No Limit Holdings (NLH), a global blockchain investment firm led by Binance.US board member Gin Chao, together with ClearVue Partners (CVP), announced the final closing of CVP NoLimit Fund II, targeting over $100 million to invest in native crypto projects amid a booming digital asset industry expected to reach nearly $15 trillion by 2030.
Building on the success of Fund I—launched in 2022—which backed more than 40 projects and significantly outperformed Bitcoin through disciplined investments in infrastructure, DeFi, and emerging sectors like decentralized physical infrastructure networks (DePIN), Fund II aims to capitalize on the blockchain industry’s anticipated rapid expansion. Notably, Fund I led the pre-seed round for Wynd Labs, the team behind Grass Protocol, a pioneering DePIN platform enabling users to monetize unused internet bandwidth and facilitating institutional access to verified public web data.
“NLH backed us when Grass was just an idea. Their conviction and early support helped Grass grow from concept to fueling some of the largest AI data pipelines in the world,” said Andrej Radonjic, CEO of Wynd Labs.
NLH forecasts the blockchain market cap nearing $15 trillion by 2030 as regulatory clarity improves and institutional adoption accelerates. Chao, recognized for accurate Bitcoin cycle predictions—including a $150,000 peak forecast for 2025—now anticipates Bitcoin reaching $400,000 to $500,000 in the next cycle, further cementing its role as a superior store of value compared to gold.
“With increasing institutional adoption, our conviction in this industry is stronger than ever,” Chao stated. “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.”
Fund II focuses on early-stage investments in visionary founders driving blockchain innovation, with continued emphasis on the intersection of blockchain and AI, alongside growing opportunities in consumer-facing applications. The fund recently launched a business plan competition in partnership with FMCG executives to develop blockchain solutions impacting billions worldwide.
Harry Hui, CVP co-founder, added, “The CVP NoLimit funds have built an institutional franchise in three short years. We are excited about the partnerships with NLH, investors, and industry leaders to drive use cases and adoption for the new economy.”
Within nine months, Fund II exceeded its $100 million target and has already invested in projects such as Altius, Aro Network, Blum, Hyperlend, and ICN, positioning itself at the forefront of blockchain’s next growth cycle.
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