# Coin98

> Coin98 is a VC fund in Ho Chi Minh City backing Blockchain and Cryptocurrency. See 20 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Ho Chi Minh City, Vietnam
- Total investments: 20
- Last investment: Oct 2024
- Lead investor: 10%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/coin98-finance/about/
- X (Twitter): https://twitter.com/coin98_wallet
- Website: https://coin98.app/
- Facebook: https://www.facebook.com/Coin98Wallet/

Coin98 is a Crypto-focused software company.

## Contacts

5 contacts available for Coin98. Shizune tracks 1 team members at Coin98. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/coin98-finance?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.8M–$7M |
| Series A | $4.1M–$5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 10 | 50% |
| Cryptocurrency | 6 | 30% |
| Gaming | 4 | 20% |
| Financial Services | 4 | 20% |
| FinTech | 3 | 15% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 40% |
| Funding Round | 5 | 25% |
| Series A | 2 | 10% |
| Venture - Series Unknown | 2 | 10% |
| Corporate Round | 1 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 3 | 15% |
| Singapore | 2 | 10% |
| Estonia | 1 | 5% |
| Germany | 1 | 5% |
| Vietnam | 1 | 5% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Thanh Le | Founder,CEO | 4 | https://shizune.co/investors/profile/thanh-le-df29 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Alliance Games | Alliance Games provides the next level of decentralized Web3 gaming infrastructure hosting and data storage services for Web3 games, driven by permissionless community nodes. | $5M | Series A | Oct 31, 2024 |  |
| TomoChain | TomoChain is an innovative solution to scalability problem with the Ethereum blockchain, and other blockchain platforms. TomoChain features a 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus for near-zero fee, and instant transaction confirmation. Security, stability and chain finality are guaranteed via novel techniquessuch as double validation, staking via smart-contracts and uniform randomization processes.TomoChain supports all EVM-compatible smart-contracts, protocols, and atomic cross-chain token transfers. Scaling techniques such as sharding, EVM parallelisation, private-chain generation, hardware integration will be continuously researched and integrated into TomoChain which will become an ideal scalable smart-contract public blockchain for decentralized apps, token issuance and token integration for small and big businesses. |  |  | May 25, 2023 |  |
| TomoChain | TomoChain is an innovative solution to scalability problem with the Ethereum blockchain, and other blockchain platforms. TomoChain features a 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus for near-zero fee, and instant transaction confirmation. Security, stability and chain finality are guaranteed via novel techniquessuch as double validation, staking via smart-contracts and uniform randomization processes.TomoChain supports all EVM-compatible smart-contracts, protocols, and atomic cross-chain token transfers. Scaling techniques such as sharding, EVM parallelisation, private-chain generation, hardware integration will be continuously researched and integrated into TomoChain which will become an ideal scalable smart-contract public blockchain for decentralized apps, token issuance and token integration for small and big businesses. |  | Corporate Round | May 25, 2023 |  |
| BovineVerse | BovineVerse is a Korean Metaverse chain game and sports guessing platform developer. | $5M |  | Sep 14, 2022 |  |
| BovineVerse | BovineVerse is a Korean Metaverse chain game and sports guessing platform developer. | $5M | Seed | Sep 13, 2022 |  |
| Corite | Corite is a fan-funding platform where fans invest in the music they love. | $6.2M | Initial Coin Offering | Jan 27, 2022 |  |
| Chain of Alliance | Chain of Alliance want to allow players to create their own campaigns and stories. They will be able to use our API, and other players staked and offered Characters and land. Their currency offers the characters that are represented as non-fungible tokens can be staked to earn. | $2.4M | Seed | Jan 21, 2022 |  |
| Hot Cross | Hot Cross is an extensive cross-chain and multi-chain infra and web3 application playground that enables blockchain teams and their communities to thrive. Hot Cross is a company and an ecosystem in and of itself, and its goals are towards allowing communities to flourish using its technologies, whether or not they know they are the ones buildingthem. | $5M |  | Jan 13, 2022 |  |
| CyBall | CyBall — CyBloc Football, is a soccer-themed, NFT-based game with a play-to-earn model that allows users to collect, trade, mentor, and ultimately battle with CyBlocs. | $1.8M | Seed | Dec 14, 2021 |  |
| Elpis Battle | Elpis Battle is a gaming platform. Their participants make a variety of contributions to the game ecosystem, reap the rewards, and receive awards for the free trade. Their elpis team develops many new games to satisfy the needs and desires of different target groups. They provide blockchain, cryptocurrency, and NFT solutions for the players. | $2.2M |  | Oct 10, 2021 |  |

10 of 20 investments shown.

## Co-investors
- [Kyros Ventures](https://shizune.co/investors/profile/kyros-ventures) — VC Fund, 9 deals together
- [ZBS CAPITAL](https://shizune.co/investors/profile/zbs-capital) — VC Fund, 6 deals together
- [BitScale](https://shizune.co/investors/profile/bitscale-4998) — VC Fund, 5 deals together
- [Hyperchain Capital](https://shizune.co/investors/profile/hyperchain-capital) — VC Fund, 5 deals together
- [Signum Capital](https://shizune.co/investors/profile/signum-capital) — VC Fund, 5 deals together
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund, 4 deals together

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## FAQ

### What does Coin98 invest in?

Coin98 invests primarily in Blockchain, Cryptocurrency and Gaming startups, most often at Seed and Funding Round stage. Most of the 20 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Coin98's check size?

Coin98 typically joins rounds of $1.8M–$7M at Seed and $4.1M–$5M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Coin98 participates in.

### How do I contact Coin98?

Public channels for Coin98 include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Coin98?

The team at Coin98 includes Thanh Le (Founder,CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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