Former ParaFi Capital partner launches Inversion Capital to transform traditional enterprises into cryptocurrencies

former partner of ParaFi Capital, Santiago Roel Santos, announced the launch of a new private equity fund, Inversion Capital, which will "acquire traditional businesses that can benefit from transforming their business models through the adoption of encryption mechanisms." Santos believes that encrypting traditional businesses can help them operate better, faster, and cheaper. Some businesses can benefit from adopting encryption tools to address coordination problems that "manifest as higher operating costs, capital expenditures, or declining unit economics." He explained that whether business owners are willing to accept cryptocurrencies is not important because Inversion Capital will not become an investment partner, but will directly acquire these businesses.