CoinFund announces the spin-off of its liquidity strategy business to focus on venture capital

According to official disclosures, CoinFund will spin off its liquidity strategy business into an independent company, which will focus on venture capital in the future. Seth Ginns and Chris Perkins will lead the new company, and after the transition is complete, they will no longer hold operational positions at CoinFund. Jake Brukhman, Alex Felix, and David Pakman will continue to lead CoinFund.

CoinFund stated that as the crypto market continues to mature and expand in liquidity and private markets, this move will help the two types of investment strategies focus on their development separately, better serving LPs and Web3 entrepreneurs.