Crypto VC Firm Archetype Launches $100M Fund to Back Early Blockchain Startups

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Archetype has a track record of successful investments, including Privy, which was acquired by Stripe, and US Bitcoin Corp, which completed a merger with Hut 8

By Francisco Rodrigues, AI Boost|Edited by Aoyon Ashraf

Sep 23, 2025, 2:58 p.m.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)
  • New York-based venture capital firm Archetype has raised $100 million for its third fund to back early-stage blockchain startups.
  • Archetype has a track record of successful investments, including Privy, which was acquired by Stripe, and US Bitcoin Corp, which completed a merger with Hut 8, and currently manages around $350 million in assets.
  • The firm’s decision to raise a smaller fund was a strategic choice, allowing it to maintain a focused approach and bring on only one new limited partner, it said.

New York-based venture capital firm Archetype has raised $100 million for its third fund aimed at backing early-stage blockchain startups, the firm said.

The fund, called Archetype III, is supported by a mix of existing and new institutional investors, including pensions, academic endowments, sovereign wealth funds, and funds of funds.

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Archetype has a track record of early bets that paid off. Privy, a crypto wallet startup in its portfolio, was acquired by Stripe earlier this year.

Another investment, US Bitcoin Corp, completed a merger with Hut 8, a move that brought the company into a joint venture tied to Eric Trump’s American Bitcoin project.

The firm currently manages around $350 million in assets, including sizable stakes in Solana and Ethereum, according to the document.

While specific investments from the new fund haven’t been disclosed, Archetype said several deals have already been made. The firm plans to focus on founders building real-world use cases that could bring crypto to broader consumer markets.

CoinDesk has reached out to Archetype for comment but hasn’t heard back by press time.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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