The topic of crypto funds has been popular in the latest Bitcoin news, especially because of their potential for profits. In today’s article, we are sharing a story about the biggest crypto funds in 2020, listing the companies with more than $250 million USD in assets under management (AUM).
In fact, data from the newly launched Dove Mountain Data – which is a live database of all funds that deploy capital into crypto – shows the top names in this realm. According to the firm, there are eight companies in the upper tier with more than $250M in crypto funds, but today we are listing the five biggest crypto funds out there.
1.a16z Crypto
If you are following our cryptonews daily, you have certainly heard of a16z Crypto, the fund by Andreessen Horowitz. Founded in 2018, it has more than $825 million in assets under management and has Anchorage, Celo, AVA Labs, CryptoKitties, MakerDAO and 21 other portfolio companies.
2.Polychain Capital
Second in our list of big crypto funds is Polychain Capital. They are located in the US, were founded in 2016 and have more than $600 million in assets under management. The companies standing behind this fund include CoinList and Coinbase, as well as dYdX, Compound and 22 others.
3.Paradigm
Located in the US and with more than $250 million in assets under management, Paradigm was created in 2018 by Tagomi, Numerai, Uniswap, Keep and 5 other companies.
4.Blockchain Capital
Fourth on our list of largest crypto funds is Blockchain Capital, which is located in the US and was founded in 2013. The portfolio companies include Securitize, Bison Trails, Kraken, Ripple as well as 45 others, making this one of the funds with largest portfolio companies.
5.Digital Currency Group
Last in the list is Digital Currency Group, which has more than $250 million in assets under management and includes portfolio companies like Chainalysis, bitFlyer, BitPay, Luno and 86 others.
Next on the list after these crypto funds are Galaxy Digital Capital Management, Hashed, and Pantera. Binance Labs is also on the list as Dove Mountain Data shows, with portfolio companies including Oasis Labs, Terra, and MobileCoin.
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