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Inception Capital Closes M Fund of Funds for Crypto Emerging Managers | FinOracle

Inception Capital Closes $30M Fund of Funds for Crypto Emerging Managers

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Home Cryptocurrency

Inception Capital Closes $30M Fund of Funds for Crypto Emerging Managers

Inception Capital has closed a $30M fund targeting early-stage crypto ventures. The fund aims to provide diversified exposure and downside protection.

by John Darbie
Wed, Jan 17, 2024 7:05pm
in Cryptocurrency
• 2 mins read
14.5k
Inception Capital Closes M Fund of Funds for Crypto Emerging Managers | FinOracle

Photo: Finoracle.me

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Inception Capital closes $30M fund, targeting early-stage crypto ventures

Inception Capital, formerly known as OP Crypto, has announced the successful closing of its inaugural fund at $30 million. David Gan, the founder and general partner of the firm, exclusively shared this news with TechCrunch. The fund, called OP Fund of Funds I LP, was specifically designed to target family offices and high-net-worth individuals seeking diversified exposure to early-stage crypto venture deals. Notable investors in this fund include Mirana, FJ Labs, and Serafund. Gan stated that this vehicle provides a hedge and risk-adjusted downside protection for those looking to gain exposure to the crypto space.

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