PhoenixCryptoVC is a blockchain and digital-asset venture capital fund that was subsequently renamed Cypher Capital. PhoenixCryptoVC's Twitter Score is 3.6 out of 1000 as of July 2026, ranking #232,143 among 531,432 tracked accounts.
PhoenixCryptoVC was founded by Vineet Budki, who launched the fund with a $10 million commitment. The fund focused on seed, private, and public rounds, targeting projects that added value to the blockchain ecosystem, and it had invested in more than 100 startups before transitioning to its current identity. Bijan Alizadeh previously backed the fund. Alongside early-stage financing, the fund provided mentoring, advisory support, business-development assistance, and market access across the Middle East and Africa.
PhoenixCryptoVC was rebranded as Cypher Capital, with a March 2022 report confirming the transition. Cypher Capital now describes itself as an institutional investment and asset-management platform spanning digital assets, AI infrastructure, securities, commodities, private equity, structured products, and physical infrastructure. Its investment-management services are provided by Cypher Capital (BVI) Limited, an entity that is not licensed or regulated by the UAE Central Bank, Securities and Commodities Authority, or Virtual Assets Regulatory Authority. Its Dubai entity, Cypher Proprietary Capital FZCO, is authorized by VARA solely as a Virtual Asset Proprietary Trader and does not provide third-party investment-management or advisory services.
PhoenixCryptoVC has published 894 posts and has 3,104 followers as of July 2026. It has been mentioned by 14 accounts, with 17 total mentions.
PhoenixCryptoVC's portfolio includes PAID, Poolz Finance, Playcent, vee.finance, Joystream, Web3Auth, Mintlayer and Kunafrane222 2.
Who follows PhoenixCryptoVC on X?
The accounts that follow PhoenixCryptoVC include 10 founders, 1 angel investors, 13 influencers and 8 VCs. Among them are Mario Nawfal, Kyle Chass, Tim Haldorsson, Brad Laurie, Zach Boychuk and 0xWizard.