3 Comma Capital

🚀 𝐏𝐨𝐫𝐭𝐮𝐠𝐚𝐥’𝐬 𝐂𝐫𝐞𝐝𝐢𝐭 𝐑𝐚𝐭𝐢𝐧𝐠 𝐔𝐩𝐠𝐫𝐚𝐝𝐞𝐝 𝐭𝐨 '𝐀' – 𝐖𝐡𝐚𝐭 𝐈𝐭 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐒&𝐏 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐚𝐭𝐢𝐧𝐠𝐬 has upgraded Portugal’s sovereign credit rating to ‘A’ with a positive outlook, reinforcing the country’s economic resilience, fiscal prudence, and declining government debt. This milestone places #Portugal among the most stable economies in Europe, making it even more attractive for international investors. This upgrade is excellent news for Golden Visa investors, especially those choosing fixed-income investments over more volatile alternatives. At 3 Comma Capital, we have designed the Portugal Golden Income Fund to capitalize on this environment, offering a bond-focused strategy with: ✅ 70% allocation to Portuguese corporate bonds, benefiting from improved credit stability. ✅ Daily liquidity, providing flexibility unmatched by Private Equity or real estate funds. ✅ No subscription fees and low management costs, maximizing investor returns. ✅ Two share classes: Accumulation (growth) and Distribution (income payout – SDIRA compliant). More information about the Portugal Golden Income Fund here: https://lnkd.in/d5k5HCnp With Portugal’s financial outlook stronger than ever, now is the time to invest in a secure, stable, and visa-eligible fund. 🔗 Learn more about this upgrade to Portugal's rating by S&P Global Ratings in our Blog: https://lnkd.in/dQ8apAQp 3 Comma Capital 𝐄𝐥𝐞𝐯𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 | 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 #GoldenVisa #Investment #Portugal #FixedIncome #Bonds #3CommaCapital #ResidencyByInvestment #PortugalGoldenIncomeFund

🚀 𝐁𝐢𝐥𝐛𝐚𝐨 𝐁𝐮𝐳𝐳𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐖𝐞𝐛3 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧! 🚀 👉 What an incredible event in Bilbao! The Startup Wise Guys Investor’s Summit was a whirlwind of energy, insightful discussions, and networking (and amazing food 😋 and architecture!) which counted with the presence of 3 Comma Capital General Partner Pedro Cerdeira! But the 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭? Celebrating the graduation of our latest #Web3 acceleration cohort, a joint venture between 3 Comma Capital and Startup Wise Guys! 🤝 Huge congrats to 3 Comma Capital 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐜𝐨𝐦𝐩𝐚𝐧𝐲, CREDI (credilabs.io), for reaching the milestone! 𝐂𝐑𝐄𝐃𝐈 is revolutionizing private credit through tokenization, and the buzz around their potential was palpable. 👏 The 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫’𝐬 𝐒𝐮𝐦𝐦𝐢𝐭 also provided the perfect platform for investors to network and spark some truly insightful conversations. The collaborative format, bringing investors and startups together for focused discussions, proved incredibly valuable. A big thank you to Cristobal Alonso and the entire team Startup Wise Guys for organizing such a successful event! 👏 3 Comma Capital 𝐄𝐥𝐞𝐯𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 | 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 #web3 #vcfunding #venturecapital #cohort #3commacapital #SWG #Credi #Web3 #Blockchain #Networking #Community #InvestorsSummit #Bilbao

