Multicoin founder Kyle Samani steps back from VC firm, will continue to advocate for Solana
Multicoin co-founder Kyle Samani is stepping back from the VC firm to explore other technologies like AI, but will remain active in crypto advocacy and personal investments.Summary
Kyle Samani, co-founder and Managing Partner of the crypto venture capital firm Multicoin, is stepping back from his day-to-day role to dedicate time to emerging technologies outside of crypto, such as AI, longevity, and robotics. Co-founder Tushar Jain confirmed the move, noting Samani's expanded interests. Samani expressed that his time at Multicoin was rewarding but he is excited to explore new areas. Despite stepping back, Samani will remain chairman of Forward, the SOL-backed treasury firm he co-founded, and continue serving on the board of cryptography project Zama. Furthermore, he plans to remain an active crypto advocate, particularly regarding Solana, and will continue making personal investments in the crypto sector while supporting Multicoin portfolio companies.
(Source：The Block)