Web3 investor Santiago Roel Santos is betting that giving conventional companies a crypto makeover can assist them function higher, sooner, and cheaper.
Santos, who was previously a associate at blockchain VC agency ParaFi Capital, introduced the launch of a brand new non-public fairness fund, dubbed Inversion Capital. The fund will “purchase conventional companies that may profit from enterprise mannequin transformations by adopting crypto mechanisms,” Santos introduced on X.
Santos argues that there are some companies who would profit from adopting crypto-powered instruments with the intention to clear up coordination points that “present up as greater working prices, capital expenditures, or degrading unit economics.”
It does not matter if the enterprise house owners are reluctant to embrace crypto, Santos defined, as a result of Inversion Capital will not be an funding associate—it’ll purchase the companies outright.
“There are lots of nice companies which have reached a plateau and are prime candidates to bear a enterprise mannequin transformation,” Santos mentioned. “You’re already seeing that with DePIN.”
Santos did not elaborate on how a lot he goals to lift with the fund or whether or not he has chosen any preliminary targets.
“Crypto is a brand new working system. Invisible, operating on the backend making companies function sooner, higher, cheaper. That is how we speed up,” Santos mentioned in closing.
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