3 Comma Capital is Hiring!! 👇

📢 We're Hiring: 𝐇𝐞𝐚𝐝 𝐨𝐟 𝐑𝐢𝐬𝐤 – 3 Comma Capital 3 Comma Capital is looking for a 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 – 𝐇𝐞𝐚𝐝 𝐨𝐟 𝐑𝐢𝐬𝐤 to join our team. This 𝐬𝐞𝐧𝐢𝐨𝐫 𝐫𝐨𝐥𝐞 reports directly to the CEO and plays a critical part in shaping our 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐢𝐬𝐤 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤. 🔹 𝐊𝐞𝐲 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬: ✅ Develop a comprehensive risk management framework for 3CC ✅ Oversee valuations, financial, and regulatory reporting ✅ Ensure fund documentation is accurate, compliant, and accessible ✅ Maintain and update internal policies ✅ Assess investment decisions with a focus on risk ✅ Hold a seat on the Investment Committee ✅ Contribute to business growth opportunities 🌐 About 3 Comma Capital 3 Comma Capital is a 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐞𝐝 𝐚𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐚𝐬𝐬𝐞𝐭 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 𝐚𝐧𝐝 𝐯𝐞𝐧𝐭𝐮𝐫𝐞 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐟𝐢𝐫𝐦. It is 𝐟𝐮𝐥𝐥𝐲 𝐢𝐧𝐝𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐭 𝐚𝐧𝐝 𝐨𝐰𝐧𝐞𝐫-𝐦𝐚𝐧𝐚𝐠𝐞𝐝, and one of the most innovative investment management companies in Portugal. 📎 https://lnkd.in/dFuGBd4u This is a unique opportunity to join a fast-growing investment firm and play a pivotal role in its 𝐫𝐢𝐬𝐤 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐚𝐧𝐝 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞. 📩 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝? 𝐒𝐞𝐧𝐝 𝐲𝐨𝐮𝐫 𝐂𝐕 𝐭𝐨 👉 hello@3commafunds.com 3 Comma Capital | 𝐄𝐥𝐞𝐯𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞, 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 #Hiring #RiskManagement #InvestmentFunds #PrivateEquity #Finance #WeareHiring #3CommaCapital #HumanResources #Jobs

📢 Upcoming Seminar at FEP U. Porto – Economics and Management – University of Porto! We are excited to announce that Nuno Serafim, Managing Partner at 3 Comma Capital, will be speaking at the FEP U. Porto – Economics and Management in a seminar titled: 🌐 Crypto: The Asset Class, Regulation, and Technology (in English) This session will explore the evolving landscape of the crypto asset class, the latest regulatory developments, and the technological advancements shaping the industry. 📅 Date: February 27, 2025 🕕 Time: 18:30h 📍 Location: In-person seminar at Auditorium 118, Main Building – FEP, University of Porto 🎟 The event is free, but registration is required. 👇 Secure your spot now: https://lnkd.in/dFDQ2uCV This is a great opportunity for students, professionals, and crypto enthusiasts to gain insights from an industry expert and discuss the future of digital assets. We look forward to seeing you there! 😃 ----------------------------- 📢 Seminário na FEP U. Porto – Economics and Management – Universidade do Porto! Temos o prazer de anunciar que Nuno Serafim, Managing Partner da 3 Comma Capital, será orador na FEP U. Porto – Economics and Management num seminário com o tema: 🌐 Cripto: a classe de ativos, a regulação e a tecnologia (em inglês) A sessão abordará a evolução da classe de ativos digitais, as mais recentes mudanças regulatórias e os avanços tecnológicos que moldam este setor. 📅 Data: 27 de fevereiro de 2025 🕕 Hora: 18h30 📍 Local: Seminário presencial no Auditório 118, Edifício Principal – FEP, Universidade do Porto 🎟 O evento é gratuito, mas requer inscrição. 👇 Garanta o seu lugar aqui: https://lnkd.in/dFDQ2uCV Uma excelente oportunidade para estudantes, profissionais e entusiastas de crypto aprofundarem conhecimentos com um especialista da indústria e debaterem o futuro dos ativos digitais. Esperamos por si! 😃 3 Comma Capital | Elevating the Future, Empowering Investments #Crypto #AtivosDigitais #Blockchain #Finanças #Regulação #UniversidadedoPorto #3CommaCapital #Seminar #DigitalAssets #Regulation #Finance #Seminario #Economia

