Former ParaFi Capital partner launches private equity fund Inversion Capital

ChainCatcher news, according to The Block, Santiago Roel Santos, who previously served as a partner at the blockchain venture capital firm ParaFi Capital, announced the launch of a private equity fund, Inversion Capital, aimed at acquiring traditional businesses and transforming their operations through the adoption of cryptocurrency technology.

Santos believes that some businesses can address coordination issues by adopting crypto tools, which "manifest as higher operating costs, capital expenditures, or declining unit economics." It does not matter whether business owners are reluctant to accept cryptocurrency, as Inversion Capital will not become an investment partner—it will directly acquire these businesses.