Profile
Digital Asset Capital is a venture capital firm based in Road Town, British Virgin Islands, founded in 2017. The firm is led by co-founder and CEO Richard Galvin, with a team of nine professionals including two partners. They focus on investing in the digital asset and cryptocurrency sectors, distinguishing themselves with a specialized approach to early-stage and seed round opportunities.
The firm primarily invests in blockchain technology, fintech, and high-tech sectors, with a geographic focus on the United States. They participate in seed and Series A rounds, often co-investing with other notable funds like Bankless Ventures. Digital Asset Capital has a diverse portfolio of 41 companies, including notable investments in Solana and AVA, the latter being a unicorn.
Some of their notable portfolio companies include Solana - a blockchain platform, AVA - a digital asset platform, and Inference Labs - a company focused on AI solutions. The firm is known for its strategic investments in emerging technologies and its ability to identify high-potential startups in the digital asset space.