ULTIMO, Australia — 18th November 2024 — ZEX PR WIRE — Tido Capital, a prominent player in the blockchain and Web3 investment landscape, has officially announced its rebranding initiative, coinciding with the launch of its new fund valued at $100 million. This move marks a strategic pivot towards secondary market investments, designed to enhance Tido’s agility and investment capacity as the crypto market evolves. LP in Tido Capital’s new fund is a leading family office from Hong Kong.
In 2024 alone, Tido Capital has solidified its reputation with around 20 investments, leveraging a generalist investment thesis that spans the globe. The new fund predominantly targets decentralized applications (DApps) with mass adoption capabilities, alongside innovative projects within the TON and Kaia ecosystems.
The inception of this fund comes after an initial phase focused on primary market investments and accelerating emerging businesses, reinforcing Tido Capital’s dedication to fostering innovation in the blockchain space. The new fund will take token stock in a floating ratio to enhance the firm’s capacity to manage follow-on investment reserves or undertake necessary divestitures.
“Even in a challenging bear market, we were perhaps one of the most active venture capitalists,” Wade Ge, CEO of Tido Capital, emphasized the firm’s commitment to adapting in dynamic market conditions. “We believe we need to build confidence in quality, innovative projects during downturns, capitalizing on market valuations that have reached their nadir. Now that the bear market has turned bullish, it’s time to adjust our investment strategy and start accelerating.”
The rebranding effort features a new visual identity inspired by the titanium metal element, symbolizing Tido’s steadfast investment philosophy and comprehensive strategy. This refreshed brand image encapsulates Tido Capital’s commitment to constructing a robust investment ecosystem, characterized by a well-defined closed loop of operational strategies.
Tido Capital’s rebranding initiative is part of an emerging trend among venture capital firms to adapt to the evolving crypto industry, a strategic maneuver that allows for more effective market navigation across different narratives.
On November 13 and 14, Tido Capital will host the TON & Telegram Eco Summit in Thailand, VC Horizons-Investing Goes Parabolic, and Web3 GameFi Builders Private Party three events, the first time to disclose rebranding details to its partners. For more information, please follow Tido Capital’s social media account.
For more information about Tido Capital, please visit https://tido.capital/