PANews 5月21日消息，据彭博社报道，Theta Capital宣布旗下加密基金基金“Theta Blockchain Ventures IV”完成1.75亿美元融资，专注投资于Coinfund、Polychain等早期加密风投机构。Theta自2018年聚焦数字资产，目前管理资产约12亿美元。该基金旨在通过“加密原生”风投的专业优势，为机构投资者提供差异化回报。

<p>PANews 5月21日消息，据彭博社报道，Theta Capital宣布旗下加密基金基金“Theta Blockchain Ventures IV”完成1.75亿美元融资，专注投资于Coinfund、Polychain等早期加密风投机构。Theta自2018年聚焦数字资产，目前管理资产约12亿美元。该基金旨在通过“加密原生”风投的专业优势，为机构投资者提供差异化回报。</p>

Theta Capital为其加密风投基金完成1.75亿美元融资

<PANews> On May 21st, according to Bloomberg, Theta Capital announced that its crypto fund "Theta Blockchain Ventures IV" has completed $175 million in financing, focusing on investments in early-stage crypto venture capital firms such as Coinfund and Polychain. Since 2018, Theta has focused on digital assets and currently manages approximately $1.2 billion in assets. The fund aims to provide differentiated returns to institutional investors through the professional advantages of "crypto-native" venture capital.

<p>PANews reported on May 21st that according to Bloomberg, Theta Capital announced the completion of a $175 million fundraising for its crypto fund "Theta Blockchain Ventures IV", focusing on investments in early-stage crypto venture capital firms such as Coinfund and Polychain. Since 2018, Theta has focused on digital assets and currently manages approximately $1.2 billion in assets. The fund aims to provide differentiated returns for institutional investors through the professional advantages of "crypto-native" venture capital.</p>

Theta Capital Closes $175M Funding for Its Crypto Venture Fund

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Messari released "The Crypto Theses 2026," a report that predicts future trends in public blockchains, DeFi, AI, DePIN, and TradFi. From Messari's perspective, 2026 will be a pivotal year for cryptocurrencies, marking a shift from "speculative" to "system-level integration."

Author: Messari
Compiled/Translated by: ODIG Invest
Messari Releases "The Crypto Theses 2026"...