🔹 Ethereum’s All-Time Low Transaction Fees - February 2025 🔹 #Ethereum blockchain transaction fees hit an all-time low in February, dropping to just $0.50 per transaction. Thanks to Layer-2 (L2) solutions and rollups, transactions are now faster and cheaper than ever—a major win for users and developers. Ethereum evolved from processing 15 transactions per second to thousands! 🥳 But here’s the catch: while costs have gone down 📉, complexity has gone up 📈. With over 50 Layer 2 networks, Ethereum has become a fragmented ecosystem. Users now have to switch networks, bridge assets, and navigate multiple transactions just to complete basic actions. The irony? Low fees, but a somewhat more complicated experience. More friction, more risks, and a higher chance of mistakes. #wecandobetter In the meantime, institutional money is increasing Ethereum exposure. A recent report from The Block, based on the latest 13F filings, highlights a remarkable rise in institutional investments in Ethereum ETFs. In Q3 2024, institutions held just 4.8% of these funds. By Q4, that number had surged to 14.5%—almost tripling in just three months! 📎 https://lnkd.in/e4yg6RAW As Ethereum continues to scale, solving cross-chain fragmentation is the next big challenge. Will new standards like ERC-7683 bring back the simplicity users need? 🤔 #Ethereum #Layer2 #Crypto #Blockchain #Web3 #DeFi

🇵🇹 Secure Your Portugal Golden Visa with the Portugal Golden Income Fund 💼 Looking for a stable and strategic path to EU residency? The Portugal Golden Visa remains one of the most attractive investment migration programs, and the Portugal Golden Income Fund offers a seamless, compliant, and professionally managed route to qualify. 👉 Why Choose the Portugal Golden Income Fund? ✅ Eligible for the Portugal Golden Visa with a €500K investment ✅ 70% allocation to bonds – capital preservation focus 📈 ✅ Diversified portfolio: 15% allocation to the S&P 500, tapping into global market growth while maintaining stability ✅ Long-term potential: 15% allocation to carefully selected #digitalassets, offering growth potential #Bitcoin ✅ Distribution share class – earn 3%–4% per year ✅ No real estate exposure, no maintenance hassle, GV Eligible ✅ No entry fees & competitive management costs ✅ Low-to-moderate risk ✅ Target ROI: 10% p.a.  ✅ Open-ended fund with daily liquidity ✅ Monthly reporting, enhancing transparency ✅ No mandatory lock-up period 🔗 Visit the Portugal Golden Income Fund page to know more: https://lnkd.in/d5k5HCnp 👉 Why the Portugal Golden Visa? ✔️ Visa-free travel across the Schengen Area ✈️ ✔️ Low physical stay requirement – just 7 days per year ✔️ Pathway to optional Portuguese citizenship in 5 years ✔️ Tax-efficient structure with no wealth tax in Portugal ✔️ Family Reunification for several family members ✔️ Opportunity to Live, Work, and Study in Portugal ✔️ Tax Benefits: Those who choose to relocate can benefit from Portugal’s Non-Habitual Resident (NHR) tax regime ⚠️ With real estate no longer an option in 2025, investment funds are the preferred route for international investors seeking stability, compliance, and strong returns while securing EU residency. 📌 Learn more about the Portugal Golden Visa and how the Portugal Golden Income Fund can help you qualify in 3 Comma Capital Golden Visa Guide: 🔗 https://lnkd.in/dX9pTTiV 📩 Interested? Contact us to discuss how our Fund can support your Golden Visa journey. 3 Comma Capital | Elevating the Future, Empowering Investments #PortugalGoldenVisa #GoldenVisa #ResidencyByInvestment #InvestmentFund #EUResidency #PortugalInvestment #WealthManagement #PassiveIncome #3CommaCapital #PortugalGoldenIncomeFund #SchengenVisa #CitizenshipByInvestment

