Biography:
Linda Xie is an investor who is currently the co-founder and managing director of Scalar Capital, an investment management company specializing in crypto assets. Xie has created a $20 million fund that focuses on investing in blockchain companies in exchange for tokens, prioritizing privacy technology firms. Together with co-founder Jordan Clifford, Xie leads Scalar Capital and employs a small but dedicated team. She is also an adviser for 0x, an open protocol that enables peer-to-peer asset trading on the Ethereum blockchain. Xie is a strong supporter of the decentralized finance movement and believes in its numerous use cases.
Prior to becoming a full-time investor, Xie was a product manager at major cryptocurrency exchange Coinbase for three-plus years where she worked with regulators and law enforcement. Before joining Coinbase, she worked for American International Group as a portfolio risk analyst and a risk management intern. Xie earned a bachelor’s degree in economics from the University of California, San Diego. She was also named to Forbes’ “30 Under 30” in finance list in 2019.
Xie runs her own blog where she writes about topics like DeFi, blockchain gaming and stablecoins. She has been a speaker at several conferences, including the Harvard Business School Blockchain & Crypto Club Conference, South by Southwest, and the Forbes Under 30 Summit, to name a few.
Xie’s 2020:
Through 2020, Xie continued to invest in blockchain firms through her company, Scalar Capital, including taking part in a $10 million Series A funding round for Pulley, a capitalization table management product built for startup founders and employees. Even though Xie did not speak at any conferences in 2020 — as she is currently on a break from media to focus on researching, reading and writing — she is fairly active on Twitter, voicing her opinions on and experiences with various blockchain-related topics such as nonfungible-token gaming, DeFi and decentralized autonomous organizations.
Xie’s 2021:
In 2021, Xie will continue to invest in various crypto assets and technologies through her firm, Scalar Capital. She also remains an adviser to 0x, for four years running now. Xie seems to be taking a keen interest in writing and publishing educational articles on crypto, as she began the year by writing “A beginner’s guide to NFTs,” which was published through Mirror, a decentralized, user-owned, crypto-based publishing platform.
In October 2020, she took to Twitter to announce Scalar Capital’s support for Zapper, an interface that allows users to manage all their DeFi assets and liabilities in a single place. And with DeFi continuing to see a massive rise in total value locked in 2021, it will become an important space for Xie this year.
When asked at the end of 2020 to predict how 2021 will play out for the cryptosphere, Xie predicted: “We’ll continue to see major institutional interest in bitcoin and building out of infrastructure on that side. We’ll also see large-scale coordination through DAOs and significant experimentation in the personal/social token space with a number of prominent creators issuing their own tokens.”