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

Amsterdam-based leading blockchain venture capital investor and fund manager Theta Capital Management (Theta Capital) raised a total of $500 million last year.

The company plans to invest this amount in a crypto VC fund through its Fund of Funds program Theta Blockchain Ventures, Coin Journal said. press release.

Seeking exposure to promising Web3 projects

The Theta Blockchain Ventures program is the earliest valuation in a private funding round, with a focus on the core infrastructure of this innovative technology paradigm, seeking diverse exposure to the world’s best Web 3.0 projects.

Theta Capital is building a strategy for its third platform dedicated to the crypto space, Theta Blockchain Ventures III, to take full advantage of the opportunities presented by current market volatility. The fund will end on October 31, 2022.

John van Marle, President of Theta Capital, commented:

As one of the leading and most active investors in the space with dozens of crypto-native VC partnerships, Theta Capital is involved in nearly 80% of the world’s best early-stage blockchain projects. We are able to give investors access to many great opportunities that are otherwise hard to come by.

Theta Capital is a full AIFMD license manager founded in 2001. The firm has invested in his VC firm, a crypto native, for the past four years.