Token Bay Capital is a crypto and blockchain venture-capital firm founded by Lucy Gazmararian, who also serves as its Senior Executive Officer at Token Bay Capital Limited. Token Bay Capital's Twitter Score is 3.9 out of 1000 as of July 2026, ranking #218,455 among 531,432 tracked accounts.
Token Bay Capital was founded by Lucy Gazmararian, who previously worked at PwC as an Associate Director on its global crypto team, advising on crypto and blockchain projects and engaging with central banks and regulators. Gazmararian also founded Women in Crypto Hong Kong and was formerly a member of the Securities and Futures Commission Fintech Advisory Group and a Board Member of the FinTech Association of Hong Kong.
Token Bay Capital focuses its investment activity on crypto and blockchain startups spanning Web3 infrastructure, DeFi, metaverse, SocialFi, and crypto-related financial services. The firm's first fund closed in July 2021, and Token Bay Capital II LP was subsequently established as an ADGM Qualified Investor Fund. Token Bay Capital Limited is authorized by ADGM for regulated activities, including managing a collective investment fund. Token Bay Capital has published 175 posts and has 744 followers as of July 2026 on X.
Token Bay Capital's portfolio includes Merkle Science.
Who follows Token Bay Capital on X?
The accounts that follow Token Bay Capital include 21 founders, 6 angel investors, 3 influencers and 2 VCs, among them Matthew Graham, Kris, Peter Schroeder, Heslin Kim, JP Mullin and MANTRA. Token Bay Capital has been mentioned by 15 accounts a total of 20 times.