Sea Spray
David Gan is the Founder and General Partner of OP Crypto, the parent company
of OP Venture Fund and OP Fund of Funds. OP Crypto is a high conviction,
early-stage VC firm backing founders that will power the next step in Web3 gaming,
social and NFTs via application-layer infrastructure. David is the only former tier-1 centralized exchange executive to launch a crypto venture capital fund with native
ties to both the western and Asia markets.
In 2021, he founded OP Crypto to invest in projects that it believes will help shape
the future of corporate governance and transfer power from centralized entities to
content creators in the upcoming Web 3.0 ecosystem. With $50M in inaugural fund
backed by Huobi Ventures, Galaxy Digital’s Vision Hill FoF Platform, Digital Currency
Group, Mirana Ventures (Bybit), and The Brooker Group, OP Crypto aims to support
entrepreneurs seeking to build global products in the blockchain space. David’s
experience uniquely positions OP Crypto to provide best-in-class portfolio support
and go-to-market strategy.
In addition to the venture fund, OP Crypto has also launched its first OP Fund of
Funds that will seek to make strategic investments in upcoming fund managers and Venture DAOs, targeting emerging markets to support blockchain innovation across the globe.
Prior to founding OP Crypto, he served as a senior executive for three years at Huobi
Global where he managed Huobi’s principal investment strategy. He was also the
Director of Strategy within the CEO’s Office and Managing Director of Huobi Labs,
which incubates blockchain companies in their early stages and helps them attract
major user adoption in China.
In addition, he has experience at top traditional firms including Qiming Venture
Partners (Tier 1 $6bn AUM VC in China) and Morgan Stanley China (Investment
Banking Division-M&A). He also successfully built and exited an event based social
networking app and was recognized for the Forbes 30 Under 30 Asia award in 2019.