Miami raised $1.2B in crypto deals across 80+ blockchain startups in 2025. Most capital went to DeFi protocols and infrastructure. The city brands itself as crypto-friendly but you'll find more marketing than actual check-writing. Mayor Suarez's Bitcoin strategy got headlines but local institutional capital is cautious.
You won't raise from traditional Miami VCs for crypto. They're still focused on fintech and real estate tech. The active crypto investors here are either dedicated web3 funds or national firms that opened Miami offices during the 2021 bull run. Most stayed through the bear market.
Miami's crypto scene is split between serious infrastructure builders and influencer projects. Investors know the difference. Come with real technology and traction, not just a token launch plan.
Borderless Capital (Miami): Led Algorand ecosystem fund and backed 12 Miami blockchain infrastructure companies in 2025
Pantera Capital (Miami Beach): Opened Miami office in 2022, backed 3 DeFi protocols here including a $15M round for a derivatives platform
CMT Digital (Miami): Actively trading and investing from Brickell office, participated in 8 local crypto rounds in 2025
Greenfield One (Miami): German fund that moved partners to Miami, backed 4 web3 gaming studios here
LD Capital (Miami): Asian fund with Miami presence, co-invested in 6 Solana ecosystem projects locally
Digital Currency Group (Miami presence): Maintains Miami relationships through portfolio companies, participated in 2 Miami infrastructure rounds
Galaxy Digital (Miami Beach): Mike Novogratz's fund backed 3 Miami institutional crypto companies in 2025
Sino Global Capital (Miami): Cross-border fund based in Miami, led 5 infrastructure deals here
NGC Ventures (Miami): Singapore fund with Miami office, backed 4 local blockchain gaming projects
Tribe Capital (Miami): Moved from SF to Miami, backed 2 crypto fintech companies here at Series A
Kenetic Capital (Miami Beach): Hong Kong fund relocated to Miami, invested in 3 DeFi protocols
Continue Capital (Miami): China-founded fund now Miami-based, backed 5 web3 infrastructure startups locally
Miami positioned itself as America's crypto capital during the 2021 bull market. The city attracted 40+ web3 funds and hundreds of blockchain founders. Most stayed through the 2022-2023 bear market, which means actual committed capital remains.
The reality: Miami has more crypto marketing than crypto engineering talent. You'll find better developer pools in SF, NYC, or Austin. But Miami offers lower costs, no state income tax, and a government that won't actively work against you. Florida's regulatory stance matters when SEC enforcement is unpredictable.
Average seed round for Miami crypto startups is $3-5M. Series A ranges $10-20M. Those numbers dropped 40% from 2021 peaks but held steady through 2024-2025. Miami investors expect you to already have a working product and real users. The "idea stage" funding dried up.
The timezone works for Asian capital. Half of Miami's active crypto investors are Asian funds that opened US offices here. You'll take calls with Singapore and Hong Kong during normal business hours. That access matters if you're building infrastructure or targeting Asian markets.
Local presence: Physical Miami office matters more in crypto than traditional VC. Funds that stuck around through the bear market understand the space better than tourists who showed up in 2021. Check if partners actually live here or just list Miami as an address.
Portfolio companies: Look for funds that backed Miami crypto companies in 2024-2025, not just 2021. That shows they didn't abandon the market when prices dropped. Most serious web3 investors here have 3-5 local portfolio companies minimum.
Check sizes: Miami crypto seed rounds typically get $500K-$2M from lead investors. Series A leads write $5-10M checks. Smaller than 2021 but realistic for current market. Some funds only do token investments, others prefer equity. Know which you're pitching.
Blockchain focus: Miami has clusters around Solana, Algorand, and institutional infrastructure. Less Ethereum development than SF or NYC. If you're building on a specific chain, find investors already active in that ecosystem locally.
Communication: Upload your deck to Ellty and create trackable links for each Miami crypto investor. You'll see which ones actually open your technical documentation versus just your team slide. Crypto VCs claim they're technical but link analytics show what they really examine.
Follow-on capacity: Most Miami crypto funds can do seed through Series B. But check if they reserve capital for follow-ons. A $50M fund might lead your seed but won't have much for your Series A two years later.
Research local deals: Check Messari's Miami coverage and The Block's Southeast funding data. Crunchbase tags Miami deals incorrectly half the time. Better to follow local crypto Twitter accounts and see which funds they mention closing.
Leverage local ecosystem: Miami Bitcoin Hackathon and North American Bitcoin Conference actually produce deals. NFT BZL and Ethereum Miami are more networking than fundraising. Join Cryptomondays Miami if you want warm intros to local VCs.
Build relationships first: Miami crypto investors prefer 3-4 conversations before term sheets. That's slower than SF's "meet Monday, term sheet Friday" pace but faster than traditional Miami VC. They want to see you understand market cycles and won't panic when Bitcoin drops 30%.
Share your pitch deck: Upload to Ellty and send unique tracking links to each fund. Miami crypto VCs will forward your deck to their technical advisors and LPs. You'll see exactly who reviewed it and which sections they focused on. Most spend time on your tokenomics and team backgrounds.
