Third State — A Passion for the Chaos
At Third State, we are not like other family offices. Where traditional wealth structures are designed to preserve, we are built to pursue. We exist in the third state of capital: not frozen in preservation, not fluid in passive flows, but superheated — constantly moving, volatile, and alive with opportunity.
We are the first institutional family office dedicated exclusively to high-risk assets. That is not marketing hyperbole; it is our core identity. Our belief is simple: volatility creates inefficiency, and inefficiency creates opportunity.
Our Philosophy
- Liquidity First: Every market, every cycle, every asset comes down to liquidity. We do not just manage it; we hunt it.
- Discipline Over Recklessness: High risk does not mean blind speculation. Every move is calculated, researched, and executed with precision.
- Asymmetric Thinking: Our focus is not on “balanced” returns, but on capturing asymmetric upside where chaos creates dislocation.
- Institutional in Mindset, Entrepreneurial in Spirit: We operate with the rigor of an institution but the speed of a founder-led venture.
Our Three Divisions
- Third State Labs — Our research and experimentation arm. Here, we explore frontier technologies, trading models, and new paradigms in digital and financial markets. Labs is where the next edge is born.
- Third State Capital — Our capital allocation engine. This is where liquidity is deployed across equities, digital assets, derivatives, and other high-risk verticals. We execute with speed, discipline, and flexibility.
- Third State Ventures — Our venture-building and venture-investing arm. We incubate ideas, partner with founders, and back disruptive companies that align with our vision of thriving in volatility.
Our Mission:
To transform volatility into wealth creation.
To seize liquidity where others hesitate.
To build an enduring institution around the chaos.