Do crypto market making firms have venture capital arms?

It is quite common in the crypto industry for market making firms to have venture capital arms. Jump Crypto and Wintermute, two heavyweights in the crypto market-making sector, both began as trading firms.

Who are the Giants of crypto venture capital?

The giants of crypto venture capital are mostly a well-known group of firms that've been around for years, companies like A16Z, Paradigm, Pantera Capital and Digital Currency Group (CoinDesk's parent).

How do venture capitalists invest in crypto projects?

Investments in crypto projects typically follow a venture capital model. Projects tap venture firms for capital via funding rounds (i. e. pre-seed, seed, Series A, etc.) and, in turn, the investors receive a portion of the project’s equity.

Did DWF labs offer to invest in a crypto project?

CoinDesk viewed a series of messages between DWF Labs and a crypto project that showed a member of the DWF Labs team offering to invest in the project and provide free market-making services.