Share this article
Blockchain Capital Raises $150 Million, Looks Beyond Financial Services
The raise, Blockchain Capital's fourth, includes $25 million worth of cryptocurrency and brings its total assets under management to $250 million.
By Leigh Cuen
Updated Sep 13, 2021, 7:43 a.m. Published Mar 22, 2018, 6:00 p.m.
Blockchain Capital has raised $150 million in its fourth fundraising round, raising the total value of assets under the venture capital firm's management to $250 million.
San Francisco-based Blockchain Capital’s portfolio already includes fintech companies such as Coinbase, Ripple, Circle, and Kraken. It has long been one of the blockchain industry’s leading firms, investing in 72 companies, tokens and protocols since it was founded in 2013.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
This recent round is Blockchain Capital’s largest to date. It came in two parts: $125 million for the Blockchain Capital IV LP fund and $25 million worth of cryptocurrency for Blockchain Capital Parallel Fund IV. It did not disclose what kind of tokens the latter fund accepted, just that it only takes crypto.
Co-founder and managing partner Bart Stephens told CoinDesk the firm is especially interested in non-fungible tokens, like the virtual pet game CryptoKitties, as well as diverse blockchain solutions. He said:
"You're going to see us continue to invest globally in the leading crypto companies, but also kind of the next generation of entrepreneurs and sectors outside of financial services. We've made investments in healthcare companies, in logistics companies, in identity management. To date we've seen a lot of focus on financial services and we really see that broadening."
Bitcoin developer Jimmy Song gave the firm an additional reputation boost when he joined as the newest venture partner in January. Song told CoinDesk in the following weeks he also plans to launch a fellowship program or residency to fund volunteer bitcoin coders. Stephens confirmed there will soon be announcements regarding opportunities at the firm's initiative Platypus Labs.
"We really focus on the engineering team," Stephens said, describing what the firm looks for in prospective projects. "It’s a lot of the developers that are the rock stars in this community...It’s not just about finding the best investments, but also about moving the industry forward."
Money image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Doha Bank Issues $150M Digital Bond Using Euroclear’s DLT Platform
The deal achieved T+0 settlement on a permissioned distributed ledger rather than a public blockchain, reflecting a growing regional shift toward regulated digital bond infrastructure.
What to know:
- Doha Bank completed a $150 million digital bond using Euroclear’s distributed ledger infrastructure, highlighting a preference for regulated DLT systems over public blockchains for institutional tokenized debt.
- The bond was listed on the London Stock Exchange’s International Securities Market, achieving same-day settlement through a permissioned DLT platform.
- The transaction is part of a regional effort to modernize capital markets infrastructure by integrating DLT into existing systems rather than creating new crypto-native systems.
Top Stories
