RE7 CAPITAL, a distributed financing -oriented investment company that manages more than $ 600 million for digital assets, has launched a $ 10 million venture fund for SocialFi, a crossroads of social media and distributed finance. The fund aims to recover about 30 early startup buildings in this category.
Given the limited traction of SocialFi, the launch is noteworthy. But Luc de Leyritz, a general partner of RE7 Capital’s SocialFi, told the block today that it is “the most important category” in Crypto Investing. Leiritz was an investment manager after joining RE7 Capital last month after leaving Cherry Ventures earlier this year.
The $ 10 million funds look humble for category -centered vehicles. Leyritz, however, is the first check investor and generally prepares a check of $ 100,000 to $ 300,000 in the initial evaluation to support the conviction and focus on 25-30 teams.
Leiritz said, “Small funds are not a fee, but forced discipline and move quickly.” If the paper is proved, the next vintage will be expanded. “
According to Leyritz, this fund, with RE7 Capital, along with other sponsors, including the lens (SocialFi platform founded by AAVE’s Stani Kulechov), Dan Romero (FarCaster Co-Founder) and the existing re7 Capital Limited Partners It is fixed.
Leyritz said that $ 10 million of funds have not yet been raised, but more than 60% of the targets have already been committed by RE7’s existing limited partners. He added that the second deadline is expected in June, and the hard cap can later “slow”.
Why RE7 CAPITAL bet on Socialfi
“The timing is right: infrastructure, talent and user behavior are finally aligned.” “Many other approaches have appeared.”
In front of the infrastructure, he recently emphasized the lens chain, the lens chain of the layer two -block chain for SocialFi developed by AVARA, the parent company of AAVE. “Lens chain offers AWS (Amazon Web Services) style stacks. Since the area is close to the area, immediate finals, account abstraction, built -in wallets and plug and play social/financial Premium, the builder is not a few months, but its own brand, economy and UX (user experience) and independent social FI You can rotate the app.
He also pointed out FARCASTER and pointed out that “frame and deep links” were directly included in the posts that the social interaction was changed to a light experience of the dialogue. He added that he offers sandboxes to Builders to test users inside a core client similar to the Telegram app.
According to Leiritz, the best builder is currently in social blood space and more than 200 teams are actively built. He is also moving to a stratified incentive model on social platforms, saying that apps such as Pumpfun, Polymarket and Kaito are increasing.
“At some point, the producers can turn care in a new way that can be added to the content rather than subtracting the content.” “If the first hierarchy producer creates more warmth than advertising or brand trading, you can quickly snowball by bringing your potential customers to this platform.”
He is looking forward to adopting a broader Socialfi within 12-24 months.
The new fund will intercept the blockchain ecosystem, including the lens chain and packer studs, and invest in the SocialFi startup building.
The core expertise of the re7 Capital remains in the liquid and hot chain strategy, but the SocialFi venture fund is a timely expansion. Leiritz said, “For the first time in five years, we are seeing structural opportunities in the early stage encryption ventures.
Fund support newsletter: Update with the latest Crypto funding news and free BIMONTHLY newsletter The Funding. Sign up here!
Indemnity: Block is an independent media outlet that delivers news, research and data. As of November 2023, Poresight Ventures is the majority investor of this block. The predictive venture invests in another company in the encryption space. Crypto Exchange Bitget is an anchor LP of predictive venture. This block continues to work independently to provide objective, influential and timely information about the encryption industry. The following is the current financial disclosure.
© 2025 Block. All rights holdings. This article is provided only for the purpose of providing information. It is not provided or used as law, tax, investment, finance or other advice.