Third Prime Crypto Fund LP
Third Prime · adviser of record: Third Prime Capital Management L.P. · 2021 vintage
Third Prime Crypto Fund LP is a 2021 venture fund managed by Third Prime, with $23.2mm raised (Form D, amount sold). It reported $36.4mm in gross assets at year-end 2025, 1.56x its size, against a peak of $59mm in 2022.
- Latest value held
- $36.4mm year-end 2025
- Peak
- $59mm year-end 2022
- Fund size
- $23.2mm Form D, amount sold
- Held vs. size
- 1.56x peak 2.54x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $36.4mm | 1.56x | -6% over 2 yrs |
| 2023 | $38.7mm | 1.66x | -34% |
| 2022 | $59mm | 2.54x | +68% |
| 2021 | $35mm | 1.51x | – |
Other funds from Third Prime
- The Midnight, A Third Prime Series LLC 2021
- Third Prime Series Investments LLC 2019
- Third Prime Alpha Fund II, LP 2018
- Third Prime Alpha Fund, LP 2016
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-7007410237. Data updated October 13, 2026.
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