Blockchain Capital Secures $580 Million for Two Groundbreaking Crypto Venture Capital Funds

Most of the limited partners of Blockchain Capital are traditional institutional investors, such as university endowments, private foundations, financial institutions, sovereign wealth funds, and U.S. pension plans, according to Jason Di Piazza, the firm’s head of capital formation. In an emailed statement to CoinDesk, Di Piazza highlighted the diverse range of investors that have chosen to invest in the firm.

Blockchain Capital has attracted a wide array of institutional investors, reflecting the growing interest in blockchain technology and its potential for disruption across various industries. These investors recognize the transformative power of blockchain and are keen to capitalize on its potential.

The inclusion of university endowments as limited partners is particularly noteworthy, as it demonstrates the increasing acceptance and recognition of blockchain as a legitimate asset class. Universities, known for their conservative investment strategies, are now embracing the potential of blockchain technology and its ability to generate significant returns.

Financial institutions, another key group of limited partners, are also recognizing the value of blockchain. These institutions see blockchain as a way to streamline their operations, reduce costs, and enhance security. By investing in Blockchain Capital, they are positioning themselves at the forefront of this technological revolution.

Sovereign wealth funds, which manage the assets of nations, are also joining the ranks of limited partners. These funds are known for their long-term investment strategies and are attracted to the potential of blockchain to create sustainable and scalable solutions for various sectors.

U.S. pension plans, responsible for managing retirement funds for millions of Americans, are also investing in Blockchain Capital. By allocating a portion of their portfolios to blockchain, these pension plans are diversifying their investments and seeking to generate higher returns for their beneficiaries.

The involvement of these institutional investors highlights the increasing mainstream adoption of blockchain technology. As more traditional investors recognize the potential of blockchain, the industry is poised for further growth and development.

Quotes:

“Most of Blockchain Capital’s limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans.” – Jason Di Piazza, Head of Capital Formation, Blockchain Capital.

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J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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