Crypto is making such a big comeback that AngelList and CoinList are launching a way to help raise capital for crypto-specific founders using crypto c

AngelList, CoinList partner to help crypto startups raise and manage funds

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2025-01-23 00:00:04

Crypto is making such a big comeback that AngelList and CoinList are launching a way to help raise capital for crypto-specific founders using crypto coins.

They are teaming up to launch crypto special purpose vehicles (SPVs) and crypto roll-up vehicles (RUVs), the companies shared with TechCrunch exclusively on Wednesday.

The partnership, they said, will give users a way “to raise with syndicates and manage crypto startup investments the crypto way.” Syndicates are a group of companies or individuals that work together to jointly manage a large financial transaction.

“Investors can fund with USDC, which is easier for crypto investors who don’t operate via banks,” said CoinList CEO Raghav Gulati. USDC is the term for a digital dollar, also known as a stablecoin, that can be redeemed 1:1 for U.S. dollars as it is pegged to the dollar.

Tokens can be distributed in kind to LPs and are compatible with “many non-U.S. token issuers and investors.” An integration with CoinList’s software is “coming soon,” the companies said.