OP Crypto: Covering Global Early Crypto Investors

OP Crypto is a $50 million venture capital firm that focuses on seed and early-stage investments in the blockchain industry. It serves as the parent company to OP Venture Fund and OP Opportunity Fund and is dedicated to supporting promising projects in the Web 3.0 space, including DeFi, GameFi, DAOs, and infrastructure layers. The company has garnered support from numerous top institutional investors as well as well-known local angel investors in the crypto field, such as Huobi, Bybit, and Galaxy Vision Hill.

OP Crypto believes that in the coming years, developers and investors will continue to pursue decentralized solutions in their blockchain development efforts. The company also envisions significant optimizations in various Layer 1 solutions to facilitate project development with specific functionalities. Therefore, OP Crypto aims to seize this trend by investing in excellent solutions and platforms, ultimately achieving cross-chain data portability and high scalability.

Comprised of investment and research professionals with diverse cultural backgrounds from the United States, the United Kingdom, China, Singapore, and Vietnam, OP Crypto operates with members located in New York, Boston, London, Beijing, Shanghai, and Dubai. This allows the company to actively participate in global market transactions while providing robust local operational support.

Simultaneously, the company possesses in-depth knowledge of both Eastern and Western markets and combines CeFi and DeFi skill sets, enabling them to assess and understand different projects on an international scale.

OP Crypto aims to become a leading cryptocurrency investor with a world-class team, global investment coverage, and top-notch portfolio operational support.

Team Introduction

OP Crypto's competitive advantage lies in its globally diverse and highly talented team, which possesses a deep understanding of cryptocurrency localization. The OP team comprises individuals from different backgrounds with extensive experience, and they are a key factor in OP Crypto's success in applying global best practices to the blockchain industry.

David Gan

David Gan is the Founder and Managing Partner of OP Crypto. He has previously held executive positions at a top centralized exchange and launched a crypto venture capital fund, with local connections in both Western and Asian markets.

In 2021, he established OP Crypto to invest in projects that he believes will shape future enterprise governance and shift power from centralized entities to content creators in the upcoming Web 3.0 ecosystem.

David's experience enables OP Crypto to provide optimal portfolio support and marketing strategies. Since its inception, the fund has built a portfolio of standout projects, including Merit Circle, Aurory, and Avalanche.

Prior to founding OP Crypto, he served as the Chief Executive Officer of Huobi Global for three years, overseeing the management of Huobi's major investment strategies. He also held positions as the Director of the CEO's Office and General Manager of Huobi Labs, which incubated early-stage blockchain companies and helped them gain significant user adoption in China.

During his time at Huobi, David played a pivotal role in accelerating top-tier blockchain projects' entry into the Asian market, including projects like Polkadot, Algorand, and Merit Circle.

Additionally, he has experience at leading traditional companies such as Qiming Venture Partners (a Chinese top-tier $600 million asset management VC) and Morgan Stanley China (Investment Banking Division - M&A). He has also successfully built and exited an event-based social networking application, earning him the Forbes Asia 30 Under 30 award in 2019.

Lucas He

Lucas He is the Co-founder and Research Director of OP Crypto. He previously worked as an Investment Associate at a token fund within Huobi and has experience in cryptocurrency strategies at State Street. He holds an MBA from MIT Sloan School of Management, as well as MFE and BS degrees from National Taiwan University.

Calvin Du

Calvin Du is the Platform Director at OP Crypto, leading post-investment portfolio support measures and activities across all regions. He has previously worked at McKinsey, PwC, and DBS Bank, and holds an MBA from Columbia Business School.

Tony Dong

Tony Dong is the Capital Formation Director at OP Crypto, focusing on creating and nurturing meaningful relationships between OP Crypto and other founders, investors, and venture funds. He has worked at a Bitcoin company in the United States and PwC, holding an MBA from Columbia Business School.

Naomi Xia

Naomi Xia serves as the Trading Manager at OP Crypto, leading investments in SocialFi and creator economies. She has worked at Kuaishou's global strategy team, Morgan Stanley, and JP Morgan, and holds an MBA from The Wharton School.

Chris Xu

Chris Xu works as a Trading Manager at OP Crypto, responsible for sourcing and analyzing transactions in the APAC region, with a focus on Web 3 infrastructure. He has worked at Microsoft, Indus Capital Advisors, and TD Waterhouse Holdings, holding an MBA from China Europe International Business School.

Mads Pedersen

Mads Pedersen is a Trading Analyst at OP Crypto, primarily responsible for supporting risk analysis and investment decisions. He has a BSc degree from Babson College and has worked at Fortistar Consulting (a $5 billion PE AUM firm), hedge funds, and venture capital analysis roles.

Michael Jin

Michael Jin is a Research Analyst at OP Crypto, building deep research initiatives and investment workflows for the APAC region. He has worked at Futu Holdings Limited, Bitmain, and Woo Network, and holds a Master's degree in Business Analytics from IE Business School.

Vesper Yang

Vesper Yang is the Communications Director at OP Crypto, leading broader APAC public relations and brand initiatives while supporting portfolio companies' expansion into Asia. She has worked at FTX and holds a BSc degree from Hong Kong Polytechnic University.

