Coinbase Ventures is a VC arm of the Coinbase Exchange, oriented on Web3 investments, applying a collaborative approach to investment, offering more than just financial support for crypto founders on their entrepreneurial journey.
Coinbase Ventures’ assistance embraces the leverage of extended operational business expertise, marketing channels, and wide networking capabilities that facilitate building strategic partnerships to help the teams perform successful fundraising and project launch.
By fostering innovation and supporting the pioneers of the crypto space, Coinbase Ventures strives to shape a future that offers greater financial possibilities and freedom for anyone. Up to date, Coinbase has made over 400 investments and 30+ exits. Currently, the fund has 350+ portfolio companies.
Coinbase Ventures Overview
Coinbase Ventures - About
Coinbase Ventures is committed to empowering bright and widely-thinking blockchain entrepreneurs who are driving the advancement of the crypto & Web3 ecosystem. Also , the fund shares the vision of creating greater financial freedom worldwide.
As a venture fund, Coinbase actively supports teams at the earliest stages of the product development and invests across diverse categories within the crypto industry. The Coinbase portfolio boasts investments in a wide array of startups, including Layer 1 networks, Web3 infrastructure projects, bridges, DeF protocols, NFT ecosystems, Metaverse technologies, and so forth.
Among the notable Coinbase Ventures’ portfolio companies, there are such projects as Alchemy, Graph, Dune Analytics, Uniswap, Arbitrum, OpenSea, Etherscan, Magic Eden, Acala, Starkware, Dapper Labs, BlockFi, Worldcoin, Consensys, Zora, and other no less prominent representatives of the crypto industry.
Here is the current balance of interests in the portfolio.
Total number of investments: 323
- Blockchain Service: 31.5%
- DeFi: 26.1%
- CeFi: 12.8%
- Blockchain Infrastructure: 10.9%
- NFT: 6%
- Social: 5.2%
- GameFi: 4.3%
- Stablecoin: 1.9%
- Other: 0.8%
- Currency: 0.5%
Coinbase Ventures - Industries
Coinbase Ventures - Portfolio Performance
Coinbase Ventures – Investment Rounds
Coinbase Ventures – Portfolio
| Score | Project | Current Price | Chg (24h) | Retail ROI | Retail ATH ROI | Industry |
|---|---|---|---|---|---|---|
82 |  Celestia | $0.473 | 0.97% | 0.473x | 20.85x | |
N/A |  FalconX | N/A | N/A | N/A | N/A | |
95 |  LayerZero | $1.98 | 2.05% | N/A | N/A | |
88 |  Starknet | $0.0592 | 14.14% | N/A | N/A | |
74 |  BitsCrunch | $0.000505 | 1.11% | 0.00918x | 9.74x |
Coinbase Ventures – Co-investors
| Fund | Score | Type | Project Support | Social Influence | Retail ROI | Co-investments | Total Investment |
|---|---|---|---|---|---|---|---|
 a16z CSX (a16z crypto) | Very High | Venture | Very High | Very High | 8.65x | 12 | 32 |
 Balaji Srinivasan | High | Angel Investors | High | Very High | 3.16x | 11 | 25 |
 Circle Ventures | Very High | Venture | Medium | Medium | 2.91x | 10 | 20 |
 Polychain Capital | Very High | Venture | Very High | High | 35.59x | 10 | 58 |
 Dragonfly Capital | Very High | Venture | Very High | Very High | 1.30x | 9 | 37 |
