Round13 Digital Asset Fund (DAF), Canada’s only crypto native fund with a unique open-ended structure, today announced gains in excess of 40% since its launch in April 2022, amid a challenging market environment.
The Fund has quickly made its mark and is consistently outperforming leading cryptocurrencies BTC by 30% and ETH by 60%.
Round13 DAF has invested in 20 portfolio companies across Seed and Series A deals ranging from $250,000 to $5 million.
Its portfolio companies span several key segments of the crypto market including AI, gaming and Metaverse, identity, and infrastructure. Sample portfolio companies within these market segments include Wombo, Improbable, Confirm, and ChainSafe.
To date, several Round13 DAF portfolio companies raised funds at significantly higher valuations, bucking the down round fundraising trend experienced by many startups. In addition, several of its portfolio companies are token projects that have not gone back to the market for further equity funding and are likely to launch their native tokens this year.
Round13 DAF is a dedicated fund which invests in the emerging blockchain and digital asset market. DAF was launched by Round13 Capital, the Canadian venture and growth-stage investment firm co-founded by Bruce Croxon and John Eckert.
With a structured approach to accepting new investors every quarter, DAF distinguishes itself through consistent resilience and innovation in the rapidly evolving digital asset space.
“Our approach of engaging in both crypto capital markets and venture capital has been a cornerstone of our strategy,” says Satraj Bambra, Managing Partner and CIO at Round13 DAF.
“Through this balanced and highly strategic approach, we have been able to successfully navigate through various market conditions, including the recent bear market and the domino effect following the FTX collapse.”
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