Evan Cheng’s New Venture Fund Attracts Notable General Partners
It is reported that the fund-raising documents show that Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor, will join the n…
It is reported that the fund-raising documents show that Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor, will join the new venture fund of Evan Cheng, the CEO of Mysten Labs, and Shin and Ramesh will join as general partners.
Hashed co-founder Alex Shin and senior investor Sandeep Ramesh will join the new fund of the CEO of Mysten Labs
Interpretation of the news:
Recently, it has been reported that the CEO of Mysten Labs, Evan Cheng, has managed to attract two notable faces to his new venture fund, namely Alex Shin and Sandeep Ramesh. They are set to join the fund’s team as General Partners to help Cheng in executing his vision.
This announcement is exciting news for the blockchain and cryptocurrency worlds, where venture fund launches and partnerships are becoming more common. It is also noteworthy because the new fund is being launched in a time when the blockchain technology is gaining more visibility and interest from both institutional and retail investors. This reflects the fact that blockchain and cryptocurrencies have become a promising area for investment.
Alex Shin, co-founder of Hashed, brings extensive experience in the investment and blockchain industries. He co-founded Hashed in 2018, and since then, the company has grown to become one of the leading blockchain-focused venture capital firms. Shin’s contribution to the new venture fund will be vital, considering his track record in investing in blockchain startups and his expertise in the industry.
Sandeep Ramesh, a seasoned hedge fund investor, brings years of experience to the new venture fund. He specializes in investing in technology unicorns and has also invested in blockchain companies. Ramesh is known to have an excellent eye for identifying and investing in valuable technology startups, which will be important for the success of the new venture fund.
The fact that two big names in the blockchain investment industry have joined this venture fund as General Partners gives the project a stamp of legitimacy. The move implies that Cheng’s latest project is serious in its approach, and it has already attracted significant interest from other investors.
In conclusion, the announcement of Alex Shin and Sandeep Ramesh joining Evan Cheng’s latest venture fund is a significant development in the blockchain and cryptocurrency investment world. Having two heavyweight industry experts as General Partners speaks to the potential success of the project, which is good news for blockchain startups seeking investment opportunities.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/4369/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
CEO of Marathon Digital: Will Double the Hash Rate by the Year
According to reports, Marathon Digital, a Bitcoin mining company, suffered a net loss of $687 million in 2022. However, Chief Executive Officer Fred Thiel stated that the loss of $
-
The Start of 2022: Low Openings of the Three Major US Stock Indices
According to reports, the three major US stock indices collectively opened low, with the Dow down 0.22%, the Nasdaq down 0.20%, and the S&P 500 index down 0.17%.
Three major US sto -
Fracton Protocol: The Revolutionary NFT Fragmentation Liquidity Protocol
It is reported that the transaction volume of Fracton Protocol, the NFT fragmentation liquidity protocol, has exceeded 3 billion US dollars 10 months after the launch of its HiNFT
-
DA Davidson Analyst Downgrades Coinbase Rating to “Neutral” as Stock Price Exceeds Target Price
It is reported that Chris Brendler, an analyst at DA Davidson, downgraded the rating of Coinbase (COIN) from \”buy\” to \”neutral\”, after the stock more than doub…
-
Number of Bitcoin Addresses Holding At Least 10 Coins Reach Three-Year High
According to reports, Glassnode data shows that the number of addresses holding at least 10 Bitcoins is 155555, reaching a three-year high.
The number …
-
US CPI sees continued decline but remains above expected rate
It is reported that the annual rate of US CPI in January was not seasonally adjusted at 6.4%, expected to be 6.20%, and the previous value was 6.50%. The core …
-
According to reports, market news: LedgerX Attracts Bids from Miami Exchange and More
According to reports, market news: LedgerX, a derivative trading platform owned by FTX, has attracted bids from companies including the Miami Exchange.
Companies such as Miami Trad -
Kraken, Sushi, Sotheby’s, and MagicEden: The Enigma of Time Time is a fascinating concept that humans have been trying to understand since the beginning of civilization. It’s a fundamental part of our existence, yet it remains one of the most mysterious things we know. The message at hand, “21:00-7:00 Kraken, Sushi, Sotheby’s, MagicEden,” seems to embody this enigma, as it’s a combination of seemingly random words that don’t have an apparent connection. What could this message mean?
21:00-7:00 Key words: Kraken, Sushi, Sotheby’s, MagicEden Overview of important developments overnight on February 24 Analysis based on this information:At first glance, the four keywords don’t seem to relate to one another. Kraken is a mythological sea monster, Sushi is a Japanese cuisine, Sotheby’s is an auction house, and MagicEden is a blockchain game – quite an eclectic mix. However, the connection between these words may not be their literal meaning, but rather the ideas they represent. Kraken represents the deep, dark unknown parts of the ocean – a place that we have yet to explore fully. Sushi, on the other hand, is a dish that represents Japan’s culture and artistry. Sotheby’s represents the world of art, culture, and luxury auctions. Lastly, MagicEden represents the world of digital innovation, creativity, and gaming. Putting all these concepts together, the message could be interpreted as the journey of time – from the unknown depths of the past to the innovative creations of…
-
FTX Trading Ltd: Management and Compliance Failures
According to reports, FTX Trading Ltd and its affiliated debtors have announced the release of their first report, which identifies and discusses the control errors of the former m
-
US Government Transfers Seized BTC to Coinbase
It is reported that 49000 BTCs (worth US $1 billion) in the wallets seized by law enforcement departments of the US government have been transferred to Coinbas…
-
First Republic Bank of China Experiences Record Drop in Trading
It is reported that the First Republic Bank of China (FRC. N) was suspended from trading and fell 67% at the beginning of the session, setting a record decline. Bank of the First Republic suspended trading and fell 67% at the beginning of the session, the largest drop on record Analysis based on this information:The First Republic Bank of China (FRC.N) was suspended from trading at the beginning of a session, which resulted in a staggering 67% drop in stock. Such a large drop in value made history and raised concerns about the long-term stability of China’s banking system. This incident has been interpreted by financial experts as evidence of an ongoing struggle within the Chinese economy. China’s economy has been undergoing some significant changes, including the implementation of new regulations on the financial sector. These changes have led to a slowdown in growth and have resulted in several high-profile corporate bankruptcies. There have been indications for some time that…
-
What is ETH Cloud Mining Power (ETH Cloud Mining Platform)
What is ETH Cloud Mining Power? In simple terms, it is a service provided by a b
-
20 million IDs transferred to the Coin On deposit address of DWF Labs
According to reports, according to Twitter user ember monitoring, the Genesis address of the SPACE ID token ID was requested from Coin An on March 30th and April 1st for 20 million
-
NEAR Foundation and Startup Wise Guys Partner for MetaBUILD Hacker Marathon
According to the official news, the NEAR Foundation announced the establishment of a partnership with the European startup accelerator Startup Wise Guys. The t…
-
Understanding the Recent Attack on zkSync Ecological DEX Merlin
On April 26th, according to PeckShield monitoring, zkSync ecological DEX Merlin attackers transferred approximately 165000 USDCs to CEX, with Binance receiving 31000 and MEXC recei
-
Aave Community Proposes Freezing BUSD Reserves in Aave V2 Market
On February 13, the Aave community launched a proposal aimed at freezing the BUSD reserves in the Aave V2 Ethereum market. The proposal believed that the circu…