Theta Capital Management has launched Theta Blockchain Ventures IV, a fund-of-funds targeting early-stage blockchain infrastructure investments. With a target of $200 million in commitments, the fund aims to capitalize on what Theta views as a generational investment opportunity in blockchain technology. Scheduled for its first close on April 1, 2024, and final close on July 1, 2024, the fund continues Theta's strategy of investing in crypto-native venture capital firms. To date, Theta has deployed over $650 million, backing numerous leading blockchain projects from their inception. The firm has also published "The Satellite View," a report offering insights into the future of blockchain investment.