Co-founder of crypto media outlet The Block and crypto investment firm Sixman Ventures Mike Dudas took to his personal X (formerly Twitter) account to state that “Major blockchain/crypto VC Multicoin Capital is a solid S-tier venture firm.” He further added, “Their flagship fund is up ~18.6x since the December 2022 lows. Lots of noise on crypto Twitter etc. but the numbers don’t lie.” Multicoin Capital is a venture capital firm that invests in blockchain and cryptocurrency companies. The firm was founded in 2017 by Kyle Samani and Tushar Jain. Multicoin Capital has invested in a number of successful blockchain and cryptocurrency companies, including Coinbase, Circle, and Filecoin. The firm’s flagship fund has returned over 18x since its inception in 2017. Dudas’ comments underscore the growing recognition of Multicoin Capital as a leading venture capital firm in the blockchain and cryptocurrency space. The firm’s track record of success and its focus on long-term investments make it an attractive partner for blockchain and cryptocurrency companies.