Theta Capital Management launches blockchain infrastructure fund

Theta Capital Management, an Amsterdam-based investment firm specialising in hedge funds and crypto-native venture capital, has launched Theta Blockchain Ventures III, a fund investing in early stage blockchain infrastructure projects.

Theta Capital Management, an Amsterdam-based investment firm specialising in hedge funds and crypto-native venture capital, has launched Theta Blockchain Ventures III, a fund investing in early stage blockchain infrastructure projects.

The new fund extends the firm’s Fund of Funds programme, which it utlises to invest in crypto-native VC. Through its extensive network of specialised VC firms, the company has invested more than $500 million so far and has supported numerous well-known companies and protocols from the very beginning.

John van Marle of Theta Capital: “We believe that blockchain technology has immense value over the long term, and that our diversified approach is particularly well-suited to the current market environment. While there is localised risk within the crypto ecosystem, now is the ideal time to build diversified exposure to this innovative and transformative technology across verticals.” He adds: “There has been a clear decoupling between technological progress and increased adoption on the one hand and investor sentiment on the other. The poor macro backdrop and the actions of several bad actors has contributed to this low in sentiment. For us, it provides an opportunity to further establish our footprint in this industry at a highly opportune time.”