The thematic fund will invest primarily in companies with strong fundamental businesses, but whose token markets are underperforming.

TradeDog Group, the parent company of TD VC, announced the launch of its $100 million Web3 ‘special situation’ fund, which comes with a $10 million GP commitment.

The fund will be used to restructure and invest in projects with good products and businesses, but struggling token markets.

This strategic move is a reflection of TradeDog Group’s commitment to web3 technology and blockchain-based applications. It paves the way for funding web3 initiatives that aim to make blockchain-powered web-based services better and more accessible.

TradeDog will leverage its following of over 3 million traders and investors to build an active community for the TD VC Fund 2 portfolio, while TradeDog Market Management (TDMM) will be useful for executing sophisticated strategies in live markets (exchanges and DEXs). , if required.

TD VC is a multi-strategy fund with a portion allocated to a flagship strategy called “investing in special situations.”

Through this, TD VC will provide crypto businesses with customized capital injections based on token requirements. The thematic fund will invest primarily in companies with strong fundamental businesses, but whose token markets are underperforming.

TD VC’s goal is to support the long-term growth of the digital ecosystem while maximizing risk-adjusted returns for investors, all underpinned by an emphasis on value, crash protection, and optionality against to the hikes

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As the fund’s strategic partner, TDeFi will build on its successful track record as an incubator for blockchain startups and support TD VC with a variety of deal streams and advisory services.

Rupesh Pednekar will lead the fund’s operations. He is an experienced strategic business leader and partner who will bring his experience in starting and growing new businesses, as well as extensive experience in technology and institutional finance.

“There has been a massive influx of talent from Web2 to Web3, and at TD VC, we are looking to take advantage of that and drive further adoption. There are a plethora of use cases for Web3 technologies and it is changing the way value and equity are distributed. We aim to be a catalyst for innovation and we believe our funding models will empower creators and disruptors in the web3 space to revolutionize the existing multi-layered blockchain ecosystem,” Pednekar said.

The TD VC fund will invest in promising young companies and support the limitless possibilities of Web3 technology, enabling entrepreneurs to generate innovative projects that offer real value in building the Internet on blockchain. TD VC believes that the crypto industry must prevent volatile markets from getting in the way of innovation that drives mass adoption.