Multicoin Capital

Multicoin Capital is a venture capital firm based in Austin, Texas, that pursues long-term, thesis-driven investments in cryptocurrency and blockchain tokens. It aims to reshape entire sectors of the global economy by funding projects that advance decentralized systems and permissionless finance, supporting the transition from centralized institutions to a more open internet-enabled economy.

Spencer Applebaum

Principal

Jody Goehring

Investor

Tushar Jain

Managing Partner

Mable Jiang

Partner

Vishal Kankani

Principal

Young Ling

Analyst

Kyle Samani

Managing Partner

Shayon Sengupta

Associate

Brian Smith

Partner

Aleksija Vujicic

Associate

Past deals in Bitcoin

Arch

Series A in 2025
Arch is a Blockchain Infrastructure Premier Bitcoin-Native Application Platform

Arch

Seed Round in 2024
Arch is a Blockchain Infrastructure Premier Bitcoin-Native Application Platform

Mezo

Series A in 2024
Mezo is a bitcoin economic layer network that provides fast and cheap bitcoin transactions to hold tokens while earning yield.

FTX US Derivatives

Series A in 2022
FTX US is a bitcoin options exchange designed to assist both individual traders and institutions in trading. FTX US allows users to trade a variety of digital assets like Bitcoin, Ethereum, Solana, and Dogecoin. The company was founded by Sam Bankman-Fried and Gary Wang in 2020 and is based in San Francisco, California.

World

Venture Round in 2021
World is a technology company specializing in secure digital asset management. It operates the World App, which enables users to securely store their World ID, manage digital assets, and access various Mini Apps within a privacy-focused network.

MathWallet

Series A in 2020
MathWallet is a multi-platform cryptocurrency wallet that supports over 50 public blockchains, allowing users to store Bitcoin and major altcoins, including Ethereum, EOS, and Tron. The wallet is designed to facilitate various functions such as trading, payments, and accessing cryptocurrency news while enabling the secure storage and management of multi-chain tokens and decentralized applications (dApps). MathWallet offers a cross-chain token exchange feature and operates nodes for proof-of-stake chains. It is available across multiple formats, including mobile applications, browser extensions, web interfaces, and hardware solutions, providing users with convenient access to a wide range of cryptocurrency services.
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