Orion Depp, an experienced institutional crypto researcher and manager of a crypto venture capital fund, founded the Orion Depp Institutional Crypto Research Platform.
Los Angeles, CA – January 17, 2025 – Orion Depp, a veteran institutional crypto research analyst, has launched Orion Depp Institutional Crypto Research, a specialized service for institutional buy-side crypto funds. This initiative delivers actionable trade theses backed by in-depth fundamental analysis, including valuation research, special situations analysis, and catalyst identification.
As the first institutional crypto analyst in the U.S. to cover altcoins, Orion initiated coverage of Binance Coin ($BNB) in February 2018, accurately predicting Binance’s rise when BNB was trading under $10. His research, driven by tokenomics, business model profitability, and key catalysts, played a role in increasing institutional recognition of BNB and broader acceptance of altcoins in the U.S. and globally. Following this, Orion co-founded Master Ventures Investment Management, an institutional crypto venture capital fund, and has advised over 20 leading crypto projects across the Solana, Sui, and Ethereum ecosystems.
Orion Research has recently reissued its comprehensive 30-page Binance BNB investment thesis, originally published in February 2018, available on Orion Depp Medium and X (formerly Twitter).
Orion states, “The crypto market has evolved significantly over the past five years, yet there remains a critical gap in research. Institutional funds rely on deep fundamental analysis from firms like Messari and insights from key opinion leaders (KOLs) on crypto Twitter. However, what’s lacking is concise, actionable research with clear catalysts and relative valuation analysis—similar to the reports buy-side hedge funds use in equities markets. With over 20 years of experience producing institutional-grade equity research, I’m excited to bring that same rigor to crypto.”
Orion Depp also highlighted the current market conditions, emphasizing opportunities in undervalued crypto projects. “The prolonged bear market has created unique investment opportunities in public markets. There are currently 50 to 100 projects with fully diluted valuations (FDV) under $100 million—many backed by top-tier venture capital firms and already leading their sectors with millions of users. These projects are now launching their products and gaining recognition, with major upcoming catalysts that could unlock their potential. My research will focus on special situations like these—similar to BNB in 2018—through objective, fundamentals-driven analysis.”
The Relaunch of Orion Depp Institutional Crypto Research
Orion Depp Institutional Crypto Research is designed to provide institutional crypto funds and high-net-worth investors with deep, data-driven insights.
Key Offerings
- Special Situations Analysis – Actionable investment ideas based on catalysts that could unlock value.
- Institutional-Grade Insights – Research tailored specifically for buy-side investors.
- Valuation Analysis – In-depth fundamental and comparative valuation across sectors.
- Comprehensive Sector Coverage – Covering Layer 1 protocols, DeFi, gaming, AI-driven projects, and other emerging trends.
Coverage Universe & Publication Schedule
The initial coverage universe includes 14 major cryptocurrencies across various sectors, ranging from small-cap to large-cap assets:
Aptos ($APT), Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), ChainGPT ($CGPT), Genopets ($GENE), Sui ($SUI), Algorand ($ALGO), Hedera ($HBAR), Stellar ($XLM), Ripple ($XRP), Dogecoin ($DOGE), Toncoin ($TON), and Movement Labs ($MOVE).
Research reports will be published bi-monthly on X (formerly Twitter) and Medium.
For a limited time, Orion Depp research will be available free of charge to those following him on these platforms.
