Syncracy Capital

Syncracy Capital, founded in 2022 by Daniel Cheung and Ryan Watkins, is a hedge fund that specializes in making high-conviction, concentrated investments in the leading entities of the cryptoeconomy. The firm operates with a thesis-driven approach, meaning it bases its investment decisions on well-researched and strongly held beliefs about the future of the market. Syncracy Capital's team is intentionally lean, consisting of just five professionals, three of whom are investors. This streamlined structure allows for agility and focused decision-making. The firm is fully remote, although it has a cluster of employees based in New York.

Syncracy Capital serves institutional investors and high-net-worth individuals who are looking to gain exposure to the cryptoeconomy. The firm operates in the financial services market, specifically within the niche of cryptocurrency and blockchain investments. Its business model revolves around identifying and investing in what it terms 'secular winners'—companies or projects that are expected to dominate their respective niches over the long term. Syncracy Capital makes money through management fees and performance fees, which are common revenue streams for hedge funds.

The firm's investment strategy is characterized by its focus on excellence and simplicity, both in portfolio construction and team dynamics. This approach is designed to maximize returns while minimizing complexity and overhead. Syncracy Capital's commitment to deep research and high-conviction investments sets it apart in the competitive landscape of cryptocurrency hedge funds.

Keywords: hedge fund, cryptoeconomy, high-conviction, concentrated investments, thesis-driven, institutional investors, high-net-worth individuals, blockchain, management fees, performance fees.