Blockchain Capital

Blockchain Capital (BCAP) is a tokenized security that represents exposure to a blockchain and cryptocurrency venture fund managed by Blockchain Capital, one of the industry's earliest investment firms. Ranked 69th by market capitalisation, BCAP is a real-world asset token that brings a traditionally private, institutional-style fund vehicle onto public blockchain rails.

What is Blockchain Capital?

BCAP represents an interest in a fund whose strategy is to invest across blockchain and cryptocurrency businesses, from early-stage startups to growing companies. The manager focuses on ventures augmenting or replacing legacy financial and technology infrastructure. As a tokenized fund, BCAP was one of the pioneering examples of packaging a professional venture portfolio into a blockchain-based security.

How does Blockchain Capital work?

BCAP is a tokenized real-world asset issued across networks including Ethereum and zkSync, both of which rely on proof-of-stake security, rather than a native blockchain of its own. The token functions as a digital security tied to the underlying fund, so its value derives from the performance of a diversified portfolio of blockchain investments rather than from network activity or mining.

Blockchain Capital tokenomics and supply

BCAP has a fixed issuance, with circulating and total supply both at about 9.11 million tokens. Because it represents a defined fund raise rather than a mineable or continuously issued asset, supply is static. Its value is meant to reflect the net asset value and growth of the fund's holdings, and it is relatively illiquid compared with mainstream cryptocurrencies.

• Fixed supply of about 9,112,111 BCAP
• Circulating supply equals total supply
• Represents exposure to a diversified blockchain venture fund
• All-time high near $107.16; all-time low around $17.76

What is Blockchain Capital used for?

BCAP is used to gain tokenized exposure to a professionally managed portfolio of blockchain and crypto companies. It falls in the real-world asset and tokenized-asset categories and is aimed at investors seeking venture-style upside through a blockchain-native instrument. It is a holding vehicle rather than a utility token used to pay fees or run applications.

Where to buy Blockchain Capital

Because BCAP is a security token, access is typically restricted to eligible or accredited investors and handled through compliant platforms rather than open retail listings. To understand where regulated tokenized assets can be traded, review our best crypto exchanges ranking, and see our best crypto wallets guide for wallets that support such tokens.

Is Blockchain Capital a good investment?

BCAP offers exposure to venture-style blockchain investing, which carries high potential reward but also significant risk, illiquidity, and dependence on the fund manager's performance. As a security token it may involve eligibility requirements and limited secondary markets. Its price history shows meaningful drawdowns. Assess these factors carefully; this is informational only and not financial advice.