Core Insights - CMT Digital has successfully raised $136 million for its fourth venture fund despite a challenging fundraising environment for venture capital firms [2][3] - The overall venture capital industry is experiencing a downturn, with only $50 billion raised in the first half of the year, marking the worst performance since at least 2015 [4] - Crypto venture firms invested nearly $7 billion in startups in the first half of the year, which, while an increase, is significantly lower than the over $30 billion invested during the crypto boom years of 2021 and 2022 [5] Company Overview - CMT Digital is a venture capital firm focused on digital assets and is an offshoot of CMT Group, a quantitative trading firm established in 1997 [6] - The firm has invested in notable crypto companies such as Circle, Figure, and Consensys, with Circle and Figure recently completing successful IPOs [7] Investment Strategy - CMT Digital has already allocated about 25% of its $136 million fund, focusing on finance-oriented crypto companies [8] - The firm plans to continue investing in companies that aim to disrupt traditional financial institutions while maintaining a flexible investment approach [8]

Just over three years after taking the reins as the top leader of Sequoia Capital, Roelof Botha is stepping down as senior steward of the storied VC firm. The firm announced Tuesday that partners Alfred Lin and Pat Grady will succeed him as co-stewards. Lin joined the storied firm in 2010, where he has led major investments into category-defining companies like Airbnb, DoorDash, and Kalshi. Meanwhile, Pat Grady has been a partner for nearly 19 years and has led Sequoia’s growth-stage investing since 2015 ...

本报讯(记者袁传玺)天眼查工商信息显示，近日，浙江创新数谷创业投资合伙企业(有限合伙)成立，执 行事务合伙人为徐琼，出资额6亿元，经营范围为创业投资、股权投资。合伙人信息显示，该合伙企业 由杭州高新创业投资有限公司、浙江金蚂股权投资管理有限公司、浙江省创新数字发展有限公司、蚂蚁 集团旗下云涌产业共赢(北京)创业投资有限公司等共同出资。 ...

Core Insights - A new private equity fund named Tianjin Haihe Venture Capital Fund Partnership (Limited Partnership) was established on November 3, with a total investment of 701 million RMB [1] Group 1 - The fund is managed by Tianjin Haihe Industry Fund Management Co., Ltd., focusing on private equity investments, investment management, asset management, and venture capital activities [1] - The partners of the fund include Tianjin Baifu Haihe West Coast Private Equity Fund Partnership (Limited Partnership), Tianjin Binhai Industry Development Fund Partnership (Limited Partnership), and Jiuan Medical (002432) among others [1]

Core Insights - Zhejiang Innovation Digital Valley Venture Capital Partnership (Limited Partnership) was established on November 3, with an investment amount of 600 million RMB [1] - The managing partner is Xu Qiong, and the business scope includes venture capital and equity investment [1] - The partnership is jointly funded by Hangzhou High-tech Venture Capital Co., Ltd., Zhejiang Jinma Equity Investment Management Co., Ltd., Zhejiang Provincial Innovation Digital Development Co., Ltd., and Ant Group's Yun Yong Industrial Win-Win (Beijing) Venture Capital Co., Ltd. [1]

Core Viewpoint - The establishment of Tianjin Haihe Venture Capital Fund Partnership (Limited Partnership) indicates a growing interest in private equity investments and venture capital in the Tianjin region, with a significant capital commitment of 701 million RMB [1] Group 1: Fund Details - The fund is managed by Tianjin Haihe Industry Fund Management Co., Ltd., focusing on private equity investments, investment management, asset management, and venture capital activities [1] - The total capital contribution to the fund amounts to 701 million RMB, highlighting a substantial financial commitment [1] Group 2: Partners Involved - The fund's partners include Tianjin Baifu Haihe West Coast Private Fund Partnership (Limited Partnership), Tianjin Binhai Industry Development Fund Partnership (Limited Partnership), and Jiuan Medical (002432), showcasing a diverse group of investors [1]

After years of experimentation, tokenization of real-world assets (RWAs) is gaining traction across major platforms. Robinhood and Kraken have already listed tokenized products, while Coinbase is preparing similar offerings — signaling that blockchain-based ownership is entering the financial mainstream. But while tokenized stocks and bonds are catching on, venture capital is proving far harder to replicate. Related: Major crypto hack after Halloween stuns investors In an interview with Supermoon's Elena ...

Core Insights - A $100,000 investment in a crypto venture capital fund has decreased to $56,000 over four years, despite Bitcoin's value doubling and seed-stage tokens increasing by up to 75 times [1][2][3] Fund Performance and Fees - The investment director at Maelstrom highlighted the fund's significant underperformance, with a reported loss of 44% in value over four years, while the broader digital asset market experienced growth [2][3] - The fund charged 3% annual management fees and 30% performance fees, raising concerns about the transparency of fee structures in crypto VC funds [2] Comparison to Market Benchmarks - Bitcoin's value doubled, and seed deals yielded returns between 20 to 75 times the initial investment during the same period, indicating that the fund's performance was notably below market benchmarks [3] - The fund's capital account statement showed a year-to-date net rate of return of negative 6.08%, further emphasizing the underperformance [4] Reporting Practices - The fund switched from since-inception reporting to period-over-period performance reporting, which may obscure the sustained underperformance of the investment [4]

Someone’s Trian to buy Janus Henderson. Activist investor Nelson Peltz’s hedge fund company Trian Partners is seeking to buy up the 80% of outstanding shares of Janus Henderson that it doesn’t already control and take the asset manager private. Last week the company, along with venture capital firm General Catalyst, submitted an offer to pay a roughly 12% premium on the shares. It’s unclear if Janus Henderson will accept the offer, though the firm’s board assembled a committee to contemplate the proposal. ...

Group 1 - The Dongguan Binhaiwan Artificial Intelligence Industry Venture Capital Fund has been established with a total investment of 300 million yuan [1] - The fund's business scope includes private equity investment, investment management, and asset management activities [1] - The company is co-funded by Dongguan Binhaiwan Investment Development Co., Ltd. and other partners [1]