Why Crypto Strategies Expire | Thejas Nalval, Parataxis Capital (Episode #64)
In this episode, I sit down with Thejas Nalval, Co-Founder and CIO of Parataxis Capital. After nearly a decade at Goldman Sachs, Thejas made the jump into crypto and ultimately launched Parataxis in 2020. Since then, he has managed the firm’s flagship fund across multiple cycles while building out a range of strategies for investors with very different risk and return mandates. What I find particularly interesting about Thejas is that he doesn’t subscribe to any one way of making money in crypto. His view is that markets evolve so quickly that a strategy generating alpha today can be obsolete 18 months from now. The job is to continually find new pockets of opportunity and know when to dial risk up or down. With markets heating up again, I was excited to get him on the show. We cover everything from outperforming Bitcoin and generating repeatable alpha to forced sellers, Hyperliquid, tokenization, and where Bitcoin fits in a portfolio today. Let’s get into it. Connect with the guest Parataxis https://www.parataxis.io Disclaimer Ben Jacobs is a partner at Scenius Capital Management. All views expressed by Ben and the guests of this podcast are solely their opinions and do not reflect the opinions of Scenius Capital Management. Guests and the host may maintain positions in the assets or funds discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy but only as an expression of their personal opinion. This podcast is for informational purposes only.
