Breaking News
Decentral Park Capital Announces Fund II — $75 Million for Decentralised Financial Services
Decentral Park Capital, a global early-stage investment firm focused on Web3 technologies, has announced a new $75 million Fund II for investing in decentralised finance (DeFi) tokens and protocols, supporting early-stage founders and teams through a principled digital asset investment strategy. The fund continues Decentral Park Capital’s mission of enabling a decentralised future by supporting leading projects and companies who are at the forefront of innovation in DeFi and Web 3.0.
“The DeFi space is evolving and improving at a rate not seen since the advent of the internet and our team wants to further accelerate that innovation, building on the success of our first fund,” said John Quinn, founder at Decentral Park Capital. “Our team at Decentral Park Capital is changing the traditional venture capital industry to better support entrepreneurs in the blockchain and DeFi space. Because our core team has all founded successful companies in the industries in which our portfolio companies operate, we are strongly positioned to support entrepreneurs innovating in these areas—both through a capital investment and as partners to support their strategy.”
Decentral Park Capital has more than $140 million in assets under management across dedicated funds and direct investments. Its previous Fund I—a $17 million fund that was raised for investing in the broader blockchain industry—was spread across 20 projects including early deployments in Aave and Nexus Mutual. Fund II will solely focus on DeFi investments, the area that yielded the highest returns for the previous fund. Decentral Park Capital’s success is largely due to its extensive experience operating in the blockchain and DeFi industry, as well as other emerging markets and industries over the past 20 years. Each member of the executive team has experience founding, leading, and working in traditional and blockchain technology startups. The team has also cultivated relationships with notable founders, teams, and companies across the blockchain and digital asset space, making Decentral Park Capital a valuable asset to its portfolio companies.
Decentral Park Capital has also built proprietary tools to analyze the market and identify trends and growth opportunities in crypto and DeFi. This research positions the firm to capitalize on market opportunities for its partners. The team publishes one of the leading crypto newsletters and regularly shares market-leading research for the public. Decentral Park Capital has already deployed capital from its Fund II into early-stage opportunities, liquid tokens, and active strategies. The fund will continue to make early-stage investments in protocols across key market sectors including decentralized exchanges, lending protocols, derivatives, structured products, oracles, staking, and middleware infrastructure.
People In This Post
Companies In This Post
- Paydify Urges Industry-Wide Standards for Blockchain Payments at Money20/20 Read more
- Simplifying Payments Infrastructure | Aevi and QorPay at Money20/20 USA Read more
- Fiserv Signs Definitive Agreement to Acquire Brazilian Fintech Money Money Read more
- Broadridge Expands Nordic Team to Help Clients Navigate Market Change and Drive Growth Read more
- Cardlay Achieves Milestone in Mobility Segment, Joins Visa Ready Program to Shape the Future of Fleet Spend Management Read more