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OP Crypto

28 Liberty Street, New York, 10005, United States

Overview

First-check VC focusing on early-stage web3 startups.

Founded

2021

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Brazil
Saint Kitts and Nevis
Singapore
Switzerland
...

Sector focus

Blockchain
Cryptocurrency
FinTech
Venture Capital
...

Investment portfolio

8rounds
NAMEDATESIZE
Masa
Jan 2024Participated
$5 MSeed
Fyde Treasury
Dec 2023Led
$3 MSeed
Surf Protocol
Oct 2023Participated
$3 MOther Equity
MyShell
Oct 2023Participated
$6 MSeed
Nillion
Dec 2022Participated
$20 MOther Equity
Snackclub
Apr 2022Participated
$9 MSeed
Matrix One
Dec 2021Participated
$3 MSeed
Stardust
Sep 2021Participated
$5 MOther Equity
Masa
Jan 2024Participated
$5 MSeed
Fyde Treasury
Dec 2023Led
$3 MSeed
Surf Protocol
Oct 2023Participated
$3 MOther Equity
MyShell
Oct 2023Participated
$6 MSeed
Nillion
Dec 2022Participated
$20 MOther Equity
Snackclub
Apr 2022Participated
$9 MSeed
Matrix One
Dec 2021Participated
$3 MSeed
Stardust
Sep 2021Participated
$5 MOther Equity
8
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

OP Crypto: 8 funding rounds are recorded in the selected participation categories.All available history.
OP Crypto: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed14
Other Equity03

Monthly Deal Activity

OP Crypto: 8 deals are recorded across 62 months.All available history.
OP Crypto: 8 deals are recorded across 62 months. All available history
MonthDeals
Sep '211
Oct '210
Nov '210
Dec '211
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '232
Nov '230
Dec '231
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

OP Crypto: Crypto & Blockchain is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

OP Crypto: Crypto & Blockchain is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Crypto & Blockchain4
Gaming & eSports3
Hardware & Robotics2
Fintech2
AI & Machine Learning2
AR/VR2
Enterprise Software1
Cybersecurity & Privacy1
E-Commerce & Retail1
Data, Analytics & IT1
Space & Frontier Tech1
Developer Tools1

Deal Size Distribution

OP Crypto: 8 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

OP Crypto: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M4
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

OP Crypto: United States has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

OP Crypto: United States has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
United States3
Europe2
Saint Kitts and Nevis1
Brazil1
Singapore1
OP Crypto: 20 co-investors are shown, with Animoca Brands sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

OP Crypto: 20 co-investors are shown, with Animoca Brands sharing 2 recorded deals. All available history
Co-investorShared deals
Animoca Brands2
Ascensive Assets2
Big Brain Holdings2
Digital Currency Group2
Distributed Global2
HashKey Capital2
Red Beard Ventures2
ABCDE Capital1
Anagram1
Arrington Capital1
AU21 Capital1
Blizzard Fund1
Blockchain Capital1
C2 Ventures1
Chapter One1
Cryptomeria Capital1
D1 Ventures1
Folius Ventures1
Formless Capital1
Framework Ventures1

Investment Strategy

OP Crypto: Led accounts for 13% and participating for 88% of round participation.All available history.
OP Crypto: Led accounts for 13% and participating for 88% of round participation. All available history
CategoryDeals (count)Share (%)
Led113%
Participating788%
OP Crypto: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
OP Crypto: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Lucas He

Partner, Head of Research