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Archetype secures $100 million for third crypto venture fund

Reported by Blockworks ·Bloomberg
Sep 23, 2025· 2 min read
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Key Takeaways
  • • Archetype, a New York-based early-stage crypto venture firm, has closed its third fund, Archetype III, with over $100 million in capital commitments.
  • • The fund will back early-stage projects in onchain infrastructure, payments, and decentralized applications, according to Blockworks.
  • • Archetype is led by Ash Egan, and the firm previously invested in Privy, which was acquired by Stripe earlier in 2025.
  • • The fund drew backing from a mix of existing and new institutional investors, per the firm's announcement.
Summary
Archetype, a New York-based early-stage crypto venture capital firm, has closed its third fund, Archetype III, raising over $100 million in capital commitments, according to Blockworks and the firm's own announcement. The firm described the fund as dedicated to backing frontier-pushing, founder-led companies, positioning it as an alternative to funds that prioritize safety and scale.

The fund will channel capital into early-stage projects in onchain infrastructure, payments, and decentralized applications. Coverage of the close indicates the fund attracted commitments from a mix of existing and new institutional investors. The announcement was reported as coming on a Tuesday, though the full set of commitment details and specific investor names were not available in the source material reviewed.

Archetype is led by Ash Egan. Per Blockworks, the firm has previously invested in blockchain companies including Privy, a wallet infrastructure startup that was acquired by Stripe earlier this year. That exit provides context for the firm's track record in the sector as it deploys capital from the new vehicle.

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Sources

2 outlets

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

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