Merkle Tree Capital
Venture Capital
Early Stage, ICOs
Fund Overview
Type
Venture Capital
Strategy
Early Stage, ICOs
Region
Offshore
AUM
—
Founded
2018
Investments
10+
Key People
3 people
Martin Murgac
Co-Founder
Email
LinkedIn
Stefan Duliak
Co-Founder and CEO
Email
LinkedIn
Lubomir Ivanov
Co-Founder
Email
LinkedIn
Portfolio Investments
10 known investments
Fund Details & Due Diligence
Performance Database
Management Fee
Performance Fee
Min. Investment
Lockup
Auditor
Custodian
Legal
Performance
Since Inception
0.0119
2026 YTD
0.70%
Sharpe Ratio
0.24
Sortino Ratio
0.37
Max Drawdown
—
BTC Correlation
0.84
Best Month
0.4683
Worst Month
-0.3336
Positive Months
23 of 94
Since Inception
Cumul. Return
0.0119
Sharpe
0.24
Sortino
0.37
Max Drawdown
—
Skewness
0.16
Kurtosis
-0.12
VaR 95%
-0.2883
CVaR 95%
-0.2995
Omega
1.18
Alpha
-0.1258
Beta
0.87
Correlation
0.84
Calmar
—
Treynor
0.18
Best Month
0.4683
Worst Month
-0.3336
24-Month Rolling
Cumul. Return
24.37%
Sharpe
0.88
Sortino
1.46
Max Drawdown
—
Beta
0.54
Correlation
0.5703
VaR 95%
-23.55%
Skewness
-0.33
Kurtosis
-0.57
CVaR 95%
-24.30%
Omega
1.67
Alpha
-1.03%
Calmar
—
Treynor
0.92
12-Month Rolling
Cumul. Return
—
Sharpe
—
Sortino
—
Max Drawdown
—
Beta
—
Correlation
—
VaR 95%
—
Skewness
—
Kurtosis
—
CVaR 95%
—
Omega
—
Alpha
—
Calmar
—
Treynor
—
All metrics available across Since Inception, 24-Month, and 12-Month periods