Theta Capital Management has successfully raised over 175 million USD to support institutional investors in early-stage blockchain startups. The fund, named Theta Blockchain Ventures IV, focuses on venture capital in the crypto sector. Founded in 2001, Theta Capital has been specializing in digital asset management since 2018 and currently manages approximately 1.20 billion USD in assets.

Crypto investment firm Theta Capital Management closed a raise of more than $175 million for a fund-of-funds that will back institutional investors in early-stage blockchain startups. The vehicle, Theta Blockchain Ventures IV, will target venture capitalists with a specialism in crypto, Ruud Smets, the company’s managing partner and chief investment officer said in an interview. Founded in 2001, Theta began focusing on digital assets in 2018 and now manages about $1.2 billion in assets.

Theta Capital successfully raised 175 million USD to support blockchain startups