# CoinFund: portfolio, investments and team

> CoinFund is a vc firm based in United States. 85 investments on record, 6 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/coinfund (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# CoinFund

Last cheque observed Oct 2026; 85 cheques on record.

Email

Deploying now New fund $43M, Dec 2025 VC firm

Seed Series A Blockchain Defi Infrastructure

Follow CoinFund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcoinfund)

Deploying now

**38%** of best year **6** **cheques in 12 months**, 85 on record

Since the last cheque **5** days **00** hrs **00** min **00** sec

Median round **$5.8M** Rounds led **6 of 85** Sole investor **4 rounds** Mostly in **United States, 58%**

Pitch CoinFund

## CoinFund highlights

- 01 6 cheques in the last 12 months
- 02 Mostly Seed and Venture: 70% of its rounds
- 03 Sole investor in 4 rounds, median $3.8M

## What they do

> We aim to create more durable and equitable technology across finance, infra, and AI through the companies we fund and partner with. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Blockchain Defi Infrastructure
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **85 appearances**

- **2026** 5 rounds
- **Oct** **[Mochatrade](https://millionrounds.com/company/mochatrade)** Seed · IN · Google News search **$5.5M** *Led*
- **Sept** **[Jeeves](https://millionrounds.com/company/jeeves)** Series C · LatamList **$110M** *Led*
- **Jun** **[Trace Finance](https://millionrounds.com/company/trace-finance)** Series A · BR · LatamList **$32M** *Led*
- **Jun** **[EDGE Markets](https://millionrounds.com/company/edge-markets)** Series A · US · Ventureburn **$29M** *Led*
- **Jan** **[Prime Intellect](https://millionrounds.com/company/prime-intellect)** Venture · US **$50M** With 3 others
- **2025** 16 rounds
- **Dec** **[LI.FI](https://millionrounds.com/company/li-fi)** Series A · DE · Ventureburn **$29M** *Led*
- **Oct** **[Cloudburst Technologies](https://millionrounds.com/company/cloudburst-technologies)** Series A · Ventureburn **$7.0M** With 6 others
- **Oct** **[Pluralis Research](https://millionrounds.com/company/pluralis-research)** Grant · US **$1.0M** With 3 others
- **Sept** **[Flying Tulip](https://millionrounds.com/company/flying-tulip)** Seed · Ventureburn **$200M** With 9 others
- **Aug** **[Irys](https://millionrounds.com/company/irys)** Series A · US **$10M** With 4 others
- **Aug** **[Perle AI](https://millionrounds.com/company/perle-ai)** Seed · US **$9.0M** With 4 others
- **Jul** **[Dakota Ridge](https://millionrounds.com/company/dakota-ridge)** Series A · US **$13M** With 3 others
- **Jul** **[STON.fi](https://millionrounds.com/company/ston-fi)** Series A **$9.5M** With 3 others
- **Jul** **[Cold River Games](https://millionrounds.com/company/cold-river-games)** Seed · SE **$2.0M** With 2 others
- **Jun** **[Zoot](https://millionrounds.com/company/zoot)** Seed · US **$6.0M** With 1 other
- **May** **[World](https://millionrounds.com/company/world)** Venture · US **$135M** With 4 others
- **May** **[Catena Labs](https://millionrounds.com/company/catena-labs)** Seed · US **$18M** With 4 others
- **Apr** **[Gunzilla Games](https://millionrounds.com/company/gunzilla-games)** Venture · DE **Undisclosed** With 5 others
- **Mar** **[Pluralis Research](https://millionrounds.com/company/pluralis-research)** Seed · US **$7.6M** With 3 others
- **Feb** **[Rho Labs](https://millionrounds.com/company/rho-labs)** Seed · GB **$4.0M** With 1 other
- **Jan** **[Movement Labs](https://millionrounds.com/company/movement-labs)** Series B · US · TechStartups **$100M** *Led*
- **2024** 14 rounds
- **Oct** **[Drop](https://millionrounds.com/company/drop)** Seed · US **$4.0M** Sole investor
- **Oct** **[Polkadot](https://millionrounds.com/company/polkadot)** Venture · CH **Undisclosed** With 6 others
- **Jul** **[Icebreaker](https://millionrounds.com/company/icebreaker)** Seed · US **$5.0M** With 1 other
- **Jul** **[Raad Labs](https://millionrounds.com/company/raad-labs)** Seed · US **$2.3M** With 1 other
- **Jun** **[XProtocol](https://millionrounds.com/company/xprotocol)** Venture · SG **$800K** With 2 others
- **May** **[API3](https://millionrounds.com/company/api3)** Venture · KY **$4.0M** With 4 others
- **Mar** **[Dynasty Studios](https://millionrounds.com/company/dynasty-studios)** Venture · DK **$5.0M** With 2 others
- **Mar** **[Wincast](https://millionrounds.com/company/wincast)** Seed · US **$5.0M** With 2 others
- **Mar** **[Crystals of Naramunz](https://millionrounds.com/company/crystals-of-naramunz)** Seed · SE **$1.5M** With 2 others
- **Mar** **[Crypto Rogue Games](https://millionrounds.com/company/crypto-rogue-games)** Seed · SE **$1.5M** With 2 others
- **Feb** **[Fuel Labs](https://millionrounds.com/company/fuel-labs)** Venture · CA **Undisclosed** With 2 others
- **Jan** **[DIMO](https://millionrounds.com/company/dimo)** Series A · US **$12M** With 4 others
- **Jan** **[Ondo Finance](https://millionrounds.com/company/ondo-finance)** Venture · US **Undisclosed** With 5 others
- **Jan** **[Digital Infrastructure Services](https://millionrounds.com/company/digital-infrastructure-services)** Series A · US **$12M** With 3 others
- **2023** 11 rounds
- **Dec** **[Sindri](https://millionrounds.com/company/sindri)** Seed · US **$5.0M** Sole investor
- **Nov** **[Biconomy](https://millionrounds.com/company/biconomy)** Venture · SG **Undisclosed** With 5 others
- **Jul** **[Manta Network](https://millionrounds.com/company/manta-network)** Series A · US **$25M** With 5 others
- **Jun** **[Neutron](https://millionrounds.com/company/neutron)** Seed · KY **$10M** With 3 others
- **May** **[Magic](https://millionrounds.com/company/magic)** Series B · US **$52M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **13 named**

