# CoinFund's Web3 & Crypto Investments: 26 Startups in Its Portfolio (2026)

> The 26 Web3 & Crypto startups CoinFund has backed, by stage: $511M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/coinfund-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Pre-seed and seed

12

- [Primex Finance](https://millionrounds.com/company/primex-finance)
- [Earn Alliance](https://millionrounds.com/company/earn-alliance)
- [Sherlock](https://millionrounds.com/company/sherlock)
- [Rho Labs](https://millionrounds.com/company/rho-labs)
- [Moon Mortgage](https://millionrounds.com/company/moon-mortgage)
- [HAL](https://millionrounds.com/company/hal)
- [Tibles](https://millionrounds.com/company/tibles)
- [*GP* Graph Protocl](https://millionrounds.com/company/graph-protocl)
- [Intu](https://millionrounds.com/company/intu)
- [*CR* Crypto Rogue Games](https://millionrounds.com/company/crypto-rogue-games)
- [Crystals of Naramunz](https://millionrounds.com/company/crystals-of-naramunz)
- [Niftex](https://millionrounds.com/company/niftex)

## Stage not reported

11

- [World](https://millionrounds.com/company/world)
- [*S* Serum](https://millionrounds.com/company/serum)
- [*P* Path](https://millionrounds.com/company/path)
- [Crypto Unicorns](https://millionrounds.com/company/crypto-unicorns)
- [CoinList](https://millionrounds.com/company/coinlist)
- [SEDA](https://millionrounds.com/company/seda)
- [NuCypher](https://millionrounds.com/company/nucypher)
- [Dynasty Studios](https://millionrounds.com/company/dynasty-studios)
- [Delta Exchange](https://millionrounds.com/company/delta-exchange)
- [API3](https://millionrounds.com/company/api3)
- [XProtocol](https://millionrounds.com/company/xprotocol)

## Series A

3

- [Manta Network](https://millionrounds.com/company/manta-network)
- [OnChain Studios](https://millionrounds.com/company/onchain-studios)
- [STON.fi](https://millionrounds.com/company/ston-fi)

## Segment by segment

### Pre-seed and seed

12 startups · $36M raised

- [**Primex Finance**](https://millionrounds.com/company/primex-finance) Decentralized Prime Brokerage that connects lenders, traders and market makers. Estonia $5.7M
- [**Earn Alliance**](https://millionrounds.com/company/earn-alliance) Earn Alliance is a leading Web3 game aggregator and discoverability platform, founded in 2022 and based in Hong Kong. Hong Kong SAR China $4.8M
- [**Sherlock**](https://millionrounds.com/company/sherlock) Sherlock focuses on providing innovative, secure information technology and data services for initiatives. United States $4.0M
- [**Rho Labs**](https://millionrounds.com/company/rho-labs) Rho Labs is a financial services startup specializing in Web3 trading solutions. United Kingdom $4.0M
- [**Moon Mortgage**](https://millionrounds.com/company/moon-mortgage) Moon Mortgage is a crypto lending platform that enables investors to use their cryptocurrency as collateral for real estate investments. United States $3.5M
- [**HAL**](https://millionrounds.com/company/hal) HAL provides blockchain monitoring services intended to create centralized lighthouses. United Kingdom $3.0M
- [**Tibles**](https://millionrounds.com/company/tibles) Tibles is a New York-based web3 company founded in 2018 that specializes in interactive digital collectibles. United States $3.0M
- [*GP* **Graph Protocl**](https://millionrounds.com/company/graph-protocl) United States $2.4M

### Stage not reported

11 startups · $417M raised

- [**World**](https://millionrounds.com/company/world) World connects users through a privacy-focused network with secure digital asset management. United States $188M
- [*S* **Serum**](https://millionrounds.com/company/serum) Serum operates as a decentralized exchange (DEX) platform focusing on the financial ecosystem. United States $100M
- [*P* **Path**](https://millionrounds.com/company/path) United States $47M
- [**Crypto Unicorns**](https://millionrounds.com/company/crypto-unicorns) Crypto Unicorns is a California-based entertainment company that develops and publishes blockchain-based games. United States $26M
- [**CoinList**](https://millionrounds.com/company/coinlist) CoinList is a digital asset platform designed for early adopters interested in investing in and trading leading cryptocurrency projects. United States $19M
- [**SEDA**](https://millionrounds.com/company/seda) SEDA is an open-source infrastructure protocol designed to enhance data interoperability between off-chain and on-chain environmen Switzerland $12M
- [**NuCypher**](https://millionrounds.com/company/nucypher) NuCypher, now part of the Threshold Network, is a decentralized security and privacy protocol layer built on public blockchains, p United States $11M
- [**Dynasty Studios**](https://millionrounds.com/company/dynasty-studios) Dynasty Studios is a VC-backed game studio based in Istanbul, Turkey, with additional locations in Copenhagen, Denmark, and Dover, Denmark $5.0M

### Series A

3 startups · $58M raised

- [**Manta Network**](https://millionrounds.com/company/manta-network) Manta Network is building a secure and interoperable future with Zero-Knowledge. United States $25M
- [**OnChain Studios**](https://millionrounds.com/company/onchain-studios) OnChain Studios is a Miami-based digital studio and blockchain entertainment company founded in 2021. United States $23M
- [**STON.fi**](https://millionrounds.com/company/ston-fi) STON.fi is a decentralized automated market maker (AMM) exchange built on the TON blockchain. United Arab Emirates $9.5M

**How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names CoinFund as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Co-investors **Who invests with CoinFund** 56 co-investors](https://millionrounds.com/portfolio-maps/coinfund-co-investors)[Portfolio map **CoinFund portfolio map** 39 startups · $1.2B](https://millionrounds.com/portfolio-maps/coinfund-portfolio-map)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio)

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