Jump Capital Doubles Down on Crypto with $350M Fund
Jump Capital has closed its seventh venture fund with $350 million in total capital commitments. The new fund is the firm's largest to date and will focus on early-stage crypto investments, including blockchain infrastructure, DeFi, Web3, fintech, and enterprise software startups.
The firm has expanded its crypto portfolio through investments in Securitize, Shelby, and KGeN over the past year. Since its launch, Jump Capital has completed more than 100 investments and nearly 30 exits.
According to a July 29 announcement, the new vehicle will continue investing in fintech, IT and data infrastructure, future of commerce and media, and B2B SaaS, while allocating more resources to blockchain and digital asset companies.