Asset Manager

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SMO Capital

SMO Capital is a closed-ended Asian-based proprietary trading and investment fund specialized in connecting vision with reality for blockchain companies and...

SMO Capital logo

SMO Capital

SMO Capital is a closed-ended Asian-based proprietary trading and investment fund specialized in connecting vision with reality for blockchain companies and startups. It was founded in 2020 with partners involved in blockchain technology since 2012. The firm invests in and partners with startups and does not accept external money.

General information

Firm type

Generalist

Year founded

2020

Location

Region

Asia

Country

Hong Kong

City

Hong Kong

Corporate office

Hong Kong, Hong Kong

Sector focus

CryptoGaming & NFTsDeFiEnterprise BlockchainAI/ML

Frequently asked questions

Who runs investment decisions at SMO Capital?

SMO Capital does not publicly name its partners or investment committee. The firm states it was founded in 2020 by a group of partners who have been involved in blockchain technology since 2012. Day-to-day investment decisions appear to be made collectively by this group, with no designated CEO or CIO listed.

Does SMO Capital participate in fund commitments or only direct deals?

Based on its disclosed portfolio, SMO Capital invests directly into early-stage blockchain startups through token purchases and equity-like instruments. There is no public evidence of fund-of-fund commitments. Its existing positions — REVV, Star Atlas, CasperLabs — are all direct investments in operating companies or protocols.

What investment stages does SMO Capital target?

SMO Capital targets seed and start-up stage blockchain ventures. The firm encourages founders to approach it as early as possible, positioning itself for pre-token and pre-product investments. Its portfolio includes projects at the protocol design phase, pre-listing token auctions, and early gaming title development.

Which sectors does SMO Capital explicitly avoid?

SMO Capital does not publish a negative sector list. Its portfolio and stated focus indicate it does not invest outside of blockchain-enabled businesses. Traditional equities, real estate, and non-tokenized private credit appear absent from its publicly disclosed investments.

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