1/ Today we do our small part to move the DeFi ecosystem forward with the launch of our $50M Spartan DeFi Venture Fund. We believe DeFi is the future of Finance and we want to realize this vision sooner rather than later.
2/ We originally set out to raise only $10M for our first close, but we ended up with $30M instead. That is the appetite investors have for DeFi! In addition, many of the investors are bankers or former bankers themselves who want to see a better financial system created.
3/ In the two years that we have been investing in DeFi, we have invested in and worked with some of the top founders and projects in the DeFi space.
4/ We were relatively early investors in $MKR, $AMPL, $LINK, $SNX, $KNC, $YFI, $AAVE, $NXM, $BAND, and many others through our hedge fund vehicle. Many of these projects are the leaders in DeFi today.
5/ Our more recent investments include $ALPHA, $1INCH, $FIDA, dYdX and many others that have yet to launch.
6/ As the DeFi founders who have worked with us can attest, we are very founder friendly. We support our portfolio companies in every way we can (token economics, bootstrapping liquidity, partnership connections, investor network, marketing etc).
7/ If you are a founder innovating in this space, we would love to support you and hear about your creative ideas, so pls hit us up (kelvin.koh@spartangroup.io or Jason.choi@spartangroup.io or Darren.lau@spartangroup.io)
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