Bain Capital Launches $560M Crypto Fund
Bain Capital, is one of the world’s leading multi-asset alternative investment firms with around $155 billion in assets under management, announced a $560 million fund focused exclusively on the crypto ecosystem.
Bain Capital designed this dedicated investment firm to support crypto or Web3 builders from seed through growth with a highly technical and collaborative approach.
Bain Capital Crypto grew out of its work at BCV, which has actively invested in the crypto space through both protocols and companies for the last seven years. They believe that they are at the precipice of a monumental technology shift towards open, community-driven, and decentralized services.
Touching how they play, work, and transact, this seismic shift may prove the most important technological development of their lifetimes.
The combination of a generational shift of internet users (builders and creators) and open technology enables an infinite design space for developing user-built and controlled applications. They are in the very early innings of this transformation.
The teams building these new pillars of the internet require a new type of investment firm that can support them from ideation through scale.
To provide the highest level of service to these emerging builders, BCC has three key areas of expertise:
- Technical and economic research: As the next wave of internet and financial infrastructure gets built, they believe teams will require deep technical support thinking through critical design decisions.
- Governance design and participation: Crypto protocols require a dedicated level of active participation on topics related to code contribution, risk parameter adjustment, DAO organization, and management. They intend to participate actively in these ecosystems.
- Participation across stages: Given the early liquidity dynamics of crypto protocols and limited capital intensity, protocol teams require investors that can participate across the liquidity spectrum, supporting teams in both private and public markets. They have the flexibility to participate across capital stages and even leverage protocols with our own capital.
They are pleased to launch Bain Capital Crypto, an early-stage crypto-native fund with this suite of builder-oriented services.
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