What Blockchain Capital is
Blockchain Capital (originally Crypto Currency Partners) is a San Francisco venture capital firm founded in 2013 by brothers Bart Stephens and Brad Stephens, with Brock Pierce among the original co-founders. It is one of the world's longest-lived crypto funds: it manages roughly 2 billion dollars and has backed more than 100 companies in the sector, investing in both equity and tokens and across multiple stages of growth. Its historical portfolio includes Coinbase, Kraken, Ripple and Circle. In 2017, with Fund III, it launched the first SEC-compliant security token offering (the BCAP token); in 2023 it raised 580 million dollars to invest in blockchain infrastructure, gaming and DeFi. According to Bloomberg, in April 2026 it was seeking a further 700 million dollars for two new funds: its seventh, dedicated to early-stage startups, and its second growth fund; as of October 2026 the close of the fundraising has not been announced. The firm remains active today (Verified: October 2026).
Regulation and licences
It is neither an exchange nor a crypto service provider for the public: it is a US venture capital fund manager, so the MiCA-CASP regime does not apply. It does not offer services to the retail public.
Security
Not applicable in the classic sense: Blockchain Capital does not hold retail users' funds. There is no record of significant incidents or public proceedings against the firm. (Verified: September 2026)
Alternatives
FAQ
Is Blockchain Capital still active? Yes: it has been operating since 2013 and manages roughly 2 billion dollars. Its latest known completed fundraising dates from 2023, worth 580 million dollars; according to Bloomberg, in April 2026 the firm was seeking a further 700 million for two new funds, and as of October 2026 the close has not been announced (Verified: October 2026).
What does Blockchain Capital invest in? In blockchain companies and protocols at every stage of growth, in both equity and tokens: from the major exchanges (Coinbase, Kraken) to infrastructure, gaming and DeFi.
What role did Brock Pierce play? He was among the co-founders in 2013, but left the firm years ago: today he has no operational role at Blockchain Capital.
Verified sources
- https://www.blockchaincapital.com/
- https://www.coindesk.com/business/2026/04/23/blockchain-capital-is-seeking-usd700-million-
- https://en.wikipedia.org/wiki/Blockchain_Capital
- https://www.blockchaincapital.com/team/bart-stephens
- https://www.blockchaincapital.com/team/brad-stephens
- https://www.crunchbase.com/person/bart-stephens
