Jump Capital has closed a $350 million venture fund with a stronger focus on crypto investments.

According to a July 29 announcement, Jump Capital has closed its seventh venture fund with $350 million in total capital commitments, describing it as the firm’s largest fund to date and outlining plans to increase investments across the crypto ecosystem while continuing to back early-stage technology startups.

The firm’s official announcement said the new vehicle will continue investing in fintech, IT and data infrastructure, future of commerce and media, and B2B SaaS, while allocating more resources to blockchain and digital asset companies. 

The fund follows nearly a decade of venture investing that has resulted in more than 100 portfolio companies and close to 30 exits.

Jump Capital has expanded its crypto allocation

Founded in 2012 alongside Jump Trading, Jump Capital said it originally focused on software and technology companies outside traditional coastal venture markets while supplying Series A and Series B funding to underserved founders across the United States.

The firm said market conditions have changed considerably since then. Access to Series A and Series B capital has become more limited, while investor attention toward startups in the Midwest increased during the pandemic. 

At the same time, blockchain emerged as what Jump Capital described as a technology capable of changing financial markets and introducing new models of ownership and value transfer.

According to the announcement, the venture firm began investing in crypto roughly seven years ago before building a dedicated investment team led by partners Saurabh Sharma and Peter Johnson. It said experience across distributed systems, computing infrastructure, fintech, and capital markets encouraged it to commit more resources to the sector through its latest fund.

The announcement added that Jump Capital and its affiliate Jump Trading now invest globally across the crypto market, citing increasing institutional participation, continued retail adoption, and rapid product development as factors supporting that strategy.

Crypto investments already span infrastructure and tokenization

According to Jump Capital, its crypto portfolio already includes investments across exchanges that support fiat on-ramps, lending and credit platforms, compliance software, asset management platforms, decentralized finance, gaming, Web3 infrastructure, and blockchain networks.

In May 2025, Jump Crypto, the digital asset division of Jump Trading, acquired a significant equity stake in Securitize for an undisclosed amount. At the time, Securitize said the partnership would expand institutional access to tokenized real-world assets, including U.S. Treasurys, private credit, and private equity, while improving collateral management solutions. Securitize Chief Operating Officer Michael Sonneshein said the investment demonstrated growing institutional conviction in tokenization and its role in capital markets.

The company made another infrastructure-focused move in June 2025, when Aptos Labs and Jump Crypto introduced Shelby, a decentralized hot storage network designed to provide cloud-grade infrastructure for Web3 applications. Aptos Labs said Shelby would deliver decentralized, monetizable storage with sub-second data access across multiple blockchains, while Jump Crypto said the protocol addresses blockchains’ inability to efficiently serve large datasets at scale.

Earlier collaborators announced for Shelby included Metaplex, Pipe Network, Story, Myco, DoubleZero, and Flashback Labs, with Aptos serving as the network’s initial settlement layer.

Portfolio activity has continued across emerging Web3 projects

Jump Crypto has also continued backing consumer-facing blockchain applications.

In September 2025, Web3 distribution protocol KGeN announced a $13.5 million strategic funding round backed by Jump Crypto, Accel, and Prosus Ventures, increasing the company’s total funding to $43.5 million.

KGeN said the proceeds would support expansion of its POGE identity and reputation framework, which helps Web3 applications manage user acquisition, commerce, and loyalty programs on-chain. At the time, the company reported operations across more than 60 countries, serving 38.9 million verified users, generating $48.3 million in annualized revenue, and recording roughly 780,000 daily active users.

Following that investment, Jump Crypto Chief Investment Officer Saurabh Sharma said KGeN’s distribution model introduced more accountability into digital user acquisition, while Accel and Prosus Ventures credited the platform’s ability to scale measurable engagement.

New fund builds on nearly a decade of venture investing

Alongside its crypto activity, Jump Capital said its venture business has completed more than 100 investments and nearly 30 exits since launch.

The firm pointed to exits involving Personal Capital, acquired by Empower, Flashpoint, acquired by Audax, and Tubi, acquired by Fox, while also highlighting companies including SPIRE, Fast Radius, M1 Finance, Degreed, TradingView, LogicGate, and LinkSquares among its portfolio.

According to Jump Capital, its investment process continues to rely on sector-specific research and discussions with industry participants before identifying founders whose businesses align with the firm’s investment themes.

