VC Insights: Edition 3

We’ve been on the ground speaking with major investment players: family offices, funds of funds, prominent wealth managers, and more. One theme is clear: only a fraction currently have an appetite for cryptocurrency or blockchain investments.

The most common feedback we’re hearing is some variation of:

"Web3 and blockchain aren’t part of our current investment mandate, but we’ve seen the success of Bitcoin, and we’re curious to learn more."

This is great news.

Why? The majority of institutional capital hasn’t yet made a decisive move into digital assets. For those with the vision to understand where this is going, there's enormous upside, especially in the early-stage venture space.

Having been in crypto for over a decade, we’ve seen this movie before. Before 2021, most institutional players wouldn’t give crypto-native fund managers the time of day. But that’s changed. Slowly but surely, the doors are opening.

And now, the momentum is accelerating, fueled by increasing regulatory clarity. We're beginning to see digital assets inch closer to parity with traditional financial instruments like equities, bonds, and credit. This trend is particularly visible in the US under President Trump’s administration, which has taken a pro-crypto stance.

The bottom line: it's becoming harder and harder to ignore blockchain and Web3. The institutional wave is inevitable. Capital allocators will either get on the train, or get run over.

The best part? We’re still early.