Blockchain Capital pursues $700M for early-stage and growth/token funds amid crypto VC rebound

Blockchain Capital is pursuing about $700 million in fresh capital across two new funds — including what reporting describes as its seventh early-stage venture fund and a second growth/token fund — aimed at early- and growth-stage crypto investments ^{[1] [2]}.

Reporting says some of the new capital is already in place and the firm has begun deploying funds, with a fundraising process expected to close within roughly five to six months ^{[1] [3] [4]}.

Observers framed the raise as part of a broader rebound in crypto venture financing in 2026 — characterizing the effort as a sizable 'war chest' for one of the industry’s longest-running venture firms ^{[3] [1] [2]}.

If completed, the $700 million target would supply Blockchain Capital with fresh capital to continue backing early- and growth-stage crypto startups amid a recovering funding environment ^{[1] [3]}.