Introducing Metalayer Fund I

blog
Written by
Andy Kangpan, Mickey Graham, and David Winton
Published on
May 28, 2025

We are excited to announce the launch of Metalayer Fund I, a new $25M venture capital fund dedicated to investing in early-stage founders driving the global economy onchain.

We believe the crypto industry has crossed the chasm from an early market defined by infrastructure-building to a mainstream technology sector characterized by the deployment of blockchain technology throughout the global economy. The starting point of this transformation will be the financial services industry, where crypto is rapidly being adopted as a way to create 10x better products and services.

This is most evident in the payments ecosystem where stablecoin rails are being used as a faster, cheaper alternative to correspondent banks, but increasingly being seen everywhere across the industry from the trading ecosystem to private credit markets. In our inaugural fund, we will focus on making long-term, high-conviction investments in founders driving this transformation in the global financial system.

There has never been a better time to invest in the crypto industry. We stand at the convergence of massive structural tailwinds including increasingly scalable blockchain infrastructure, a dramatic rise in institutional adoption, and a friendly regulatory environment across the globe. There is no question in our minds that generational businesses are being built today in the blockchain industry. Our mission is to support the pioneering founders driving the industry into its next phase of growth.

Our partnership combines a long-term venture mindset with a quantitative investment approach, leveraging data and technology to give our process a unique advantage. Inspired by our time at Two Sigma, we believe data has the potential to radically transform financial markets. We think this is especially true in crypto markets where investors have an enormous amount of digital native data at their disposal. To that end, we are building new infrastructure to give our process an advantage across the investment lifecycle.

We are honored to have garnered support from some of the world's foremost investors and entrepreneurs, including a number of leading institutions, family offices, and fund of funds, alongside prominent founders, CEOs, and senior executives from across the financial services and crypto ecosystem. These relationships reflect the institutional excitement around building the future of blockchain technology and our commitment to fostering innovation.

If you are a founder dedicated to building the new financial rails and systems that will drive the global economy onchain in the 21st century, we would love to hear from you.