6529 CAPITAL LLC
6529 CAPITAL LLC is a Seed and other fund in global writing $25M–$50M checks into crypto, blockchain, nfts, metaverse and web3.
- Stages
- Seed, other
- Sectors
- crypto, blockchain, nfts, metaverse, web3
- Check size
- $25M–$50M
- Invests in
- global
- Actively investing
- Yes
- Founded
- 2021
Thesis
6529 Capital LLC, founded in 2021 and based in Wilmington, Delaware, is an investment firm specializing in the cryptocurrency and blockchain sectors, with a strong emphasis on Non-Fungible Tokens (NFTs), the metaverse, and Web3 technologies. The firm's core strategy revolves around fostering an 'open metaverse' and a permissionless digital ecosystem by investing in projects building within the decentralized web. This includes a diversified approach to NFTs across PFP, generative art, and 1-of-1 categories. The 6529 NFT Fund, a series of closed-end quarterly funds, targets capital deployment of approximately $25 million to $50 million each quarter, with a buy-and-hold strategy for 'blue chip' NFTs over a five to ten-year horizon. Minimum investment for 2022 vintages was $500,000, with quarterly minimums of $125,000 and a 4-quarter subscription period. The firm also funds public-goods initiatives in digital art, science, and culture. While specific fund sizes for the main entity are not detailed, the 6529 NFT Fund's operational scale is significant. The firm's geographic scope is global, reflecting the borderless nature of digital assets.
Common questions
Does 6529 CAPITAL LLC invest at the Seed stage?
Yes. 6529 CAPITAL LLC lists Seed and other among the stages it invests in.
What check size does 6529 CAPITAL LLC write?
6529 CAPITAL LLC writes $25M–$50M checks.
Where does 6529 CAPITAL LLC invest?
6529 CAPITAL LLC invests in global.