SPiCE VC, the first fully tokenized venture capital fund, announced today its 2022 results, achieving substantial returns for its investors even as economic headwinds persisted.  

SPiCE’s Internal Rate of Return (IRR), which estimates potential investment profitability, exceeded 50%, when the average VC IRR is approximately 17%. Additionally, SPiCE saw its Multiple on Invested Capital (MOIC), which allows investors to measure how much value an investment has generated, grow 6x - tripling the average VC MOIC.