Work Here?
Polychain Capital
Work Here?
Hedge fund managing blockchain asset portfolios
Polychain Capital
Work Here?
Hedge fund managing blockchain asset portfolios
About Polychain Capital
Industries
Crypto & Web3
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
$5.1B
Headquarters
San Francisco, California
Founded
2016
Overview
Polychain Capital focuses on managing a hedge fund that invests in blockchain-based digital assets, such as cryptocurrencies. These digital assets are created and transferred using software that relies on cryptographic verification and mathematical principles to ensure their scarcity and security. Unlike many other investment firms, Polychain Capital actively manages its portfolio to seek exceptional returns for its investors, making strategic decisions based on the evolving landscape of blockchain technology. The company's goal is to provide significant financial returns by leveraging the unique properties of digital assets in a rapidly growing market.
Simplify's Take
What believers are saying
- Polychain Capital's investment in DogeOS strengthens the Dogecoin ecosystem and its applications.
- Funding for Fluent Labs supports scalable blockchain solutions, tapping into a growing market.
- Polychain's involvement in high-yield stablecoins like lvlUSD offers attractive DeFi opportunities.
What critics are saying
- Increased competition from firms like Andreessen Horowitz could dilute Polychain's market influence.
- Cryptocurrency market volatility poses risks to Polychain Capital's investment portfolio stability.
- Regulatory scrutiny on crypto investments could impact Polychain Capital's operations globally.
What makes Polychain Capital unique
- Polychain Capital focuses on actively managed portfolios of blockchain-based digital assets.
- The firm leads funding rounds for innovative blockchain projects like DogeOS and Warlock Labs.
- Polychain Capital invests in cross-VM app development platforms, enhancing blockchain interoperability.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$5076.4M
Above
Industry Average
Funded Over
0 Rounds
Benefits
Remote Work Options
Performance Bonus
Company News
DogeOS, the App Layer for the Dogecoin ecosystem, today announced the successful closing of a $6.9 million funding round led by Polychain Capital.
DogeOS, an application development layer for the Dogecoin ecosystem, has raised $6.9M in a funding round led by Polychain Capital. This funding will help expand DogeOS, enabling developers to create a variety of consumer apps, from gaming to AI, and strengthen the Dogecoin ecosystem. Jordan Jefferson, CEO of MyDoge, highlighted DogeOS's role in bridging Dogecoin's community with on-chain innovation, unlocking new use cases and creativity for DOGE.
In its Series B funding round on August 31, 2021, Arbitrum secured $120 million from prominent investors such as Lightspeed Venture Partners, Pantera Capital, and Polychain Capital.
Warlock Labs has raised $8M in venture funding to innovate on-chain order flow processing. The company aims to use on-chain data and zero-knowledge guarantees to ensure order flow is handled responsibly, addressing concerns over manipulation in the crypto market. Warlock Labs plans to expand from on-chain activity to centralized exchanges (CEXes) and sees Wintermute as its main competitor. The funding round was led by Polychain Capital with several other investors participating.
Stablecoin protocol Level raised $2.6 million in a new funding round led by Dragonfly Capital, with participation from Polychain and others, bringing total funding to $6 million. Level aims to grow its $80 million yield-paying stablecoin, lvlUSD, which offers an 8.3% annualized yield. The funding will support team expansion, marketing, and new use cases for lvlUSD. The protocol targets a $200-$250 million market cap.
Polychain Capital is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Polychain Capital
Industries
Crypto & Web3
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
$5.1B
Headquarters
San Francisco, California
Founded
2016
Polychain Capital is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today