Interest in the crypto markets rebounded significantly in 2021, greatly aided by the surfacing of use cases like NFTs and Metaverse technology. As investors continue to reenter the space, we see significant activity surrounding cryptocurrency exchanges—with companies like Moonpay and Gemini securing VC deals of $555 million and $400 million respectively. The 2021 crypto boom was also the site of developments like Coinbase going public and FTX raising nearly $1.5 billion in disclosed deal value.
As this industry continues to mature, we believe that crypto-focused VC will greatly impact the perceptions of other investors currently assessing the space. Though market activity has been renewed, crypto investors must now contend with the effects of hyper-capitalization among crypto startups, new regulatory pressures and mixed public sentiment. PitchBook provides crypto investors with the resources they need to navigate this rapidly developing industry, find investment opportunities and monitor deal activity for potential market signals.
Understanding investor portfolios
With access to PitchBook’s expansive deal data and navigation functionality, users can easily pinpoint other crypto investors and observe their portfolios for potential opportunities. This process begins by adjusting search parameters to show investors that have participated in a blockchain or crypto deal and then seeing the companies they are invested in. From there, a PitchBook user can visit the profiles of companies they find in an investor’s deal history and learn details like the last time they went through funding, price per share and percentage acquired by investors.
This knowledge allows PitchBook users to understand the factors that go into the platform’s pre- and post-money company valuations and trust in the accuracy of these figures. Crypto investors using PitchBook can also benefit from observing exit information to understand which investors are buying, how many are exiting and what companies may be going out of business.
| 1 | Create a list of all the investors that have done a deal in the crypto/blockchain space, which can then lead you to their profile page to see what deals that they've done before |
| 2 | Identify top seed to late-stage investors in the blockchain and crypto space and research their portfolios |
| 3 | See the last time these portfolio companies went through any form of funding |
| 4 | Use the deals tab to understand exactly how deals have been structured with details like price per share and percentage acquired, which allows us to calculate highly accurate pre- and post-money valuations for those rounds |
| 5 | Track exits to learn details like which investors are buying, how many are exiting and what companies are going out of business, to inform your strategy and help you keep making the right decisions |
Finding and evaluating better opportunities
Sourcing the best opportunities in crypto and blockchain requires extensive information on companies and an understanding of what insights this information suggests. The PitchBook Platform supports the efforts of crypto investors by providing both comprehensive data on over 3 million companies and sophisticated search features that allow them to find exactly the kinds of companies they’re looking for.
After narrowing results by industry, growth stage, revenue and other financial metrics to find a potential partner or acquisition, users can reach out to founders and other executives with the contact information PitchBook provides on their company profile. In cases where a company falls just short of being a right fit, users can set up notifications on the platform to alert them of status changes or specific milestones.
| 1 | Search for companies that fit your preferences |
| 2 | Sort your results based on the metrics that matter most to you |
| 3 | Explore a company's profile to get more information |
| 4 | Reach out to a founder or key executive directly |
How PitchBook can help you meet your crypto investing goals
PitchBook’s extensive company and investor coverage, combined with industry-leading analyst insights, provide crypto investors with the tools they need to come out ahead during this unpredictable period for blockchain and crypto. To learn more about how the PitchBook Platform can support crypto investors, be sure to download our eBook with more info on this topic.
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