MARKET OPPORTUNITY & INVESTMENT THESIS

Companies are using blockchain to establish new digitized financial, investment and payment infrastructure, as well as new decentralized marketplaces for transactions involving goods and services that range from talent and fashion to digital collectibles. Although these emerging deployments of blockchain have the potential to cause disruption across industries, blockchain’s impact is currently most focused on digital monies and assets in the global financial ecosystem. Given the pervasive role of finance and financial markets, we further anticipate these emerging deployments and applications of blockchain could have significant impacts throughout the global economy. Within the broader context of the digital transformation trend impacting every industry, we observe the following key developments that are accelerating the pace of disruption and fostering an asymmetric investment opportunity:

•  Blockchain technology is revolutionizing several industries through digitalization.

•  There is strong enterprise and consumer demand for natively digitalized systems.

•  Governments, financial institutions and enterprises have made significant capital investments into developing and rolling out new digitally-enabled infrastructure.

•  A critical mass of the companies building this future infrastructure use blockchain technology.

•  An additional ecosystem supporting blockchain infrastructure has emerged, including wallets, exchanges, custodians, settlement systems and transfer agents.

•  Many private blockchain companies would benefit from public market status, including greater access to lower-cost capital funding that can accelerate achieving sufficient scale.

•  Further potential exists for public blockchain companies to catalyze growth through vertical and horizontal consolidations.

The founders and management team of our sponsor have led, managed or supported investments in more than 300 blockchain companies and opportunities and are uniquely positioned to leverage their network of blockchain founders, technologists and investors to secure access to attractive opportunities.

Business Strategy and Competitive Strengths

Our business strategy is to identify and complete our initial business combination with a company that our management and board believes has compelling potential for value creation. Given the reputation, experience and track record of our management team and board of directors, we believe Blockchain Coinvestors Acquisitions is well-positioned to identify unique opportunities within our targeted sectors. Our selection process will leverage our relationships and involve venture capitalists, private equity and growth equity funds, as well as the deep network within the blockchain industry of our team and board of directors, which we believe should provide us with a key competitive advantage in sourcing potential business combination targets.

Specifically, our unique and superior ability to source and attract business combination targets comes from our position as a SPAC singularly focused on blockchain and our management team’s:

•  Deep and global base of blockchain relationships among the leading industry venture capital firms, executives, press, and bankers.

•  Immersion in the blockchain ecosystem, including with founders, CEOs and management teams of many blockchain unicorns and emerging unicorns.

•  Globally recognized positions as thought leaders in the internet, financial technology, blockchain and digital currency sectors.

•  Unique collection of deal-sourcing assets, including the Blockchain Coinvestors Funds, the Blockchain Coinvestors syndicate on AngelList, direct investments, advisory work and community building assets.

• Track record of leading, managing or supporting investments in companies to accelerate their growth and maturation, including 300+ venture-based investments led by our team.

•  Deep and prolific experience in helping private companies prepare and manage the transition to the public markets.

•  Demonstrated ability to develop and grow companies, both organically and through strategic transactions and acquisitions, and expanding the product range and geographic footprint of a number of target businesses.

• Sustained expertise in working with key US and European regulators and in managing highly regulated entities in the United States and Europe.

Numerous other examples can be drawn from our management team’s more than 90 combined years of business strategy experience, including as senior partners of some of the world’s leading strategy consulting firms serving high-profile multinational corporations.