The world of cryptocurrency is constantly evolving, and now two of the most prominent figures in the space are reportedly taking their involvement to the next level. According to sources, bankless podcast hosts David Hoffman and Christian Keroles are establishing a $35 million crypto venture fund.
The bankless podcast is one of the most popular podcasts in the cryptocurrency space, and Hoffman and Keroles have become well-known for their expertise in the field. The two have been discussing the potential of cryptocurrencies since the show’s launch in 2017, and now they are reportedly taking their involvement to the next level.
The venture fund is reportedly being set up with the goal of investing in early-stage blockchain projects. According to sources, the fund will focus on projects that have the potential to make a real impact in the space. The fund will also look to invest in projects that have the potential to generate returns for investors.
The venture fund is reportedly being backed by a number of high-profile investors, including Andreessen Horowitz, Polychain Capital, and Coinbase Ventures. These investors are reportedly looking to capitalize on the expertise of Hoffman and Keroles, and are confident that their investments will pay off.
It remains to be seen how successful the venture fund will be, but it is certainly an exciting development for the cryptocurrency space. With Hoffman and Keroles at the helm, it is likely that the fund will be able to identify promising projects and generate returns for its investors.
This move is yet another example of how cryptocurrency is becoming increasingly mainstream. As more prominent figures in the space become involved in the industry, it is likely that more people will become interested in investing in cryptocurrencies. It will be interesting to see how this venture fund performs and what other projects Hoffman and Keroles decide to invest in.
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