Forthcoming Crypto Fund To Invest in the ‘Future of Web3’

Blockworks Exclusive: The fund will differentiate itself from crypto investments firms by offering “broad exposure” across the Web3 ecosystem, managing partner Benjamin Cohen said


Benjamin Cohen, Web 3 Equities managing partner | Source: Web 3 Equities


key takeaways

  • Web 3 Equities will begin deploying capital in late March
  • Investments are listed in five categories: blockchain infrastructure, DeFi, DAOs, DApps and NFTs

Benjamin Cohen made “one of the biggest decisions” of his life last year — one that he remains “very confident in.” He left his full-time role at his family’s real estate firm to launch a Web3 investment fund, Cohen told Blockworks.  

“My jump into Web3 is basically on [this] premise,” Cohen, the managing partner and founder, said.

“I think it’s inevitable that blockchain technology and smart contract technology will become implemented in every single facet of our life. And we’re just at the beginning of it.”

Web 3 Equities is focused on digital asset investments — specifically pouring capital into “the future of Web3,” Cohen explained.

Investments are listed in five categories: blockchain infrastructure, decentralized finance (DeFi), decentralized autonomous organizations (DAOs), decentralized applications (DApps) and non-fungible tokens (NFTs.) 

“We’re investing across the entire ecosystem, so it gives investors exposure to [more than] one segment [of the market],” Cohen said.

He declined to name specific investments during an interview with Blockworks, but alluded to the types of protocols that the fund will “take significant positions in.”

“We’re not trying to arbitrage and buy bitcoin at $38,000 and sell it at $39,500,” Cohen said.

“We’re trying to identify projects, communities, protocols that serve a purpose in the Web3 ecosystem, that solve a problem using blockchain technology.”

The fund currently has $5 million assets under management — some of which comes from Cohen’s personal investments. Current investors include high-net-worth individuals, both crypto-native and newcomers to the space. 

Web 3 Equities does not take venture investments and aims to offer its investors more liquidity than other crypto funds.

“We’re structuring this like a hedge fund so after a certain amount and lockup period, investors will be able to have liquidity and recall their funds. I think that’s a differentiated value proposition,” Cohen said. 

Web 3 Equities will begin deploying capital in late March.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.


Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Unlocked by Template.png


With the spot ETH ETF approval, the institutions are coming. stETH - given its dominance in marketshare, existing liquid market structures, and highly desirable properties - is poised for institutions.


Launching cryptocurrencies the old fashioned way may soon make a return


Kraken and CertiK brought their beef to social media after Kraken said researchers exploited $3 million through a bug


NVIDIA’s historic run is only deepening the divide between mega-cap tech stocks and the rest of the market.


EIP-7702 was quickly adopted for the next Ethereum upgrade, but developers haven’t quite locked it down