The world of cryptocurrency has seen a surge in popularity in recent years, and now two of the most prominent voices in the space are reportedly launching a venture fund to capitalize on the trend. According to sources, bankless podcast hosts David Hoffman and Anthony Sassano have launched a $35 million crypto venture fund.
The two hosts have become well-known in the crypto space through their podcast, which covers topics such as blockchain technology, decentralized finance (DeFi), and cryptocurrency investing. The podcast has become one of the most popular in the space, and now Hoffman and Sassano are reportedly looking to capitalize on their success by launching a venture fund.
The fund is said to be targeting investments in early-stage blockchain projects, with an emphasis on DeFi protocols. It is believed that the fund will focus on projects that have the potential to disrupt traditional financial services and create new opportunities for users.
The fund is reportedly backed by a number of prominent investors, including venture capital firms such as Andreessen Horowitz and Union Square Ventures. It is also believed that the fund has already made a number of investments in early-stage blockchain projects, though details of these investments have not been made public.
The launch of the fund is yet another sign of the growing interest in cryptocurrency and blockchain technology. With the backing of some of the most prominent investors in the space, Hoffman and Sassano’s venture fund could be a major player in the industry. It remains to be seen how successful their investments will be, but it is clear that they are looking to capitalize on the growing interest in cryptocurrency and blockchain technology.
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- Source: Plato Data Intelligence: PlatoAiStream