With Fund VII now closed, the venture firm said it plans to continue supporting early-stage technology companies while dedicating additional capital and personnel to blockchain infrastructure, decentralized finance, crypto networks, gaming, and other parts of the digital asset ecosystem.

The US dollar continues to hold the upper hand against most major currencies ahead of the outcome of the latest Federal Reserve meeting. While the base-case scenario remains for interest rates to stay unchanged, markets are also pricing in the possibility of a rate hike. The Fed’s decision, together with its comments on inflation, economic conditions and the future path of monetary policy, could determine the direction of the US dollar over the coming weeks.

Another factor supporting the dollar is the ongoing geopolitical uncertainty in the Middle East. Despite the temporary suspension of US strikes on Iran and renewed diplomatic efforts, the risk of further military escalation remains, prompting investors to remain cautious ahead of this week’s key events. Geopolitical uncertainty continues to underpin demand for the US dollar as a safe-haven asset. At the same time, USD/JPY’s approach towards multi-year highs has increased expectations of fresh warnings from Japanese authorities and raised the risk of currency intervention. For USD/CAD, oil prices remain another important driver: weaker crude prices continue to limit support for the Canadian dollar and help preserve the pair’s bullish potential.

USD/JPY

USD/JPY tested another multi-year high near 164.00 last week. Following the strong rally, the pair has entered a modest pullback. However, if the Federal Reserve delivers a more hawkish outcome or maintains its hawkish tone, the pair could extend its advance towards 165.00–165.50. A decisive move below 163.30 could trigger a deeper correction towards the 162.00–162.60 support area.

Key events for USD/JPY:

• Today at 21:00 (GMT+3): US Federal Reserve interest rate decision;
• Today at 21:30 (GMT+3): Federal Open Market Committee (FOMC) press conference;
• Tomorrow at 15:30 (GMT+3): US Core Personal Consumption Expenditures (PCE) Price Index.

USD/CAD

USD/CAD’s recovery following the formation of a bullish engulfing pattern has stalled near resistance at 1.4130. The pair is currently consolidating within the 1.4060–1.4130 range. A decisive break above the upper boundary of this range could pave the way for further gains towards 1.4160–1.4200. Conversely, a move below 1.4060 could lead to a retest of the recent low near 1.4000.

Key events for USD/CAD:

• Today at 17:30 (GMT+3): US crude oil inventories;
• Today at 20:30 (GMT+3): Bank of Canada Summary of Deliberations;
• Tomorrow at 15:30 (GMT+3): US GDP data.

Overall, the near-term direction of both USD/JPY and USD/CAD will depend primarily on the Federal Reserve’s decision and its guidance on the future path of interest rates. A more hawkish stance could support a breakout above nearby resistance levels and reinforce the US dollar’s strength. Conversely, a more dovish message could trigger a correction in the greenback, particularly against the Japanese yen, where the proximity of multi-year highs increases the likelihood of renewed warnings from Japanese officials. For USD/CAD, oil price movements and the Bank of Canada’s Summary of Deliberations will remain important additional drivers.

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XRP trades near $1.06 in late July 2026, roughly 71 percent below the $3.65 cycle top set on July 17, 2025. This piece walks through the escrow-versus-ETF equation, the bull case ($4.50–$7.00 by 2030), the base case ($1.80–$3.20), and the bear case ($0.60–$1.40).

Read the full XRP price prediction analysis →

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Bitcoin climbed 1% to about $63,800 on Wednesday while Asian equity markets suffered one of their worst stretches of the year, the second time in a seven-day period that crypto has held through a sharp unwind in the artificial intelligence trade.

The majors moved with it. Ether rose 1% to $1,899, XRP added 2% to $1.07, BNB gained to $567, solana held at $73, and dogecoin edged up. Hyperliquid’s HYPE was the only major in the red, down 3% to $54.

The damage in equities was concentrated in chipmakers. South Korea’s benchmark tumbled 11%, following an 11% drop on Tuesday and putting the index on course for a record two-day decline. SK Hynix fell about 17% after reporting a 557% surge in quarterly profit that still came in below expectations, and

Samsung slid 12% ahead of its own results on Thursday. The MSCI Asia Pacific index dropped 2% to its lowest since mid-April, and Nasdaq 100 futures fell 1%, extending a five-day losing streak for the tech-heavy gauge, its longest this year.