We always hear about “whales” in the cryptocurrency market, but do you know what currencies they invest in?
In general, whales are divided into two types:
Type 1: These are people or institutions that have enormous wealth. The influence of this type of whales on the market and prices is huge.
The second type: This type includes institutions that have wealth and influence, which are the whales that determine the course of the market and invest in future projects. This type represents a smaller percentage, as it is limited to companies and institutions that are active in the digital currency market and financial markets in general.
10 Investment Funds That Determine the Future of the Cryptocurrency Market
Keeping track of these companies’ investments can be a powerful indicator that helps you discover cryptocurrency gems and determine the future trajectory of the market.
So before I share the cryptocurrencies shared by these companies, you should know about these companies:
Binance Labs: The investment arm of Binance.
A16Z: One of the largest investment companies in the technology and internet sectors.
Galaxy Digital: A leading investment firm focused on enterprises.
DWF Labs: A company specializing in investment and market making.
Animoca Brands: A crypto investment and incubator, focusing on gaming, such as Axie Infinity.
Coinbase Ventures: The investment arm of Coinbase.
Paradigm Capital: A cryptocurrency investment firm founded by Fred Ehrsam, co-founder of Coinbase.
Pantera Capital: One of the oldest investment firms in the cryptocurrency market, and was one of the first institutions to invest in Bitcoin.
Sequoia Capital: One of the most prominent investment companies in the technology sector, and invested in companies such as Apple in its early stages.
OKX Ventures: The investment arm of OKX.
10 Cryptocurrencies That Major Investment Firms Are Betting On
By following the investments of these companies, hundreds of cryptocurrencies appear.
So, instead of listing every coin each company has invested in, I will show you the coins that these companies have in common in a list of 10 cryptocurrencies.
1. $NEAR coin
- Market value: $5,400,000,000
- Currency rate: $5
- Investors: Coinbase Ventures, A16Z, Pantera Capital
NEAR is the native token of Near Network, a layer-one network that uses proof-of-stake technology and was launched in April 2020. The network has a reasonable activity on DeFi, with the network’s TVL value standing at $230 million.
2. $TON coin
- Market value: $17,300,000,000
- Currency rate: $6.8
- Investors: DWF Labs, Animoca Brands, Pantera Capital
TON is a layer 1 network built on Telegram. Despite the problems the project faced with the SEC, development continued independently, and the network quickly achieved great success, reaching the TOP 10 list by market capitalization.
3. $MATIC currency
- Market value: $5,000,000,000
- Currency rate: $0.5
- Investors: Binance Labs, Coinbase Ventures, Galaxy Digital, Animoca Brands
MATIC is the native token of the Polygon network, which was launched in 2017. The network has seen significant success in the past market cycle, especially in the NFT sector, and has partnered with major companies such as Starbucks and Adidas. The network’s TVL is currently around $1 billion.
4. $APT Coin
- Market value: $3,500,000,000
- Currency rate: $7.2
- Investors: Binance Labs, Coinbase Ventures, A16Z
APT is the native currency of the Aptos network which was launched in October 2022.
Aptos network competes with Solana, offering alternatives to layer 1 networks with lower costs and faster transaction speeds.
5. $SUI Coin
- Market value: $2,600,000,000
- Currency rate: $1
- Investors: Binance Labs, Coinbase Ventures, A16Z
SUI is the main token of the Sui network which was launched in April 2023. The competition between SUI and Aptos is very strong, with Sui leading the DeFi activity with a TVL of $650 million, making it a major competitor to Solana.
6. $TIA Coin
- Market value: $1,240,000,000
- Currency rate: $6
- Investors: Binance Labs, Coinbase Ventures, OKX Ventures, Galaxy Digital
Celestia project provides decentralized infrastructure services for layer 2 networks and rollups.
7. $STRK Coin
- Market value: $685,000,000
- Currency rate: $0.4
- Investors: Coinbase Ventures, Paradigm Capital, Sequoia Capital, Pantera Capital
Although Starknet was launched in 2021, $STRK was launched in February 2024. However, the network is still in its early stages with a TVL of $240 million.
8. $ENA Coin
- Market value: $680,000,000
- Currency rate: $0.4
- Investors: Binance Labs, OKX Ventures
The Ethena project seeks to build a decentralized stablecoin. Ethena has achieved great success in a short period of time, with its TVL value reaching over $3 billion.
9. $GAL Coin
- Market value: $336,000,000
- Currency rate: $2.7
- Investors: Binance Labs, Coinbase Ventures, DWF Labs
Galaxy Project aims to build communities for cryptocurrency projects through a complete ecosystem. The number of platform users has reached more than 26 million users.
10. $ZKJ coin
- Market value: $73,000,000
- Currency rate: $1.2
- Investors: Binance Labs, OKX Ventures, Animoca Brands
Polyhedra Network project specializes in providing the infrastructure to achieve compatibility between layer 1 and layer 2 networks using ZK technology. Polyhedra launched its digital currency in March 2024 under the symbol ZK, but the symbol was later changed to ZKJ.
