Cointime

Download App
iOS & Android

With Alameda Going Down, We Take A Look at Who Are The Other VCs That Co-invested With Alameda

Validated Media

With Alameda going down, we take a look at who are the other VCs that co-invested with Alameda.

With the bankruptcy of FTX, the future of Alameda looks dark and gloomy, and eventually, it might end just like FTX. With Alameda, many other cryptos VCs may go down because they have co-invested with it. Let’s look at some of them one by one.

1 Coinbase Ventures

2 Jump Ventures

3 Multicoin Capital

4 Sparta Ventures

5 Polychain

6 Pantera Capitals

7 Final thoughts

Coinbase Ventures

Coinbase is one of the most advanced crypto platforms whose founders aim to create and promote more economic freedom for the world. The founders back all those who want to do the same. It has invested broadly in many crypto platforms one of which is Alameda. It has a broader portfolio which is consist of Alchemy, Magic Eden, Arbitrum, Uniswap, Graph protocol, Arweave, Dune Analytics, Starkware, OpenSea, Zora, CoinTracker, and Etherscan.

Jump Ventures

It was founded by Dimitri Van Hees and Jasper Van Elferen and it aims to collaborate and strategically invest in different businesses. It has collaborated with dozens of other businesses among which the top are, are trader, APER10, ANOVA DATA, AUTOPAY, BALTO, booker, BUZZER, BenchPrep, and many more.

Multicoin Capital

According to the official website of Multicoin Capital, they are “thesis-driven investors that make long-term, high-conviction investments in category-defining crypto companies and protocols across public and private markets.” It has invested in different businesses ranging from infrastructure, enterprise, mobile, privacy, and identity. Its portfolio is comprised of many companies including CabinDAO, Catalog, Coin98, Braintrust, Coral, CybeConnect, Delphia, Drift Protocol, Dune Analytics, Eden Networks, and dozen more.

Sparta Ventures

Sparta Ventures is another company that has co-invested with Alameda. It has invested in different businesses which aim to invest with the best entrepreneurs in the Web3 market. It has more than $500 million in assets under its management. Additionally, it is a $1 billion deal-making transaction value and more than $100 million are invested in Spartan Labs. The Spartan lab has expertise in dealing with crypto, Defi, NFTs, and other specific sub-sectors.

Polychain

Polychain is one of the biggest and largest firms in the crypto market to invest in which aims to give exceptional returns to those that have invested in it. More than 88 companies have trusted and invested in it. These companies include Acala, Agoric, Aleo, Alpha5, Anoma Network, Ava Labs, Axelar Network, Bit Tensor, Blink, Capsule Social, and many more such companies.

Pantera Capitals

Pantera Capitals was launched in 2013 and since then it has invested in hundreds of digital assets and blockchain companies. The Pantera Capitals aims to provide investors with the full spectrum of exposure to the space. It has a larger portfolio which includes Ox, 1inch, ABRA, alchemy, AMBER, Ampleforth, Anchor, ANCIENT8, Ankr, antic, API3, and many more such digital and blockchain companies.(By Haseeb Shaheen

Comments

All Comments

Recommended for you

  • Russia to impose cryptocurrency restrictions, exempting miners and central bank projects

    Russia will implement cryptocurrency restrictions, exempting miners and central bank projects. Starting from September 1st, Russia will impose strict restrictions on the circulation of cryptocurrencies such as Bitcoin, only allowing the issuance of digital financial assets within its jurisdiction. Anatoly Aksakov, Chairman of the Financial Market Committee of the State Duma, led this initiative. This is part of a wider government effort to control the cryptocurrency ecosystem in the face of escalating geopolitical tensions. Aksakov stated that the upcoming legislation aims to restrict non-Russian cryptocurrency transactions to strengthen the dominance of the ruble. Meanwhile, recent reports indicate that Russian entities have used cryptocurrencies, particularly Tether's USDT, to purchase key components for military technology.

  • Ethereum stablecoin transaction volume exceeds $1 trillion so far in April, setting a new record

    On April 29th, The Block data shows that as of April 28th, the trading volume of stablecoins on the Ethereum blockchain reached a record high of $1.08 trillion in April, with DAI trading volume ranking first at $578.07 billion, followed by USDC at $268.15 billion in second place, and USDT at $198.62 billion in third place.

  • Shenyu: Up to one billion users' cloud input methods may have leaked input content. Please take immediate measures to reduce the risk.

    On April 29th, Cobo co-founder and CEO Shen Yu wrote on X platform that the cloud input method used by up to one billion users may have leaked input content. If you have entered mnemonic words or other sensitive information through any of the following cloud input methods, please take immediate measures to reduce the risk.

  • EU member states prepare to enforce landmark crypto law, MiCA

    The European Union is set to enforce MiCA, a crypto law that mandates national regulators to license and supervise service providers. While the regulation is EU-wide, countries can implement slightly different technical standards that crypto firms must adhere to. MiCA's specialized rules for stablecoin issuers will take effect in a few months, followed by licensing and other requirements for crypto firms broadly in December. Each jurisdiction must transpose the EU regulation into local law, select which of their regulators will oversee crypto, and prepare to authorize token issuers and other service providers. Regulators are facing challenges in implementing the new legislation, particularly in terms of licensing requirements, and each country's crypto industry has its own concerns about implementation and proposed laws.

  • The total open interest of BTC contracts on the entire network dropped to $29.83 billion

    According to Coinglass data, the total open position of BTC futures contracts on the entire network is 478,180 BTC, equivalent to 29.83 billion US dollars.

  • An independent Bitcoin miner obtained the entire 3.125 BTC block reward by verifying block 841,286

    On April 29th, independent mining pool ckpool's software engineer and administrator Con Kolivas posted on social media that a miner had mined the 282nd independent block in Bitcoin history. The miner's computing power at the time was about 120PH, which is equivalent to about 0.12 EH, with an average of about 12 PH per week, accounting for about 0.02% of the total network hash rate.

  • South Korea to formally establish an investigation unit focused on digital asset crimes

    The South Korean Ministry of Justice and the Ministry of Interior and Safety will begin discussions in early May to elevate the Joint Investigation Team for Virtual Asset Crimes to an official department. The purpose of this promotion is to solidify the department's position, as it currently operates as a temporary organization under the Seoul Southern District Prosecutor's Office and may be dissolved. The change is expected to improve efficiency through the appointment of new prosecutors and budget allocation, according to Sae-ki. The department is composed of about 30 experts from seven financial and tax regulatory agencies and was established in July 2023 as South Korea's first investigative agency focused on digital asset crimes.

  • Hong Kong virtual asset spot ETF debuts today

    Today, six virtual asset spot ETFs were launched online in Hong Kong. The six virtual asset spot ETFs issued this time are from Huaxia (Hong Kong), Boshi International, and Jiashi International. The three institutions have certain differences in product fees, trading, issuance, and virtual asset platforms.

  • The total open interest of Bitcoin contracts on the entire network reached US$30.62 billion

    According to Coinglass data, the total open position of Bitcoin futures contracts on the entire network is 480,870 BTC (approximately $30.62 billion).

  • Over $734 million worth of PYTH is staked

    According to Dune data, there are currently 1,253,845,543 PYTH coins in a pledged state, with a total pledge value of $734,478,896. The number of PYTH pledgers has reached 159,165.