Nural Capital

Investment decisions are led by Managing Partner Rabia alongside General Partners Jehan Chu and Tony Yeung. Rabia sets the platform's overall strategy after a decade covering pensions, endowments, and wealth managers at Morgan Stanley, Coatue, and Mubadala Capital. Jehan and Tony bring over a decade of direct crypto investing experience from Kenetic Capital, where they deployed capital into more than 200 projects since 2013.

Nural sources deal flow primarily through General Partner Jehan Chu's deep network in Asia's blockchain ecosystem. Chu co-founded Ethereum Hong Kong in 2014, the Bitcoin Association of Hong Kong in 2014, and the Hyperledger HK community in 2016. He also sits on the boards of multiple portfolio companies, including Red Date Technology, which gives Nural visibility into early-stage infrastructure and protocol-level opportunities across the region.

Nural does both. It commits capital to external crypto venture funds — the firm's website names Polychain and Sfermion as examples — and it also pursues direct equity positions in Web3 projects. Direct investments disclosed on the site include Yuga Labs and Aptos. This dual-track approach lets LPs gain diversified exposure to the blockchain sector without managing a portfolio of underlying fund relationships themselves.

Nural covers Asia and North America from offices in Hong Kong, New York, and Puerto Rico. The firm emphasizes a geographically diverse approach within its blockchain mandate. Jehan Chu's board seat at Red Date Technology, which built China's national Blockchain Services Network, anchors its Asia presence, while the New York and Puerto Rico offices give it direct access to US and Latin American deal flow and institutional LP relationships.