Archetype Secures $100 Million for Third Crypto Venture Fund

Archetype, a New York-based crypto venture capital firm, has raised over $100 million for its third fund, Archetype III. The fund will focus on early-stage startups building decentralized infrastructure and applications, aligning with the firm's strategy to support the "onchain economy." Existing backers and new institutional investors, including pensions and sovereign wealth funds, participated in the round.

Since its founding in 2021, Archetype has emerged as a leading crypto venture firm in New York, with investments spanning social networks, stablecoins, payments, and crypto AI. Its portfolio includes Privy, Monad, and Farcaster. While Archetype III has already deployed capital into undisclosed projects, General Partner Ash Egan emphasized the firm's mission to back blockchain use cases with mass adoption potential.

Institutional supporters highlighted Archetype's concentrated, conviction-driven approach as a key differentiator in a competitive market.