BlockTower Capital Advisors LP (“BlockTower”) is a Delaware limited partnership that commenced its operations as an investment manager on August 15, 2017. Matthew Goetz and Ari Paul are BlockTower’s principal owners. BlockTower is an investment management firm that provides advisory services on a discretionary basis to privately offered pooled investment vehicles (“Funds”) and separately managed accounts (“SMAs”) (collectively, “Clients”) that are offered to certain qualified investors (“Investors”). An affiliate of BlockTower serves as the general partner or managing member of each Fund (collectively, “General Partners”). BlockTower provides advisory services to SMAs and the following Funds:
• the Flagship Fund;
• the Venture Fund;
• the Market Neutral Fund;
• the Credit Fund;
• the Ledger SPV; and
• the Blue Signum SPV. BlockTower generally invests with a focus on various Digital Assets, cryptocurrencies, cryptocommodities, blockchain-based assets and networks, and decentralized platforms or protocols that are based on the blockchain, distributed ledger, directed acyclic graph or similar technologies, and derivatives related to such assets (collectively, “Digital Assets”) as well as non-Digital Asset markets such as public equities and marketable securities, private equity and venture capital, other traditional assets and derivatives, including credit underwriting, structuring and investing. BlockTower’s advisory services consist of investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and making investments, managing and monitoring asset performance and seeking to monetize such investments. Investment advice is provided directly to the Clients subject to the discretion and control of BlockTower or the applicable general partner, and not individually to the Investors in a Fund or SMA (except for SMA’s which are directly owned and controlled by an SMA Client or Clients). The Flagship Fund BlockTower’s advisory services on behalf of the Flagship Fund consist of investments in Digital Assets and tokens, and also include broad discretion to invest, trade or otherwise participate in other securities or instruments, including any equity, debt, convertible security, commodity, derivative or other asset that may provide exposure to any goods, product, service or business in the Digital Asset or blockchain industry, to any segment of the Digital Asset or blockchain industry or to the Digital Asset or blockchain industry more broadly, or to other non-Digital Asset exposures as the Adviser may deem appropriate. The Flagship Fund has in the past acquired, and in the future may acquire, illiquid Digital Asset or equity positions, including through the use of side pockets. The Venture Fund BlockTower’s advisory services on behalf of the Venture Fund consist of identifying and making investments into Digital Assets and tokens, securities or alternative instruments that are related to or derived from Digital Assets or that represent interests in pools of Digital Assets, and equity and equity-oriented securities of privately held companies that issue, or have businesses related to, Digital Assets, blockchain or distributed ledger technology, or other technological innovation, including protocols, infrastructure and middleware, decentralized finance (“DeFi”), non-fungible tokens (“NFTs”), gaming and social tokens, focusing primarily on early stage rounds and strategic financing rounds. The Market

Neutral Fund BlockTower’s advisory services on behalf of the Market Neutral Fund consisted of multiple component strategies focused on risk-adjusted exposure to Digital Assets, such as arbitrage and yield opportunities, through investing, trading or otherwise participating in other securities or instruments, including any equity, debt, convertible security, commodity, derivate or other asset that may have provided exposure to any goods, product, service or business in the Digital Asset or blockchain industry, to any segment of the Digital Asset or blockchain industry or to the Digital Asset or blockchain industry more broadly. As of April 2023, BlockTower and the Market Neutral Fund resolved to commence an orderly wind down of the Market Neutral Fund and liquidate its assets. The Credit Fund BlockTower’s advisory services on behalf of the Credit Fund consist of investing in traditional (non-crypto- related) credit and debt assets (“Core Credit Portfolio”) by pursuing an asset-backed private credit strategy, which may incorporate a number of different credit asset classes including with respect to structured credit products, collateralized loan obligations, senior secured, asset-backed debt facilities and instruments, mezzanine asset-backed debt facilities and instruments, forward flow purchase agreements, and opportunistic credit instruments and securities (including secondary loan portfolio purchases in special situations or market dislocations). The Credit Fund also receives Digital Assets or tokens (“Token Portfolio”) through its leveraging of blockchain technology. The Ledger SPV BlockTower’s advisory services on behalf of the Ledger SPV consist of investing substantially all of its investable assets in preferred shares of a single issuer. The Blue Signum SPV BlockTower’s advisory services on behalf of the Blue Signum SPV consist of investing substantially all of its investable assets in Series B preferred shares of a single issuer. SMAs BlockTower’s advisory services on behalf SMA Clients will vary based on the SMA Agreement (“SMA Agreement”) and each Investors’ investment objective and strategy. SMA Clients are permitted to impose restrictions on their investments by, for instance, limiting exposure to certain securities or other assets, as provided in the SMA Agreement. BlockTower’s advisory services are provided to its Clients pursuant to the specific investment objectives and strategies provided in each Clients’ relevant offering documents, including private placement memoranda, investment advisory agreements, limited partnership agreements, limited liability company agreements or other governing documents and agreements (“Offering Documents”). Clients may impose restrictions on investing in certain types of assets in accordance with Fund or SMA achieving their investment objectives and strategies. BlockTower and/or the applicable General Partner has also entered into certain side letter arrangements with certain Investors pursuant to which they have agreed to vary certain of the terms applicable to any such Investor or grant to any such Investor specific rights, benefits or privileges that are not made available to every other Investor. BlockTower does not participate in a wrap fee program. As of December 31, 2023, BlockTower manages approximately $1,690,683,066.00 in regulatory assets under management on a discretionary basis. As of December 31, 2023, BlockTower does not manage any of its Clients’ assets on a non-discretionary basis.