Jump Capital has closed its largest venture vehicle to date, a $350m fund that will significantly increase the firm’s exposure to cryptocurrency and blockchain businesses while continuing to back early-stage technology start-ups.
The Chicago-based investor confirmed in a 29 July announcement that the new Fund VII has secured $350m in capital commitments. The vehicle will maintain its existing focus on fintech, IT and data infrastructure, the future of commerce and media, and B2B SaaS, but with a materially larger allocation earmarked for digital asset and blockchain companies.
Jump Capital said the latest fund builds on nearly 10 years of venture activity that has produced more than 100 portfolio companies and close to 30 exits across its earlier vehicles.
Strategy shifts as crypto moves centre stage
Founded in 2012 alongside trading affiliate Jump Trading, Jump Capital initially set out to support software and technology firms away from the traditional coastal venture hubs, concentrating largely on Series A and Series B funding for under-served founders across the United States.
The firm now argues that market dynamics have shifted sharply. It says access to Series A and Series B finance has tightened, while investor interest in start-ups based in the US Midwest increased during the Covid-19 pandemic. At the same time, blockchain technology has emerged, in its view, as a transformative force for financial markets and for new forms of ownership and value transfer.
According to the firm, its first crypto investments were made around seven years ago. That activity later evolved into a dedicated digital asset team led by partners Saurabh Sharma and Peter Johnson. Jump Capital says its background in distributed systems, computing infrastructure, fintech and capital markets has given it confidence to commit more capital to the sector through Fund VII.
Jump Capital and Jump Trading now invest across the global crypto market, citing growing institutional participation, continued retail interest and rapid product progress as the main drivers for maintaining and expanding that strategy.
The firm says its current crypto portfolio already spans exchanges providing fiat on-ramps, lending and credit platforms, compliance tools, asset management platforms, decentralised finance projects, gaming, Web3 infrastructure and underlying blockchain networks.
Deal activity from tokenisation to storage infrastructure
Recent transactions underscore the group’s push into digital asset infrastructure. In May 2025, Jump Crypto – the digital asset division of Jump Trading – acquired a significant equity stake in Securitize for an undisclosed sum.
Securitize said at the time that the deal would broaden institutional access to tokenised real-world assets such as US Treasurys, private credit and private equity, while also enhancing collateral management solutions. Chief operating officer Michael Sonneshein described the investment as evidence of “growing institutional conviction in tokenization and its role in capital markets.”
Another move followed in June 2025, when Aptos Labs and Jump Crypto jointly launched Shelby, a decentralised hot storage network intended to deliver cloud-grade infrastructure for Web3 applications. Aptos Labs said Shelby is designed to offer decentralised, monetisable storage with sub-second data access across multiple blockchains, while Jump Crypto argued that the protocol tackles blockchains’ current inability to serve large datasets efficiently at scale.
Early participants announced for Shelby included Metaplex, Pipe Network, Story, Myco, DoubleZero and Flashback Labs, with Aptos acting as the network’s initial settlement layer.
Backing consumer-facing Web3 platforms
Jump Crypto has also remained active in consumer and user-facing blockchain projects. In September 2025, Web3 distribution protocol KGeN revealed a $13.5m strategic funding round supported by Jump Crypto, Accel and Prosus Ventures, taking KGeN’s total financing to $43.5m.
The company said the fresh capital would accelerate the roll-out of its POGE identity and reputation framework, which helps Web3 applications manage user acquisition, commerce and loyalty schemes directly on-chain. At that point, KGeN reported operations in more than 60 countries, 38.9 million verified users, annualised revenue of $48.3m and roughly 780,000 daily active users.
Following the investment, Jump Crypto chief investment officer Saurabh Sharma said KGeN’s model brought greater accountability to digital user acquisition. Accel and Prosus Ventures, meanwhile, highlighted the platform’s ability to scale measurable user engagement.
Broader venture portfolio and ongoing approach
Alongside its crypto initiatives, Jump Capital says its wider venture business has executed more than 100 investments and nearly 30 exits since inception.
The firm cited exits including Personal Capital, which was acquired by Empower, Flashpoint, bought by Audax, and Tubi, purchased by Fox. It also pointed to SPIRE, Fast Radius, M1 Finance, Degreed, TradingView, LogicGate and LinkSquares among the companies currently in its portfolio.
Jump Capital says its investment decisions continue to be guided by sector-focused research and conversations with industry operators before it backs founders whose businesses align with its core themes.
With Fund VII now closed, the firm intends to keep supporting early-stage technology companies while deploying additional capital and staff into blockchain infrastructure, decentralised finance, crypto networks, gaming and other segments of the digital asset ecosystem.
