Meltem Demirors has become a prominent voice in the blockchain industry through her work at the digital asset investment firm CoinShares and her 263,000-follower count in the trenches of Crypto Twitter. After investing in hundreds of companies at CoinShares and as an angel investor, Demirors is launching her own venture firm called Crucible Capital, according to forms filed with the Securities and Exchange Commission on Tuesday.
The Delaware-based Crucible is raising two separate funds with an intended size of $30 million and $45 million, with Demirors listed as the managing member of the general partner. Both forms indicate that the funds have yet to receive outside capital. This does not necessarily mean that the funds have not received informal funding commitments, or that Demirors has already raised through other corporate vehicles. Demirors declined to comment.