AB **Aleksandr Bulkin** MANAGING DIRECTOR i Filing they signed

AF **Alex Felix** Managing Member of CoinFund Liquid Opportunities GP LLC and Managing Director of CoinFund Management LLC. i Filing they signed

AJ **Alexander John Felix** MANAGER OF THE GENERAL PARTNER i Filing they signed

AQ **Asher Qureshi** Executive Officer of the Investment Manager and Director i Filing they signed

CR **Christopher Robert Perkins** MANAGER OF THE GENERAL PARTNER i Filing they signed

DB **David Blair Pakman** MANAGER OF THE GENERAL PARTNER i Filing they signed

JB **Jake Brukhman** Managing Member of CoinFund Liquid Opportunities GP LLC and Managing Director of CoinFund Management LLC. i Filing they signed

JD **John D'Agostino** Director i Filing they signed

OG **Oleg Golubov** Managing Member of CoinFund Liquid Opportunities GP LLC and Managing Director of CoinFund Management LLC. i Filing they signed

SM **Seth Michael Ginns** Managing Member of CoinFund Liquid Opportunities GP LLC. i Filing they signed

SK **Stacey Kirkconnell** Director i Filing they signed

SE **Stewart E Eichner** Chief Compliance Officer & General Counsel i Form ADV

YB **Yakov Brukhman** MANAGER OF THE GENERAL PARTNER i Filing they signed

We also hold **35** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$766M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Coinfund Management LLC
- **SEC number:** CRD 312302

Funds on its Form ADV

**10** private funds, **$906M** in gross assets · filed Apr 2024

Venture **8** Hedge **2**

- CoinFund Ventures I L.P. *Venture* 325 investors $293M
- CoinFund L.P. *Hedge* 18 investors $167M
- CoinFund Seed IV L.P. *Venture* 107 investors $139M
- CoinFund Liquid Opportunities L.P. *Hedge* 310 investors $130M
- CoinFund Ventures LP-QP Portfolio *Venture* 65 investors $80M
- CoinFund Ventures LP-3(C)(1) Offshore Portfolio *Venture* 20 investors $55M
- CoinFund Ventures LP-3(C)(1) Onshore Portfolio *Venture* 58 investors $32M
- CoinFund LLC *Venture* 9 investors $7.6M
- CF Metaversal Holdings, A Series of CF Growth Investments LLC *Venture* 9 investors $1.5M
- CF TRD, A Series of CF Growth Investments LLC *Venture* 13 investors $100K

