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Global Coin Research
Joyce Yang founded Global Coin Research in 2021 as a research-driven venture firm bridging Western capital and Asia's web3 founders.
Global Coin Research
Yang founded Global Coin Research in 2021 after years of publishing market analysis on the same name's research platform. The firm operates from New York with a mandate focused on early-stage equity and token investments across the web3 stack, targeting infrastructure, decentralized finance, and consumer applications. The firm's core differentiation is its research-first approach to Asian crypto markets, leveraging local-language primary sourcing and on-the-ground networks that Western generalist funds typically lack. Global Coin Research deploys capital through two primary vehicles: a liquid token fund and an early-stage venture strategy. The venture arm writes first checks into pre-seed and seed rounds, with confirmed positions including infrastructure protocol Solana, DeFi platform Serum, and gaming guild Yield Guild Games. Co-investors in portfolio rounds have included Multicoin Capital and Pantera Capital (per public record, 2022). The firm's deal flow concentrates on Southeast Asia, India, and East Asia, where Yang and her team maintain direct relationships with developer ecosystems. The firm has not publicly disclosed its total assets under management or team headcount. Its sole confirmed principal is Joyce Yang, whose research reports and market commentary under the Global Coin Research brand predate the fund launch by several years. No adjacent philanthropic vehicles or operating companies are publicly known. Global Coin Research's structural difference lies in its publication-to-fund pipeline. Unlike venture firms that produce content marketing retrofitted to their portfolio, Yang built a paid research subscription with an institutional following before converting that analytical infrastructure into an investment engine. The research arm continues to publish independently, giving the fund a continuous signal loop that most crypto-native managers do not replicate.
General information
Firm type
Private Equity
Year founded
2021
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Joyce Yang
Founder and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Global Coin Research?
Joyce Yang serves as Founder and CEO, leading all investment decisions and publishing the firm's market research. Before launching the fund in 2021, Yang built the Global Coin Research media and research platform independently, establishing a track record of analysis on crypto infrastructure and Asian markets. No additional investment partners or principals are publicly disclosed.
How does Global Coin Research source proprietary deal flow?
The firm's deal origination is anchored in its research platform, which has published in-depth, primary-source reporting on Asian crypto markets since before the fund launch. This publishing activity creates a continuous inbound of founder relationships and early market intelligence from Southeast Asia, India, and East Asia. Yang's direct engagement with developer communities in these regions constitutes the core sourcing moat.
Is Global Coin Research a venture firm or a research publication?
It operates as both. The entity runs a venture capital fund making early-stage equity and token investments, while continuing to publish subscription-based market research under the same brand. The two functions are structurally integrated: the research arm identifies themes and founders that inform investment decisions, creating a distinctive publication-to-fund pipeline uncommon among crypto-native venture firms.
Does Global Coin Research participate in liquid token markets?
Yes. In addition to its early-stage venture strategy, Global Coin Research manages a liquid token fund. This dual-vehicle structure allows the firm to express conviction across different stages of protocol maturity, from pre-seed equity to publicly traded tokens, without imposing venture-only constraints on its investment thesis.
Where does Global Coin Research focus geographically?
The firm concentrates on Asia's web3 ecosystems, with deal activity documented across Southeast Asia, India, and East Asia. Yang's research background and language capabilities give the firm sourcing advantages in markets where Western venture firms often rely on second-degree introductions rather than direct, primary relationships with local founding teams.
What investment stages does Global Coin Research typically target?
The venture arm focuses on pre-seed and seed-stage rounds, positioning as a first-check investor in early-stage web3 startups. Portfolio activity documented in public records includes seed investments in protocols and platforms at the earliest stages of development, often alongside other crypto-native funds like Multicoin Capital.
Which sectors does Global Coin Research explicitly avoid?
The firm has not published explicit sector exclusions. Given its Asia-focused, infrastructure-and-applications thesis, sectors outside the web3 stack are effectively outside scope. There is no record of investments in biotech, traditional enterprise SaaS, hardtech manufacturing, or other non-crypto sectors, making those de facto exclusions by investment mandate.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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