Get the latest tech news
Inception Capital closes flagship $30M Fund of Funds focused on crypto emerging managers
The fund targeted family offices and high-net-worth individuals who want “diversified” exposure to early-stage crypto venture deals.
“This is a good calendar year to double down on the space, invest early and back entrepreneurs,” Gan said. The fund has deployed about 30% to date and plans to continue its focus on emerging managers in the crypto venture space. But going forward, Gan thinks there’s big opportunities for managers that have grown over the past couple of years to take on sovereign wealth money, endowments, pension funds or institutional FoFs that can then propel the crypto venture space “to match that in the traditional market.”
Or read this on TechCrunch