CoinFund announced it will separate its liquidity strategy into a new venture capital-focused company led by Seth Ginns and Chris Perkins, marking a strategic shift in its investment operations.
CoinFund disclosed on January 7 that it will spin off its liquidity strategy business into a standalone firm concentrating on venture capital. The new company will be led by Seth Ginns and Chris Perkins, who will leave their operational roles at CoinFund after the transition. CoinFund will continue focusing on early- and growth-stage Web3 projects under its existing leadership.