Unsupervised Capital cut founder time spent on fund-admin by 80% and reclaimed 100 hours a month with Regen.

100 hours

Of founder time saved per month

2

Currencies reporting (TAO and USD)

80%

Reduction in founder time spent on fund admin

“Expanding the initial engagement with Regen was one of the best decisions I’ve made. I finally got to focus on the core business here, which is investing. Now I’m able to sleep at night knowing there aren’t huge errors in the accounting waiting to pop up.”

Sami

Founder, Unsupervised Capital

Context

Unsupervised Capital is a Bittensor‑focused crypto fund, denominated in TAO. As a first‑time fund manager, Sami partnered with an external fund administrator while working with Regen for the management entity’s books. 

When complexity and communication strain escalated, he engaged Regen to add a crypto‑native shadow accounting layer to bring accuracy, structure, and confidence to every close.

Challenges

  • Founder time drain: Up to 80% of weekly bandwidth lost to fund‑admin reviews and reconciliations.

  • Multi‑currency variance: Complex TAO/USD flows created reporting variances that required technical resolution.

  • Crypto‑native complexity: TAO denomination, subnet tokens, and unsupported tooling demanded niche expertise.

  • Dual reporting: Fund required both TAO and USD views for investors and compliance.

  • Focus friction: Admin overload pulled attention away from investment and portfolio management.

Why Regen?

  • Crypto‑native mastery: Deep understanding of Bittensor, TAO tokens, and Alpha subnets.

  • US GAAP precision: Implemented remeasurement and translation processes for accurate dual‑currency reporting.

  • High‑trust execution: Reliable delivery and proactive communication — no chasing required.

  • Partnership mindset:

“From suffering alone to solving together.”

Sami

Solution/Delivery Highlights

  • Fund‑admin coordination: Regen assumed full ownership of monthly reviews, communications, and reconciliations with the external fund admin.

  • Shadow accounting review: Monthly audit‑style checks identified and corrected variances before investor reporting.

  • Dual‑currency clarity: Applied US GAAP remeasurement and translation principles for TAO‑to‑USD accuracy.

  • Economic transparency: Split staking rewards from realized/unrealized gains to reveal true portfolio performance.

  • Scope expansion: Engagement grew from a management‑only scope to master and feeder funds — evolving from trial to trusted partnership.

Before Vs After

Before Regen

After Regen

Founder reviewing every fund admin draft manually

Regen manages the entire process; founder reviews final outputs only

60–80% of week spent on admin

10–30% (good weeks ~10%)

Unclear classifications and reporting variances

Accurate, investor‑grade dual‑currency financials

TAO/alpha chain complexity overwhelming vendors

GAAP‑aligned remeasurement & translation enforced monthly

Reactive, stressful month‑end closes

Predictable cadence, accuracy, and peace of mind

“Regen’s involvement turned fund reporting from something stressful to something I barely think about.”

Sami

Results

  • Focus restored: Founder now spends time on sourcing, diligence, and portfolio allocation.

  • Investor confidence: Financials produced under Regen’s oversight meet institutional‑grade accuracy standards.

  • Crypto‑native clarity: TAO‑denominated transactions now reported cleanly in TAO and USD.

  • Operational calm: Regen mediates fund‑admin interactions, ensuring timely, accurate reporting.

“The Regen team is high integrity, trustworthy, crypto‑native, and extremely capable.”

Sami

Results By The Number

  • 60–80% → 10–30% weekly admin workload reduction

  • 20 hours per week of Founder time reclaimed: Fund‑admin workload reduced from 60–80% of the week to ~10–30%, with the founder estimating ≈20 hours/week saved (≈100/month)

  • Complexity handled: TAO‑denominated fund on Bittensor with USD presentation; implemented multi‑currency remeasurement & translation under US GAAP

  • P&L clarity: clear separation of staking vs realized/unrealized gains

  • Up to five draft cycles reviewed in early months until fully reconciled

  • Review burden: Regen took over coordination with the fund admin; the founder now performs final approvals only

  • Scope growth: From management‑entity bookkeeping to shadow accounting across master + feeder funds

“I never had to push for deadlines. Regen just gets it done.”

Sami

“Working with Regen was one of the best decisions. I’d recommend them to any fund, foundation, or crypto startup.”

Sami

Founder, Unsupervised Capital

Regen plugs into your stack — delivering crypto‑native accuracy, investor‑grade reporting, and your time back.