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  1. Sectors
  2. /Layer 1

Layer 1

8 VCs and 11 funds investing in Layer 1

VCs investing in Layer 1

Celia Wan

Principal

95%

Dragonfly

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

SeedSeries A

Joe Eagan

Partner

95%

Polychain Capital

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

SeedSeries ASeries B

Nick White

Co-Founder & CEO

95%

1confirmation

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

SeedSeries A

Curtis Spencer

Managing Partner & Co-Founder

95%

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

Matt Huang

Co-Founder & Managing Partner

75%

Paradigm

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

SeedSeries ASeries B

Do Kwon

Founder of Terra (Convicted)

65%

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

Token

Paul Veradittakit

Managing Partner

60%

Pantera Capital

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

SeedSeries ASeries B

Su Zhu

Co-Founder (Defunct)

50%

Three Arrows Capital (3AC)

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

Token

Funds focused on Layer 1

a16z Crypto

Menlo Park

AUM: $7.6B

97 people136 investments

Maven 11 Capital

Amsterdam

19 people111 investments

Pantera Capital

Menlo Park

AUM: $5B

23 people16 investments

Polychain Capital

San Francisco

AUM: $2.5B

5 people20 investments

Binance Labs

Abu Dhabi

AUM: $7,500,000,000

2 people8 investments

Jump Crypto

Chicago

1 people8 investments

Coinbase Ventures

San Francisco

2 people7 investments

OKX Ventures

Dubai

AUM: $100,000,000

2 people3 investments

Three Arrows Capital (3AC)

Singapore (formerly)

AUM: $10B peak (collapsed)

1 people5 investments

Lemniscap

Paris, France

AUM: €100M

2 people0 investments

SNZ Holding

Shanghai

1 people0 investments

Recent Layer 1 investments

Venomvia Shima Capital
Seedactive
$5M
Shardeumvia Shima Capital
Seedactive
$5.4M
Monadvia Paradigm
Series Bactive
$225M
Avalanchevia NGC Ventures
Tokenactive
$3M
Solanavia NGC Ventures
Seedactive
$2M
Suivia Haun Ventures
Series Aactive
$36M
Aptosvia Haun Ventures
Series Aactive
$50M
Suivia Hashed
Series Aactive
$10M
Klaytnvia Hashed
Tokenactive
$10M
Berachainvia Framework Ventures
Series Bactive
$69M
Avalanchevia ParaFi Capital
active
Suivia CoinFund
Series Bactive
$50M
Aptosvia ParaFi Capital
active
Aptosvia Binance Labs
Series Aactive
$150M
Solanavia Alameda Research
Seedexited
$20M
Ethereumvia Three Arrows Capital (3AC)
Tokenexited
$500M
Avalanchevia Three Arrows Capital (3AC)
Tokenexited
$50M
Solanavia Three Arrows Capital (3AC)
Tokenexited
$100M
Luna/Terravia Three Arrows Capital (3AC)
Tokenwrite-off
$200M
Ethereumvia 1confirmation
Tokenactive
$5M