Darrell Tu

Darrell Tu serves as the Communications Manager at OP Crypto, focusing on communication, marketing, and portfolio support initiatives. He holds a BA degree from the University of Cape Town.

Liu Yunpeng

Liu Yunpeng has previous experience at Huobi and provides on-site support for OP portfolio companies' entry into the APAC market.

These team members bring a wealth of experience and knowledge to the table, enabling them to apply best practices in the blockchain industry. They are committed to providing the best support and marketing strategies to entrepreneurs, helping them build global products and expand their companies to international markets.

Fund Product Introduction

OP Ventures Fund I

OP Ventures Fund I is a blockchain venture capital fund created by OP Crypto. The fund has raised over $50 million from top global institutions to support founders and entrepreneurs in building game-changing business models and products within a wide range of blockchain ecosystems.

The fund focuses on four key areas:

1.     DeFi

Existing centralized financial systems are inefficient and costly. The emergence of decentralized exchanges, lending platforms, and peer-to-peer transfers provides users with greater financial freedom and autonomy, transcending economic and geographical boundaries.

2.     MetaVerse/GameFi

Blockchain-based virtual worlds where land, buildings, avatars, and even names can be bought and sold as NFTs are rapidly becoming the next frontier for social interaction and gaming. The play-to-earn ecosystem is creating a new type of metaverse economy, redefining the future of work.

3.     DAOs

DAOs that transparently program organizational rules are reshaping company structures within the industry. Currently, DAOs are among the most significant use cases in various applications.

4.     Creator Economy

The blockchain ecosystem empowers content creators with more rights, providing users with greater autonomy and shifting the balance of power from centralized entities to decentralized networks.

OP Fund of Funds I LP

OP Fund of Funds I LP is an investment fund focused on investing in cryptocurrency funds, aiming to strategically invest in emerging fund managers. The fund provides a diversified portfolio of carefully selected high-quality fund investments, reducing downside risk and exposing limited partners to the best global trading flows.

In addition to offering high-quality fund investment products, OP Fund of Funds I can assist investors in maximizing their investment returns. Specifically, they can provide the following services:

1.     Advisory Services:

OP Fund of Funds I has successfully completed OP Ventures Fund I and was oversubscribed. Therefore, they have the capability to provide best practice guidance in negotiations with investors and institutions.

2.     Thought Leadership:

Through their extensive network and track record built over the past decade, they can share market dynamics and trading insights from managers/DAOs that OP Ventures Fund I and other Opportunity Fund I will invest in.

3.     Recruitment Services:

They have an excellent track record in identifying top talent and finding suitable candidates for all functions of the fund. Additionally, they can provide expertise and assistance to emerging managers seeking to expand their team.

4.     Fund Operations:

They can assist in fund establishment and provide recommended top-tier advisors from a legal and operational perspective.

5.     Market Making and Exchange Support:

Due to the GP/LP relationships with top allocators and liquidity providers in the market, they can assist with market making, liquidity, and introductions for listings on exchanges.

6.     Fundraising Services:

With their existing venture fund with a strong investor base, they can facilitate fundraising efforts and provide valuable connections for individuals and entities, helping them achieve a diversified investment portfolio beyond venture capital.

Through these services, OP Fund of Funds I LP is able to provide comprehensive support and assistance to investors, helping them achieve better investment returns.

Value-added Services

As the first cryptocurrency venture capital fund founded by executives from top global cryptocurrency exchanges, OP Crypto is one of the well-connected and knowledgeable cryptocurrency venture firms closely linked to the Chinese and American markets. Its advisory team can provide additional liquidity avenues and offer key value-adds beyond capital through operational advantages post-investment.

OP Crypto can offer various value-added services to its portfolio companies.

In terms of fundraising strategy, their team assists in optimizing fundraising strategies by participating in projects and teams at all stages, identifying risks, advising on terms/valuations, and introducing value-added investors and partners.

For talent recruitment, OP Crypto has extensive contacts, especially in the APAC region, with experienced Web3 developers to help early-stage companies acquire the talent they need.

Regarding market-making, OP Crypto has deep insights into major exchanges, over-the-counter desks, market makers, and borrowers, guiding portfolio companies in entering the market.

For token design, OP Crypto has collaborated with several startups, helping design and refine their token models to ensure sustainable token economics that bring strong value to the community and project.

In terms of exchange listings/architecture, OP Crypto has established strong relationships with top-tier global cryptocurrency exchanges, leveraging these connections to assist OP portfolio companies in navigating every step of the listing process.

Lastly, in community, branding, and marketing, OP Crypto has established solid relationships with media partners and influencers, providing on-the-ground support for market penetration and acceleration in the APAC market.

These value-added services provide comprehensive support and assistance to OP Crypto's portfolio companies.

In conclusion, OP Crypto is a leading global cryptocurrency investment firm that focuses on seed and early-stage investments, with a commitment to supporting potential projects in the Web 3.0 space. With an exceptional team and an extensive network, it provides diversified fund portfolios and offers various value-added services to investors, enabling them to achieve maximum investment returns.

Moreover, as a cross-cultural investment and research team, OP Crypto possesses in-depth knowledge of both Eastern and Western markets, allowing them to assess and understand different projects, providing robust support to investors.