Inside The Crypto Mindset Of Nikhil Basu Trivedi

• Nikhil Basu Trivedi focuses on consumer crypto tools that prioritize design and emotional connection with users.
• He uses platforms like X and Substack to explore ideas and influence tech conversations without overhyping investments.

While many investors are busy chasing the latest trends, Nikhil Basu Trivedi tends to move a little outside the radar. But that’s where his precise steps are born. He’s not a name that always appears in the headlines of crypto media, but if you look deeper, his footprints are present in a number of important projects. One of them is Ledger—a hardware wallet that has become the mainstay of many crypto users.

This man’s journey did not start in the crypto industry. Nikhil grew up in Silicon Valley, then went to Princeton with an unusual major for an investor: Molecular Biology and Finance. The combination may sound odd, but it shows one thing—his curiosity about various disciplines goes hand in hand.

During college, he also co-founded Artsy, an art platform that brought him into contact with the startup world from a creative perspective.

After working at Insight Partners, he joined Shasta Ventures and later became Managing Director there. At this point, many people might feel that it was enough. However, Trivedi chose a more challenging path: founding Footwork VC. With his partners, he built the firm with around $175 million in seed funding, focused on early-stage investments.

Nikhil Bets on Human-Centered Crypto Tools

What draws Nikhil Basu Trivedi to projects like Rainbow and Ledger? It could be because his approach to technology is always grounded in the human side. He doesn’t just look at protocols or user growth numbers, but also assesses whether a product can fill a space in someone’s life.

On the one hand, Ledger offers a sense of security for people who choose to store their digital assets themselves. Rainbow, meanwhile, comes with bright colors and an intuitive design—it may seem light, but that’s where its power lies. Trivedi knows that user experience is not an extravaganza, but rather the heart of new technology adoption.

Furthermore, this approach seems to reflect his overall investment outlook. He doesn’t get hung up on buzzwords. Instead, he favors projects that build an emotional connection with their users—whether it’s a crypto wallet, a health app, or an education platform.

At Footwork, he also helped drive the growth of GPTZero—a startup that skyrocketed thanks to its AI-generated content detection product. While not crypto, it was a bold move to bet on a new field that other investors might not be comfortable with.

Nikhil Basu Trivedi: A Voice in Tech Who Prefers Questions Over Hype

Nikhil is also active on social media, especially on X. But rather than simply sharing his opinions, he often uses the platform to test ideas. One example is his Substack, “Next Big Thing,” which he fills every year with predictions, analysis, and opinions from dozens of industry figures. In the latest edition, issues around AI, crypto, and venture capital dynamics received a lot of attention.

His communication style is also far from the “digital guru” style of giving advice. He prefers to ask questions, question assumptions, and open up discussion. Perhaps that’s why so many in the industry are willing to listen, even when he’s not talking about the companies he’s invested in.

However, his standing is now increasingly being considered. This year, he made the Forbes Midas Seed List—recognition that didn’t come overnight. Names like Canva and Athelas that he helped in the early stages, have now become giants. Not because he is good at predicting, but because he dared to bet when many people were still doubtful.