Digital Currency Group

Varys Capital is a total return fund providing secure access to the digital asset class through its dual approach to investment returns in venture capital and quantitative trading strategies. In order to accomplish this goal, Varys Capital relies on its 3 Pillars. 1. RELATIONSHIPS Deep connections in the blockchain landscape and an unblemished reputation take time and effort to secure, foster, and cultivate. This integrity is the fiber running through each interaction in and outside our investor base. At Varys Capital, an investor isn't just a financial asset but rather a confidant leveraged to make only the most calculated of decisions. Each LP is carefully handpicked taking into account a number of factors, with value add serving as the cornerstone of our strategy rather than financial contribution capacity. Collective perspectives are one of our biggest holdings. 2. INFORMATION The digital asset landscape is constantly evolving - historical data is limited and consensus approaches to quantifying asset values and relationships are scarce. This presents a unique opportunity to exploit market volatility, but only with the use of pre-emptive intelligence and carefully assessed risk. The fund employs quantitative analysis to invest in primary and secondary opportunities leveraging market extrapolations and automated trading practices closely monitored and adjusted daily. To complement Varys Capital's quantitative approach, the fund also takes event-driven discretionary positions and special situation-type trades across physical and derivative markets. 3. MANAGEMENT Being proactive as opposed to reactive is a necessity in respects to capital placement and management within the digital asset ecosystem. Developing a fine-tuned infrastructure is only possible with the aid of high caliber personnel employing formats of internal checks and balances, as well as adhering to a set of standards that unequivocally produce results. Varys Capital's efficiency originates from the management team, each possessing over a decade of experience in cross-complementing arenas. Operating as a true meritocracy, the entire fund is united under the same mandate. Venture Varys Capital only invests in projects with true utility and long-term viability after careful consideration of multiple proprietary factors. The portfolio is now heavily focused on decentralized financing (DeFi) related platforms and services. The market landscape has shifted the fund's portfolio emphasis to be centered on early-stage investments and equity plays matched with well-defined exit strategies. Trading Varys' quantitatively-driven, ultra-low-latency and high-frequency strategy stack, seeks to maximize risk-adjusted returns and minimize downside volatility, leveraging both to exploit profit-rich opportunities. Asymmetrically weighted position and risk exposure enable the trading desk to not only constantly seek alpha, but to minimize risk concurrently.

OP Crypto is a high conviction, early-stage venture capital firm that connects Asia and the West by investing in founders & asset managers that build game-changing global products and business models in the Web3 ecosystem. OUR FUNDS Our investment vehicles are dedicated to accelerating the growth of the Web3 ecosystem on a global scale. We adopt a disciplined, high conviction investment approach to identify the most influential founders & fund managers. Our hands-on portfolio management approach allows us to provide the best-in-class portfolio support, advisory, operational guidance and access to industry-leading deal flow and expert networks to help our founders & fund managers scale their companies into major industry players.

In 2013, we started the first venture capital fund dedicated to crypto builders. Now, we have over $2 billion in assets under management and are actively investing out of our sixth multi-stage fund. Our value prop is simple - we leverage our industry experience, conduct diligent research, and always put our founders and their teams first.

Hodl Ventures proudly represents the venture capital arm of Hodl. We help professional investors get exposure to early-stage investments into the startups that will shape the future of the digital assets market. We are committed to providing our investors with the best opportunities in the emerging market of crypto & blockchain. Long-term collaboration is the primary part of our investment thesis. We look for projects with a clear long-term vision and provide them with the necessary funding, guidance and network. Our value proposition Unique opportunities: The Venture Capital industry is incredibly difficult to access for individual professional investors while the opportunities are endless. We help investors access the unique opportunities of early-stage investments into the most promising blockchain startups. Boutique Investments: The majority of Venture Capital Funds have become too big in terms of capital, which constrains them from investing in smaller tickets. We leverage this to our advantage, seizing the opportunities with the highest growth potential. European regulated: Due to our European base of operations, Hodl Ventures is building on regulated structures enabling us to provide our investors with safe and secure crypto investment products.

We make high-conviction, thesis-driven bets in ambitious & visionary crypto founders at the earliest stages. BTVC is a $150m fund that leads / co-leads rounds in pre-seed to Series A stage crypto companies globally, including Lighthouse, Centrifuge, Aptos, and Superform. You can read more about our recent Forbes coverage here. BlockTower VC is one of three primary funds comprising BlockTower Capital, an institutional investment firm founded in 2017. Our family of strategies spans liquid token, quantitative, venture, and credit, and allows us to support teams throughout their entire lifecycle. Beyond providing capital, this unique structure allows us to become active participants and power users of their products and services.