Mission
To channel patient capital and operating expertise into technology that makes finance more open, more verifiable and more useful to ordinary people.
About us
We invest the way we build: slowly, transparently, and with our own hands in the product
Vina Blockchain Capital is the venture and digital-asset arm of THiG — Thi Holding Investment Group, operated by Vinathis Corporation. We combine an investor's discipline with an operator's instinct, because the group runs its own technology platforms.
Our story
From an operating group to an investment desk
THiG began as an operating group building financial technology, media and commerce platforms. Running those businesses taught us something most capital allocators only read about: where products break, what compliance really costs, and how long it takes to earn a user's trust.
Vina Blockchain Capital was formed to put that experience behind other founders. We back teams working on blockchain infrastructure, decentralised finance, digital ownership and the real-economy sectors we care about — health, education and clean food — and we hold a diversified sleeve of listed equities so that the venture book never has to be sold at the wrong moment.
The group continues to build alongside its investments, including a market-education and paper-trading platform and a Net Zero carbon accounting initiative. Those products keep our research honest: we ship, so we understand what shipping costs.
Purpose
Mission, vision and the line we will not cross
Vision
A portfolio in which every position can be explained in one page — what it does, why it wins, what would make us wrong — and a group whose growth does not depend on any single market cycle.
Our red lines
No guaranteed returns, no multi-level referral schemes, no anonymous teams, no projects whose only revenue is the sale of their own token. We would rather miss a rally than fund one of those.
Principles
Six rules that survive every market cycle
They are deliberately boring. Boring is what remains standing after a drawdown.
01
Write the thesis first
No capital moves before a written memo states the thesis, the risks and the exit conditions.
02
Size before conviction
Position limits are set by liquidity and correlation, not by how excited the room feels.
03
Diversify across time
Entries are staged. A single date should never determine the outcome of a position.
04
Custody is a decision
Where an asset is held, and who can move it, is underwritten as carefully as the asset itself.
05
Report the losses first
Reviews open with what went wrong. Anything else produces a portfolio nobody can correct.
06
Sustainability counts
Health, education and clean-food exposure carries explicit weight in allocation decisions.
Structure
How the group fits together
Vina Blockchain Capital does not operate in isolation. It sits inside a group that builds, operates and invests.
| Entity | Role | Relationship to VBC |
|---|---|---|
| THiG — Thi Holding Investment Group | Holding group and ultimate owner | Parent organisation; sets governance and capital policy |
| Vinathis Corporation | Operating company: technology, platforms, services | Operates the platforms and provides shared engineering, legal and finance functions |
| Vina Blockchain Capital | Venture and digital-asset investment | This entity — screening, diligence, allocation and portfolio support |
| Group platforms | Market education, paper trading, Net Zero & carbon accounting | Provide live product signal and data that feed our research |
People
Leadership and functions
A small team by design. Every function below is a named accountability, not a job board.
Capital is the easy part. The difficult part is staying honest about what you do not know, and staying present when a founder's month goes badly.
Hoàng Thi
Founder & Chief Executive Officer, THiG
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Investment committee
Approves every commitment against a written memo. No single person can allocate alone.
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Research & diligence
Sector theses, on-chain analysis, code and audit review, financial modelling.
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Risk & custody
Position limits, counterparty and custody policy, incident response.
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Portfolio support
Product, hiring, legal structuring and market entry for portfolio companies.
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Investor relations
Reporting, onboarding and eligibility checks — reachable at capital@vinathis.com.
Responsibility
Compliance and responsible investing
What we require of ourselves
- Identity and source-of-funds checks (KYC/AML) on every counterparty we transact with.
- Jurisdiction-specific eligibility review before any participation is discussed.
- Segregation of group treasury from portfolio positions.
- No public performance claims that we cannot evidence on request.
What we require of founders
- Identifiable founders and a lawful corporate structure.
- Independent security audit before any mainnet deployment handling user funds.
- Clear token or cap-table economics, with vesting that survives a bear market.
- Willingness to report monthly KPIs, including the bad months.
Vina Blockchain Capital never guarantees returns and never asks for funds through private messages, referral chains or unofficial channels. Our only investor e-mail address is capital@vinathis.com. If you are contacted by anyone claiming otherwise, please report it to us. See the full risk disclosure.
Work with us
Founders, co-investors and service providers are all welcome to start a conversation. We read every message that reaches our investment desk.