Internet Capital Markets with Kyle Samani
Internet Capital Markets with Kyle Samani  
Podcast: Origins - Inside Venture Capital, Hosted by a GP and an LP
Published On: Wed Nov 12 2025
Description: Kyle Samani is the Founder and Managing Partner of Multicoin Capital, a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. He joins Beezer Clarkson, Partner at Sapphire Partners, and Nick Chirls, Partner at Asylum Ventures, to discuss the philosophies that underpin Multicoin’s investment strategies. He also unpacks how blockchain technologies are already reshaping global finance away from legacy systems and towards embedded trading platforms that will sit within traditional messaging and media platforms.Learn more about Sapphire Partners: https://sapphireventures.com/sapphire-partnersLearn more about OpenLP: https://openlp.vcLearn more about Asylum Ventures: https://asylum.vcLearn more about Multicoin: https://multicoin.capitalJerry Neumann’s post on markets v. innovation: https://reactionwheel.net/2025/07/a-look-at-growthFor a monthly roundup of the latest venture insights, including the newest Origins episodes, subscribe to the OpenLP newsletter – delivered straight to your inbox: subscribe.openlp.vcCHAPTERS:0:00 Welcome to Origins2:43 The Origin Story of Multicoin7:07 Financially Long & Intellectually Short Bitcoin8:53 What Is an Internet Capital Market?19:18 What Happens to Banks?21:14 What Did You See In Solana?30:22 The Rise of DATs36:40 Did Web3.0 Live Up To Its Promise?