Investment adviser · CRD 285022

POLYCHAIN CAPITAL LP

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Mar 28, 2026

Regulatory AUM
$2.9B
Form ADV · Item 5.F
Client accounts
19
Accounts, not individual clients
Employees
36
Reported in this filing
Advisory professionals
14
Investment advisory functions

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 vehicles19$2,901,320,856100.0%
Filing source

Form ADV 2083814 · Mar 28, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

18 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

POLYCHAIN FUND I LPHedge Fund · Last reported Aug 11, 2018$879MGross asset value

Form D fundraising filings

Polychain Fund I LP

Feeder funds

Fund administrator MG STOVER & CO. DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHEN & COMPANY, LTD. HUNT VALLEY, Maryland, United States
Custodian NORTHBROOK BANK AND TRUST COMPANY NORTHBROOK, California, United States Related to adviser: No
Custodian SILVERGATE BANK LA JOLLA, California, United States Related to adviser: No
Custodian WINTRUST BANK CHICAGO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

COHEN & COMPANY, LTD.
PCAOB 925

NORTHBROOK BANK AND TRUST COMPANY
LEI CLHA5EVJO4FMZ2WOBV7

SILVERGATE BANK
LEI ZXZDWBXF4U47HEP2EO46

WINTRUST BANK
LEI 549300RAQJBTN6Z28096

Fund details & source
Fund ID
805-4873279254
Reported beneficial owners
287
Minimum commitment
$1M
Form D file number
021-268773

Form ADV 1229234 · Aug 11, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

POLYCHAIN VENTURES LPPrivate Equity Fund · Last reported Mar 28, 2026$826MGross asset value

Form D fundraising filings

Polychain Ventures LP

Feeder funds

  • POLYCHAIN VENTURE FUND LTD.
Fund administrator SECURITIZE FUND SERVICES, LLC DENVER, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG GRAND CAYMAN, Cayman Islands
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian NORTHBROOK BANK & TRUST COMPANY, N.A. NORTHBROOK, Illinois, United States Related to adviser: No
Custodian PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL CHEYENNE, Wyoming, United States Related to adviser: No
Prime broker BTIG, LLC SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG
PCAOB 1323

ANCHORAGE DIGITAL BANK N.A.
LEI 549300JJSDEHXA1AKJ69

NORTHBROOK BANK & TRUST COMPANY, N.A.
LEI CLHA5EVJO4FMZ2WOBV70

PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL
LEI 5493001KJTIIGC8Y1R12

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source
Fund ID
805-5357137071
Reported beneficial owners
113
Minimum commitment
$1M
Form D file number
021-304288

Form ADV 2083814 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

POLYCHAIN MASTER FUND I LPHedge Fund · Last reported Mar 28, 2026$680MGross asset value

Form D fundraising filings

Polychain Master Fund I LP

Feeder funds

Fund administrator SECURITIZE FUND SERVICES, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG GRAND CAYMAN, Cayman Islands
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian NORTHBROOK BANK & TRUST COMPANY, N.A. NORTHBROOK, Illinois, United States Related to adviser: No
Custodian PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL CHEYENNE, Wyoming, United States Related to adviser: No
Prime broker BTIG, LLC SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG
PCAOB 1323

ANCHORAGE DIGITAL BANK N.A.
LEI 549300JJSDEHXA1AKJ69

COINBASE CUSTODY TRUST COMPANY, LLC
LEI 549300ZHW72BH3BM4Q58

NORTHBROOK BANK & TRUST COMPANY, N.A.
LEI CLHA5EVJO4FMZ2WOBV70

PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL
LEI 5493001KJTIIGC8Y1R12

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source
Fund ID
805-6921763275
Reported beneficial owners
394
Minimum commitment
$5M
Form D file number
021-268773
Form D file number
021-287827
Form D file number
021-346711
Form D file number
021-347857

Form ADV 2083814 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

POLYCHAIN VENTURES III LPPrivate Equity Fund · Last reported Mar 28, 2026$479MGross asset value

