Crypto.com Capital is the venture investment arm of Crypto.com, the Singapore-headquartered exchange and financial services company. The parent company was founded in 2016 by Kris Marszalek, Bobby Bao, Gary Or, and Rafael Melo under the original name Monaco, before rebranding to Crypto.com in 2018. The capital arm operates as a strategic vehicle to back early-stage Web3 projects, with a strong preference for teams building within or alongside the Cronos blockchain ecosystem.
The fund targets seed and Series A rounds across decentralized finance, NFT infrastructure, GameFi, and blockchain developer tooling. Its geographic base is Singapore, though investments span global teams. Total assets under management have not been publicly disclosed. The fund occupies a hybrid position between pure-financial return and ecosystem development – many portfolio companies integrate directly with Crypto.com's exchange, wallet, or Cronos network products.
Notable investments
- Cronos ecosystem grants and seed rounds – Crypto.com Capital has backed multiple projects building on Cronos, Crypto.com's EVM-compatible Layer 1 chain. Specific deal sizes are not publicly disclosed.
- DeFi and liquidity infrastructure – The fund participated in rounds for DeFi protocols targeting cross-chain liquidity and yield optimization, though full portfolio details are not routinely published.
- NFT and gaming verticals – Investments have included NFT marketplace infrastructure and GameFi studios, consistent with Crypto.com's own NFT platform strategy.
Public information about individual portfolio companies, check sizes, and co-investors is limited. Crypto.com Capital does not maintain a regularly updated public portfolio page comparable to dedicated VC firms such as a16z or Paradigm.
Team
The fund does not list a dedicated managing partner team separately from Crypto.com's executive bench. Kris Marszalek, CEO of Crypto.com, sets the strategic direction for capital deployment. Eric Anziani, who served as President and COO of Crypto.com, has overseen partnership and investment functions. Beyond these two names, the internal team structure of Crypto.com Capital is not publicly documented in detail.
Recent activity
Crypto.com has faced significant headwinds since 2022. The collapse of FTX and the broader crypto winter prompted Crypto.com to lay off roughly 20% of staff in mid-2022 and again in early 2023. These reductions likely slowed deal pace. In 2024 and into 2025, Crypto.com refocused on regulatory approvals across Europe and the Middle East, including obtaining a MiCA-aligned registration in the EU. This compliance push appears to have redirected resources toward institutional partnerships rather than early-stage venture bets.
Crypto.com Capital's deal activity at the lead investor level remains below peers of comparable exchange scale. With 14 known portfolio companies and 17 lead investments on record, the fund is active but not prolific. Its clearest competitive advantage is distribution – portfolio projects gain direct access to Crypto.com's large retail user base and the Cronos ecosystem. Whether that advantage translates into strong fund-level returns remains unclear, as exit data is not public.
