About OP Crypto
OP Crypto is a venture capital firm founded in 2021. It is primarily based out of New York City, United States. As of Dec 2023, OP Crypto has invested in 32 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of Fyde Overall, OP Crypto portfolio has seen 1 unicorn and 1 acquisition, namely Scroll and Omni. A lot of funds co-invest with OP Crypto, with names like Mechanism Capital sharing a substantial percentage of its portfolio. OP Crypto has team of 4 people including 2 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
OP Crypto's List of Top Investments
OP Crypto has a portfolio of 32 companies, one of which is a Unicorn. Their most notable investments are in nftperp and Fyde.Their portfolio spans across United States, Netherlands, Brazil and 5 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 5 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by OP Crypto:
1. Connext
Connext is a P2P micro-payment infrastructure based on Ethereum blockchain. Users have to load up their payment channel with the Connext Hub by depositing money onchain. For making payments, users can open a temporary connection to the merchant's channel, called a thread. Thread payments are offchain and after payment completion, the user or merchant can close the thread to update their channel balance. After closing the threads, the merchant can withdraw their earned money from the channel back into their wallet.
Key facts about Connext
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $23.2M
- Employee Count: 24 as on May 31, 2026
- Investors: Magnolia Ventures, Fenbushi Capital and 29 Others
- Latest Funding Round: Series A, Jun 14, 2023, $*****
- Highlight: Editors' Pick
2. Everyrealm
Developer of technology infrastructure for virtual worlds and digital economies. This entity deploys capital into crypto and community-driven projects while building tools to connect people and capital across various protocols and platforms. Operations focus on creating technical frameworks that support interactions within gamified digital environments.
Key facts about Everyrealm
- Founded Year: 2021
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $102M
- Employee Count: 27 as on Jul 31, 2026
- Investors: RAA Capital, Prosus and 49 Others
- Latest Funding Round: Series A, Feb 10, 2022, $*****
- Highlight: Editors' Pick
3. Scroll
Developer of a native zero knowledge virtual machine layer technology. This infrastructure facilitates the execution of smart contracts on a secondary network while maintaining compatibility with existing virtual machine standards. The technology utilizes cryptographic proofs to ensure the verification of transaction integrity and state transitions.
Key facts about Scroll
- Founded Year: 2013
- Location: Seychelles
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 57 as on Aug 31, 2026
- Investors: Moore Capital Management, OKX and 20 Others
- Latest Funding Round: Series B, Mar 06, 2023, $*****
- Highlight: Editors' Pick
4. Merit Circle
Developer of metaverse PC based games. The games include Star atlas and Lluvium, Hash rush, and Axie infinity. It is also developing a platform for different games in the metaverse.
Key facts about Merit Circle
- Founded Year: 2021
- Location: Amsterdam (Netherlands)
- Stage: Seed
- Total Funding till date: $4.5M
- Employee Count: 30 as on Mar 31, 2026
- Investors: Digital Currency Group, DeFiance Capital and 21 Others
- Latest Funding Round: Seed, Dec 02, 2021, $*****
5. Omni
Provider of a Web3 wallet supporting multiple blockchains and tokens. It is the super app that allows you to manage all your coins, tokens, and NFTs in one easy-to-use Web3 wallet. As a non custodial wallet, your private keys and digital assets are entirely under your control. The app features best-in-class encryption, biometric authentication, and a unique 12-word secret phrase for added security. The app is not just for storage, but it’s also your gateway to Web3. Explore dApps, DeFi protocols, and DAOs, and discover new projects from a single multichain wallet."