Form D fundraising filings

Polychain Ventures III LP

Fund administrator SECURITIZE FUND SERVICES, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG SAN FRANCISCO, California, United States
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian NORTHBROOK BANK & TRUST COMPANY, N.A. NORTHBROOK, Illinois, United States Related to adviser: No
Custodian PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL CHEYENNE, Wyoming, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG
PCAOB 42

ANCHORAGE DIGITAL BANK N.A.
LEI 549300JJSDEHXA1AKJ69

COINBASE CUSTODY TRUST COMPANY, LLC
LEI 549300ZHW72BH3BM4Q58

NORTHBROOK BANK & TRUST COMPANY, N.A.
LEI CLHA5EVJO4FMZ2WOBV70

PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL
LEI 5493001KJTIIGC8Y1R12

Fund details & source
Fund ID
805-7398381651
Reported beneficial owners
209
Minimum commitment
$1M
Form D file number
021-426646

Form ADV 2083814 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

POLYCHAIN VENTURES III (PARALLEL) LPPrivate Equity Fund · Last reported Mar 28, 2026$255MGross asset value

Form D fundraising filings

Polychain Ventures III (Parallel) LP

Fund administrator SECURITIZE FUND SERVICES, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG SAN FRANCISCO, California, United States
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian NORTHBROOK BANK & TRUST COMPANY, N.A. NORTHBROOK, Illinois, United States Related to adviser: No
Custodian PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL CHEYENNE, Wyoming, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG
PCAOB 42

ANCHORAGE DIGITAL BANK N.A.
LEI 549300JJSDEHXA1AKJ69

COINBASE CUSTODY TRUST COMPANY, LLC
LEI 549300ZHW72BH3BM4Q58

NORTHBROOK BANK & TRUST COMPANY, N.A.
LEI CLHA5EVJO4FMZ2WOBV70

PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL
LEI 5493001KJTIIGC8Y1R12

Fund details & source
Fund ID
805-4288855041
Reported beneficial owners
55
Minimum commitment
$1M
Form D file number
021-426647

Form ADV 2083814 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

POLYCHAIN VENTURES II LPPrivate Equity Fund · Last reported Mar 28, 2026$222MGross asset value

Form D fundraising filings

Polychain Ventures II LP

Fund administrator SECURITIZE FUND SERVICES, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG SAN FRANCISCO, California, United States
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian NORTHBROOK BANK & TRUST COMPANY, N.A. NORTHBROOK, Illinois, United States Related to adviser: No
Custodian PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL CHEYENNE, Wyoming, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG
PCAOB 42

ANCHORAGE DIGITAL BANK N.A.
LEI 549300JJSDEHXA1AKJ69

COINBASE CUSTODY TRUST COMPANY, LLC
LEI 549300ZHW72BH3BM4Q58

NORTHBROOK BANK & TRUST COMPANY, N.A.
LEI CLHA5EVJO4FMZ2WOBV70

PAYWARD FINANCIAL, INC. D/B/A KRAKEN FINANCIAL
LEI 5493001KJTIIGC8Y1R12

Fund details & source
Fund ID
805-3088252049
Reported beneficial owners
172
Minimum commitment
$1M
Form D file number
021-352078

Form ADV 2083814 · Mar 28, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

POLYCHAIN PARALLEL FUND I LPHedge Fund · Last reported Mar 27, 2025$182MGross asset value

Form D fundraising filings

Polychain Parallel Fund I LP

Fund administrator MG STOVER LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG GRAND CAYMAN, Cayman Islands
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian NORTHBROOK BANK & TRUST COMPANY, N.A. NORTHBROOK, Illinois, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG
PCAOB 1323

ANCHORAGE DIGITAL BANK N.A.
LEI 549300JJSDEHXA1AKJ69

COINBASE CUSTODY TRUST COMPANY, LLC
LEI 549300ZHW72BH3BM4Q58

NORTHBROOK BANK & TRUST COMPANY, N.A.
LEI CLHA5EVJO4FMZ2WOBV70

Fund details & source
Fund ID
805-3426661905
Reported beneficial owners
17
Minimum commitment
$5M
Form D file number
021-347857

Form ADV 1921461 · Mar 27, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 28, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

SEE SCHEDULE D.
SAN FRANCISCO, CA, 94105, United States

CRD 285022

Filing source

Form ADV 2083814 · Mar 28, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.