The world of cryptocurrency is ever-evolving, and the latest news is that the hosts of the popular Bankless podcast are launching a $35 million crypto venture fund. This fund will be used to invest in projects related to blockchain technology, digital assets, and decentralized finance.
The Bankless podcast is hosted by David Hoffman and Ryan Adams, two well-known figures in the crypto space. Hoffman is a former Wall Street trader who has been involved in the crypto industry since 2013, while Adams is the founder of Mythos Capital, a venture capital firm focused on investing in blockchain-based projects.
The new venture fund will be called Bankless Ventures and will focus on early-stage investments in projects related to blockchain technology, digital assets, and decentralized finance. The fund will also provide strategic advice and mentorship to its portfolio companies.
The fund has already secured commitments from a number of high-profile investors, including Andreessen Horowitz, Coinbase Ventures, and Polychain Capital. In addition, Hoffman and Adams have personally invested in the fund.
This news is exciting for the crypto community as it shows that the Bankless podcast hosts are serious about investing in the industry. It also signals that more institutional investors are beginning to take an interest in blockchain technology and digital assets.
It remains to be seen how successful Bankless Ventures will be, but it certainly looks like an exciting opportunity for investors and entrepreneurs alike. With Hoffman and Adams at the helm, it’s sure to be a success.
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