Location: New York City (HQ)
Reports to: General Partners
Reciprocal Ventures is a research-driven investment manager. We believe that blockchain networks represent a paradigm shift in the transfer of information and value. Our thesis is that the resource coordination and verifiability of open-source blockchains will reshape the foundations of trust within our legacy systems, starting with the internet and capital markets.
Since 2017, Reciprocal has backed 50+ teams, including some of the largest projects by market cap. We are proud to have seeded projects that have onboarded millions of daily users and billions in capital onto crypto rails.
The firm’s founders have roots in discretionary, liquid trading and possesses a significant amount of market skill, experience and information. We regularly generate proprietary insights that can be leveraged in a public portfolio and seek to formally develop this strategy for the first time.
You will help identify and execute on emerging opportunities in the liquid markets. You can leverage the firm’s insights to develop differentiated ideas, then grow our exposure to these new narratives The mandate is long-biased, concentrated, and conviction-led; success is measured by absolute and risk-adjusted returns, quality of research, and differentiated viewpoints.
| Domain | Key Deliverables |
|---|---|
| Investment Strategy | Develop top-down and bottom-up frameworks across crypto sectors. Create theses with sizing and risk limits. |
| Idea Generation & Execution | Produce differentiated trade ideas with clear catalysts, valuation work, and exit parameters. Execute via CEX, DEX, OTC, and prime venues while adhering to best-execution and liquidity-management standards. |
| Portfolio & Risk Management | Onboard systems that help maintain live P/L and VaR. Run scenario analyses around unlocks, forks, governance events, and macro stress. |
| Infrastructure Build-out | Help stand-up OMS/EMS, on-chain analytics, and automated reporting that meet institutional control and audit requirements. |
| Counterparty Management | Expand our existing relationships with exchanges, OTC desks, market-makers, and data providers. |
| Thought Leadership | Publish crisp research notes, present at industry forums, and brief Reciprocal founders on market conditions affecting token launch and treasury strategy. |
| Collaboration | Serve as the firm’s public-markets subject-matter expert, joining private investment committee discussions and increasing two way intelligence |