NFTs

24 VCs and 98 funds investing in NFTs

VCs investing in NFTs

Chris Dixon

General Partner, a16z crypto (Founder & Lead)

Andreessen Horowitz (a16z)

Check: $1M-$100M+ (from $2B+ crypto funds — 5th fund raising in 2026)

The crypto conviction investor. Founded and leads a16z's crypto practice, which has deployed billions across five funds. Author of 'Read Write Own' (2024), arguing that blockchain enables a new era of internet ownership — the 'own' in 'read, write, own.' Just as the read-only web (Web 1.0) gave way to the read-write web (Web 2.0/social media), the next era is one where users can own their digital assets, identities, and communities through blockchain. Believes crypto goes through 'price-innovation cycles' — price increases attract attention and talent, which drives innovation, which creates real utility, which eventually drives the next price cycle. Has maintained conviction through multiple crypto winters, arguing that the technology's utility compounds regardless of price. Before crypto, Chris was one of the most influential thinkers in tech investing — his blog (cdixon.org) was arguably the most important startup blog of the 2010s, producing frameworks like 'the next big thing will start out looking like a toy' and 'come for the tool, stay for the network.' Believes crypto is entering its 'financial era' — where blockchain-based financial applications (stablecoins, DeFi, tokenized assets) prove real-world utility at scale.

SeedSeries ASeries B

Chris Dixon

Founder, Managing Partner

95%

a16z crypto

Check: No personal check-size range is published. The official profile's aggregate fund-raising figure and public financing announcements describe firm resources and transactions, not Chris's individual authority or a reliable minimum/maximum check.

Chris invests behind blockchains as a new computing and ownership primitive for the internet. His core thesis is that token-enabled networks can align builders, users, and owners; bootstrap network effects; replace extractive corporate platforms with open, composable economies; and eventually support both financial and non-financial applications. He treats the category as a decades-long infrastructure-to-applications transition rather than a short market cycle.

SeedEarly StageGrowth

Sterling Campbell

Former Investor, Blockchain Capital (off current roster)

93%

Blockchain Capital

Check: No reliable personal check range or current Blockchain Capital authority is public. Third-party ranges are stale and were excluded. Historical work included consumer-crypto diligence and portfolio support; founders must contact a currently listed Blockchain Capital investor for live check size and sponsorship.

In his Blockchain Capital work, Sterling focused on the intersection of consumers and crypto. He saw gaming as a mass-onboarding path because persistent games, interoperable assets and player-owned economies can align users with the worlds they help create. For consumer brands, he looked for authentic cultural connection and utility across physical and digital experiences rather than an NFT bolted onto a legacy product. His later DeFi work favored high-performance, composable exchanges close to their native ecosystems, with real volume, adaptable teams and product expansion beyond a single wedge.

Historical seed and venture investingConsumer-crypto diligencePortfolio support

Brett Shear

GENERAL PARTNER

90%

1confirmation

Check: No personal check-size or allocation authority is published. 1confirmation describes itself as an early-stage venture fund; firm assets or round sizes should not be treated as Brett's personal range.

Brett focuses on crypto-native consumer products that bridge onchain ownership with mainstream culture. His published work looks for applications built around existing behaviors—playing games for money, collecting cards, following sports and culture, creating and trading media—where tokens, open markets, or verifiable ownership materially improve the product rather than merely decorate it.

Pre-SeedSeedEarly Stage

Fred Ehrsam

Co-Founder & Managing Partner

90%

Paradigm

Protocol-level investments and new financial primitives. Open-source money, programmable economics, governance, mechanism design.

SeedSeries ASeries B

Dan Patterson

Managing Partner

85%

Sfermion

Check: Sfermion does not publish a first-party check-size range or Dan's individual authority. Public deal records show participation in seed and Series A rounds, but round totals and third-party estimates are not treated as his personal check size.

Dan co-leads Sfermion's investment strategy around the experiential internet: founders, companies, and digital assets that merge physical and digital life through web3, AI, AR, and VR. The firm's durable behavioral lens is creation, connection, and competition, with a portfolio orientation toward digital media, entertainment, games, creator infrastructure, and the systems that let communities own and exchange digital value.

