Former Goldman Sachs employee founded crypto venture firm Neoclassic Capital

BlockBeats reported that Neoclassic Capital, a crypto venture capital firm founded by former Goldman Sachs employees Steve Lee and Michael Bucella, was officially established on May 15. The company is committed to injecting funds into emerging SoFi and GameFi projects, as well as various fields of the crypto industry such as digital asset lending, derivatives, and physical asset tokenization services.

Miami-based Neoclassic Capital was established in January this year and has received investments from Marc Andreessen, Chris Dixon, and Tampa Bay Lightning owner Jeff Vinik. The company focuses on early-stage (pre-seed to Series A) blockchain applications, leveraging the cross-cultural background and multilingual skills of the two founders to serve as a link between East Asian and North American digital asset investors and companies.

Bucella said that Neoclassic Capital's goal is to discover "controversial" projects that have the potential to grow into the first "controversial" projects with tens of millions or even hundreds of millions of daily active users in the next 5 to 10 years. Recently, the company has received investments from several international investors, including SBI Holdings executive Genki Oda and Zurich investment advisory firm L1 Digital AG, which will help it promote the development of emerging crypto projects. In the future, Neoclassic Capital also plans to launch hedge funds, growth equity and credit projects.