Digital Asset Capital Management

“Like the evolution of the internet, blockchain technology has the potential to disrupt and reshape whole sectors of the global economy. It is a once-in-a-generation investment opportunity.”

Richard Galvin Co-Founder & CEO

DACM Digital Asset Fund

Differentiated, actively managed, long exposure to the rapidly evolving digital asset sector through a high conviction portfolio of liquid digital assets that trade on dedicated digital asset exchanges The Fund invests across both large and smaller-cap opportunities and has the flexibility to participate in select, early-stage, illiquid, financing rounds

Manager Digital Asset Capital Management Inc Liquidity Monthly inflows, 12 month lock-up, monthly liquidity thereafter One of the top-performing digital asset funds globally Focused, early-stage blockchain tech investing through strategic, typically seed-stage investments DACM Venture Fund adds value to its portfolio investments through consistent follow-on capital, technical network support and node operation, introduction to key strategic and investment partners, long-term commitment to ecosystem and community growth

Liquidity Closed to new investors Digital assets, including Bitcoin, are the world’s most volatile asset class driven by their high-growth profile as well as the unique investor base that trades them The DACM Market Neutral Fund uses futures, options and liquidity strategies to trade the dislocation and inefficiencies this volatility and market construct creates as well as opportunities to earn equity-like upside for providing liquidity to select decentralised finance (DeFi) platforms

Liquidity Monthly inflows, Monthly liquidity Built specifically for Australian wholesale investors and following a similar investment strategy to DACM’s flagship Digital Asset Fund The fund invests in a high-conviction portfolio of liquid digital assets positioned to capture the continued adoption-driven growth in blockchain technology

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4Q22 VC Market Update 4Q22 was defined by the collapse of the sector’s third-largest exchange, FTX, materially impacting public sentiment towards the sector and sending fears of contagion throughout the listed market reminiscent of 2Q’s Luna/3AC incidents

dYdX is the dominant decentralised derivatives platform having created an on-chain trading experience orders of magnitude better than its’ competitors

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3Q22 VC Market Update The crypto VC funding market has been more resilient than the VC industry at large with a -22 3% YoY decline compared to the overall industry at -52 2% — at this point crypto has increased its funding market share