3 Comma Capital | Portugal Golden Income Fund – January 2025 Report 📝 The Portugal Golden Income Fund (PGI) delivered a 1.55% return in January. Entering 2025, the Fund maintains a mature, diversified portfolio of six investment-grade Portuguese issuers while continuing to reinforce its core strategy: capital preservation and target returns. 💡 We introduced enhanced portfolio transparency in our reports this month, including a monthly return table and an updated asset class breakdown. As usual, it will be a pleasure to have your feedback. 📢Key Developments Shaping the Market ✅ Digital Assets Take the Lead – #Bitcoin surged to a new all-time high of $109,000, rebounding from an 18% correction. Market sentiment was fueled by optimism surrounding Donald Trump’s inauguration. The 3CC Global Crypto Fund returned 8.04% last month, contributing 98bps to the PGI’s overall performance. ✅ Fixed Income Resilience – European corporate bonds remained stable, despite mixed market conditions. Fidelidade led fixed-income gains, adding 32bps to the Fund’s return. ✅ Equity Market Divergence – The S&P 500 climbed 2.70%, while the Nasdaq underperformed at +1.60%, a rare shift after months of tech-driven outperformance. Post-inauguration policy clarity and stronger-than-expected earnings supported risk assets, with the S&P 500 reaching an all-time high of 6,118 points. 🎯 Performance Overview 📌 Total Fund Return: +1.55% 📌 Digital Assets: +98bps (driven by 3CC Global Crypto Fund’s 8.04% return) 📌 Fixed Income: +49bps (led by Fidelidade’s 32bps contribution) 📌 Equities: +34bps (boosted by AMUNDI S&P 500 ETF’s 3.27% return) Despite volatility in sovereign debt, investment-grade corporate bonds posted gains, benefiting from tighter credit spreads. The AMUNDI S&P 500 UCITS ETF - EUR delivered a 3.27% return, benefiting from the unhedged currency exposure. 🏦 Macro & Monetary Policy Outlook ⚠️ Federal Reserve Policy – The #FED was cautious, signaling that a March rate cut is unlikely. The 10-year U.S. Treasury yield stabilized at 4.58% in January. 📉 #ECB Cuts Again - The European Central Bank cut interest rates for the fifth time since it began easing monetary policy. 🌐 Looking Ahead The Portugal Golden Income Fund remains positioned to navigate market shifts, leveraging its investment-grade fixed-income exposure, strategic digital asset allocation, and balanced equity exposure. With growing investor interest and a strengthened AUM base, 3 Comma Capital remains committed to delivering attractive, risk-adjusted returns. 👉 Learn more about the Portugal Golden Income Fund: https://lnkd.in/d5k5HCnp 3 Comma Capital | Elevating the Future, Empowering Investments #PortugalGoldenIncomeFund #3CommaCapital #InvestmentStrategy #FixedIncome #DigitalAssets #Diversification #GoldenVisa #Portugal #GoldenVisa #CitizenshipbyInvestment #PortugalGoldenVisa #InvestmentFund #PGI

