These six tokens deliver up to 130x paper profit for VC investors

Venture capital investors are sitting on significant unrealised gains in a handful of smaller crypto tokens. Bitway takes the crown with an average paper gain of 130x relative to the average entry price. That is according to figures from CryptoRank, which tracks the portfolios of early investors. The remaining tokens on the list range from 14x to 27x, indicating that early financing rounds sometimes sit far below the current market price.

In brief:

• Bitway delivers VC investors an average unrealised gain of 130x, the highest on the list.
• Stable, o1.exchange, ADI Chain, Pieverse and CAP follow with gains of 14x to 27x.
• These are paper gains: the positions have not yet been sold.

Bitway far ahead of the rest of the pack

According to CryptoRank, Bitway (BTW) is the absolute outlier in the ranking of tokens with the highest average unrealised gains for venture capital investors. With a factor of 130x, the token sits well above the rest of the list.

In second place is Stable (STABLE) with 27x, followed by o1.exchange (O) with 19x. ADI Chain (ADI) records 16x, while Pieverse and CAP each come in at 14x.

Paper gains don’t tell the whole story

It is important to note that these are unrealised gains. The early investors have not yet sold their positions, which means the actual return may differ from this calculation. The factor is determined by comparing the current price with the average entry price of the venture capital firms that took part in early financing rounds.

High unrealised gains can also be a signal for investors to be extra vigilant. When early investors hold large gains, there is a chance they will at some point decide to reduce their positions, which could put pressure on the price. CryptoRank tracks this kind of data on crypto tokens in real time through its platform, which stands out for its focus on early-stage financing and token unlocks.