Pure Crypto’s First Fund Soars Nearly 1,000% to $60M Since 2018 Launch

Key Points

1. Pure Crypto's flagship fund has surged nearly 1,000% since its inception in 2018, now valued at $60 million.

2. Founders Jeremy Boynton and Zachary Lindquist back only a few select crypto fund managers and are preparing a fourth fund.

3. Venture capital investment in the crypto sector rebounded strongly in Q2 2025, with companies raising a total of $10.03 billion, the highest quarterly figure in recent years.

4. June 2025 was a standout month, pulling in $5.14 billion, with top fundraises including Strive Funds’ $750 million and TwentyOneCapital’s $585 million.

5. Dealmaking was widespread across blockchain infrastructure and DeFi sectors, while categories like CeFi, NFTs, and GameFi saw moderate activity.