New Era, New Strategy
CoinFund recently announced the spin-off of its liquidity strategy business into a separate entity, marking a significant milestone in its strategic evolution.
This move aims to adapt to the growing maturity of the crypto liquidity and private markets, providing more tailored growth opportunities for each investment strategy.
Leadership Changes
The new company will be led by Seth Ginns and Chris Perkins, who will no longer be involved in CoinFund's day-to-day operations after the transition. Jake Brukhman, Alex Felix, and David Pakman will continue to lead CoinFund forward.
Embracing Venture Focus
CoinFund stated that the split will allow both entities to deeply focus on their respective domains, delivering more targeted services to support LPs and innovators in the Web3 space.
This decision is seen as a proactive response to market evolution, setting the stage for future industry transformation.