Pre-SeedSeedSeries A

Robbie Ferguson

Co-founder & President

85%

Immutable Ventures

Built Immutable as the leading web3 gaming platform. Immutable Ventures invests in blockchain gaming and NFT infrastructure from Australia.

SeedSeries A

Gabby Dizon

Angel Investor & Founder

85%

YGG is the largest blockchain gaming guild, pioneering the play-to-earn economy. YGG Ventures invests in gaming, metaverse, and the creator economy in web3.

SeedSeries A

Scott Kominers

85%

Ethereal Ventures

Academic turned crypto investor, bringing rigorous economic thinking to token design and mechanism design. Ethereal Ventures invests in crypto projects with strong economic foundations.

SeedSeries A

Jason Choi

Angel Investor & Tangent Co-founder

80%

Check: Tangent describes itself as a principal investment firm making concentrated liquid and early-stage bets, but does not publish a dependable check range. Confirm whether Jason is investing personally or through Tangent, plus allocation, stage, structure and portfolio concentration.

Jason seeks inflection points in crypto and adjacent frontier technology through Tangent's three concise themes: zero-to-one use cases, coordination networks and markets for everything. His public investing writing adds a disciplined counterweight to conviction—truth-seeking, dissent, repeated small process wins and risk sizing matter more than the ego and survivorship bias of a single heroic trade.

Pre-seedSeedSeries A

Frank Hourigan

Partner, Head of Operations

79%

1confirmation

Check: Not publicly disclosed. Public databases show 1confirmation joining early-stage crypto rounds, but round size should not be mistaken for the firm's check size.

Frank's public role centers on the operational side of 1confirmation, an early-stage fund supporting founders who decentralize the web and society. His background in regulated finance, asset management, and crypto-fund operations is most relevant to fund structure, risk, execution, and helping a small specialist team operate across venture and digital assets; no separate personal investment thesis is publicly documented.

Pre-SeedSeedSeries A

Ray Chan

Angel Investor & Memeland Co-founder

78%

Check: No personal angel range is published. Ray now chairs listed MemeStrategy (HKEX: 2440), while also leading 9GAG and Memeland; distinguish personal investments from Memeland venture-studio activity and public-company balance-sheet or strategic investments, each with different governance and disclosure requirements.

Ray invests and builds where internet culture, community and emerging technology reinforce one another. His current thesis is that regulated, transparent public-market infrastructure can bridge Web2 and Web3, while authentic cultural IP and organic communities become more valuable as AI makes generic content abundant. The strongest opportunities turn shared identity into durable products and real-world utility, not only speculative attention.

Pre-seedSeedSeries A

Yat Siu

Angel Investor & Founder

76%

Gaming, metaverse, and NFTs. Pioneer of blockchain gaming.

Pre-seedSeedSeries A

Kinjal Shah

Partner

74%

Blockchain Capital

Investment in early-stage blockchain companies and tokens.

Mike Tomaino

Partner

74%

1confirmation

Check: Not publicly disclosed. Public databases show 1confirmation joining early-stage crypto rounds, but round size should not be mistaken for the firm's check size.

Mike is a Partner at 1confirmation, whose published mandate is to support exceptional early-stage founders fueling decentralization of the web and society. In the absence of attributable personal commentary, this profile intentionally uses only that firm-level thesis and does not infer a personal sector specialty, portfolio, or decision framework.

Pre-SeedSeedSeries A

David Pakman

Managing Partner

72%

CoinFund

Investing in web3 and crypto at CoinFund. Focuses on consumer-facing applications and platforms that bring web3 to mainstream users.

SeedSeries ASeries B

Evan Auyang

Group President

67%

Animoca Brands

Building the open metaverse through strategic investments at Animoca Brands. Focuses on digital property rights and gaming infrastructure.

SeedSeries ASeries B

James Ho

Managing Partner, Animoca Ventures

65%

Animoca Brands

Strategic investments in gaming and metaverse at Animoca Brands. Focuses on scaling blockchain gaming ecosystems and building interoperable virtual economies.

SeedSeries ASeries B