Borderless Appoints Andrew Dempsey as Partner to Lead Institutional Capital Formation Amid Surge in Digital Asset Adoption

Audio By Carbonatix

MIAMI--(BUSINESS WIRE)--Apr 22, 2025--

Borderless, a pioneering Web3 investment management firm, today announced the appointment of Andrew Dempsey as Partnerand Head of Capital Formation to lead the firm’s institutional strategy. In this role, he will bridge traditional capital with the next wave of blockchain innovation, further strengthening Borderless’s institutional-grade investment offering as digital asset markets continue to mature.

The blockchain industry is at a pivotal moment, as macro forces, regulatory clarity, and structural market shifts converge to accelerate institutional entry. With growing interest from asset managers, sovereign wealth funds, and corporations in blockchain technologies and digital assets, Borderless is expanding its capacity to support large-scale partners through education, risk management, and portfolio integration.

"Institutional curiosity about the disruptive and innovative technology being built on the blockchain has never been higher,” Andrew Dempsey, Partner at Borderless. “What's missing isn't demand—it's experienced institutional partners who can translate interest into access. Borderless has the track record, infrastructure, and strategic clarity to meet this momentum. I look forward to working closely with my colleagues to grow the business further and expand our offerings to LPs globally."

With over 20 years of experience in private markets and capital formation, Dempsey will leverage Borderless's proven investment acumen to deliver institutional-caliber access to the most promising areas of Web3 innovation. He brings capital-raising experience across a range of products and structures, including private equity, credit, real estate, venture capital and hedge funds. Andrew spent nearly a decade at Fortress Investment Group, the first alternative asset management firm in the US to be traded publicly, where he held several leadership roles, including Chief Operating Officer of the Permanent Capital Business Group, and led efforts in Hedge Fund Marketing and Investor Relations. Most recently, he served as Global Head of Investor Relations at CBC Group, Asia’s largest healthcare-focused investment firm.

“We’re entering the golden era of digital assets, and with experienced talent on board we bringexpertiseto help institutions step in with confidence,” said David Garcia, Co-Founder and Managing Partner at Borderless. “Andrew’s leadership will help us to expand access, build trust, and guide our firm into this next phase of growth.”

The appointment underscores Borderless's continued focus on delivering institutional-grade strategies and outcomes in the digital asset ecosystem. The firm offers both venture and liquid strategies designed to meet the needs of sophisticated investors. Borderless has invested in over hundreds of blockchain companies and protocols, with a focus on infrastructure, native cryptographic primitives, DePIN, and cross-chain interoperability.

About Borderless

Borderless is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators who are driving the development of groundbreaking technologies that will enable the creation of value without borders. Borderless comprises a team of builders, partners, and investors who adopt a long-term perspective and strive to unleash the full potential of open, community-driven networks. Since 2018, Borderless has invested in protocols and companies across infrastructure, business applications, and nascent cryptographic protocols, and has played an integral role in the development of some of the most significant and innovative Web3 communities. For more information, please visit their website at: www.borderlesscapital.io

View source version on businesswire.com:https://www.businesswire.com/news/home/20250422992891/en/

CONTACT: Media

Karla Vilhelem

PR Director, MarketWaves

(754) 215-4315

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: BLOCKCHAIN CRYPTOCURRENCY FINANCE ASSET MANAGEMENT WEB3 PROFESSIONAL SERVICES TECHNOLOGY DIGITAL CASH MANAGEMENT/DIGITAL ASSETS

SOURCE: Borderless

Copyright Business Wire 2025.

PUB: 04/22/2025 09:00 AM/DISC: 04/22/2025 09:02 AM

http://www.businesswire.com/news/home/20250422992891/en