Caruso Ventures

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.

Maven 11 is a crypto-native fund that partners with brave outliers challenging the status quo by redefining ownership. Our core belief is that by redefining ownership, you create a more open, transparent and inclusive world. Maven 11, which was among the earliest crypto-focused venture capital firms to be registered in Europe, initiated its inaugural fund in 2017. Since then, it has evolved into the M11 Group, a company that boasts a team of over 20 professionals with a global presence across all continents. The M11 Group now offers a range of products, including multiple Venture Funds, Credit Pools, and Asset Management services.

Since 2013, Pantera has invested in digital assets and blockchain companies, providing investors with the full spectrum of exposure to the space. Involved from the start Pantera Capital was founded by former Tiger Management Head of Macro Trading and CFO Dan Morehead. Pantera’s global macro strategy invested over $1 billion of institutional allocations. In 2013, Pantera created the first blockchain hedge and venture funds in the United States. 4 Office locations spread across the Bay Area, New York, and Puerto Rico $242 million Pantera Venture Funds have realized $242 million on $57 million of invested capital across 28 companies. 210 Pantera has led about half of 210 investments since 2013. A history of firsts Pantera launched the first cryptocurrency fund in the U.S. when bitcoin was at $65 /BTC in 2013. The firm subsequently launched the first blockchain-focused venture fund. In 2017, Pantera was the first to offer an early-stage token fund. Pantera at a glance$3.7bn Assets Under Management 3 Fund Strategies 75% Deals Led (Blockchain Fund) 100 Venture Investments 110 Early-Stage Token Investments 40% Investments Outside U.S. Investment typesVENTURE EQUITY: Exposure to equity in companies building products and services in the nascent blockchain ecosystem. Our long standing reputation and technical edge allows us to see virtually every deal in the market, and lead about half of our portfolio company investments. EARLY-STAGE TOKENS: Exposure to new, efficient, and scalable protocols. Similar to venture capital equity, but investing in tokens (not companies) during the private stage at a discount to the listing price. LIQUID TOKENS: Exposure to the largest and most liquid digital assets. We use our deep market and technical expertise to trade tokens while exploiting market inefficiencies.

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.

Red Beard Ventures has developed an ecosystem of platforms, investment vehicles, Web3 properties, DAOs, and influencer relationships, to ultimately further the adoption of Crypto and Web3 platforms. The Red Beard Ventures Syndicate has established our brand as a major investment player in the web3 ecosystem over the past 18 months. With investments in over 100 companies, deploying $40m in capital, and a growing network of over 3,000 strategic LPs, the RBV brand and ecosystem is rapidly expanding. RBV Fund I is only a few months old, and due to our syndicate, we have the portfolio, advisory/diligence network, and brand cache of an established fund of many years. The ability to facilitate partnerships across the fund and syndicate portfolio companies has already produced value in a number of instances. The combination of RBV Fund I and the RBV Syndicate as investment platforms enables Red Beard Ventures to offer unique benefits to both our LPs and portfolio founders. For portfolio founders, we can invest across all stages building long-lasting investment relationships with the companies. In addition, because we offer opportunities to our syndicate to participate alongside the fund, we can write bigger checks beyond the constraints of our fund. For LPs, the syndicate provides opportunities at later stage deals, co-investment opportunities to double down on deals, and exposure to other frontier technology sectors outside of Web3. Red Beard Ventures is not a traditional venture capital firm. As the Web3 space develops a group of investors will gain dominance. The common factor across all of these firms will be their ability to not only act as a source of capital, but function as a multifaceted brand and participating partner in the ecosystems the companies are developing, often powered by their token assets. RBV’s ecosystem positions us to secure allocations in competitive rounds, create relationships with thought leaders, and support portfolio companies in a differentiated way.