Sublime
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Most importantly, Multicoin Capital can invest in competing protocols rather than having to pick a single winner in a competitive space. This significantly lowers risk for investors. It is generally easier to spot trends than it is to pick specific winners. For example, there are many smart contract platforms today: Ethereum, NEO, Stratis, Lisk, Ae... See more
Venture Capital Economics with Public Market Liquidity

Permissionless Capital, Global Consensus and New Markets
zeeprime.capital
-Help the most forward-thinking “web 2” companies decentralize their operations, engaging at the CEO and Board of Directors level to assist in tokenomics as well as technical implementation.
Roham Gharegozlou • The Future of [X] is Decentralized
It was March 26, 2012. Brian Armstrong posted a self-described “hail mary” on the tech discussion forum Hacker News. YCombinator was interested in his startup, which Armstrong wrote “brings an emerging tech to the masses…and has a good shot at changing the world.” But he had a big problem - he didn’t want to go at it alone, and kept striking out on... See more
Olivia Moore • How Coinbase gave away BTC to get its first users
For the sake of logistical simplicity (and because different facets of a person’s identity naturally overlap and interact), it makes sense to store one’s relevant activities and contributions in a single wallet. But any given person isn’t solely a creator, builder, investor, or collector; they’re many things at once. Thus, we need some way to take ... See more
Scott Kominers • Decentralized Identity: Your Reputation Travels With You - a16z crypto
Indeed, while many outfits grapple with whether to distance themselves from certain digital assets, Republic — whose CEO, Kendrick Nguyen, started his career in securities litigation with Goodwin Procter — has focused from the start on establishing itself as a go-to brand for what Nguyen calls “compliant tokenization.”
Techcrunch • Republic may build a secondary exchange for digital securities, fueled by $150 million in new funding
Multicoin may be the highest-returning venture fund of all-time. Firms like Union Square Ventures and Lowercase Capital are legendary for funds with 14x and 76x returns, respectively. Multicoin’s first-ever venture vehicle appears to have them beat.
The Generalist (US) • Multicoin Capital: The Outsiders
Meridian
meridiancapital.fund