Overview
The Adviser is a limited liability company incorporated under the laws of the State of Delaware.
It was founded in 2017 and operated as an Exempt Reporting Adviser with the US Securities
and Exchange Commission (“SEC”) from 2017 to 2021, at which time the Adviser applied for
full registration as an investment adviser with the SEC.
The Adviser provides advisory services on a discretionary basis to its clients, which are pooled
investment vehicles (the “Private Funds”) intended for sophisticated investors and institutional
investors. Investment advice is provided directly to the Private Funds, subject to the discretion
and control of the applicable Private Fund’s general partner (a “General Partner”), and not
individually to the investors in a Private Fund. The Adviser’s strategies include acquiring,
holding, and disposing of virtual currencies and digital tokens of all kinds (collectively, “Virtual
Assets”) and seed and venture capital
investing, through acquiring, holding, and disposing of
convertible debt, convertible equity and equity securities issued by private companies whose
primary business is related to Virtual Assets. Adviser manages and supervises such
investments; engages in such other activities as are customary to angel and venture capital
investment funds; and engages in any other lawful activities determined by the Adviser to be
necessary or advisable in furtherance of the foregoing activities.
The Adviser bases its advice to clients on the investment objectives and restrictions (if any) set
forth in such Private Fund’s applicable offering documents, organizational documents, and
subscription agreements (each, a “Governing Document,” and collectively, the “Governing
Documents”).
As of December 31, 2023, the Adviser had approximately $520,619,257 client assets under
management. The Adviser does not manage any client assets on a non-discretionary basis.