Author: Zack Abrams
ParaFi ex-partner's Inversion Capital will give a crypto makeover to conventional companies
By Zack Abrams
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…