Maximum Frequency Ventures

This 2025 Partner Letter was originally written for MFV’s limited partners and is shared in adapted form to give prospective partners a clearer view into how we think and operate.

Most of the world’s value still moves through slow and closed systems. The shift to open and programmable protocols is already happening. Our thesis outlines why this transition is accelerating and why the most important outcomes will come from the teams building the underlying rails. At MFV, we’ve lived this shift firsthand and built infrastructure under real scale, which is why we’re backing founders who are turning these protocols into the foundation of the next economy. https://lnkd.in/e8_FR-Q6

Markets get noisy when prices move. It is natural to feel uncertain, but sharp pullbacks have always been part of crypto’s cycle. What matters is whether the fundamentals have changed. They haven’t. As Mo Shaikh said on Yahoo Finance’s Trader Talk podcast, big drawdowns are often when long-term investors do their best work. Panic usually leads to the wrong decisions. Patience and focus usually lead to the right ones. This is not a time to panic. It’s a time to look closely, think clearly, and keep building. https://lnkd.in/eFfjwaFf 

Watch Mo Shaikh on theCUBE from the floor of the NYSE where he talked about connecting Web3 to Wall Street and what’s next for innovation. At Maximum Frequency Ventures, we’re helping founders turn ideas into real companies – bridging capital, markets, and adoption. The next chapter of crypto is about building things that matter. 

MFV doesn’t just invest. We help founders build for scale.

In crypto, raising money isn’t the hard part, building something that lasts is. Too many funds wait for a token event. We’re on the ground with founders, refining products, recruiting teams, finding early users. That’s the operator-led model behind MFV, a $50M fund built by founders who’ve scaled from idea to ecosystem. Great to share the story with Ben Weiss at Fortune on how hands-on capital is changing what it means to be a crypto VC. https://lnkd.in/gSktQJpd

I’m back and excited to share Maximum Frequency Ventures inaugural $50m fund with the world. MFV was built as an evolution to venture capital in crypto. CT is quick to dunk on VCs, often rightfully so, but venture capital remains still one of the strongest forces for good in this industry. Mo Shaikh, Alexandre T., Jerome Ong and I built MFV as a vehicle designed to support founders to build generational companies while we remain in the trenches with them. Supporting builders was the best part of working at Aptos - seeing hungry founders grind and win. We cultivated 200+ projects with a collective $150m raised across them. Those experiences taught us what great founders need and where VC often falls short. That realization led us here. We’re a VC that spends more time building than investing. Rolling up our sleeves is the foundation for this venture. Our team came together naturally as we saw ~90% of the collective business outcomes at Aptos. From the biggest partnerships to ecosystem-defining deals, we’ve lived the highs and lows of scaling in real time and we’ll bring that same experience to every company we invest in. The timing couldn’t be better. The next wave of crypto demands builders who can execute with precision, resilience, and speed. We’re ready to match that energy. It’s time for VCs to build. MFV will be in the trenches. See you there. More from Fortune: https://lnkd.in/eF2Dwmks

We’re live. Introducing Maximum Frequency Ventures (MFV), a $50M operator-led fund built to truly support the next generation of crypto founders. At BCG, we always said it’s about the people, and that’s never felt more true. I’m grateful to have found mine: Mo Shaikh, Neil Harounian, and Jerome Ong — co-founders I also call close friends. Together, we combine deep Web3 instincts (from launching tokens and scaling protocols) with institutional discipline (navigating complex stakeholder environments). We exist to solve one of the biggest gaps we faced while building Aptos into a US$20BN+ protocol: investors who understood capital, but not operations. MFV brings the Founders Fund moment to Web3, this time, globally. Between the four of us, we’ve operated across every major crypto market (the US, Western Europe, Greater China, SEA, GCC, and Japan/Korea), giving our founders access to cultural fluency, local deal-making capability, and regional business networks that few funds can match. We’ve gone to battle together for many years, and we’ll bring that same intensity and chemistry to every founder we back. Since Q1, our portfolio has already grown to several companies across different regions and verticals — more on them soon. If you’re a founder or exceptional talent ready to build your life’s work, let’s connect. https://lnkd.in/gA4ZFiAd