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CoinFund portfolio: 41 companies across 50 rounds on NAUT

By NAUT Research · · 9 min read

41 CoinFund portfolio companies on NAUT across 50 rounds, February 2018 to October 2026. Logos: TON, Monad, Flying Tulip, LayerZero, Jeeves, Fuel Network, Gensyn, Gunzilla Games, Ether.Fi, World, Hyperlane, Ondo Finance.

NAUT tracks 41 companies in the CoinFund portfolio, across 50 funding rounds dated between February 2018 and October 2026. The 49 rounds with an amount on NAUT's record average $42.8M, 32 of the 41 companies carry a token flag on NAUT's record, and DeFi is the largest sector tag with 14 companies.

Data note. Counted on 14 November 2026 from NAUT's own database: every non-archived company row tied to a round where NAUT records CoinFund as a backer. NAUT's record holds 52 such rounds; 2 belong to a company NAUT files as an investor rather than a project, so they are left out, which leaves 50 rounds at 41 companies. The $42.8M average is NAUT's coverage, worked out from those 49 priced rounds; the fund's NAUT page stores an older average of $41.1M, which this page does not use. Amounts are the size of the whole round, since a single fund's cheque is rarely disclosed. 8 of the 50 rounds were put to outside reports for this page and the other 42 were not, so read every unchecked row as NAUT's record. Like any crypto VC portfolio list, this one ages from the day it is counted. Written by NAUT Research.

What is in the CoinFund portfolio on NAUT?

The 41 companies spread across 20 sector tags. A company can carry several tags, so the firms column adds up to more than 41. Priced counts the rounds with an amount on NAUT's record, and each average covers those priced rounds.

Tag Firms Priced Average
DeFi 14 14 $61.2M
Infrastructure 11 15 $50.0M
AI 9 15 $43.4M
L1/2/3 8 9 $126.4M
DePIN 4 5 $8.7M
Gaming 3 4 $20.8M
DEX 3 3 $17.9M
Privacy 2 2 $205.4M
RWA 2 2 $14.5M
SocialFi 2 2 $10.5M
Tools 2 3 $6.0M
9 more tags 1 each 8 Not shown

The 9 single-company tags are tokenized stocks, neobank, payment, media, centralized exchange, compliance, stablecoins, intelligence and mining. The compliance company, Shyft Network, has no amount on its round. Every one of the 41 companies carries at least 1 tag.

The 2 $400M entries pull the L1/2/3 and privacy averages up: TON in L1/2/3 and DeFi, and Secret Network in L1/2/3, privacy, AI and infrastructure. The outside check below found that neither is a venture round in the usual sense, so read those 2 averages with that in mind. DePIN, at $8.7M across 5 priced rounds, is the smallest average of the larger tags.

CoinFund portfolio companies, ranked by amount on NAUT's record

The table ranks all 41 companies by the sum of their priced rounds on NAUT's record. Each name links to its NAUT page, which lists the team, the rounds and the other funds on the cap table. The date column is the latest CoinFund round on NAUT's record, so a company page may show later rounds the fund did not join. Recall Network's sum may double count 1 round: see the note under the repeat backers below.

Company Amount Latest round
$400.0M Mar 2025
$400.0M Feb 2022
$225.0M Apr 2024
$200.0M No date
$135.0M Mar 2022
$110.0M Sep 2026
$81.5M Sep 2022
$72.0M Feb 2022
$60.3M Mar 2022
$49.5M No date
$46.0M Aug 2022
$34.0M Nov 2021
$28.0M Jul 2021
$27.0M Feb 2024
$26.0M Mar 2022
$25.0M Oct 2021
$19.0M Oct 2021
$18.5M Sep 2022
$17.5M No date
$16.0M Jun 2021
$11.3M Jun 2021
$11.2M Dec 2022
$10.7M Oct 2019
$10.3M May 2021
$9.0M Jul 2021
$8.5M No date
$7.0M Aug 2020
$5.2M Jun 2024
MochaTrade $4.9M Oct 2026
$4.0M Aug 2021
$3.9M Mar 2022
$3.0M Nov 2020
$3.0M Jun 2020
$3.0M Mar 2020
$3.0M No date
$2.3M Feb 2018
$2.2M Jun 2020
$2.0M Apr 2024
$2.0M Apr 2020
$0.9M Feb 2021
None stored Mar 2021

