$350 Million Venture Fund Puts Jump Capital All-In on Crypto

Jump Capital has closed its largest venture fund to date at $350 million, signaling a strategic shift towards early-stage crypto and blockchain investments. The Chicago-based firm is positioning itself as one of the more aggressive institutional players in digital asset infrastructure.

The new fund's mandate covers the full stack of the emerging digital economy, including blockchain infrastructure, decentralized finance, Web3 applications, fintech, and enterprise software. Partners Saurabh Sharma and Peter Johnson lead the dedicated crypto investment team, drawing on backgrounds in distributed systems, computing infrastructure, fintech, and capital markets.

Jump Capital's existing crypto portfolio spans a wide range, including exchanges with fiat on-ramps, lending and credit platforms, compliance software, asset management tools, DeFi protocols, gaming, and blockchain networks. The new fund deepens that exposure rather than diversifying away from it.