Theta Capital Management Launches Theta Blockchain Ventures III to Capitalize on the Crypto Bear Market

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Theta capital management

AMSTERDAM, Jan. 30, 2023 (GLOBE NEWSWIRE) — Theta Capital Management, the Amsterdam-based specialist in hedge funds and crypto-native venture capital, has launched its third Theta Blockchain Ventures vehicle to invest in the core infrastructure of blockchain from the earliest stages.

Theta Blockchain Ventures III is a continuation of the Thetas Fund of Funds program which invests in crypto-native VCs. The company has deployed over $500 million to date and has backed many leading companies and protocols from the early stages through its extensive network of specialist venture capital firms.

John van Marle of Theta Capital, said, “We believe blockchain technology has immense long-term value and our diversified approach is uniquely suited to the current market environment. While there is localized risk within the crypto ecosystem, now is the perfect time to build diversified exposure to this innovative and transformative technology across all verticals.

Theta Blockchain Ventures’ investment thesis is that the digital infrastructure provided by cryptographic protocols is rapidly becoming the financial backbone of an increasingly digital world. The technology continued to advance rapidly through 2022 and into 2023 and continues to resolve its early bottlenecks. It’s reached an inflection point where it’s now ready to start onboarding hundreds of millions of users. Already, these cryptographic protocols support trillions of dollars of economic activity.

There has been a clear decoupling between technological progress and increased adoption on the one hand and investor sentiment on the other. The lackluster macro backdrop and the actions of several bad actors contributed to this weak sentiment. For us, this gives us the opportunity to further establish our footprint in this industry at a very opportune time, says Van Marle.

About Theta Capital

Founded in 2001, Theta Capital Management is a leading specialist in alternative strategies. Theta Capital Management was among the first and largest institutional investors in the world to invest in blockchain technology. Its expertise in the field has made it the preferred partner of many crypto-native VCs as well as underlying crypto projects.

The story continues

Theta Blockchain Ventures III is a 10-year-old venture capital fund dedicated to early-stage venture capital investments in blockchain technology. Through its series of blockchain venture capital funds, Theta has captured exposure to over 80% of major crypto projects, all early on. Final closing of Theta Blockchain Ventures III is scheduled for March 31.

For more information, please visit:

Theta Capital Management – Home

contacts:

Citigate Dewe RogersonChristen Thomson, [email protected]

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