MochaTrade, a trading platform for Indian traders, has no public NAUT page yet, so it is counted in every total here and left unlinked. Its $4.87M seed of 26 October 2026 is 1 of the 2 rounds where NAUT records CoinFund as lead, and its only stored source is an aggregator, so it was not among the rounds checked.

7 of the 41 companies hold more than 1 CoinFund round on NAUT's record: Allora Network with 4, and Fuel Network, Recall Network, Gensyn, Livepeer, Rarible and Rainmaker Games with 2 each. 2 of Allora's 4 rows carry the same $7.5M Series A amount and 1 of them has no date, so treat its 4 rows as the record to check before you quote them. Recall's 2 rows overlap the same way: an undated "Cumulative Private Round" of $42M likely already includes its $30M Series A from February 2022, so its $72.0M in the table, the chart and the averages may count that $30M twice. Its NAUT page shows the $30.0M Series A and at least $42M raised in total.

How big are CoinFund investments?

The 49 priced rounds on NAUT's record run from $0.89M to $400M. They average $42.8M with a midpoint of $10.3M, so the typical round is far smaller than the average suggests. Leave out the 2 $400M entries and the other 47 average $27.6M.

Amount on NAUT's record per company, the 10 largest
  1. TON$400.0M
  2. Secret Network$400.0M
  3. Monad$225.0M
  4. Flying Tulip$200.0M
  5. LayerZero$135.0M
  6. Jeeves$110.0M
  7. Fuel Network$81.5M
  8. Recall Network$72.0M
  9. Allora Network$60.3M
  10. Gensyn$49.5M

The 2 tallest bars are the 2 entries the outside check disputes, and Shyft Network's strategic round stays out of the chart because it carries no amount.

By year, 2021 is the busiest on NAUT's record with 15 of the 41 dated rounds, followed by 2022 with 10 and 2020 with 6. NAUT holds no CoinFund round dated 2023, 4 in 2024, 1 in 2025 and 2 in 2026. 9 rounds carry no announcement date on NAUT, which is why the window above rests on the 41 dated ones.

What the outside check found

The 8 largest priced rounds were put to company posts and named press reports. 5 name CoinFund in the round as NAUT records it. The other 3 hold a dispute worth knowing before you quote them.

Company Reports say Fund role
$225M, matches Investor
$200M, dated 29 Sep 2025 Investor
$110M, matches Lead
$80M, matches Participant
$46M, matches Investor
Existing Toncoin bought Buyer
$225M fund and $175M pool Investor
$135M at $1B valuation Aggregator only

Monad's own post opens with "Today, we are thrilled to announce our $225M fundraise" and the Jeeves report reads "Jeeves lands $110M led by CoinFund". The TON Foundation said its $400M came from VC firms buying existing Toncoin and said it was no fundraising round. NAUT keeps all 8 rows on the record and the tables above show them; the 42 rounds outside this check were not read against a report.

