RECOGNIZE THE BLOCKCHAIN INVESTING OPPORTUNITY - 2

Blockchain Coinvestors Newsletter

Vol. 4, No. 13, May 2022

RECOGNIZE THE BLOCKCHAIN INVESTING OPPORTUNITY - 2

The next closings of Blockchain Coinvestors Fund III (Fund of Funds), Fund IV (early stage token strategy), and Fund VI (mid stage growth strategy) will be in June. Please send in your LOI if you wish to participate in this closing or increase your commitment if you've already invested.
 
We believe the timing for investing into early stage blockchain companies and projects is ideal. Our investment thesis remains on point as we are seeing a global acceleration towards digital monies and assets. Meanwhile, the historical evidence shows that venture capitalists outperform following a downturn. Furthermore, early stage venture capital remains the highest performing asset class and blockchain is the highest performer within venture capital. We have recently recorded a webinar called Recognize the Opportunity that recaps how well positioned our funds are in this context.

 

Fund III has already invested into 25+ of the premier blockchain venture capital firms including 1confirmation, Blockchain Capital, Castle Island, Dragonfly, Fabric Ventures, Hashkey, Haun, Pantera, Parafi, and many others. Many of these funds are oversubscribed and/or have multi-million minimums so Fund III is a practical way of making one investment and getting broad global diversification into many of the best blockchain venture funds. If you would like to see the full list of funds that you will be invested into please check out the portfolio page of our website and filter for Fund III. The fund is mostly uncalled so our VCs are well positioned to invest into any downturn.

 

Meanwhile our early stage and mid stage growth investment strategies are primarily in cash and well positioned for buying opportunities.


Return the attached LOI so you don’t miss out on these opportunities.

Thank you for reading.

Alison Davis

Matthew C. Le Merle

ABOUT BLOCKCHAIN COINVESTORS

 

Launched in 2014, our goal is to provide broad coverage of the emerging unicorns and fastest growth blockchain companies and crypto projects. The strategy is now in its 9th year and has to date invested in more than 40 pure play blockchain venture funds in the Americas, Asia and Europe; and in a combined portfolio of 400+ blockchain and crypto projects including approximately 50% of all blockchain unicorns. Our funds rank in the top decile amongst all funds in their respective categories on both Pitchbook and Preqin. Headquartered in San Francisco with a presence in Grand Cayman, London, New York, Zug and Zurich, the alternative investment management firm was co-founded by Alison Davis and Matthew Le Merle.

FUND PERFORMANCE

 

Blockchain Coinvestors Fund III (Fund of Funds) was created to provide diverse coverage of the best blockchain pure play venture funds in the Americas, Asia, and Europe. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 4.72x with an IRR of 72%. Fund II shows equally impressive early results with Net TVPI of 2.08x and an IRR of 146%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.

BLOCKCHAIN COINVESTORS FUNDS

Blockchain Coinvestors’ goals are to provide broad coverage of the emerging unicorns and fastest growth blockchain companies and to capture superior returns from investing in the leading blockchain venture partnerships. Our funds are open to investors that meet the Qualified Client definition with a minimum subscription level of $250,000 at the discretion of the Manager. 

 

  • Blockchain Coinvestors Fund III (Fund of Funds) was created to provide diverse coverage of the best blockchain pure play venture funds in the Americas, Asia, and Europe. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 3.64x with an IRR of 69%. Fund II shows equally impressive early results with Net TVPI of 1.72x and an IRR of 161%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.

  • Blockchain Coinvestors Fund IV (Early Stage Token) provides direct access to promising private stage token projects accessing our relationships with many of the world’s leading blockchain investors. We leverage asymmetrical information from our 40+ VC Funds to pick the most attractive opportunities. This is a continuation of the direct token investing strategy of the Fund Manager that has included private stage investments in Acala, Filecoin, NEAR, Polkadot, Structure, and others.

  • Blockchain Coinvestors VI (Mid Stage Growth) provides direct exposure to the emerging category leaders in the blockchain and crypto ecosystem. The fund leverages our unique sustainable competitive advantage (USCA) in blockchain, web3, and fintech to create a concentrated portfolio of between 20 and 30 investments with attractive return profiles and visible paths to liquidity. The fund assesses the more than 400 blockchain and crypto projects in which we are direct and indirect investors and employs a robust investment framework to select investment opportunities into the leading mid stage growth rounds - typically Series B, C and D. This is a continuation of the mid stage investing strategy of the Fund Manager that has included investments in Bitwise, Brex, InfiniteWorld, Securitize, Uphold, Wyre, and others.

Please visit the Blockchain Coinvestors website to learn more about our offerings. You can also reach our Investor Relations team directly at ir@blockchaincoinvestors.com.

BLOCKCHAIN COINVESTORS SWISS

We are excited to announce that Blockchain Coinvestors Funds are now available through Swiss certificates for those of our non-US investors who prefer this approach. The underlying fund is the same, however, our Zurich based team at Blockchain Coinvestors Swiss, who will introduce in future weeks, can provide detailed information regarding this investment option. Email us at mlemerle@blockchaincoinvestors.com to learn more.

BLOCKCHAIN COINVESTORS ANGELLIST SYNDICATE

Continuing the theme of the democratization of investing, we have a rapidly growing Blockchain Coinvestors syndicate on AngelList providing access to selected coinvestments. Please join us and our partner Lou Kerner on AngelList.

Click here to receive the insightful weekly crypto newsletter and webinar invitations from our Blockchain Coinvestors partner Lou Kerner.

REGISTER NOW FOR UPCOMING WEBINARS AND CALLS

 

Our investment team hosts bi-monthly webinars and calls to help educate our community about the Fifth Era, fintech, blockchain and crypto. We discuss important trends, tailwinds and investment themes including what we have learned and how we are using our knowledge to inform our own investment thesis and actions. Below is a list of upcoming webinars for which you can register by clicking the links:

 

Recognize the Opportunity

- June 6th, 7:00am PT
- June 6th, 12:00pm PT

 

What Are NFTs?

- June 20th, 7:00am PT
- June 20th, 11:00am PT

 

Meet the Blockchain Unicorns - Mid-Year 2022

- July 11th, 7:00am PT
- July 11th, 12:00pm PT

 

Recordings of past webinars and calls can be found at www.blockchaincoinvestors.com/webinars.

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