# David Hoffman

> David Hoffman is a seed investor at Bankless (Seattle) backing Blockchain and Internet. See 11 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Bankless](https://shizune.co/investors/profile/bankless)
- Location: Seattle, United States
- Total investments: 11
- Last investment: Feb 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/david-hoffman-326945160/
- X (Twitter): https://twitter.com/TrustlessState
- Website: https://x.com/TrustlessState

David Hoffman is a seed investor at Bankless in Seattle focused on Blockchain and Internet. David Hoffman began his professional career starting in the cryptocurrency and blockchain industry. David has been consulting and advising blockchain startups since 2017, in order to ensure these new teams are building products that are in alignment with the ethos found in the cryptocurrency community. David has consulted for 12 cryptocurrencystartups, from various industries such as insurance, healthcare, supply chain management, and gambling David operates a cryptocurrency focused podcast called POV Crypto, where prominent guests come to discuss their views and predictions about the cryptocurrency and blockchain industry. POV Crypto is praised for it’s balanced arguments between the co-hosts and guests, in its attempt to bring unbiased arguments into the space. Additionally, David frequently writes articles about the Ethereum ecosystem, MakerDAO, and token economics, and is a leading advocate for the adoption of the decentralized finance industry.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$6M |
| Series A | $8M–$32M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 8 | 73% |
| Internet | 2 | 18% |
| Cryptocurrency | 2 | 18% |
| Financial Services | 2 | 18% |
| Decentralized Finance (DeFi) | 2 | 18% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 64% |
| Series A | 3 | 27% |
| Pre-Seed | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 7 | 64% |
| United Kingdom | 2 | 18% |
| Spain | 1 | 9% |
| Australia | 1 | 9% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Omega | Omega is a Web3 infrastructure supplier that makes it possible for idle bitcoin to be collateralized for DeFi yield production. | $6M | Seed | Feb 06, 2024 |  |
| Pimlico | Pimlico is an infrastructure platform for building the next generation of Ethereum smart accounts. | $1.6M | Pre-Seed | Sep 25, 2023 |  |
| Soul Wallet | Soul Wallet is a smart contract wallet. | $3M | Seed | Mar 16, 2023 |  |
| Phi | Phi is a social gaming platform that focuses on 'on-chain Identity' using ENS and wallet activity. It allows users to build their web3 cities based on their wallet activities. The platform also offers a variety of features such as Silver Gas Saver, Supersonic Bat, Gold Gas Saver, Hypersonic Bat, Iron Gas Guzzler, and Ethereum Wallpaper.Phi also provides a user guide for its users to understand how to play and access Phi Land, and how to create their Phi Land. The platform is designed to be immersive and interactive, providing a unique gaming experience for its users. | $2M | Seed | Feb 17, 2023 |  |
| NiftyApes | NiftyApes is a smart contract that offers mortgages, loans, borrowing, and lending of NFTs with permissionless refinancing. | $4.2M | Seed | Nov 01, 2022 |  |
| Swell | Swell is the restaking chain, powered by Proof of Restake. The protocol is backed by the industry's best venture capital firms and angels. | $3.8M | Seed | Mar 14, 2022 |  |
| Voltz Labs | Voltz Labs is a defi primitive that empowers leveraged interest rate swaps. The company was founded in 2021 and is headquartered in Road Town, D8. | $6M | Seed | Jan 01, 2022 |  |
| Hyype | Hyy.pe is an NFT display and gallery-based social network where NFT communities will find a home to connect, share stories, and collaboratively build their history. | $2M | Seed | Oct 26, 2021 |  |
| DELV | Element is an open source protocol for fixed and variable yield markets. | $32M | Series A | Oct 19, 2021 |  |
| Euler | Euler is a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third party. | $8M | Series A | Aug 25, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [Robot Ventures](https://shizune.co/investors/profile/robot-ventures) — VC Fund, 3 deals together
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund, 2 deals together
- [Framework Ventures](https://shizune.co/investors/profile/framework-ventures) — VC Fund, 2 deals together
- [P2 Ventures](https://shizune.co/investors/profile/polygon-ventures) — VC Fund, 2 deals together
- [1confirmation](https://shizune.co/investors/profile/1confirmation) — VC Fund, 1 deal together
- [Advanced Blockchain](https://shizune.co/investors/profile/advanced-blockchain) — VC Fund, 1 deal together

## About Bankless

VC Fund

Bankless is an ultimate program for crypto finance.

2 contacts available at Bankless.

| Name | Title | Profile |
| --- | --- | --- |
| David Hoffman | Founder | https://shizune.co/investors/profile/david-hoffman-0a72 |
| Lucas Matney | Editorial Chief | https://shizune.co/investors/profile/lucas-matney |

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## FAQ

### What does David Hoffman invest in?

David Hoffman invests primarily in Blockchain, Internet and Cryptocurrency startups, most often at Seed and Series A stage. Most of the 11 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is David Hoffman's check size?

David Hoffman typically joins rounds of $2M–$6M at Seed and $8M–$32M 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 David Hoffman participates in.

### When did David Hoffman last invest?

The most recent investment recorded for David Hoffman closed in Feb 2024. Shizune tracks 11 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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