Spencer Applebaum

Spencer Applebaum

VC

Investment Partner, Multicoin Capital

Multicoin's first hire specializing in DeFi and DePIN

Austin, TX$5M–$25M checks2 notable investments
SeedSeries ASeries B+
CryptoInfrastructureFintechData

Background

Spencer Applebaum is an Investment Partner at Multicoin Capital, where he has worked since 2018 as one of the firm's earliest hires. He specializes in decentralized finance protocols, DePIN infrastructure, and crypto-consumer applications. He was promoted through the ranks from Analyst to Partner by 2023. He started his career at Bitspark in Hong Kong and interned at Deloitte before joining Multicoin.

Investment Focus

Stages

SeedSeries ASeries B+

Typical check: $5M–$25M

Sectors

CryptoInfrastructureFintechData

Based in: Austin, TX (North America)

Notable Investments

Last updated: Jun 11, 2026