BlockSpaceForce, Mainnet Capital Launch $100 Million Crypto Fund for Blockstocks

- Singapore fund targets $100 million AUM focusing on crypto-linked equities. - First investments locked in for DATs like Kindly MD and SharpLink Gaming. On September 4, 2025, The Block reported that Singapore-based BlockSpaceForce and licensed fund manager Mainnet Capital launched a $100 million open-ended hedge fund. The fund will invest in "blockstocks," which are public companies tied to the blockchain, and it aims to carve out a niche by targeting equities directly and indirectly linked to the cryptocurrency ecosystem. The term "blockstocks" covers three distinct categories: pure-play crypto firms, traditional companies that integrate cryptocurrencies, and crypto-adjacent platforms that adopt digital assets. The fund places particular emphasis on Digital Asset Treasury (DAT) firms. These entities manage liquid, institutional-grade digital assets such as Bitcoin, Ethereum, Chainlink, and Solana, positioning themselves as cornerstones in the evolving digital finance ecosystem. To guide investment decisions, the hedge fund uses a three-part framework focusing on structural soundness, capital efficiency, and strategic asymmetry. Its initial portfolio includes stakes in DATs such as Kindly MD, Inc. (NAKA), SharpLink Gaming Inc. (SBET), SUI Group Holdings Ltd. (SUIG), CEA Industries Inc. (BNC), and Fundamental Global Inc. (FGNX). Operating as an open-ended vehicle, the fund has the flexibility to raise additional capital and pivot to emerging opportunities as traditional finance and the digital asset landscape converge. However, regulatory conditions restrict access to accredited and institutional investors, a policy that ensures compliance with Singapore's financial oversight.