Crypto Fund Multicoin Capital Discloses Its Investment Pillars: Open Finance, Web3, State-Free Money
Recently, Multicoin disclosed the key pillars of its investment strategy. The company is a thesis-driven cryptocurrency fund that invests in tokens that have the potential to revolutionize the global economy.
During the Spring 2019 Multicoin Summit, the platform revealed the prioritized areas of investment, namely open finance, web3 and promoting financial freedom throughout the world. Kyle Samani, a managing partner at Multicoin, said that the company expects these theses to be the primary source of its revenue.
Multicoin aims to facilitate open finance by increasing accessibility of capital markets as units of value, such as stock, bonds, and real estate assets. Further, the assets will be tokenized into a digital form such that they become interoperable among various blockchain ledgers.
Additionally, Multicoin is confident that shifting to Web3 technologies will improve the value of the crypto markets significantly. The concept behind Web3 platforms is giving consumers control over their personal data, meaning that such information will no longer be at the disposal of tech giants and other centralized datacentres.
According to Samani, web3 will enable users to directly interact across open and secure networks without relying on trusted intermediaries that can breach that trust. This reinstatement of trust will redefine many sectors of the global economy.
Lastly, Multicoin intends to focus on investments that promote financial freedom. Samani stated that this is the key principle of cryptocurrencies that will eventually create a trustless ecosystem for the exchange of value.
So far, Multicoin has a variety of tokens in its portfolio that satisfy the aforementioned theses. Such include Keep, DFINITY, LPT, and many others.