Digital Asset Capital Management

What Digital Asset Capital Management does

Digital Asset Capital Management (DACM) is a privately held, specialist digital asset investment manager founded in 2017 and domiciled in the British Virgin Islands, with an Australian operating entity (DACM Australia Pty Ltd) distributing wholesale products under the AFSL of Quay Wholesale Fund Services. The firm runs a three-fund platform covering liquid directional, market-neutral, and early-stage venture strategies in cryptocurrencies, tokens, and blockchain-native investments. Its flagship is the Digital Asset Fund (DAF), a BVI-domiciled, monthly-liquid vehicle with a US$250,000 minimum and a 12-month lock-up, complemented by the Australian wholesale Global Digital Asset Fund (GDAF) at A$50,000 minimum with daily liquidity, and the DACM Liquid Venture Fund focused on early-stage blockchain ventures (closed to new investors).

DACM serves professional and wholesale investor segments — primarily family offices and institutional allocators seeking professionally managed, regulated exposure to digital assets — and explicitly excludes retail clients and US Persons. Distribution is direct and relationship-based, supported by a content-marketing website, email newsletter, and a third-party investor portal (NAV Fund Services). The firm is registered as an Approved Manager with the BVI Financial Services Commission, while Australian activity is conducted via a corporate authorised representative appointment under Quay Wholesale Fund Services (AFSL 528526).

Revenue is generated via fund management fees on the three vehicles, with no headline AUM, fees, or revenue figures publicly disclosed. The firm's growth narrative relies on a fundamental, cycle-tested investment philosophy, leadership pedigree in technology investment banking (JP Morgan, Goldman Sachs), and category-leading performance awards for DAF in 2020 and 2021 and for the Liquid Venture Fund in 2020. Headcount is stated at 1-10, consistent with a boutique, founder-led CIO operation (Richard Galvin is Executive Chairman & CIO).

Name

Digital Asset Capital Management

Legal name

Digital Asset Capital Management Inc.

Website

https://dacm.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Digital Asset Capital Management (DACM) is a BVI-domiciled, specialist digital asset investment manager founded in 2017, operating three funds across liquid directional, market-neutral, and early-stage venture strategies. It serves professional and wholesale family office and institutional investors globally, with Australian distribution via Quay Wholesale Fund Services.

Ownership category

akta.pro rank

Headquarters

HQ city

Road Town

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management Fees: DACM generates revenue through management fees charged on its funds under management, including the Digital Asset Fund (DAF), DACM Global Digital Asset Fund (GDAF), and DACM Liquid Venture Fund. Revenue is derived from professional and wholesale investor capital deployed across cryptocurrencies, tokens, and blockchain venture investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

DACM is a specialist global investment manager focused on blockchain technology disruption and the digital asset sector. The firm manages three funds that invest across cryptocurrencies, tokens, listed and derivative markets, and early-stage blockchain ventures, serving professional and wholesale investors with liquid directional, market neutral, and venture capital strategies.

Product overview

DACM offers a suite of three investment funds providing institutional and wholesale investors with exposure to digital assets: the Digital Asset Fund (DAF) as the flagship BVI-domiciled fund for professional investors; the DACM Global Digital Asset Fund for Australian wholesale clients; and the DACM Liquid Venture Fund for early-stage blockchain venture investments. The funds range from liquid directional strategies with monthly liquidity to closed-end venture positions.

Differentiator

Problem solved

Functional benefit

Brands

• Digital Asset Fund (DAF): Flagship fund offering differentiated exposure to the digital asset sector with actively managed cryptocurrencies and tokens. BVI-domiciled.
• DACM Global Digital Asset Fund (GDAF)
• DACM Liquid Venture Fund

Products and services

• Digital Asset Fund (DAF)
• DACM Global Digital Asset Fund (GDAF)
• DACM Liquid Venture Fund

Quantifiable outcome

• Digital Asset Fund (DAF) awarded highest performing long-only fund in 2020 and 2021
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Pantera Capital: One of the earliest and largest US-focused crypto-native investment firms, running hedge fund and venture vehicles for institutional LPs. Closely comparable to DACM in multi-strategy digital-asset mandate and family-office/institutional target market.
• CoinShares: European-headquartered digital-asset investment manager offering a range of institutional-grade crypto funds and ETPs. Comparable to DACM in fund-vehicle construction and institutional/wholesale distribution.
• Bitwise Asset Management: US-based crypto asset manager focused on institutional and advisor channels, with index and single-asset funds. Comparable to DACM in operating regulated, institutional-only crypto funds with subscription access.
• Multicoin Capital: Crypto-native hedge fund and venture firm investing across liquid tokens and early-stage blockchain equity. Comparable to DACM's combination of directional liquid exposure and venture-stage digital-asset investments.
• Polychain Capital: Crypto-native investment firm running a venture-style and liquid-token mandate for institutional LPs. Highly comparable in digital-asset thesis and institutional target audience.
• ParaFi Capital: Digital-asset investment firm combining liquid-token and venture strategies for institutional clients. Comparable to DACM in multi-strategy crypto mandate and institutional LP orientation.

Broad incumbents

• Galaxy Digital: Public, full-service crypto financial-services firm with institutional asset management, trading, and venture activities. Operates in the same digital-asset investment space as DACM but at significantly larger scale and broader scope.
• Grayscale Investments: Largest crypto asset manager by AUM, offering single-asset and diversified investment products via private placement and ETPs. Comparable institutional-only distribution model but at materially larger scale.

Emerging players

• 21Shares: Issuer of crypto exchange-traded products (ETPs) serving institutional and retail investors in Europe and beyond. Adjacent peer offering regulated digital-asset exposure through packaged vehicles.

Regional players

• HashKey Capital: Asia-Pacific-focused crypto asset manager combining liquid-token and venture mandates, regulated in Hong Kong and Singapore. Comparable to DACM's multi-strategy institutional offering but geographically distinct.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/DigiAssetFund

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments49 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Digital Asset Capital Management