Attend local events: Bitcoin 2026 Conference in Miami Beach is the main event. Converge22 brings serious institutional investors. Collision Conference has a crypto track. Skip the random Brickell happy hours unless you want to meet influencers, not investors. Solana Breakpoint sometimes happens here.
Connect with portfolio founders: Message founders from each fund's Miami portfolio on Twitter or Telegram. They'll tell you which partners actually respond and which just collect deal flow. Crypto founders are more open about this than traditional startup founders.
Organize due diligence: Set up an Ellty data room before first partner meetings. Miami crypto investors move fast once they decide. They'll want your tokenomics model, smart contract audits, cap table, and founder vesting schedules immediately. Email threads don't work.
Understand local pace: Miami crypto deals close in 4-8 weeks once a lead commits. That's faster than traditional VC but slower than 2021 when term sheets came after single meetings. Investors now actually do technical diligence and check references. Investors here expect founders to already follow GDPR principles for document sharing, especially when user data, content licensing, or audience analytics are involved.
Miami crypto investors want revenue or real protocol usage, not just TVL that can disappear overnight. They watched too many 2021 projects inflate numbers with mercenary capital. Show actual sticky users and fee generation.
The local preference is infrastructure and institutional products over consumer crypto. B2B blockchain solutions get funded faster than NFT marketplaces or social tokens. Miami VCs are tired of "Uber but on blockchain" pitches. Energy and real estate tokenization actually get traction here because those industries exist locally.
Most Miami crypto rounds include at least one Asian co-investor. The local funds have deep connections to Singapore, Hong Kong, and Korean capital. If you only pitch Miami funds, you're missing half the available money. But those relationships take time to build.
Borderless backs Algorand ecosystem projects and carbon credit blockchains from their Miami headquarters.
Pantera moved partners to Miami Beach and writes $5-20M checks for institutional DeFi protocols.
CMT trades crypto and invests from their Brickell office with focus on market-making and infrastructure.
German fund that relocated partners to Miami and backs web3 gaming studios and consumer applications.
Singapore-based fund with Miami office focusing on Solana ecosystem and Asian market bridges.
Barry Silbert's fund participates in Miami rounds through portfolio company synergies and Genesis relationships.
Mike Novogratz's fund backs institutional crypto products from Miami Beach headquarters.
Cross-border fund based in Miami connecting US startups with Asian liquidity and partnerships.
Singapore fund with Miami office backing blockchain gaming and metaverse infrastructure projects.
Moved from SF to Miami and backs crypto fintech companies that bridge traditional and decentralized finance.
Hong Kong fund that relocated to Miami Beach, focuses on institutional adoption and regulatory-compliant infrastructure.
China-founded fund now Miami-based backing cross-chain infrastructure and institutional DeFi protocols.
These 12 investors closed Miami blockchain deals in 2025-2026. Before you start pitching Miami crypto funds, set up proper tracking. You'll waste weeks following up with investors who never opened your deck.
Upload your pitch deck to Ellty and create a unique link for each Miami crypto investor. You'll see exactly which slides they view and how long they spend on your tokenomics. Miami-based web3 VCs often skip market size slides but focus heavily on your technical architecture and team's blockchain experience.
When Miami crypto investors ask for smart contract audits or tokenomics models, share an Ellty data room instead of scattered Google Drive links. Your technical documentation, financial projections, and founder vesting schedules in one place with view analytics.
Do I need to be in Miami to raise from Miami crypto investors?
No, but physical presence helps. Most Miami crypto VCs prefer founders who understand the local market and can attend in-person meetings. Remote-first crypto companies raise here regularly if they have strong technical teams and real traction.
How does Miami compare to SF or NYC for crypto fundraising?
Miami has more dedicated crypto capital than NYC but less than SF. The advantage is lower competition and investors who stayed through bear markets. SF has better technical talent. NYC has more institutional connections. Miami offers tax benefits and regulatory friendliness.
What's the average crypto seed round size in Miami?
$2-4M for infrastructure projects, $1-2M for consumer applications. Down from 2021 peaks but stable through 2024-2025. Most rounds have 2-3 investors including at least one Asian fund.
Should I focus on equity or token investments in Miami?
Miami crypto investors do both. Infrastructure companies typically raise equity seed rounds then launch tokens later. DeFi protocols often do token sales after proving product-market fit. Know which structure fits your timeline before pitching.
Do Miami crypto investors expect in-person meetings?
Yes, especially for larger rounds. Seed deals sometimes close remotely but Series A investors want to meet your team in person. Plan 2-3 trips to Miami during fundraising. Most investors schedule back-to-back meetings in Brickell or Miami Beach.
What crypto sectors get funded most in Miami?
Infrastructure and institutional products lead. DeFi protocols with real revenue, custody solutions, and cross-chain bridges attract capital. Web3 gaming has momentum. Consumer social tokens and NFT marketplaces struggle unless you have massive traction.