OP Crypto, a venture capital firm that invests in early-stage blockchain projects, launched a new ‘fund of funds.’OP Crypto, a venture capital firm, said on Thursday that it has launched a new fund to invest in fund managers focused on early-stage crypto investments.
“We offer a fairly downside protected safe haven vehicle with a very diversified portfolio base," they added."Especially for investors that are not as crypto native, this is the ideal vehicle to gain diversified exposure with a single check where LPs can also double down on investments that fit their thesis via co-investment opportunities from managers within the FOF vehicle.”
“From our venture vehicle perspective, we take a very disciplined approach to investing, having only invested 20% in the past year, and looking to double down when there is a market downturn at reasonable valuations,” said He and Gan.
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