V

Variant Fund

5
Rounds
$224M
Invested

Variant Fund is a venture capital firm specializing in early-stage investments within the crypto and blockchain sectors. The fund primarily focuses on decentralized finance (DeFi), Web3 applications, and NFT platforms, targeting innovative projects that push the boundaries of technology. Known for its strategic partnerships and active involvement in the crypto ecosystem, Variant Fund has made a name for itself by supporting visionary founders and disruptive ideas.

Portfolio

ProjectCategoryRoundAmountDateInvestors
Morpho (MORPHO)Morpho (MORPHO)Lending Platform$175MJun 9, 2026ParadigmParadigmAa16z cryptoRibbit CapitalRibbit Capital+11 more
TurnkeyTurnkeyBlockchain ServiceStrategic$13MMay 14, 2026CCircle VenturesArchetypeArchetypeBain Capital CryptoBain Capital Crypto+4 more
DopplerDopplerDeFiSeed$9.0MJan 28, 2026Pantera CapitalPantera CapitalVVariant FundFigment CapitalFigment Capital+1 more
Tenbin LabsTenbin LabsDeFiSeed$7.1MJan 27, 2026GalaxyGalaxyWWintermute VenturesGGSR+11 more
PProject ElevenInfrastructureSeries A$20MJan 14, 2026Castle Island VenturesCastle Island VenturesCoinbase VenturesCoinbase VenturesLLattice Fund+4 more