23.04.2024

Theta spends $500m in crypto-native venture capital funds

Theta Capital Management, a leading blockchain venture capital financier and fund supervisor based in Amsterdam (& lsquo; Theta Capital & -RRB-, increased $500 million in overall in 2014.

The firm will certainly spend this amount in crypto VC funds through its fund of funds program Theta Blockchain Ventures, Coin Journal learned from a press release. Looking for exposure to encouraging Web3 projects

The Theta Blockchain Ventures program is seeking diverse exposure to the most effective Web 3.0 projects in the world at their earliest appraisals in private financing rounds with an emphasis on this innovative technological paradigm & s core facilities.

Theta Capital is improving its approach&with Theta Blockchain Ventures III, its 3rd system committed to the crypto area, to take maximum benefit of the chances the present market volatility offers. The fund shuts on October 31, 2022.

Theta Capital representative John van Marle commented: Theta Capital has direct exposure to around 80 %of the best early-stage blockchain tasks in the world as a leading and also one of one of the most active financiers in the area with lots of crypto-native VC collaborations. We can provide financiers access to several exceptional possibilities that are otherwise hard to come by.

Theta Capital is a completely AIFMD licensed supervisor founded in 2001. The firm has actually been purchasing crypto-native VC companies for the past four years.

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