A $6.1 Million Account: Examining LinkedIn Co‑founder Reid Hoffman’s Ethereum Portfolio
Arkham Intelligence reports that Reid Hoffman holds about $6.1 million in ETH at a publicly known address. He also bought a CryptoPunk NFT for roughly 150 ETH late last year. This makes him one of the most prominent venture capitalists actively invested in Ethereum. Hoffman backed crypto early, leading Greylock’s 2014 Series A investment in Xapo, a Bitcoin wallet platform. He has described Bitcoin as a disruptive asset, currency, and platform for new financial applications. In August 2023 he shifted from Greylock general partner to venture partner, while peers like Elon Musk back Bitcoin through Tesla and SpaceX holdings. Bitcoin and Ethereum saw short‑term gains after a favorable US political speech but slipped as tech stocks fell. SpaceX transferred over 1,000 BTC (about $94.5 million) to Coinbase Prime amid IPO speculation. Ethereum co‑founder Vitalik Buterin’s planned token sales attracted attention, yet the market remained largely steady.