Key facts about Omni
- Founded Year: 2021
- Location: Panama City (United States)
- Stage: Acquired
- Total Funding till date: $11M
- Employee Count: 6 as on Jul 31, 2026
- Investors: MEXC Global, Spartan Group and 12 Others
- Latest Funding Round: Seed, Sep 07, 2022, $*****
- Highlight: Acquired
OP Crypto's Year-on-Year Investment Trends
OP Crypto has invested in 32 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. Its most recent first time investment was in Virtual Labs and most recent follow-on round was in Fyde.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 3 | 1 | 4 |
2022 | 9 | 0 | 9 |
2021 | 4 | 0 | 4 |
OP Crypto's Investments by Stage
OP Crypto has made 13 investments in Seed stage with an average round size of $6.09M and 3 investments in Series A stage with an average round size of $6.67M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 3 |
Note: We have considered here, only first round of investments
OP Crypto's Investments by Sector
OP Crypto has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Blockchain - Industry Applications and Business Services. Notably, it has invested in 29 Tech companies, 27 Blockchain companies, 18 Consumer (B2C) companies and at least 18 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 14 |
High Tech | 12 |
FinTech | 10 |
Blockchain - Industry Applications | 9 |
Business Services | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
OP Crypto's Investments by Geography
OP Crypto has made most investments in United States (10), followed by Netherlands where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 10 |
Netherlands | 2 |
Brazil | 1 |
Portugal | 1 |
Singapore | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
OP Crypto's recent investments
OP Crypto has not made any investment in 2026 so far.Here are the most recent investments by OP Crypto:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 19, 2023 | United Kingdom | Seed | 1860 | [+2] | |
Oct 25, 2023 | United States | Seed | 1260 | [+2] | |
Oct 16, 2023 | United States | Seed | 4486 | [+3] | |
Jan 18, 2023 | United States | Seed | 9656 | [+3] | |
Dec 12, 2022 | United States | Seed | 3621 | [+6] |
Unicorns in OP Crypto's Portfolio
OP Crypto has 1 unicorn in its portfolio - Scroll. The most recent unicorn in their portfolio is Scroll which became a unicorn in 2023, 3 years before OP Crypto first invested in it.Here is a list of unicorns in OP Crypto's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
55 | Developer of a native zero knowledge virtual machine layer technology | 2013 | - | Series B | razcavn |
Acquired companies in OP Crypto's Portfolio
1 company from OP Crypto's portfolio has been acquired. The most recent acquisition was Omni in Jun 2026 by TabTrader for $*****.Here are OP Crypto's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2026 | Sep 07, 2022 | Seed | 9558 |
Team profile of OP Crypto
OP Crypto has a team of 4 members including 2 Partners located in United Kingdom and United States. OP Crypto's team does not sit on the board of any company as of now.Co-investors of OP Crypto
Over the past 5 years, 152 investors have co-invested in OP Crypto's portfolio companies. This includes funds and angels.
- Invested before OP Crypto: Animoca Brands, Scalar Capital and 2 others have invested in rounds before OP Crypto. There is 1 company where Animoca Brands has invested before OP Crypto and 1 company where Scalar Capital has invested before OP Crypto.
- Top Co-investors of OP Crypto: 118 investors entered a company along with OP Crypto. These include investors like Mechanism Capital (3 companies).
- Invested after OP Crypto: A total of 30 investors have invested in OP Crypto's portfolio after their investments. Top Investors include Arrington Capital (2 companies), Hack VC (1 company) and DRAGONFLY (1 company).
Recent News related to OP Crypto
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Masa Network Secures $5.4M Seed Round for Zero-Knowledge Data NetworkNftgators•Jan 23, 2024•Masa, Blizzard, Digital Currency Group, GoldenTree and 12 others
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Fyde Treasury Secures $3.2 Million in Seed Funding Round for Crypto Treasury Management SolutionBusiness Wire India•Dec 19, 2023•Fyde, OP Crypto, Arrington Capital, Big Brain Holdings and 1 other
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Elixir raises $2.1 million in seed roundFENQ•Jan 18, 2023•Elixir Technologies, FalconX, OP Crypto, Chapter One and 1 other
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Nillion raises over $20 million to build new web3 infrastructureTechCrunch+•Dec 13, 2022•Nillion, Distributedglobal, Big Brain Holdings, Chapter One and 5 others
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Supermojo Announces Completion of Seed Round to Streamline NFT AccessBusiness Wire•Jul 14, 2022•Mojo Super Market, DRW Venture Capital, Intersection Growth Partners, Neuberger Berman and 21 others
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OP Crypto raising $100M for ‘Fund of Funds’ to back fund managersTechCrunch+•Jun 30, 2022•OP Crypto, LedgerPrime, FJ Labs
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Snackclub raises $9M for seed fundingexplode.africa•May 01, 2022•Animoca Brands, OP Crypto, Mechanism Capital, ROK Capital and 7 others
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Brazilian Gaming Platform Snackclub Raises ~USD10m RoundLAVCA•Apr 28, 2022•SNACKCLUB, Animoca Brands, Ascensive Assets, FormlessCapital and 3 others
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Amsterdam-based 3D NFT marketplace MetaMundo raises €2.39M to build the metaverseSilicon Canals•Dec 10, 2021•MetaMundo, Animoca Brands, Hypersphere Ventures, Digital Currency Group and 11 others
