Mapping out Multicoin Capital's portfolio

Multicoin Capital is a thesis-driven investment firm that invests exclusively in digital assets and blockchain companies. The crypto hedge fund was founded in 2017 by Kyle Samani and Tushar Jain based on their beliefs that open, trust-minimalized distributed ledgers will reshape many sectors of our global economy.

The firm’s investment thesis for digital assets can be broken down into three parts. Open Finance or commonly called Decentralized Finance (DeFi), has been a center point of Multicoin’s investment strategy since the inception of its fund. The firm also envisions a complete restructuring of the internet with Web3 applications that will empower users to control their own data. Lastly, global, state-free money, such as Bitcoin, will serve as a foundational layer to the crypto economy.