build: first achieve web2-grade safety, recourse, fraud prevention and consumer experience; then use composability, programmable money, non-custodial ownership, transparency and global 24/7 access to deliver step-change utility. He favors strategic partnerships where ether.fi's users, liquidity, validator capacity and distribution materially improve a company's odds—not passive capital alone.

Pre-seedSeedSeries A

Yuan Han Li

Partner

83%

Blockchain Capital

Check: No verified personal check-size range is published. Blockchain Capital describes itself as a multi-stage crypto investor; Yuan's public work spans seed-stage selection through later protocol and company support, but no individual allocation authority should be inferred.

Yuan backs crypto-native founders with earned insight, behavioral resilience, learning velocity, and the ability to translate non-consensus ideas into enduring systems. His technical work spans modular infrastructure, cryptographic acceleration, token economics, and network utility; his consumer work emphasizes distribution through existing behavior and trusted platforms. His latest framework looks for crypto companies that exploit a temporary market gap, build a self-reinforcing growth loop, and graduate that advantage into durable trust, integrations, liquidity, compliance, or consumer-grade product.

Pre-SeedSeedSeries A

Mark Beylin

Principal

82%

Haun Ventures

Check: No reliable Mark-specific ticket range is public. Haun invests from seed through scale and announced $1 billion of new early- and later-stage capital in May 2026; the cited first-party pages do not state a standard check.

Mark combines smart-contract and token-incentive building experience with early-stage investing. Current evidence favors useful crypto businesses rather than hype, particularly institutional market infrastructure that resolves fragmented liquidity, execution, financing or coordination into a better workflow.

Pre-SeedSeedSeries A

Mark Beylin

Principal

82%

Haun Ventures

Check: No reliable Mark-specific ticket range is public. Haun invests from seed through scale from two fund families and announced $1 billion of new early- and later-stage capital in May 2026; the firm does not publish a standard ticket on the cited first-party pages.

Mark combines a builder's understanding of smart contracts and token incentives with early-stage investing. Current evidence points to founders building useful crypto businesses rather than chasing market hype, especially institutional-grade market infrastructure where fragmented liquidity, execution, financing or coordination can be unified into a superior workflow.

Pre-SeedSeedSeries A

Tak Lee

Venture Partner

80%

Hashed

Check: No verified personal or current Hashed check range is published on Tak's profile. Founders should confirm vehicle, stage, token/equity structure, geographic fit, lead appetite and reserves directly rather than using third-party estimates.

Tak brings a multilingual company-building and cross-border advisory lens to Hashed's crypto investment platform. His explicit remit is India and other emerging markets, making him most relevant to founders whose blockchain product solves a locally acute coordination, ownership, payments or access problem and can use regional distribution and ecosystem insight to grow beyond a single market.

Pre-SeedSeedEarly Stage

Kushagra Aryal

Associate

80%

North Island Ventures

Check: $500K–$5M for early-stage companies, according to NIV's current portfolio page. This is the firm's published range, not Kushagra's personal approval limit.

Kushagra invests within NIV's abundance-meets-scarcity framework across agentic finance, sovereign AI, new markets and frontier institutions. His mix of liquid-crypto research, venture scouting and payments product work is particularly relevant to projects that must connect token economics and market structure to a usable product, although NIV has not published an individual mandate for him.

Pre-seedSeedSeries A

Pim Swart

Associate Partner

80%

Maven 11 Capital

Check: Maven 11 does not publish a dependable personal or firm check range on its current site. Founders should confirm the applicable venture vehicle, initial ownership, token/equity structure, lead appetite and reserves directly with Pim rather than relying on directory estimates.

Pim applies bioinformatics, data-science and machine-learning training to fundamental crypto investing. His disclosed lead investments span decentralized AI compute, zero-knowledge proof systems, transaction preconfirmations, sequencing and on-chain financial infrastructure, suggesting a preference for technically rigorous protocols that remove a real systems bottleneck and can become durable coordination or computation layers.

Pre-SeedSeedEarly Stage

Fiskantes

Partner

79%

Zee Prime Capital

Check: No reliable current personal or firm check range is publicly stated by Fiskantes or Zee Prime. A 2022 interview reported a $35M Zee Prime II fund, but fund size is not a check size and should not be used as one.

Fiskantes hunts for mispriced frontier ideas before they become legible to consensus. His recurring lens combines market psychology, memes and reflexivity with technical necessity: invest in original teams, infrastructure or applications that can capture sustained attention, create a real moat or unlock a new behavior. More recently he has broadened this pattern into AI hardware, AI cybersecurity and entertainment while remaining attentive to DeFi, privacy and crypto market structure.

Pre-seedSeedEarly Stage

Jan-Dirk Lueders

Co-Founder

76%

CMT Digital

Check: $100K-$5M, with a reported $1.5M sweet spot, according to an external investor directory; confirm current sizing directly with CMT Digital.

Jan-Dirk views blockchain and distributed-ledger technology as a multi-decade shift that can make valuable information as easy to transfer as smartphones made ordinary information. His operating philosophy is deliberately agile: combine complementary people, pursue the best trading and investment opportunities available, and move on when the evidence no longer supports them.

SeedSeries AEarly Stage

Bill Lee

Venture Partner

75%

Craft Ventures

Check: No personal check-size range is public. Craft attributes angel, seed, Series A, and Series B investments to Bill, but those stage examples and company financing totals do not establish individual allocation authority.

Bill invests from repeated founder experience at the emergence of new technology and consumer behavior. His official record spans early internet communities, mobile games and virtual goods, institutional crypto custody, esports, character-driven consumer brands, and frontier companies. The consistent lens is an enabling platform or behavior shift that creates a new market, paired with founders capable of translating technical novelty into trusted infrastructure or culturally resonant products.

AngelSeedSeries A

Tal Shalom

Partner

70%

Collider Ventures

Check: $50K-$1M reported by external investor directories for Collider's early-stage strategy; founders should confirm current sizing directly with the firm.

Tal focuses on the overlap of open-source systems, smart contracts, and regulated real-world industries. His investment and legal lens asks whether decentralized technology can streamline insurance, physical infrastructure, or other complex systems while giving founders a workable structure for scaling through legal and regulatory uncertainty.

Pre-SeedSeedEarly Stage

Eylon Aviv

Partner

70%

Collider Ventures

Check: $50K-$1M reported by external investor directories for Collider's early-stage strategy; founders should confirm current sizing directly with the firm.

Eylon's stated thesis connects two visions of decentralization: crypto-native systems that protect individual sovereignty by reducing centralized authority, and Web3 systems that empower groups by democratizing ownership and access to digital resources. He applies this lens across early-stage blockchain infrastructure, financial rails, security, protocols, and community-driven products.

Pre-SeedSeedEarly Stage