Crypto VCs Strike Back: $175M Power Move Shakes Up Blockchain Investing!

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Picture, if you will, a Dutch financier—perhaps with tulips in one hand and a ledger in the other—waltzing through the labyrinthine corridors of digital fortune. Theta Capital Management, that venerable Amsterdam institution (est. 2001, back when crypto was but a twinkle in Satoshi’s eye), has just conjured $175 million from the ether. Not to sprinkle upon blockchain startups directly—oh no, that would be far too pedestrian—but to lavish upon those mysterious creatures known as crypto venture capitalists. 🦄

Theta’s latest opus, Theta Blockchain Venture IV (because sequels are always better, right?), is less about picking winners and more about betting on the bookies. The logic? Only those who’ve marinated long enough in the cryptoverse can sniff out the next big thing before it becomes yesterday’s meme coin. Generalist investors, kindly take your seat at the kids’ table.

Ruud Smets, Theta’s managing partner and chief investment officer (and possibly a connoisseur of both fine cheese and market cycles), assures us that these crypto-native VCs have amassed such an advantage over time that mere mortals can only gaze in envy. Their experience compounds like interest—except, presumably, without the existential dread of negative rates.

Theta now presides over a cool billion dollars in assets, which is almost enough to buy a decent apartment in Amsterdam. Or perhaps a few JPEGs of apes wearing sunglasses. Either way, the message is clear: crypto VCs are back, baby, and they’re bringing their friends—and their friends’ money.

Source: Galaxy Theta Capital Targets Crypto-Focused VCs

For more on this financial ballet, pirouette over to Coingape.com. 💃🤑

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2025-05-21 14:47