Alex Shin and Sandeep Ramesh Join Web3 Venture Fund as General Partners
On March 2, it was announced that Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor, would join the Web3 venture fund newly…
On March 2, it was announced that Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor, would join the Web3 venture fund newly created by Evan Cheng, the CEO of Mysten Labs as general partners.
Hashed co-founder Alex Shin will join the Web3 fund of the CEO of Mysten Labs
Interpret the above information:
The recent announcement of Alex Shin and Sandeep Ramesh joining the Web3 venture fund as general partners has caused a buzz in the market. The Web3 venture fund is a newly created entity by Evan Cheng, the CEO of Mysten Labs, with the purpose of investing in startups that are exploring the blockchain and cryptocurrency space. The inclusion of two distinguished industry professionals in the fund adds significant credibility and experience to the enterprise.
Alex Shin is the co-founder of Hashed, a Seoul-based blockchain venture capital firm that oversees $250 million in assets. In his new role as a general partner for the Web3 venture fund, Shin will leverage his expertise in the cryptocurrency industry to identify promising blockchain startups in the market. This move cements his position as a leading player in the blockchain space and further underscores the importance of his role in driving the growth of the industry.
Sandeep Ramesh, on the other hand, is a senior hedge fund investor who has worked with some of the most respected names in the financial industry, including Blackstone and Goldman Sachs. His experience in the traditional financial sector will be valuable in recognizing the potential of startups on the Web3 venture fund platform. Ramesh’s strong network within the industry and keen understanding of how to evaluate the strengths and weaknesses of startups will be instrumental in making the right investment decisions.
The fact that two experienced and high-profile individuals like Shin and Ramesh are willing to join a relatively new venture like Web3 speaks volumes about the potential of the blockchain industry. The rise of Web3, which is essentially the decentralized version of the internet, has brought about a new wave of innovation in the cryptocurrency world. With the help of experienced players like Shin and Ramesh, the industry has a brighter future.
In conclusion, the addition of Alex Shin and Sandeep Ramesh to the Web3 venture fund as general partners is a move that bolsters the credibility, expertise, and potential of the fund. Their involvement in the project will further promote the growth of the blockchain and cryptocurrency industry, offering investors and startups alike an exciting opportunity to explore new technologies and possibilities.
This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/4315.htm
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.
Related recommendations
-
Everdome Secures $60m Investment to Expand its Metaverse Platform
According to reports, the UAE metaverse startup Everdome has announced that it has received a total investment commitment of $60 million from digital asset inve
-
What wallet can store dots (which wallet can store uni coins)
What wallet can store dot is what wallet can store dot Ethereum network is a point-to-point Electronic cash system, which runs on the blockchain. It allows users to conduct transactions and transfer funds through smartphones without the need for bank accounts, credit cards, or debit cards. This provides users with a payment method that does not require the use of bank accounts or other payment methods to send currency At present, the most popular wallets based on Ethereum are MetaMask and TrustWallet. However, since these applications all support EVM (Ethereum Virtual Machine), they are not suitable for users and applications in the Ethereum ecosystem In addition to Metamask, there are also some decentralized financial applications that can be used to deposit tokens or as collateral to cast DApp assets. For example, protocols such as UniswapV3 and Sushiswap also adopt this mechanism What is a pledge? Pledge is the process of transferring encrypted digital assets from one set of addresses to…
-
GameStop Reports First Quarterly Profit After Two Years
On March 22, GameStop, a video game and related product retailer, reported its first quarterly profit in nearly two years, with a profit of $48.2 million. Net s
-
Important updates on the evening of April 21st
12: 00-21:00 Keywords: Hitachi Ventures, Texas, FTX, Lido
Important updates on the evening of April 21st
I. Introduction A. Explanation of the Topic B. Si -
The US Stock Market Closes Lower, With All Three Major Stock Indices Down
According to reports, the US stock market closed with all three major stock indices closing lower. The Dow Jones Index closed down 198.11 points, or 0.59%, at 3
-
Coin On Responds to CFTC Lawsuit: Will Continue to Cooperate with Regulatory Agencies
On March 28th, a spokesman for Coin On responded to the lawsuit filed by CFTC. Coin On stated that Coin On had cooperated with CFTC for more than two years, so
-
Banking Crisis May Trigger the Next Cryptocurrency Bull Market – Bitcoin to Outperform All Other Cryptocurrencies
According to reports, Mike McGlone, a senior commodity strategist at Bloomberg, said in an interview with Cointelgraph that the banking crisis may trigger the n
-
Ault Alliance, Inc. Appoints New CEO for Data Center Services Subsidiary
On February 21, the diversified holding company Ault Alliance, Inc. announced that Jay Looney, a veteran of data center services, was the CEO of its wholly-own…
-
Title:
It is reported that the securities firm INX Digital Company, Inc. announced that its INX platform will list the Bitcoin mining security tokens of the encryption
-
Table of Contents
According to official news from OKX, in order to achieve the OKT Chain (OKTC) multi virtual machine (VM) vision, OKT Chain has integrated WebAssembly (Wasm) tec