Tioga Capital Fund Nears $50 Million Before Closing

• Tioga Capital, a blockchain venture capital firm, has increased its assets under management (AUM) to €42 million (US$50 million) just before its final closing
• Swift funds are a significant capital allocator in Europe since they are an institutional actor that manages large pools of cash and is looked at by other investors, Tioga partner Patrick Van de Mosselaer mentioned
• The investments by the SWFs of Flemish and Brussels follow the Walloon SWF in 2020, which was the first direct SWF investment in blockchain technology by a European sovereign wealth fund

Tioga Capital, a blockchain venture capital firm, has increased its assets under management (AUM) to €42 million (US$50 million) just before its final closing. According to Tioga, the Luxembourg-based fund’s AUM quadrupled from its original €14 million ($16 million) closure thanks to investments from Belgian sovereign wealth funds (SWFs) and a KU Leuven University endowment. The endowment of a Belgian institution is the first in Europe to invest directly in the blockchain. The SWFs of Flemish and Brussels are following in the footsteps of the Walloon SWF, which made the first direct SWF investment in blockchain technology by a European sovereign wealth fund in 2020.

Swift funds are a significant capital allocator in Europe since they are an institutional actor that manages large pools of cash and is looked at by other investors, Tioga partner Patrick Van de Mosselaer mentioned. Tioga Capital focuses on open finance and blockchain infrastructure firms. In recent months, the business has invested in five companies, including privacy infrastructure firm Nym and bitcoin (BTC, -2.02% ) self-storage service Casa. Tioga Capital Management, LLC was established to assist investors in maximizing returns, managing risks, and safeguarding their assets.

Its mission is to provide a superior alternative to standard equities mutual funds and indexed investment vehicles. Its flagship Arcadia Enhanced Index Fund was created to beat the market in all market situations while investing 100% of our portfolio manager’s liquid assets. According to Tioga, the Luxembourg-based fund’s AUM quadrupled from its original €14 million ($16 million) closure thanks to investments from Belgian sovereign wealth funds (SWFs) and a KU Leuven University endowment. The endowment of a Belgian institution is the first in Europe to invest directly in the blockchain. 

The investments by the SWFs of Flemish and Brussels follow the Walloon SWF in 2020, which was the first direct SWF investment in blockchain technology by a European sovereign wealth fund.  SWFs are a significant capital allocator in Europe because they are an institutional actor that manages large pools of cash and is looked at by other investors, according to Tioga partner Patrick Van de Mosselaer. Tioga Capital focuses on open finance and blockchain infrastructure firms. In recent months, the corporation has invested in five companies, including Nym, a privacy infrastructure firm, and Casa, a bitcoin self-storage provider.

Ritika Sharma

With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.