Polychain Capital is a crypto hedge fund founded in San Francisco, California in 2016 that aims to deliver strong returns to investors by actively managing a portfolio of these blockchain assets. According to Fortune, Polychain Capital is the first investor in the crypto world to join the $1 billion club, and the Polychain fund returned 23 times as a whole in 2017 during the great crypto bull market. Polychain Capital, founded by Olaf Carlson-Wee, attracted investment from well-known venture Capital firms in its early days, Including Andreessen Horowitz, Union Square Ventures and Sequoia Capital. Olaf Carlson-Wee was a key employee at Coinbase. In 2013, Olaf Carlson-Wee joined Coinbase as employee No. 1 after just a year out of college, and Ritecoin founder Ridgeway became Employee No. 2.