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Alex Shin and Sandeep Ramesh Join Web3 Venture Fund as General Partners

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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…

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 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

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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.

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