BlockSpaceForce Launches First Asian Evergreen Fund Targeting Blockstocks
SINGAPORE – September 5, 2025 – BlockSpaceForce, a crypto-native advisory firm, today announced its partnership with a Singapore licensed fund management company, for the launch of an evergreen hedge fund (the Fund), structured as a sub-fund of an umbrella variable capital company (VCC). The Fund targets “blockstocks” — companies positioned at the explosive convergence of cryptocurrency and public equity markets. With over 80 public companies globally now holding digital assets worth billions and notable companies achieving returns exceeding 1,000% over the past year, the fund is positioned to capture high-conviction opportunities across multiple phases of this inevitable transformation.
The open-ended Fund, which has already deployed principal capital and targets $100 million+ AUM, focuses on companies engineering sophisticated financial products providing novel access to crypto holdings, while positioning for broader institutional adoption trends including major web3 IPOs and yield-generating digital assets and operating companies.
"The convergence of crypto and traditional finance has moved from experimental to inevitable," said Spencer Yang, a director of the VCC. "We're witnessing blockstocks like Strategy grow over 5,600% from $2 billion to over $113 billion market cap by engineering capital strategies around Bitcoin. Rather than speculation this represents recognition of structural advantages that make crypto adoption inevitable for forward-thinking public companies."
Market Momentum Accelerates Exponentially
Following greater regulatory clarity, crypto adoption by public companies has accelerated significantly. Recent major developments include Twenty One's $3.6 billion venture backed by Tether and SoftBank, Nakamoto's $710 million Bitcoin raise, and notable treasury additions from established companies like Tesla, which added 1,789 BTC in December 2024.
Companies implementing crypto asset strategies consistently command market cap premiums reaching 1.3-8x their crypto holdings' net asset value, reflecting strong investor demand for crypto exposure via public markets. The premium that these blockstocks command creates a compounding effect where each capital raise becomes inherently accretive to share price.
"Public companies have the flexibility to issue sophisticated financial instruments, enabling them to accumulate more crypto amidst volatility," explained Carylyne Chan, Managing Partner at BlockSpaceForce. "When their market-to-net-asset-value ratio exceeds 1.0x, every dollar raised creates more than a dollar of market cap — a virtuous cycle that slower, traditional players cannot replicate."
Through its own balance sheet, BlockSpaceForce has made direct investments in multiple crypto asset treasury companies, including $NAKA, $SBET, $FGNX, $BNC, StablecoinX, and more. These blockstocks are positioned to accumulate meaningful stakes across major crypto assets including Bitcoin, Ethereum, Solana, BNB, and others, with sustained mNAV expansion potential beyond their initial pre-announcement PIPE opportunities.
Through this strategic partnership on the Fund, BlockSpaceForce also provides advisory around special situations in the crypto asset cycle. As market opportunities evolve, BlockSpaceForce uniquely leverages its expertise to go beyond identifying category leaders to actively contributing to their long-term success through operational guidance.
Crypto-Native Expertise Meets Traditional Finance
BlockSpaceForce combines over a decade of crypto-native expertise with traditional finance sophistication. The team includes veterans from leading Web3 organizations like Coinbase (#1 crypto operating company in the world), CoinMarketCap (#1 site in the crypto industry by traffic), and Foundry (#1 Bitcoin mining pool), alongside deep experience from traditional firms including 3G Capital and Aspen Digital. This cross-sector background provides unique advantages in analyzing and understanding the underlying crypto assets for public companies and their associated infrastructure, economics, capital structuring, and operations in the long term.
The Fund’s evergreen structure is designed to adapt across multiple phases of evolution as crypto converges with public markets. It focuses on opportunities across the U.S., Asia, and major global markets.
"Crypto assets have moved from the margins to the mainstream of financial markets," Yang He, Managing Partner at BlockSpaceForce, concluded. "The Fund exists to identify these ‘blockstocks’ early and capture the outsized returns that come from the inevitable trend of traditional financial markets fully integrating crypto assets into core business operations."
About BlockSpaceForce
BlockSpaceForce (BSF) is a crypto-native advisory firm backing teams driving category dominance in the crypto space. Since 2013, BSF's founding team has built billion-dollar protocols, led 9-figure exits, and strategically invested in 50+ companies across the Web3 ecosystem. As operators and builders themselves, BSF combines hands-on experience with deep protocol fluency to help exceptional teams turn conviction into competitive advantage. BSF has particular expertise in “blockstocks” — public companies with crypto exposure — a rapidly growing category representing the inevitable convergence of crypto and public markets
This release is provided for information purposes only and does not constitute any offer to subscribe for, or purchase, any interests in the Fund. Any offer will be made only by way of a confidential offering to eligible investors.
Media Contact: team@blockspaceforce.com
Investor Relations: ir@blockspaceforce.com