Talking to crypto venture capitalists these days feels a bit like talking to hockey players on the car ride home from the last big tournament of the season. There was a lot of action in a really short period of time. The stands were full and everyone was watching. There were winners and there were losers. Now it’s summer and everyone’s resting up before next season begins. But make no mistake: everyone’s out retooling themselves with the newest skates and sticks—or raising new venture funds—getting ready to soon compete again.

Multicoin Capital and Lightspeed Faction certainly fit that bill. Multicoin this week announced the close of its third venture fund totaling $430 million, and said it will be writing checks from $500,000 to $25 million for early stage companies and even $100 million checks with the help of Multicoin’s hedge fund vehicle. Lightspeed Faction—a blockchain-focused fund formed as a joint venture between Lightspeed Venture Partners and Faction Ventures—has raised $325 million so far, according to a report from Fortune. (Faction declined to comment on funding.)