Pluto Capital raise USD30 million crypto fund to provide seed funding and incubation for early-stage blockchain projects

SINGAPORE and NEW YORK, Nov. 30, 2021 /PRNewswire/ -- PLUTO Management Pte. LTD, "Pluto Capital", an emerging Singapore-based blockchain venture capital firm, today announced the successful close of its new USD30 million Crypto fund to provide seed funding and incubation to early stage blockchain related projects, bringing new opportunities to investors into a diversified, institutional-quality portfolio of digital assets.

Pluto Capital offers investment insights, incubation capabilities as well as close partnerships with top global institutions to its investors. Pluto Capital will utilize its unique incubation ability to cultivate its portfolio companies with valuable modules including business transformation, human capital management, follow-on investment, and investment partnerships in an effort to maximize investment returns. The fund will be extremely sensitive to changes in trends by continually monitor and analyze global macro market's economic drivers in the blockchain sector.

Pluto Capital's general partners delineated proven track record with overwhelming success with early-stage investments into some of current industry giants such as Binance, Bybit, Bitmain, Polkadot and DeHorizon. The core investment team consists of a group of highly experienced professionals with extensive blockchain investment record from well-recognized global financial institutions such as Goldman Sachs, SoftBank and PIMCO. Pluto Capital aims to continue its past accomplishments by capitalizing on the accelerating trend of disruptive technologies and focusing on seed opportunities with selective growth-stage investments, establishing a prominent investment vehicle with outsized alpha generation.

One of Pluto Capital's LPs, LI Chen, a Managing Partner of industry leading investment vehicle Youbi Capital stated, "We believe right now is a transformative time for Pluto Capital and the global blockchain sector. We trust that Pluto Capital will not only take a refined investment approach to build long-term relationship with entrepreneurs and companies but also successfully execute its strategy through operational excellence and in turn, return value to our shareholders."

About Pluto Management Pte. LTD

Pluto Management Pte. LTD is a company incorporated in Singapore. The company runs a digital asset focused investment management fund with aims to invest in global blockchain related projects for the purpose of alpha generation for its investors. The Company looks to partner with exceptional entrepreneurs and early-stage companies to build and grow into disruptive and transformative and industry-leading corporations.

For more information and updates about Pluto Management Pte. LTD, please follow us on Twitter account: 

@PlutoCapitalGP (https://twitter.com/PlutoCapitalGP)

Forward-Looking Statements

Certain of the matters discussed in this document constitute "forward-looking statements." Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on beliefs, assumptions, data and other information currently available to us. When we use them, the words "anticipate", "intend", "estimate", "believe", "expect", "plan", "could", "may", "will", "potential", "project", variations of such words, and similar expressions are intended to identify forward-looking statements. Factors that may cause actual results to differ materially from those discussed include, without limitation, changes to the proposed structure of the arrangements and transactions, marketevents, regulatory changes, and other factors

Media Contact:

ICR
Edmond Lococo, Managing Director
[email protected]
+86 10 6583 7510

Investor Contacts:

Pluto Capital
Investor Relations
[email protected]

ICR
David Ji, Senior Vice President
(852) 6510-2222
[email protected]

SOURCE PLUTO Management Pte. LTD

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