Blockchain Capital

Blockchain Capital is a San Francisco-based venture capital firm founded in 2013 by brothers Bart and Brad Stephens, recognized as one of the first VC funds dedicated exclusively to blockchain and crypto companies. It manages several funds and pioneered one of the first tokenized venture funds (BCAP) in 2017. The firm invests across the crypto and blockchain stack, spanning exchanges, infrastructure, DeFi, NFTs, and Web3 applications, from seed through growth stages. Notable investments include Coinbase, Kraken, OpenSea, Circle, and Worldcoin. Blockchain Capital's investment approach combines early conviction in category-defining crypto infrastructure with active portfolio support and a deep network across the digital asset ecosystem. Its criteria favor founders building foundational, long-term crypto and blockchain infrastructure over short-term speculative token plays.