Jump Capital doubles down on crypto with new $350M fund

Jump Capital has closed a $350 million venture fund with a stronger focus on crypto investments.

Summary

• Jump Capital has closed a $350 million venture fund with a stronger focus on early stage crypto investments.
• The firm said the new fund will back blockchain infrastructure, DeFi, Web3, fintech, and enterprise software startups.
• Jump Capital has expanded its crypto portfolio through investments in Securitize, Shelby, and KGeN over the past year.
• The venture firm has completed more than 100 investments and nearly 30 exits since its launch.

According to a July 29 announcement, Jump Capital has closed its seventh venture fund with $350 million in total capital commitments, describing it as the firm's largest fund to date and outlining plans to increase investments across the crypto ecosystem while continuing to back early-stage technology startups.

The firm's official announcement said the new vehicle will continue investing in fintech, IT and data infrastructure, future of commerce and media, and B2B SaaS, while allocating more resources to blockchain and digital asset companies.

The fund follows nearly a decade of venture investing that has resulted in more than 100 portfolio companies and close to 30 exits.

Founded in 2012 alongside Jump Trading, Jump Capital said it originally focused on software and technology companies outside traditional coastal venture markets while supplying Series A and Series B funding to underserved founders across the United States.

The firm said market conditions have changed considerably since then. Access to Series A and Series B capital has become more limited, while investor attention toward startups in the Midwest increased during the pandemic.

At the same time, blockchain emerged as what Jump Capital described as a technology capable of changing financial markets and introducing new models of ownership and value transfer.

According to the announcement, the venture firm began investing in crypto roughly seven years ago before building a dedicated investment team led by partners Saurabh Sharma and Peter Johnson. It said experience across distributed systems, computing infrastructure, fintech, and capital markets encouraged it to commit more resources to the sector through its latest fund.

The announcement added that Jump Capital and its affiliate Jump Trading now invest globally across the crypto market, citing increasing institutional participation, continued retail adoption, and rapid product development as factors supporting that strategy.

According to Jump Capital, its crypto portfolio already includes investments across exchanges that support fiat on-ramps, lending and credit platforms, compliance software, asset management platforms, decentralized finance, gaming, Web3 infrastructure, and blockchain networks.

In May 2025, Jump Crypto, the digital asset division of Jump Trading, acquired a significant equity stake in Securitize for an undisclosed amount. At the time, Securitize said the partnership would expand institutional access to tokenized real-world assets, including U.S. Treasurys, private credit, and private equity, while improving collateral management solutions. Securitize Chief Operating Officer Michael Sonneshein said the investment demonstrated growing institutional conviction in tokenization and its role in capital markets.

The company made another infrastructure-focused move in June 2025, when Aptos Labs and Jump Crypto introduced Shelby, a decentralized hot storage network designed to provide cloud-grade infrastructure for Web3 applications. Aptos Labs said Shelby would deliver decentralized, monetizable storage with sub-second data access across multiple blockchains, while Jump Crypto said the protocol addresses blockchains' inability to efficiently serve large datasets at scale.

Earlier collaborators announced for Shelby included Metaplex, Pipe Network, Story, Myco, DoubleZero, and Flashback Labs, with Aptos serving as the network's initial settlement layer.

Jump Crypto has also continued backing consumer-facing blockchain applications.

In September 2025, Web3 distribution protocol KGeN announced a $13.5 million strategic funding round backed by Jump Crypto, Accel, and Prosus Ventures, increasing the company's total funding to $43.5 million.

KGeN said the proceeds would support expansion of its POGE identity and reputation framework, which helps Web3 applications manage user acquisition, commerce, and loyalty programs on-chain. At the time, the company reported operations across more than 60 countries, serving 38.9 million verified users, generating $48.3 million in annualized revenue, and recording roughly 780,000 daily active users.

Following that investment, Jump Crypto Chief Investment Officer Saurabh Sharma said KGeN's distribution model introduced more accountability into digital user acquisition, while Accel and Prosus Ventures credited the platform's ability to scale measurable engagement.

Alongside its crypto activity, Jump Capital said its venture business has completed more than 100 investments and nearly 30 exits since launch.

The firm pointed to exits involving Personal Capital, acquired by Empower, Flashpoint, acquired by Audax, and Tubi, acquired by Fox, while also highlighting companies including SPIRE, Fast Radius, M1 Finance, Degreed, TradingView, LogicGate, and LinkSquares among its portfolio.

According to Jump Capital, its investment process continues to rely on sector-specific research and discussions with industry participants before identifying founders whose businesses align with the firm's investment themes.

With Fund VII now closed, the venture firm said it plans to continue supporting early-stage technology companies while dedicating additional capital and personnel to blockchain infrastructure, decentralized finance, crypto networks, gaming, and other parts of the digital asset ecosystem.

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