Multicoin Founder Kyle Samani Gradually Steps Back from Investment Firm Affairs, Will Continue to Advocate for Solana
Odaily News: Crypto venture capital firm Multicoin Capital announced that its co-founder and managing partner, Kyle Samani, will gradually step back from the firm's day-to-day operations. Co-founder Tushar Jain stated that Samani's interests have expanded beyond the crypto space to cutting-edge areas such as artificial intelligence, longevity technology, and robotics, leading him to decide to dedicate more time to exploring these emerging technologies.
Kyle Samani gained widespread attention for his early bet on Solana and has been a significant voice in the industry for years, actively promoting multiple sectors including DePIN. He also co-founded Forward, a digital asset treasury company with SOL as its core asset. He has also proposed core concepts related to Solana's performance, such as IBRL (Increase Bandwidth, Reduce Latency).
Samani stated that leaving Multicoin is a "bittersweet" decision, but he will continue to invest in the crypto industry in a personal capacity and will persistently advocate for the Solana ecosystem.
