Breaking News: No Limit Holdings and ClearVue Partners Announce Successful Close of Oversubscribed $100M CVP NoLimit Fund II
Investing in the Future of Digital Assets
Investment Firm No Limit Holdings Expands in Emerging $15 Trillion Digital Asset Industry by Successfully Closing Oversubscribed Fund
June 2, 2025
In a groundbreaking move, No Limit Holdings (NLH), led by Gin Chao, an independent board member of Binance.US and former strategy officer of Binance.com, and ClearVue Partners (CVP) have announced the successful final close of CVP NoLimit Fund II (Fund II). This new fund aims to invest in native crypto projects, riding the wave of the burgeoning digital asset industry they forecast will surpass a market cap of $15 trillion by 2030.
NLH, which launched its initial fund in 2022, has already demonstrated impressive results, investment in over 40 projects, and outperforming Bitcoin with top-tier DPI (distributed to paid-in capital) and MOIC (multiple on invested capital) metrics. These achievements were secured through a disciplined approach to underwriting, focusing on the fast-evolving infrastructure and DeFi landscapes, as well as emerging sectors like DePIN (decentralized physical infrastructure networks).
Fund I led the pre-seed round of Wynd Labs, a significant contributor to Grass Protocol, one of the most successful DePIN projects. Grass Protocol enables users to earn rewards by sharing their internet bandwidth while providing verified institutions access to public web data. Additionally, Fund I supported new layer-ones, Sei and Sui, and next-generation synthetic stablecoin Ethena.
Andrej Radonjic, co-founder and CEO of Wynd Labs, praised the early support from NLH, stating, "NLH backed us when Grass was just an idea, and their conviction helped Grass grow from concept to fueling some of the largest AI data pipelines in the world."
Looking ahead, the team at NLH anticipates continuing industry growth in the next five years, expecting the market cap of digital assets to reach $15 trillion by 2030, as the regulatory environment stabilizes and institutional adoption accelerates.
Chao, who predicted Bitcoin's 2021 cycle high of $50,000 to $100,000 after Bitcoin's decline from $20,000 to $5,000 in early 2019, now estimates a Bitcoin high of around $150,000 for 2025, following Bitcoin's dip after the FTX meltdown in late 2022. In the coming cycle, NLH anticipates a Bitcoin high of $400,000 to 500,000, further strengthening its position against gold as both a hedge against sovereign risk and a superior store of value.
Chao emphasizes, "Our conviction in this industry is stronger than ever. We're not just investing in technical protocols; we're backing systems that will underpin the next era of global finance, governance, authentication, and transactions."
Positioned to lead early-stage investments for the upcoming cycle, Fund II is also branching into B2C applications, recently launching its inaugural business plan competition in collaboration with leading FMCG executives to develop blockchain solutions for global enterprises serving billions of consumers.
Fund II surpassed its $100 million target within nine months and has already made investments into portfolio projects, including Altius, Aro Network, Blum, Hyperlend, and ICN.
About No Limit Holdings
No Limit Holdings (NLH), an investment firm focused on global blockchain assets, was founded with the mission of accelerating value creation through blockchain technology globally. Founded by industry veterans and backed by strategic partners, NLH is dedicated to identifying and investing in innovative web3 technologies with the potential to reshape the future of finance, governance, and the digital economy.
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[1] No Limit Holdings Press Release, June 2, 2025[2] CoinMarketCap, June 2, 2025[3] Glassnode, June 2, 2025[4] Binance Research, June 2, 2025[5] Deloitte, June 2, 2025
- The successful close of CVP NoLimit Fund II indicates a significant investment in native cryptocurrency projects, signifying No Limit Holdings' and ClearVue Partners' belief in the bright future of blockchain technology in finance.
- With a strategic approach towards underwriting, No Limit Holdings is not only investing in blockchain projects but also backing systems that will underpin the next era of global finance, governance, authentication, and transactions, including altcoins, DeFi networks, and B2C applications built on blockchain.
