Investment adviser · CRD 297302

MULTICOIN CAPITAL MANAGEMENT, LLC

· Form ADV filed Mar 31, 2025

Regulatory AUM
$5.95B
Form ADV · Item 5.F
Client accounts
17
Accounts, not individual clients
Employees
22
Reported in this filing
Advisory professionals
7
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$4.45B$8.9BFY 2021: $8,895,417,383.00FY 2021FY 2022: $1,363,471,529.00FY 2022FY 2023: $3,808,285,004.00FY 2023FY 2024: $5,949,336,925.00FY 2024

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$8,895,417,38317Mar 31, 2022
2022$1,363,471,52922Mar 31, 2023
2023$3,808,285,00422Mar 29, 2024
2024$5,949,336,92522Mar 31, 2025

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles17$5,949,336,925100.0%
Filing source

Form ADV 1965518 · Mar 31, 2025 · Item 5.D

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

COINBASE INC

Custodian · funds reporting this exact name in the selected filing

These are reported-name connections within this adviser's filing, not a verified global provider identity or market-wide client count.

Private funds & service providers

9 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

MULTICOIN CAPITAL MASTER FUND, LPHedge Fund · Master$3.01BGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator NAV FUND SERVICES (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian ANCHORAGE DIGITAL BANK NA SIOUX FALLS, South Dakota, United States Related to adviser: No Other funds reporting this name →
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No Other funds reporting this name →
Custodian COINBASE SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PERSHING LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE LLP
PCAOB 34

ANCHORAGE DIGITAL BANK NA
LEI 549300JJSDEHXA1AKJ69

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

PERSHING LLC
LEI ZI8Q1A8EI8LQFJNM0D94

Fund details & source
Fund ID
805-4648757722
Reported beneficial owners
647
Minimum commitment
$100K
Form D file number
021-291485
Form D file number
021-308109

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MULTICOIN VENTURE FUND II, LPPrivate Equity Fund · Master$1.43BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator NAV FUND SERVICES (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian ANCHORAGE DIGITAL BANK NA SIOUX FALLS, South Dakota, United States Related to adviser: No Other funds reporting this name →
Custodian COINBASE SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PERSHING LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian PLAINSCAPITAL BANK AUSTIN, Texas, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE LLP
PCAOB 34

ANCHORAGE DIGITAL BANK NA
LEI 549300JJSDEHXA1AKJ69

PERSHING LLC
LEI ZI8Q1A8EI8LQFJNM0D94

PLAINSCAPITAL BANK
LEI 549300OBLIP1F3NM5751

Fund details & source
Fund ID
805-5245745085
Reported beneficial owners
198
Minimum commitment
$25K
Form D file number
021-381078

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MULTICOIN VENTURE FUND III, LPPrivate Equity Fund · Master$951MGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator NAV FUND SERVICES (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian ANCHORAGE DIGITAL BANK NA SIOUX FALLS, South Dakota, United States Related to adviser: No Other funds reporting this name →
Custodian COINBASE SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PERSHING LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian PLAINSCAPITAL BANK AUSTIN, Texas, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

ANCHORAGE DIGITAL BANK NA
LEI 549300JJSDEHXA1AKJ69

PERSHING LLC
LEI ZI8Q1A8EI8LQFJNM0D94

PLAINSCAPITAL BANK
LEI 549300OBLIP1F3NM5751

Fund details & source
Fund ID
805-9369844471
Reported beneficial owners
445
Minimum commitment
$20K
Form D file number
021-432401
Form D file number
021-432403

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MULTICOIN PRIVATE FUND V, LPPrivate Equity Fund$502MGross asset value
Fund administrator NAV FUND SERVICES (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No Other funds reporting this name →
Custodian COINBASE INC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PLAINSCAPITAL BANK AUSTIN, Texas, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE INC
LEI 549300QHD76EP6ZKTT48

PLAINSCAPITAL BANK
LEI 549300OBLIP1F3NM5751

Fund details & source
Fund ID
805-7892717700
Reported beneficial owners
9
Minimum commitment
$1.3M

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MULTICOIN PRIVATE FUND I, LPVenture Capital Fund$36.9MGross asset value
Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian COINBASE SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PLAINSCAPITAL BANK AUSTIN, Texas, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

PLAINSCAPITAL BANK
LEI 549300OBLIP1F3NM5751

Fund details & source
Fund ID
805-4298515128
Reported beneficial owners
7
Minimum commitment
$35K

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MULTICOIN OPPORTUNITIES FUND I, L.P.Private Equity Fund$20.1MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator NAV FUND SERVICES (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian COINBASE SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PERSHING LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian PLAINSCAPITAL BANK AUSTIN, Texas, United States Related to adviser: No Other funds reporting this name →
Prime broker BTIG, LLC SAN FRANCISCO, California, United States Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

PERSHING LLC
LEI ZI8Q1A8EI8LQFJNM0D94

PLAINSCAPITAL BANK
LEI 549300OBLIP1F3NM5751

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source
Fund ID
805-8031781209
Reported beneficial owners
50
Minimum commitment
$10K
Form D file number
021-319479

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

MULTICOIN PRIVATE FUND II, LPVenture Capital Fund$4.69MGross asset value
Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States Other funds reporting this name →
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No Other funds reporting this name →
Custodian COINBASE SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian PLAINSCAPITAL BANK AUSTIN, Texas, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

PLAINSCAPITAL BANK
LEI 549300OBLIP1F3NM5751

Fund details & source
Fund ID
805-8995530278
Reported beneficial owners
14
Minimum commitment
$50K

Form ADV 1965518 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since May 29, 2024 · previous imported filing

  • Regulatory AUM$3,808,285,004 → $5,949,336,925
  • Client accounts18 → 17
Filing source

Form ADV 1965518 · Mar 31, 2025 · Items 1 & 5

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$5.95B
Non-discretionary
$0

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

CRD 297302

Filing source

Form ADV 1965518 · Mar 31, 2025 · Items 1 & 5

Reported by MULTICOIN CAPITAL MANAGEMENT, LLC (CRD 297302).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.