Arche Capital to Back Early Stage Blockchain and AI Innovations in Financial Services
[PRESS RELEASE – New York, New York, August 8th, 2024] Veteran Blockchain Leaders Targeting Infrastructure Projects at the Intersection of Blockchain, AI and Financial Services Seasoned blockchain founders have joined to launch Arche Capital Management LLC (“Arche Capital” or the “Firm”), a new investment manager focused on financing and guiding early-stage entrepreneurs, companies and infrastructure […]
[PRESS RELEASE – New York, New York, August 8th, 2024]
Veteran Blockchain Leaders Targeting Infrastructure Projects at the Intersection of Blockchain, AI and Financial Services
Seasoned blockchain founders have joined to launch Arche Capital Management LLC (“Arche Capital” or the “Firm”), a new investment manager focused on financing and guiding early-stage entrepreneurs, companies and infrastructure projects in the financial services sector. The Firm’s strategy and investment thesis is guided by deep experience in financial services infrastructure, blockchain, artificial intelligence (Al), and zero-knowledge (ZK) proof technology.
Spearheaded by co-founders and general partners Vanessa Grellet and William Wolf, Arche Capital leverages over 30 years of technical and commercial expertise in blockchain, AI, and financial services. The Firm is dedicated to investing in and nurturing early-stage entrepreneurs and long-term infrastructure projects. As a boutique firm, Arche Capital has the autonomy to invest in high-potential startups, becoming a part of their journey and co-leading towards their goals, rather than focusing on an early exit.
To achieve broader adoption, Arche Capital believes blockchain projects must address key challenges including scalability, privacy, interoperability, security, and regulatory uncertainty. The Arche Capital team offers unique insights into how blockchain technology can transform financial services and provides support to Web3 founders. This assistance goes beyond just financial contributions, and helps emerging companies navigate the evolving landscape.
Commenting on the launch, Arche Capital Managing Partner Vanessa Grellet said: “We believe that now is the time to invest in core technologies and protocols that will fundamentally change the status quo, becoming the backbone of our global financial and economic infrastructure. Arche Capital focuses on the earliest stages of this transformation.”
“Financial services companies are increasingly adopting blockchain protocols and infrastructure, due to the technology’s robust capabilities in payments, custody, trading and settlement. Additionally, it enables these companies to utilize their distribution channels to offer products and services based on permissionless protocols and networks.”
Arche Capital’s Managing Partner, William Wolf added: “We understand that an early-stage founder’s needs go beyond just capital investment. Our combined expertise in blockchain, Al, and financial services uniquely positions us to identify and support the most promising entrepreneurs in this rapidly evolving space.”
About the Founders and Managing Partners
Vanessa Grellet has played a foundational role in the investment and development of blockchain’s most significant ecosystems and projects. Her former roles include Managing Partner of Aglaé Ventures, Head of Portfolio for CoinFund and Executive Director of ConsenSys; she is a Board Member of the Enterprise Ethereum Alliance (EEA), and a former Strategy Executive director at NYSE. With more than 15 years in Wall Street firms in the area of financial infrastructure and regulation, she is an expert and global speaker on the topics of Web3 adoption, infrastructure, and financial services.
William Wolf is a computer science and electrical engineer and YC Alumni who has been a founding member of leading payments and infrastructure companies. For five years before co-founding Arche Capital, William served as an investment Partner in blockchain-focused investment firm, Polychain, where he also led the incubation program. Prior to that, he was part of the founding team for YCombinator backed Tilt.com, which was acquired by Airbnb, and led a series of engineering teams at the forefront of Web2 consumer and financial apps and Web3 infrastructure projects.
About Arche Capital:
Arche Capital is a pioneering venture capital firm with a focus on early-stage blockchain infrastructure. Founded by Vanessa Grellet and William Wolf, the Firm combines deep expertise in blockchain, AI, and financial services to support entrepreneurs from ‘zero to one.’
Disclaimer:
This press release is not an offer to sell securities of any investment fund or a solicitation of offers to buy any such securities for any fund managed by Arche Capital. An investment in any strategy, including the strategies described herein, involves a high degree of risk. The description herein of the approach of Arche Capital and the targeted characteristics of its strategies is based on current expectations and should not be considered definitive or a guarantee that the approaches, strategies, and any potential investment portfolios will, in fact, possess these characteristics. These descriptions are based on information available as of the date of preparation of this document, and the description may change over time. Arche Capital makes no representation as to the accuracy or completeness of such information and any assertions or conclusions constitute the current judgment of Arche Capital and are subject to change without notice. It can be expected that some or all of such assumptions will not materialize or will vary significantly from actual results. There is no guarantee that Arche Capital will achieve its objectives. There is the possibility of loss and all investment involves risk including the loss of principal.
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