Framework Ventures is a San Francisco-based crypto-native venture capital firm founded in 2019 by Vance Spencer and Michael Anderson. The firm takes a high-conviction approach, primarily leading early-stage investment rounds with check sizes typically ranging from $250,000 to $40 million. They focus on sectors such as decentralized finance (DeFi), stablecoins, artificial intelligence (AI), blockchain infrastructure, and Web3 gaming. Framework Ventures distinguishes itself by actively participating in protocol development, governance, and community building, and providing hands-on support to its portfolio companies.