What the CoinFund portfolio tells a BD team

  • 2 of the 50 rounds carry NAUT's lead flag, and both are recent: Jeeves in September 2026 and MochaTrade in October 2026. Reports confirm the Jeeves amount and lead, so it is the clearest recent example of the fund writing the lead cheque.
  • DeFi and infrastructure are the deepest lists. 14 companies carry the DeFi tag and 11 the infrastructure tag, so a vendor selling to protocols should start there.
  • 32 of the 41 carry a token flag on NAUT's record. A token often means treasury and listing work, so check each page before you pitch. The other 9 include Jeeves, a stablecoin-native banking company; Gunzilla Games sits in that 9 too, yet its own description says it is building the GUNZ blockchain, so confirm on its page.
  • 7 companies took more than 1 round. Their founders have worked with the fund more than once, so start there for a view of its partners.
How a BD team can work the CoinFund portfolio
  1. Pick your sectorDeFi holds 14 of the 41 companies and infrastructure 11, so start where your product sells.
  2. Sort by recency7 dated rounds since 2024, from Ether.Fi in February 2024 to MochaTrade in October 2026, point to teams still spending.
  3. Check the token32 of the 41 carry a token flag on NAUT's record; confirm it on each company page before you pitch.
  4. Find the personOpen each company's NAUT page for its team and the channels NAUT has verified.

What the CoinFund portfolio tells a founder raising

  • The midpoint round is $10.3M. Half of the priced rounds on NAUT's record are that size or smaller, so the fund has joined plenty of seed and Series A rounds.
  • The recent rounds span stages. Since 2024 NAUT records a $2M strategic round for GEODNET, a $27M Series A for Ether.Fi, $225M for Monad and a $110M Series C for Jeeves.
  • AI is a live theme. 9 companies carry the AI tag, including Gensyn, Allora Network, Perle Labs and gizatechxyz.
How a founder can use the CoinFund portfolio
  1. Find a near neighbourPick the company in your sector tag with the closest round size, using the company table above and each company's NAUT page.
  2. Ask its founderThat company's NAUT page lists its team, who can tell you how the fund works.
  3. Size the askThe midpoint priced round on NAUT's record is $10.3M, against a $42.8M average.
  4. Reach the fundOpen CoinFund on NAUT for its people and their verified channels.

Related reading on NAUT: Coinbase Ventures portfolio: 152 companies tracked on NAUT 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/coinfund with the header Authorization: Bearer $NAUT_KEY returns the fund with its team and its portfolio, each row carrying the company, roundType, amountUsd, announceDate and isLead, and GET https://api.naut.so/v1/projects/jeeves returns 1 company with its team. Each data call costs 5 credits, and the Essential plan at $49 a month carries 3,000 credits, per the API docs and pricing. Verified Telegram, email and LinkedIn for the people behind these companies unlock on any paid NAUT plan, so start a 7-day trial.

CoinFund portfolio FAQ

How many companies are in the CoinFund portfolio?

NAUT tracks 41 companies backed by CoinFund as of 14 November 2026, across 50 rounds dated from February 2018 to October 2026. That is NAUT's coverage of the fund, so the full portfolio may hold companies NAUT has not recorded.

Which companies has CoinFund backed?

The largest amounts on NAUT's record sit with TON, Secret Network, Monad, Flying Tulip and LayerZero, and the most recent rounds are Jeeves in September 2026 and MochaTrade in October 2026. By sector tag the 41 lean on DeFi (14 companies), infrastructure (11), AI (9) and L1/2/3 (8).

How big is the average CoinFund round?

Across the 49 rounds with an amount on NAUT's record between February 2018 and October 2026, the average round is $42.8M and the midpoint $10.3M. Those are whole-round sizes, and leaving out the 2 disputed $400M entries for TON and Secret Network brings the average to $27.6M.

Does CoinFund lead rounds?

NAUT records CoinFund as lead on 2 of its 50 rounds: Jeeves's $110M Series C in September 2026, whose amount and lead reports confirm, and MochaTrade's $4.87M seed in October 2026. The lead flag is NAUT's record only, so the fund may have led rounds NAUT does not mark.

Where can I find CoinFund portfolio founders and their contact channels?

Each of the 40 linked companies in this article has a NAUT page listing its team, and GET https://api.naut.so/v1/investors/coinfund returns the fund's 50-round portfolio in 1 call. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.

Sources

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