Bain Capital Crypto backs renegades and pioneers building the next generation of open internet infrastructure.

We make concentrated investments and support teams from idea to scale.

Recent investments

M0 is the universal platform powering builders of application‑specific stablecoins.

World is building the world’s largest, most distributed privacy-preserving identity protocol.

Aera is a protocol enabling more risk-aware, autonomous treasury management for DAOs and other on-chain organizations.

Recent insights

CryptoUtilities.jl: A Small Julia Library for Succinct Proofs

We’re excited to open-source CryptoUtilities.jl, a collection of Julia packages built to prototype and benchmark succinct proof systems over binary…

Andrija Novakovic,
Guillermo Angeris

Cryptography,
Research

Public, Provable Prices

What happens when exchanges operate with a discrete clock? In our last post, we argued that blockchains have a system…

Theo Diamandis,
Khurram Dara

Regulatory,
Research

Perpetual Demand Lending Pools

Decentralized perpetuals protocols have collectively reached billions of dollars of daily trading volume, yet are still not serious competitors on…

Tarun Chitra,
Theo Diamandis,
Kamil Yusubov,
Nathan Sheng

DeFi,
Research