Having attracted over $2.8B to
its non-custodial onchain yield products, the leading
DeFi investment strategist is expanding its offering
for institutional investors with the launch of a new fund
TORTOLA, British Virgin Islands, Dec. 10,
2024 /PRNewswire/ -- Decentralized
finance investment strategist Seven Seas Capital today
launches its first fund for enabling institutional
DeFi. The ETH DeFi Yield
Fund will provide investors with a simple entrypoint to earning
class-leading yields on ETH, with a BTC product to
come.
This fund builds on Seven Seas Capital's proven investment
strategies and targets a return profile of 10% relative to
ETH. The team's strategies include market making on
decentralized exchanges and taking risk-mitigated
leveraged positions, which have propelled their non-custodial
"vault" investment vehicles to become some of the largest
participants in DeFi. Through these vaults Seven Seas
has attracted over $2.8B and earned
the trust of investors over the past three years.
"Our investment strategies are both reliable and scalable,
making the ETH DeFi Yield Fund a natural
next step for institutional investors who would consider an
ETH ETF," said Stephanie
Vaughan, Co-Founder & COO of Seven Seas Capital. "Our
suite of ETH yield strategies, tailored for a range of
risk appetites, have outperformed staking ETH across
the board, without a single down month since launching. Even
better, we've managed to generate higher yields as these vehicles
have grown from $0 to $2.8B in asset value."
Seven Seas Capital has established itself as a premier
quantitative DeFi investment strategist, having
developed and launched a variety of non-custodial, onchain
investment vehicles over the past year and generated class-leading
yields on assets like ETH, BTC, and stablecoins.
"We strongly believe that Ethereum the protocol and
ETH the asset will see massive growth over the next
few years as the primary layer for tokenization of assets," said
Seven Seas Capital Co-Founder & CEO, Sun Raghupathi. "Our investment objective is
simple: turn ETH into more ETH."
Seven Seas Capital has rapidly demonstrated success in market
making, with their vaults becoming the largest liquidity providers
by volume (>$10B) for liquid
staked and restaked ETH in decentralized
exchanges on Ethereum. With users and capital rapidly
flowing onto Ethereum Layer 2 networks, the team is
also bringing their expertise to these markets, where there are
additional opportunities due to their relative inefficiency.
Beyond providing trading liquidity, the ETH
DeFi Yield Fund will capture the arbitrage between the
ETH staking rate and ETH borrow rate, and
arbitrage depeg events when ETH liquid staking tokens
are mispriced from parity with ETH.
The Seven Seas Capital team is unique in having twin expertise
as capital allocators and builders in the blockchain ecosystem.
They've developed state-of-the-art onchain asset management
infrastructure, first creating the premier vaults on Somm Finance
and then launching Veda, the native yield layer powering leading
DeFi apps like EtherFi.
They have deep knowledge and experience navigating
DeFi markets, the chops to assess technical risks, and
a strong reputation among builders and investors throughout the
space. Their expertise has also shone in times of market stress,
including navigating multiple black swan events with flying colors
such as the Silicon Valley Bank collapse and USDC depegging.
Those interested in Seven Seas Capital's ETH
DeFi Yield Fund and its forthcoming BTC
DeFi Yield Fund are encouraged to get in touch with
the team by reaching out to investors@7seas.capital.
About Seven Seas Capital
Seven Seas Capital is a
quantitative DeFi investment strategist with deep
expertise in onchain liquidity provisioning. Bringing together
leading smart contract developers, data scientists, and experts
from both traditional finance and DeFi, Seven Seas
Capital is developing powerful investment strategies for
DeFi and making them accessible through its investment
fund and non-custodially through its vaults.
Press Contact
Frank
Spence
387445@email4pr.com
(415) 294-1157
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SOURCE Seven Seas
