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5 VC Bets Pointing to Crypto’s Next Big Themes

From fledgling bets to bona fide unicorn hype machines, these crypto startups have narrative momentum on their backs.
5 VC Bets Pointing to Crypto’s Next Big Themes
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Some of crypto’s biggest winners aren’t born onchain. They start in private markets, quietly accumulating capital, traction, and regulatory leverage long before tokens or tickers appear.

While most investors can’t access these rounds directly, paying attention to who is raising and what trends they represent offers a powerful edge. Venture funding often surfaces the builders and businesses that will define crypto’s next cycle, and this most recent raise class appears especially promising, with several candidates already resembling prime IPO plays.

Here are five venture-stage crypto companies with narrative momentum at their backs that are worth tracking in 2026. 👇

💸 YO Protocol

Website | Twitter
Last Raise: $10M
Valuation: Unknown
Round: Series A

Deployed on Base, Yield Optimizer (YO) Protocol is an onchain vault offering diversified yield indexes that generate income by deploying capital across multiple protocols and blockchains.

YO aggregates yields and handles portfolio rebalancing, allowing users to earn yield with ease on their ETH, BTC, USD, and EUR deposits, and users receive liquid yoTOKENS after depositing, which enjoy widespread integrations across preeminent Base Base DeFi applications, including Pendle, Euler, and Contango.

The Protocol announced it had raised $10M in a Series A fundraising round – which was led by Foundation Capital with participation from Coinbase Coinbase Ventures, Scribble Ventures, and Launchpad Capital – in December of last year.

What’s the Trend?

Onchain yield funds, or vaults, are quickly becoming one of the hottest trends in crypto markets. They can enable anyone to access high-yielding crypto opportunities, without needing to manage position risk or rebalance their portfolio.

While these vault models are not without their risks (Stream Finance imploded in November and dragged numerous other tokenized yield funds into its insolvency wake), YO seeks to mitigate risks for its depositors by adjusting allocations based on risk using Exponential.fi ratings.

The YO governance token is notably launching on February 5 with an initial non-transferable phase.

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Jack Inabinet

Written by Jack Inabinet

659 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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