🚀 3 Comma Capital Global Crypto Fund – January 2025 Report 🚀 January was a month of volatility, historic milestones, and transformative policy shifts in the #digital asset landscape. #Bitcoin retraced from December highs of ~$108,000 to a low of ~$89,000 (-18%) before rebounding to a new all-time high of $109,000, driven by optimism surrounding Donald Trump’s inauguration and pro-crypto policy signals. 📢 Key Developments Shaping the Market: ✅ #Trump’s Executive Order on Digital Assets – Signed on January 23, the order promotes regulatory clarity, explores a national Strategic Bitcoin Reserve (SBR), and supports dollar-backed #stablecoins. ✅ SEC Rescinds SAB121 – A major win for institutional crypto adoption, removing barriers for financial institutions to custody digital assets. ✅ Bitcoin ETF Inflows Surge – $5.25B in net inflows, with BlackRock and Fidelity leading. BlackRock's ETF now holds 2.7% of the total Bitcoin supply (~580K BTC). ✅ #Solana's Continued Strength – The network dominated revenue rankings, fueled by increased adoption and attention from the $TRUMP meme coin launch. #SOL gained 23% in January, adding 145 bps to the Fund’s performance. 🎯 Performance Overview: 📈 3CC Global Crypto Fund: +8.04% in January, bringing total returns since inception to +35.80%. 📊 Bitcoin Led Gains (+12%), contributing 706 bps to the Fund’s overall performance. 📉 The Fund underperformed its benchmark (+11.02%), largely due to zero exposure to Ripple (XRP), which surged 48.3% in January. 📉 Market Volatility & AI Shockwaves Tech stocks tumbled late in the month as DeepSeek-V3, a new AI model from China, triggered a market-wide selloff. Bitcoin briefly fell 6% before rebounding. 🏦 Macro & Monetary Policy Outlook: 🔸 FED Holds Rates Steady – No cuts yet, with March unlikely. 🔸 ECB Cuts Interest Rates – Fifth consecutive easing move in Europe. 🔸 Bitcoin Remains the Best-Performing Major Asset over the past year. ⚡ Looking Ahead: The future of digital assets is rapidly evolving. Two major catalysts stand out: 1️⃣ Elon Musk’s "Department of Government Efficiency (#DOGE)" is exploring #blockchain for public finance transparency, reinforcing the case for institutional adoption. 2️⃣ Crypto Czar David Sacks projects a "Golden Age" for Digital Assets, with stablecoin regulation emerging as a top priority. As crypto markets navigate these transformative shifts, the 3CC Global Crypto Fund remains committed to seizing opportunities while maintaining prudent risk strategies. 👉 Learn more about the Global Crypto Fund: https://lnkd.in/dhifgkdB 3 Comma Capital | Elevating the Future, Empowering Investments #3CCGlobalCryptoFund #Crypto #Bitcoin #Blockchain #DigitalAssets #Investment #CryptoETF #Solana #XRP #Regulation #Trump #AI #FED #Ethereum #AAVE #GlobalMarkets #Investing #3CommaCapital #GlobalCrypto #ECB #Web3 #AssetAllocation #Volatility #DeFi #Investment #Blockchain

3 Comma Capital participated in another edition of the Presidents’ Breakfast, organized by APFIPP – Portuguese Association of Investment Funds, Pension Funds, and Wealth Management. Our founder and Managing Partner, Nuno Serafim, was invited to speak on "Digital Assets: Technology, Asset Class, and Regulation," sharing valuable insights on how crypto assets are reshaping financial markets. APFIPP plays a key role in the industry, promoting the development of investment funds and pension plans in Portugal. It was a privilege to take part in this initiative and contribute to the discussion on such a relevant and rapidly evolving topic. A big thank you to APFIPP for the invitation and the opportunity to foster dialogue on the future of digital assets! 🚀💡 --------------------------------- A 3 Comma Capital esteve presente em mais uma edição do Presidents’ Breakfast, organizado pela APFIPP – Associação Portuguesa de Fundos de Investimento, Pensões e Patrimónios. O nosso fundador e Managing Partner, Nuno Serafim, foi convidado a intervir com a apresentação "Ativos Digitais: a tecnologia, a classe de ativos e a Regulação", partilhando insights valiosos sobre o papel dos ativos digitais na transformação dos mercados financeiros. A APFIPP desempenha um papel fundamental no setor, promovendo o desenvolvimento dos fundos de investimento, fundos de pensões e gestão de patrimónios em Portugal. Foi um privilégio participar nesta iniciativa e contribuir para a discussão sobre um tema tão relevante e em constante evolução. Agradecemos à APFIPP pelo convite e pela oportunidade de fomentar o diálogo sobre o futuro dos ativos digitais! 🚀💡 #3CommaCapital #CryptoAssets #Blockchain #Finance #Innovation #InvestmentFunds #APFIPP #Bitcoin #Ethereum #Solana #DigitalAssets #Investment #AssetManagement