Jake Paul's Fund with $65 Million in Assets Invests in OpenAI and Polymarket

Odaily News Jake Paul announced on platform X that the venture capital fund Anti Fund, which he co-founded with Geoffrey Woo, now has assets under management exceeding $65 million. The fund has transitioned from its initial rolling fund structure to an institutionalized company and has successfully secured investment allocations in well-known projects such as OpenAI, Anduril, Polymarket, and Ramp.

Jake Paul stated that he is the first celebrity to sign a licensing agreement with OpenAI's text-to-video platform Sora, granting rights to his name, image, and likeness. Anti Fund partner Steve Han mentioned that the fund leverages its social media marketing and distribution capabilities to support tech startups. Previously, Jake Paul reached a settlement with the U.S. Securities and Exchange Commission (SEC) for illegally promoting a crypto scheme. (fortune)