Blockchain Capital, LLC (“Blockchain Capital”) is a Delaware limited liability company
organized in October 2014. Blockchain Capital provides advisory and portfolio
management services to pooled investment vehicles, including Blockchain Capital III
Digital Liquid Venture Fund, LP (“BC III DLVF”), Blockchain Capital IV, LP (“BC IV”),
Blockchain Capital Parallel IV, LP (“BC Parallel IV”), Crypto Currency Partners II, LP
(“Crypto Currency II”), Crypto Currency Partners, LP (“Crypto Currency”), Blockchain
Capital V, LP (“BC V”), Blockchain Capital V QP, LP (“BC V QP”), BCAP VI, LP (“BCAP
VI”), BCAP VI QP, LP (“BCAP VI QP LP”), BCAP OppFund, LP (“OppFund”).
Throughout this brochure, “Clients” or “Funds” shall be used to refer to the pooled
investment vehicles managed by Blockchain Capital and “Limited Partner” shall be
used to refer to those vehicles’ underlying investors.
Blockchain Capital is principally owned by William Bradford Stephens and Paul Bartlett
Stephens.
Advisory Services
Blockchain Capital provides discretionary advisory and portfolio management services
to its Clients according to the investment objectives and strategies described in the
Limited Partnership Agreement of each Client. The Clients will generally
invest in
privately held, early-stage companies (each a “Portfolio Investment”), and particularly
those involved in the development of blockchain-based technologies (as broadly
defined) and in related industries. The Clients may also hold Digital Assets as a result
of any capital contributions or Portfolio Investments that the Clients make directly in
digital assets or rights to receive digital assets. Blockchain Capital may further tailor its
advisory services to the specific needs of a Client as may be necessary, appropriate
or negotiated from time to time.
Blockchain Capital is affiliated with BCAP OppFund GP, LLC, BCAP VI GP, LLC,
Blockchain Capital V GP, LLC, Blockchain Capital IV GP, LLC and BC III DLVF GP,
LLC, CCP II GP, LLC. Each of such entities serves as a general partner of a Client
advised by Blockchain Capital (referred to in this brochure as the “General Partner”).
Blockchain Capital does not participate in any wrap fee programs.
As of December 31, 2023, Blockchain Capital had discretionary regulatory assets
under management of approximately $2,355,822,120.
Advisory Services Tailoring
Client accounts are managed according to the strategies and objectives set out in
each Client’s constituent documents.