
Digital Asset Capital Management
Description
Digital Asset Capital Management (DACM), also known as Digital Asset Fund, is a specialist global investment manager dedicated to the burgeoning digital asset and cryptocurrency sector. Established in 2017 and headquartered in Sydney, Australia, DACM has positioned itself as a key early-stage investor in foundational blockchain technologies and decentralized protocols. The firm's mandate is to identify and support innovative projects from their seed and early-growth phases, leveraging deep fundamental research and proprietary valuation models to navigate the complex digital asset landscape.
DACM's investment strategy is characterized by a focus on high-conviction opportunities within the crypto ecosystem, including infrastructure, DeFi, NFTs, and Web3 applications. Their portfolio boasts investments in several prominent projects that have achieved significant market capitalization, such as Solana, Polkadot, Immutable, and Synthetix. This demonstrates their ability to identify and back projects with long-term potential. The firm actively manages its portfolio, often engaging with founders to provide strategic guidance beyond just capital.
With a track record of over 28 investments, DACM has established itself as an active and influential player in the digital asset venture space. While specific first check sizes are not publicly disclosed, their participation in multi-million dollar seed and early-stage rounds for leading crypto projects suggests typical initial investments range from approximately $500,000 to $4,000,000. In 2022, DACM notably raised a $100 million fund, further solidifying its capacity to deploy substantial capital into promising digital asset ventures and reinforcing its commitment to the sector's growth and innovation.
Investor Profile
Digital Asset Capital Management has backed more than 40 startups, with 6 new investments in the last 12 months alone. The firm has led 7 rounds, about 18% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Initial Coin Offering rounds (top funding stages).
- Majority of deals are located in United States, Australia, Singapore.
- Strong thematic focus on Blockchain, Cryptocurrency, Software.
- Typical check size: $500K – $4M.
Stage Focus
- Seed (48%)
- Series Unknown (18%)
- Initial Coin Offering (15%)
- Pre Seed (13%)
- Series A (8%)
Country Focus
- United States (40%)
- Australia (13%)
- Singapore (13%)
- Germany (5%)
- United Kingdom (5%)
- Canada (5%)
- New Zealand (5%)
- Seychelles (3%)
- Cayman Islands (3%)
Industry Focus
- Blockchain
- Cryptocurrency
- Software
- Fintech
- Financial Services
- Artificial Intelligence (Ai)
- Information Technology
- Bitcoin
- Finance
- Web3
Frequently Asked Questions
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