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Blockchain Coinvestors AngelList Newsletter
March 8, 2021
Dear Blockchain Coinvestors Syndicate Members,
February was another great month for crypto, with total market cap ending the month up 37%, to $1.41
trillion. Bitcoin finished February with a gain of 37.6%, eclipsing, $1 trillion in market cap for the first
time as institutions such as Tesla and Mastercard embraced bitcoin.
The macro environment remained positive for crypto with the $1.9 trillion Covid bill passing both the
House and the Senate.
This newsletter will highlight:
1. Syndicate Investment Updates
2. Syndicate Community Progress
Syndicate Investment Updates
February was the first month to see two deals “close”, as both Wyre and Valiu saw strong demand. Our
fifth syndicate investment, BrainTrust launched at the end of the February, and is tracking to be our
largest investment to date at $200,000. Our great webinar for LPs with BrainTrust CEO Adam Jackson
held on March 4th is now available for replay on the BrainTrust Deal Page.
Syndicate Community Progress
The Syndicate saw LP growth accelerate to 27% month-over-month, adding 56 LPs, to reach 265 total.
More importantly, the number of LPs investing more than doubled, to reach 65 total as the quality of the
deals continued to impress.

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Thanks again for your support.
Alison, Lou and Matthew