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Archetype Closes $100 Million Third Fund for Early Crypto Startups

The New York firm is leaning on a tight roster of institutional backers to push consumer-facing blockchain products.

Overview

  • Archetype III will focus on seed-stage blockchain companies building real-world use cases for broader consumer adoption, with several new investments already made but undisclosed.
  • Limited partners span pensions, endowments, sovereign wealth funds, and funds of funds, including Accolade Partners and TrueBridge Capital, plus Sapphire Ventures.
  • The firm reports roughly $350 million in assets under management and liquid positions of more than $10 million in Solana and $40 million in Ethereum.
  • Recent portfolio outcomes include Privy’s acquisition by Stripe and US Bitcoin Corp’s reverse merger with Hut 8, which is linked to Eric Trump’s American Bitcoin venture.
  • Investment priorities include on-chain social networks, stablecoins, payments infrastructure, modular protocol stacks, crypto AI, DePIN, and mobile apps, with operations rooted in SoHo as a growing crypto hub.