## What they claim to have backed

From their own portfolio page (on their website)

**5** of 11 we have independently watched raise

[Edgemarkets](https://millionrounds.com/company/edge-markets)[Monkeytilt](https://millionrounds.com/company/monkey-tilt)[Primeintellect](https://millionrounds.com/company/prime-intellect)[Tryjeeves](https://millionrounds.com/company/jeeves)[Veda](https://millionrounds.com/company/veda) Dakota Ether Getzoot Perle Pluralis Raad

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$43M**

raised in Dec 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$5.8M** the round, not its cheque Alone, median **$3.8M**

Led 6 of 85 rounds **7%**

- **Sole investor:** 4 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *39*
- Venture *18*
- Series A said *16*
- Token sale *4*
- Series B *3*
- Pre-seed *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Coinbase Ventures](https://millionrounds.com/fund/coinbase) 12
- [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) 7
- [Slow Ventures](https://millionrounds.com/fund/slow-ventures) 6
- [Framework Ventures](https://millionrounds.com/fund/framework-ventures) 5
- [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) 5
- [Pantera Capital](https://millionrounds.com/fund/pantera-capital) 5

**Pitching CoinFund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as CoinFund. A count of rooms they were both in, not a relationship either has claimed.

[**Coinbase Ventures** Corporate VC **12** rounds together](https://millionrounds.com/fund/coinbase)[**Digital Currency Group** VC firm **7** rounds together](https://millionrounds.com/fund/digital-currency-group)[**Slow Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/slow-ventures)[**Framework Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/framework-ventures)[**Multicoin Capital** VC firm **5** rounds together](https://millionrounds.com/fund/multicoin-capital)[**Pantera Capital** VC firm **5** rounds together](https://millionrounds.com/fund/pantera-capital)[**Variant** VC firm **5** rounds together](https://millionrounds.com/fund/variant)[**Y Combinator** Accelerator **5** rounds together](https://millionrounds.com/fund/y-combinator)[**Alumni Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Animoca Brands** Accelerator **4** rounds together](https://millionrounds.com/fund/animoca-brands)[**Arrington XRP Capital** VC firm **4** rounds together](https://millionrounds.com/fund/arrington-xrp-capital)[**Blockchain Capital** VC firm **4** rounds together](https://millionrounds.com/fund/blockchain-capital)

## Recently backed

The latest companies CoinFund put money into.

[**Mochatrade** $5.5M · Oct 2026](https://millionrounds.com/company/mochatrade)[**Jeeves** $110M · Sept 2026](https://millionrounds.com/company/jeeves)[**Trace Finance** $32M · Jun 2026](https://millionrounds.com/company/trace-finance)[**EDGE Markets** $29M · Jun 2026](https://millionrounds.com/company/edge-markets)[**Prime Intellect** $50M · Jan 2026](https://millionrounds.com/company/prime-intellect)[**Pluralis Research** $1.0M · Oct 2025](https://millionrounds.com/company/pluralis-research)

## Quick answers about CoinFund

### What does CoinFund invest in?

CoinFund invests most often at Seed and Venture (70% of the rounds on record), in sectors such as Blockchain, Defi and Infrastructure.

### How active is CoinFund?

85 investments on record, 6 of them in the last 12 months, and it led 6. The most recent was in Oct 2026.

### What has CoinFund invested in recently?

Its most recent investments on record: Mochatrade (Seed, Oct 2026), Jeeves (Series C, Sept 2026) and Trace Finance (Series A, Jun 2026).

### How big are CoinFund's cheques?

The median round it joins is $5.8M.

### Does CoinFund lead rounds?

Sometimes: it led 6 of its 85 investments on record (7%).

### Where does CoinFund invest?

Most of the companies it backs are in the United States (58%), Sweden (8%) and Germany (6%).

### Is CoinFund investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

### Who does CoinFund invest alongside?

Most often Coinbase Ventures (12 rounds together), Digital Currency Group (7 rounds together) and Slow Ventures (6 rounds together).

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