DBA Secures $68 Million for Second Venture Capital Fund

liquidation_surfer · 2026-02-28T11:14:18+00:00

DBA has closed its second venture capital fund at $68 million, building on its first fund. With a strong leadership team, it employs a diverse investment strategy across various crypto segments, positioning itself for growth in the evolving cryptocurrency market.

liquidation_surfer

2026-02-28 11:14:18

Abstract generation in progress

Cryptocurrency investment firm DBA has successfully closed its second venture capital fund with $68 million in commitments. This funding round marks significant growth for the company, building on its first fund that raised $50 million in 2023. Both funds operate as closed-end vehicles with a 10-year investment horizon, positioning DBA to deploy capital across private and public market opportunities in the digital assets space.

Strategic Team Leadership Driving Investment Decisions

DBA was established by Michael Jordan, formerly the co-head of investments at Galaxy Digital, and Jon Charbonneau, a prominent Ethereum commentator. This combination of traditional venture capital expertise and blockchain community insight shapes the firm’s unique investment approach. Their backgrounds enable DBA to identify emerging opportunities while maintaining disciplined portfolio management across market cycles.

Diverse Investment Approach Across Multiple Segments

The firm maintains flexibility in its investment strategy, concentrating on early-stage opportunities while remaining actively engaged across all investment phases. DBA’s portfolio reflects this broad approach, spanning foundational infrastructure projects like DoubleZero and Monad, stablecoin applications including Payy and MetaDAO, and Bitcoin scaling solutions through partnerships with entities like Alpen Labs. This diversification across distinct crypto segments allows DBA to capture value creation at different levels of the ecosystem development.

What’s Next for DBA’s Growth

With increased capital availability, DBA is well-positioned to expand its influence across the cryptocurrency investment landscape. The firm’s dual focus on early-stage ventures and mature opportunities, combined with its experienced leadership team, positions it to navigate evolving market conditions while identifying and supporting transformative blockchain projects.

ETH-3,13%

2Z-4,82%

MON-3,3%

BTC-2,4%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.