Multicoin Capital key facts
- Multicoin Capital is a other based in Austin, Texas with 51 tracked portfolio companies.
- Notable positions include Kalshi, PsiQuantum, Fuse Energy.
- PrivateMarketView records 2 deal participations by Multicoin Capital.
- Multicoin Capital’s most recent recorded investment was in Jun 2025 and 1 over two years.
- The team roster lists 10 people.
- Multicoin Capital reports $2.7B in regulatory assets under management across 10 private funds, per its SEC Form ADV (2026-03).
About Multicoin Capital
Multicoin Capital is a direct investment firm based in Austin, Texas. Established in 2017, it is a venture capital firm that seeks to invest in invests in cryptocurrencies, tokens, and blockchain companies. It manages a hedge fund and several venture funds, investing across both public and private markets. The assets of the firm are managed by the executive management team. This firm is a Registered Investment Adviser (RIA).
Investment focus
Its SEC Form ADV lists $2.7 billion in regulatory assets under management across 10 private funds (Mar 2026).
Investment activity
Multicoin Capital portfolio at a glance
51 portfolio companies are on record for Multicoin Capital, including Kalshi, PsiQuantum and Fuse Energy.
27 of the 51 carry a recorded valuation and 2 have recorded secondary-market trades, the names a secondary buyer or seller can price.
Multicoin Capital team
10 people are on record at Multicoin Capital: 7 partners, 1 managing partner, 1 principal and 1 other. Senior names include Tushar Jain (Managing Partner), Brian Smith (Partner) and Gregory Xethalis (General Counsel). 10 of them have a verified direct contact on file.
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Multicoin Capital at the SEC
Form ADV · 2026-03 · CRD 297302- Regulatory AUM
- $2.7B
- Private fund assets
- $2.7B
- Private funds
- 10 · 5 venture, 4 private equity, 1 hedge
- Staff
- 22
- Registered office
- AUSTIN, TX
- SEC status
- Approved
Reports custody of client assets.
Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as MULTICOIN CAPITAL MANAGEMENT, LLC).
- ·The top 10 names in the book — of 51 recorded positions
- ·Watchlist + alerts for Multicoin Capital's activity
Portfolio
51 companies · priced for members| Company | Industry | Valuation | First invested | Role |
|---|---|---|---|---|
| Kalshi | Other Financial Services | ▮ | ▮ | ▮ |
| PsiQuantum | Computers, Parts and Peripherals | ▮ | ▮ | ▮ |
| Fuse Energy | — | ▮ | ▮ | ▮ |
+ 48 more companies · all 51, priced and dated or a free account shows the top 10 names — no card Membership and data by Private Market View | ||||
Multicoin Capital recent deals
2 recordedMembership and data by Private Market View
Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.
Frequently asked about Multicoin Capital
- What companies does Multicoin Capital invest in?
- Multicoin Capital has 51 recorded portfolio companies, including Kalshi, PsiQuantum, Fuse Energy.
- What is Multicoin Capital's AUM?
- Multicoin Capital manages approximately $6K in assets.
- Is Multicoin Capital actively investing?
- Multicoin Capital's most recent recorded investment was in Jun 2025.