We manage digital assets out of Luxembourg, for professional investors.
The bridge between the professional investor and crypto assets.
Alberto Gordo, FundsPeople(opens in a new tab), 14 Oct 2021
Protein Capital has managed digital assets since 2018, through three Luxembourg funds, for investors who want a regulated structure, a named custodian and a team they can check.
Before you call, here are four things you can check for yourself
Custody
BBVA Switzerland holds our Bitcoin and Ether. The bank carried out its own due diligence on Protein Capital before accepting the mandate.
BBVA.com(opens in a new tab), 27 Oct 2022
Recognition
Voted best emerging digital asset manager at the Institutional Digital Assets Conference in London, 24-25 May 2023. AXA Investment Management, Schroders, Franklin Templeton, Fidelity and a16z were at the same event.
Territorio Bitcoin(opens in a new tab), 5 Jun 2023
Structure
Three Luxembourg funds, all structured as SLPs. Spanish capital, a Spanish team, a Luxembourg domicile.
FundsPeople(opens in a new tab), 14 Oct 2021
Largest position
Kraken, entered at a 1.8 billion dollar valuation. A pre-IPO round led by Citadel valued the company at 20 billion dollars.
What we invest in
Protein Capital is an asset manager specialized in digital assets since 2018. We invest in promising blockchain, Web3 and AI companies building products and services that power the Internet of Value.
Digital Assets
We invest in liquid digital assets which offer sound fundamentals and demand for their utility.
Venture Capital - Tokens
We fund and support innovative protocols that will usher in the next wave of adoption, in exchange for future token emissions.
Venture Capital - Equity
We become partners with the groundbreaking companies that are shaping the digital transformation of Web3.
Why Protein Capital
We stand out as leaders in the financial technology space. We take on the responsibility of guiding the way in the adoption and evolution of emerging technologies, setting standards of excellence and leading with vision and determination.
Custody
We only use the best in institutional grade digital custody, so our investors can be at ease knowing their investments are safe.
The custodian is BBVA Switzerland.
BBVA.com(opens in a new tab), 27 Oct 2022
Jurisdiction
We are registered in Luxembourg, a highly reputable jurisdiction for financial institutions, which offers the best protection to investors.
Deal flow
We co-invest with established partners to secure the best deals in the industry.
Co-investors reported alongside Protein Capital: Founders Fund, Breyer Capital, Investcorp, Pantera, Multicoin Capital and Tether. In Spain, Unicaja, BBVA and Telefonica.
Risk Management
Our main focus is minimizing Operational Risk. We diversify to extract the most upside when our indicators identify a risk-on market, and consolidate in least volatile assets during risk-averse markets.
Partners
We are partnered with the best participants in the industry to ensure maximum collaboration and growth.
Named above, with the source.
Track record
Voted best emerging digital asset manager at the Institutional Digital Assets Conference, London, 24-25 May 2023, organised by TradeTech.
Territorio Bitcoin(opens in a new tab), 5 Jun 2023
Twenty-one companies, and we will tell you about any of them
Six of them are named in a published profile of the firm: Kraken, Bit2Me, Flock, Hemi, Peaq and Parfin.
Published company profile(opens in a new tab), Dec 2025
- Kraken
- Bit2Me
- Flock
- Hemi
- Peaq
- Parfin
Millennials at the Helm of the Blockchain Revolution, Shaping a New Era from 2018 to 2038
Step into the era where millennials take charge, steering the course of the Millennial cycle from 2018 to 2038. At the helm of this transformative journey is blockchain technology, Web3 and AI, shaping a new narrative in the financial landscape. Embrace the opportunity as 71% of U.S. millennials express a strong inclination to invest in digital assets when provided by traditional financial institutions. The ongoing regulatory evolution further paves the way for a digital investment landscape that's primed for success.
Source for the 71% figure not yet supplied.
In the press
- Protein Capital shares its 2024 forecast for digital assets with ExpansiónExpansión
- Protein Capital, best emerging digital asset fund managerFunds Society, 5 Jun 2023
- Protein Capital entrusts the custody of Bitcoin and Ether to BBVA SwitzerlandBBVA, 27 Oct 2022
- Protein Capital creates a new financial options division led by Ricardo Sáenz de HerediaFunds People, 5 Apr 2022
- FORBES Talks: Megatrend funds, tomorrow's opportunity starts nowForbes, 21 Dec 2021
- Cryptocurrencies are making their way among institutional investorsCincoDías, 20 Dec 2021
- Investment Strategies: Crypto AssetsEstrategias de Inversión, 21 Nov 2021
- Are digital assets increasingly present in investments?Negocios TV, 20 Nov 2021
- Protein Capital lands in the United States and opens its first office in MiamiFunds Society, 5 Jun 2021
Who we are a fit for
Our funds are for professional investors. If that's you, the next step is a conversation, not a form you never hear back from. Tell us what you manage and what you're trying to solve, and we'll tell you straight whether we're a fit.
- You write to us
- One of us reads it, not a sales desk
- If it's not a fit, we'll say so