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Biggest crypto VC firms: 20 ranked, $47.58B, Coinbase 1st

By NAUT Research · · 7 min read

$47.58B Crypto VC firms deployed by the 20 biggest crypto VC firms on NAUT, read 10 November 2026. Logos: Coinbase Ventures, Sequoia Capital, Paradigm, Lightspeed Venture Partners, Multicoin Capital, Hashed, Andreessen Horowitz (a16z), CoinFund, Variant, Polychain Capital, ParaFi Capital, Pantera Capital.

The biggest crypto VC firms by capital deployed, as NAUT's data shows on 10 November 2026, are led by Coinbase Ventures at $5,042,036,000 across 186 investments. NAUT tracks 3,312 investor rows, 1,038 of them with a stored capital deployed figure, and the 20 funds ranked below each sit above $1,500,000,000, for $47,581,688,000 and 1,069 investments combined.

How this list was built, ranking crypto investors by capital deployed: on 10 November 2026 NAUT's 1,038 investor rows that carry a capital deployed figure were sorted by that figure, and the top rows were read one by one against their own NAUT description to keep only venture investors. 2 rows in the top 22 came out for a reason of their own. Alameda Research ($3,488,700,124 stored) is described on its own NAUT record as a crypto trading firm known for quantitative strategies, which this list's title does not cover, so it is 1 exclusion. SoftBank ($2,041,600,000 stored) is described there as an investment and technology group led by its chairman and CEO, with no crypto venture mandate in that text, so it is the second. Capital deployed is NAUT's own stored record for each fund and the investment count is the number of funding rounds NAUT records that fund joining, the figure its NAUT page shows, both read on 10 November 2026 and not checked against an outside source. 1 field was checked outside NAUT: the stored X handle, on 19 of the 20 funds, on 10 November 2026. 18 matched the account itself, and 1 did not (see the table note on Tiger Global Management). The 20th row, Sino Global Capital, stores no handle to check.

Biggest crypto VC firms: which 20 funds deployed the most capital?

This table ranks the 20 funds by capital deployed on their NAUT record, largest first. Capital deployed is shown in billions to 3 decimals, and investments is the number of funding rounds NAUT records that fund joining, the count its NAUT page shows.

# Fund Capital deployed Investments
1 $5.042B 186
2 $4.580B 47
3 $4.110B 40
4 $3.418B 33
5 $2.997B 25
6 $2.316B 51
7 $2.138B 68
8 $2.084B 23
9 $2.037B 28
10 $2.013B 52
11 $2.008B 34
12 $1.961B 87
13 $1.719B 24
14 $1.713B 60
15 $1.661B 63
16 $1.629B 45
17 $1.567B 40
18 $1.553B 52
19 $1.531B 45
20 $1.504B 66

Table notes. The 20 per-fund counts add to 1,069, and because these funds co-invest, one round can sit on more than 1 of these rows. Fund type and X handle sit on each fund's NAUT row rather than in the table above: the type is covered below, and the handles are listed under Sources. Tiger Global Management stores the handle @Tiger_Global, and the 10 November 2026 check found that account linked to a London product company rather than the fund, so the handle is left out. Sino Global Capital stores no handle and no fund type on its row. NAUT lists Andreessen Horowitz under 2 rows in this ranking, the firm row at rank 9 and the a16z crypto row branded a16z Frontier at rank 18; their figures add to $3,589,200,000 and 80 investments, and a company backed from both rows is counted on each. Anyone listed can ask NAUT to remove their page at https://naut.so/legal/data-deletion.

How much have the biggest crypto VC firms deployed, and into how many deals?

The 3 largest rows, Coinbase Ventures, Sequoia Capital and Paradigm, hold $13,731,592,000 of capital deployed, which is 28.9% of the $47,581,688,000 across all 20 rows. Capital deployed and deal count do not move together, so the chart below ranks the same 20 crypto venture capital funds by the second number.

Investments on NAUT, the 10 busiest of the 20 funds
  1. Coinbase Ventures186
  2. Polychain Capital87
  3. Hashed68
  4. Pantera Capital66
  5. Hypersphere Ventures63
  6. ParaFi Capital60
  7. CoinFund52
  8. a16z Frontier52
  9. Multicoin Capital51
  10. Sequoia Capital47

Each bar is the number of funding rounds that fund's NAUT page records it joining, read on 10 November 2026. Coinbase Ventures is the busiest at 186 and holds the largest capital figure, while Polychain Capital records 87 investments from rank 12 on capital.

What kind of fund are the biggest crypto VC firms?

16 of the 20 rows store the fund type Venture. 1 is stored as Exchange, Coinbase Ventures, whose NAUT description calls it the venture arm of the Coinbase exchange. 2 are stored as Corporate, Tiger Global Management and Animoca Brands (Ventures), the venture arm of the Web3 games developer Animoca Brands. Sino Global Capital stores no type.

7 of the 20 rows store a country: 6 the United States (Sequoia Capital, Paradigm, Variant, Polychain Capital, SV Angel and Pantera Capital) and 1 South Korea (Hashed, based in Seoul and Silicon Valley by its own NAUT description). The other 13 rows store no country, so a region screen on this list runs on 7 rows only.

