Theta Capital introduces a new $200M fund, Theta Blockchain Ventures IV, targeting early-stage blockchain infrastructure.

Theta Capital Management B.V., a leading global investor in blockchain venture capital funds, has launched Theta Blockchain Ventures IV, a significant new fund aimed at investing in the foundational infrastructure of blockchain technology. With a targeted total of $200 million in commitments, the fund marks a strategic move to capitalize on what Theta Capital views as a generational investment opportunity within the blockchain sector.

Theta Capital has a history of deploying over $650 million in the blockchain space, backing many prominent companies and protocols from their inception. This latest fund is a continuation of Theta’s successful fund of funds program that invests in crypto-native venture capital firms, which have played a pivotal role in the development of over 80% of the leading crypto projects today.

Ruud Smets, Chief Investment Officer at Theta Capital, expressed optimism regarding the recovery from the 2022/2023 crypto winter and the beginning of the industry’s fifth price-innovation cycle. Smets identified the present time as an unparalleled opportunity to invest in the infrastructure that will power the future of blockchain technology.

Theta Blockchain Ventures IV is scheduled for its first close on April 1, 2024, with subsequent monthly closings leading up to an expected final close on July 1, 2024. This announcement comes on the heels of Theta’s recent publication, “The Satellite View,” a report offering insights into the future of blockchain investment from some of the crypto sector’s most influential voices.

“The Satellite View” asserts that blockchain technology is not just a trend but the bedrock for the next evolution of the internet, poised to modernize financial systems and commerce in a manner akin to the revolution brought about by the previous generation of internet protocols.

In line with the launch, Theta Capital is hosting a series of webinars to delve deeper into the investment thesis for Theta Blockchain Ventures IV and the ongoing advancements in blockchain technology. Interested parties are encouraged to reach out to Theta’s Investor Relations team for more information or to register for the events.

Founded in 2001, Theta Capital Management has built deep domain expertise and a leading position in the universe of crypto-native venture capital. The firm has been an active investor in blockchain technology since January 2018 and continues to be at the forefront of identifying and supporting the next wave of innovation in the space.

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