Sublime

The firm has won by taking a contrarian approach. When Multicoin started, the investing landscape was dominated by funds focused on Bitcoin and Ethereum. Founders Kyle Samani and Tushar Jain saw opportunity elsewhere, making contrarian bets on Helium, The Graph, and Solana.

Securing the world’s assets: $1 – 10T

Or in other words, a blockchain."

Digital gold: $30 – $70T

New economic activity facilitated by blockchains: $1-10T

"To understand the magnitude of the opportunity, let’s add it all up:

A crypto investor active at the time summarized Multicoin’s appeal well: “They were pretty much as smart as everyone else, but their portfolio looked totally different.”

Replacement for offshore bank accounts: $1 – 10T