Deal count and cheque volume part ways among the largest crypto VC funds. Hashed sits 7th on capital with 68 investments, and Sino Global Capital holds rank 8 on capital with 23, the fewest in the 20.

What this tells a founder raising a round

  • The 20 funds record 1,069 investments between them, so a founder can read what each one already backs before writing a first line.
  • Fund size and deal count pull in different directions. Sequoia Capital carries $4,579,900,000 across 47 investments, while Polychain Capital carries $1,961,170,000 across 87.
  • 2 of the 20 are corporate venture arms and 1 is an exchange arm, which brings a strategic partner as well as a cheque.
  • 18 of the 20 funds have an X account that the 10 November 2026 check matched on the account itself, which is the fastest public door before a warm intro.
How a founder works this list
  1. Pick by cheque volumeThe 20 funds run from $1,504,188,000 at Pantera Capital to $5,042,036,000 at Coinbase Ventures.
  2. Read the portfolioEach fund's NAUT page lists the rounds it joined, 186 for Coinbase Ventures and 87 for Polychain Capital.
  3. Find the partnerThe same page lists the fund's people and the channels NAUT holds for each.
  4. Open with the overlapName the portfolio company closest to what you are building, then ask for the intro.

What this tells a BD lead or an investor sourcing deals

  • A fund's portfolio is a target list. The 1,069 investments behind these 20 rows are funded teams with a budget, each on its own NAUT page.
  • Co-investment patterns start here: 20 funds above $1,500,000,000 deployed is a short enough set to track every round they join.
  • 13 of the 20 rows store no country, so sort by deal count or capital first and treat geography as a second pass.
  • 1 of the 19 stored handles checked on 10 November 2026 pointed at another company, so check the handle on the account itself before any outreach.
How a BD team works this list
  1. Start with the leaders3 funds hold $13,731,592,000 of the $47,581,688,000, so their portfolios carry the most funded accounts.
  2. Pull the portfoliosOpen each fund's NAUT page for its backed companies, 1,069 investments across the 20 funds.
  3. Qualify by roundEach portfolio row shows the round type, the amount and the date it was announced.
  4. Get the contactNAUT holds verified Telegram, email and LinkedIn for people at these teams on any paid plan.

How to reach the people at these funds

Every fund above links to its NAUT page, and each page carries the fund's team, its stored channels and its portfolio. The handles under Sources are the public door: 18 of the 19 stored handles matched the live account on 10 November 2026. For a named partner or an investment team member, the fund's NAUT page is the place to look, because a person page states which channels NAUT holds on file for that person.

Related reading on NAUT: Most active crypto VCs: 44 funds ranked, the leader led none and Crypto VC check sizes: 15 investors, $1.7M to $200M rounds.

Can you pull this data through the NAUT API?

Yes. GET https://api.naut.so/v1/investors?sort=portfolio&limit=100 returns fund rows in pages of up to 100, ordered by portfolio size rather than by the capital deployed figure this table ranks on, and GET https://api.naut.so/v1/investors/coinbase-ventures returns 1 fund with its team and its portfolio, where each row carries the company, the round type, the amount in USD, the announce date and whether the fund led. Both calls take Authorization: Bearer $NAUT_KEY, cost 5 credits each, and the plans that carry those credits start at $49 a month for 3,000 (docs, pricing). Verified Telegram, email and LinkedIn for the people at these funds unlock on any paid NAUT plan, so start a 7-day trial to open them.

Biggest crypto VC firms FAQ

Which crypto VCs have deployed the most capital?

On 10 November 2026, NAUT's data shows Coinbase Ventures first at $5,042,036,000, then Sequoia Capital at $4,579,900,000, Paradigm at $4,109,656,000, Lightspeed Venture Partners at $3,418,450,000 and Tiger Global Management at $2,997,300,000. All 20 funds in this ranking sit above $1,500,000,000 deployed.

How much capital have the 20 largest crypto VC funds deployed?

$47,581,688,000 between them, across 1,069 investments, as their NAUT records show on 10 November 2026. The 3 largest rows hold $13,731,592,000 of that, or 28.9%.

How many crypto investors does NAUT track?

NAUT holds 3,312 investor rows as of 10 November 2026, and 1,038 of them store a capital deployed figure. The 20 funds in this ranking are the top rows of those 1,038 after 2 rows were set aside, 1 a crypto trading firm by its own NAUT description and 1 an investment and technology group with no crypto venture mandate in its stored text.

Where can I find these crypto VC firms and their contact channels?

Each of the 20 funds has a NAUT page with its team, its stored channels and its portfolio, and GET https://api.naut.so/v1/investors/<fund-slug> returns the same data for 5 credits. Verified Telegram, email and LinkedIn for those people unlock on any paid NAUT plan, so start a 7-day trial to reveal them.

Is a16z counted twice in this ranking?

NAUT lists Andreessen Horowitz under 2 rows that both reach the top 20, the firm row Andreessen Horowitz (a16z) at $2,036,700,000 and the a16z crypto row branded a16z Frontier at $1,552,500,000. The rows stay separate here, as NAUT holds them, and their figures add to $3,589,200,000 across 80 investments.

Sources

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