# New Form Capital

> New Form Capital is a New York early-stage venture firm that invests, almost exclusively at pre-seed and seed, in the companies rebuilding financial markets on blockchain rails. Founded in 2019 by former Blackstone and DCM Ventures investor Alex Marinier, the firm has made 30+ investments and backed breakout names like Polymarket and Compound, pairing a Wall Street lens with a limited-partner network of quant shops and fund-of-funds to help founders sell into the institutions they aim to disrupt.

- **Founded:** 2019
- **Headquarters:** New York, United States
- **Founders:** Alex Marinier (Founder & General Partner)
- **Team size:** 11 (LinkedIn); small partnership plus venture partners and EIRs
- **Products:** Early-stage venture capital, LP network value-add, Fund II
- **Notable:** Backed Polymarket, which reached unicorn status and later drew reported valuations above $9B-$20B., Seed investor in Compound, one of DeFi's foundational lending protocols., Portfolio includes ZBD and other blockchain-finance companies across 30+ investments.

## Products & services

- **Early-stage venture capital** — Pre-seed and seed investments (90%+ of first checks) into blockchain-based financial companies and protocols, with follow-on capital reserved for winners.
- **LP network value-add** — Business-development support that connects portfolio founders with a limited-partner base of quant trading shops, fund-of-funds and institutional finance professionals.
- **Fund II** — A second early-stage fund targeting roughly $75M to continue backing blockchain companies through a Wall Street lens.

## Achievements

- Backed Polymarket, which reached unicorn status and later drew reported valuations above $9B-$20B.
- Seed investor in Compound, one of DeFi's foundational lending protocols.
- Portfolio includes ZBD and other blockchain-finance companies across 30+ investments.
- Portfolio company Tres Finance acquired by Fireblocks for a reported $130M (2026).
- Grew to $100M+ in assets under management with a 100% blockchain-focused allocation.
- Raising a second fund targeting ~$75M.

## Latest updates

- **2026-01** — Portfolio company Tres Finance acquired by Fireblocks for a reported $130M.
- **2025-01** — Portfolio company Polymarket reached unicorn status amid surging prediction-market interest.
- **2024-05** — Alex Marinier appeared on CNBC describing a 'seismic shift' in Wall Street's blockchain interest.
- **2024-01** — Firm began raising a second early-stage fund targeting roughly $75M.

## Links

- Website: https://newformcap.com
- LinkedIn: https://www.linkedin.com/company/new-form-capital

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Profile page: https://yespress.io/new-form-capital
Published by YesPress — https://yespress.io
Last updated: 2026-08-16