Bloomberg: Crypto VCs are turning to investing in the “Professor Coin” project

Odaily News As the scale of financing in the digital asset industry rises again, venture capital institutions are turning to crypto startups and projects founded by professors and scholars. Analysis found that Shara, CheckSig and NEBRA were all founded by scholars, and these projects have successfully raised funds in the past two months. It is worth noting that EigenLayer, founded by Sreeram Kannan, an associate professor at the University of Washington, received $100 million in investment from Andreessen Horowitz (a16z) in February this year, while Babylon, a crypto project founded by David Tse, a professor at Stanford University, successfully raised $18 million. Both projects focus on the re-pledged crypto vertical. (Bloomberg)