• aicryptofund posted an update in the group Group logo of BCAP PortfolioBCAP Portfolio 4 months ago

    How are the equity holdings being valued? Pantera is up 60% for the year from equity investments, and it looks like BCAP has many of those same investments.

    • Bcap has 2 shared investments – Harbor & Circle – with Pantera fund 2(total 34 investments) which is the one up 60%. Given that Bcap only invested in Circle’s most recent round it’s probably safe to assume they’re not cooking the books….Will be interesting to see if anyone took up Kraken on their $4bn valuation round and if/when that feeds through into Bcap Nav.