Multicoin Capital
Overview
Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. The firm manages both a hedge fund and several venture funds, investing across public and private markets. It is known for pioneering token economic models and valuation methodologies, with a focus on Open Finance, Web3, and crypto infrastructure.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Fun.xyz | May 2026 | Series A | Lead |
| HYFIX Spatial Intelligence | Apr 2026 | Seed | Co-investor |
| Novig | Feb 2026 | Series B | Co-investor |
| LI.FI | Dec 2025 | Series A Extension | Lead |
| Inference | Oct 2025 | Seed | Lead |
Key People
Kyle Samani
Co-Founder and Managing Partner
Tushar J.
Managing Partner
Shayon Sengupta
Investment Partner
Spencer Applebaum
Investment Partner
Ghulam Rasool
Recruitment Advisor, Partner
John Robert Reed
Partner At Multicoin Capital
Matthew Shapiro
Partner
Brian Smith
Partner, CFO And COO
Hassan K.
Investor, Board Member, Advisor
Vishal Kankani
Principal
Wills Reardon
Capital Formation Investor Relations
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.