Cryptomeria Capital commits up to $350K to Western blockchain projects
Cryptomeria Capital, a new crypto fund backed by blockchain industry experts, today announced to commit up to $350K with a group of Chinese funds and lead investment rounds to projects who are seeking both investment and entry to the Asian market.
Cryptomeria Capital, with the full access to the most influential media in the Asian blockchain industry, Chinese crypto funds and global crypto exchanges, will act as a gateway for overseas blockchain projects. It is committed to bring customized solutions to projects, from funding, building brand awareness, establishing communities to exchanges listing.
“We are a group of Western entrepreneurs who have successfully launched several media outlets both in the West and the East. We have the Western mind-set as well as a deep knowledge in the blockchain industry for the East. — says Alex M, Managing Partner of Cryptomeria Capital. We’ve seen many overseas projects encounter many obstacles when seeking entering the Asian markets because of the culture differences. That’s why Cryptomeria Capital is here to bridge the gap between the West and the East and help projects to integrate the local markets in the most efficient way.”
“Sometimes all it takes is the good localization strategy for businesses to thrive. The Asian market has specific purchasing habits, customers behaviors and overall culture differences that are very different from the West. As serial successful entrepreneurs in Asia and having all the right connections locally, we will be able to help our portfolio projects to save a lot of precious time in coming up with the right strategy to open the Asian market.”- says Vadim Krekotin, Founding Partner of Cryptomeria Capital and the CEO of Cointelegraph China.
About Cryptomeria Capital
Cryptomeria Capital was founded in 2020，backed by Kevin Ren, Partner at Consensus Lab, Kevin Shao, Partner at BRC Capital and Simon Lee, Partner at Chain Capital as advisors. The firm focuses exclusively on ventures, tokens, and projects related to blockchain technology and crypto assets. The team has extensive knowledge about the blockchain industry landscape both in the East and the West. Cryptomeria Capital aims to bridge the gap between the two sides and help projects to localize in the most efficient way possible. More information can be found at cryptomeriacapital.com
