PHD Capital is a Web3 venture capital fund that focuses on early pre-seed and seed-stage investments across DeFi, SocialFi, and blockchain infrastructure. PHD Capital's Twitter Score is 8.6 out of 1000 as of September 2026, ranking #105,586 among 487,142 tracked accounts.
PHD Capital was founded by David Wang, who serves as CEO and Founder and has been active in crypto since 2013. The fund combines venture equity and token exposure with yield farming, hedging, smart-contract insurance, and active portfolio management. According to its LinkedIn profile, PHD Capital was established in 2021 and invests on behalf of family offices, retail investors, and institutional investors. The fund is operated by PHD Capital Ltd, with its terms governed by British Virgin Islands law.
PHD Capital concentrates its deal flow on early-stage projects at the pre-seed and seed levels, with an emphasis on DeFi, SocialFi, infrastructure, and application-layer ventures. The fund states that its core holdings include Bitcoin, Ethereum, and stablecoins, alongside blue-chip NFT projects such as Bored Apes and CryptoPunks. PHD Capital also operates an incubator program that provides funding and advisory support to portfolio startups. The team includes co-founder Jackson Chan, an early investor and advisor to DeFi and GameFi protocols who previously served as Lead Engineer at Synthetix.
PHD Capital's fund portfolio includes LEXER Markets, STFX, Scallop, Fyde, WeFi, Bracket, Moongate and Multisynq. PHD Capital has published 127 posts on the platform and has been mentioned by 6 accounts a total of 12 times, reflecting consistent engagement within the Web3 investment community.
Who follows PHD Capital on X?
The accounts that follow PHD Capital include 24 founders, 6 angel investors and 19 influencers, among them Binji, Bharat Krymo, CryptoCondom, Lamboland, Blocmates and Chimp.