ChainLink Capital Sets $100M AUM Target for Luna and Ama Funds in 2022

Crypto-focused venture capital fund ChainLink Capital Management aims to reach $100 million in assets under management for its Luna and Ama funds in 2022, despite having only $30 million and $13 million last year. The firm employs a "fund of funds" strategy for diversification and risk mitigation, with the Luna Fund targeting family and multifamily offices and the Ama Fund focusing on hedge funds with a risk-neutral approach. ChainLink also emphasizes "liquid venture strategy," investing in both venture capital and liquid portfolio options, and anticipates the potential rise of DAOs in 2022.

ChainLink Capital Management Sets Ambitious $100 Million AUM Target for Luna and Ama Funds in 2022

New York City, February 8, 2022 - ChainLink Capital Management, a leading crypto-focused venture capital fund, has set an ambitious target to reach $100 million in assets under management (AUM) for both its Luna and Ama funds this year, general partner Andrew Hoppin announced in an exclusive interview with CoinDesk.

Building on the success of last year, where the Luna and Ama funds managed approximately $30 million and $13 million respectively, ChainLink Capital is poised to leverage its unique investment strategies and industry expertise to capture a significant share of the rapidly growing cryptocurrency market.

ChainLink Capital Management, established in 2018, employs a "fund of funds" approach to provide investors with exposure to top crypto experts and projects, while mitigating the inherent risks associated with digital asset investments.

"The crypto landscape presents both immense opportunities and potential pitfalls," said Hoppin, a former chief technology officer for the New York State Senate. "Our fund of funds strategy allows us to spread our investments across multiple funds, reducing our exposure to any single manager or strategy."

The Luna Fund, backed by several large family and multifamily offices, invests in hedge funds that specialize in managing tokens like Bitcoin and Ethereum, as well as funds that generate returns through lending and staking activities. Notable investments include Coinbase, one of the world's largest cryptocurrency exchanges, and Rarible, a prominent non-fungible token (NFT) marketplace.

"We believe that Luna provides our investors with a balanced and diversified portfolio of crypto assets, offering the potential for both capital appreciation and yield," added Hoppin.

The newer Ama Fund, launched in the fall of 2020, caters to hedge funds with a more risk-neutral approach to digital asset investments. The fund has secured the services of renowned blockchain analyst Willy Woo as its research head.

"Ama provides investors with exposure to funds that are actively seeking out undervalued and underappreciated crypto assets," said Hoppin. "By partnering with funds that employ sophisticated investment strategies, we aim to enhance the risk-adjusted returns for our investors."

Beyond its fund of funds strategy, ChainLink Capital also employs a "liquid venture strategy," which combines traditional venture capital investments with the liquidity of digital assets.

"The crypto market is unique in that liquidity events, such as token launches and exchange listings, occur much faster than in traditional technology markets," explained Hoppin. "Our liquid venture strategy allows us to take advantage of these opportunities and capture significant value for our investors."

Looking ahead to 2022, Hoppin identified decentralized autonomous organizations (DAOs) as a potential game-changer for the crypto industry.

"DAOs have the potential to revolutionize the way that organizations are structured and operated," said Hoppin. "They can increase transparency, accountability, and efficiency, while also providing new opportunities for community engagement and collaboration."

ChainLink Capital Management's ambitious AUM target and its focus on emerging trends like DAOs underscore the firm's commitment to providing investors with best-in-class crypto investment opportunities. As the cryptocurrency market continues to mature, ChainLink Capital is well-positioned to capitalize on its expertise and relationships to deliver superior returns to its investors.