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. Jump Capital has expanded its crypto allocation 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. You might also like: Ionic Digital jumps 26% in Nasdaq debut 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. Crypto investments already span infrastructure and tokenization 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.