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Multicoin Capital announced that co-founder Kyle Samani is stepping back from daily operations to focus on AI + crypto news, longevity tech, and robotics. Co-founder Tushar Jain said Samani’s interests have broadened beyond crypto. Samani, an early Solana backer and co-founder of SOL-focused vault Forward, will continue investing in crypto and supporting the Solana ecosystem as an individual. The move comes amid growing on-chain news about cross-sector innovation.

ChainCatcher News, crypto venture capital firm Multicoin Capital announced that co-founder and managing partner Kyle Samani will gradually step back from the company's daily operations. Co-founder Tushar Jain said that Samani's interests have expanded from the crypto space to cutting-edge areas such as artificial intelligence, longevity technology, and robotics, and therefore he has decided to invest more time in exploring these emerging technologies. Kyle Samani has received widespread attention for his early bet on Solana and has been an important voice in the industry for years, actively promoting multiple sectors including DePIN, and co-founded the digital asset vault company Forward with SOL as its core asset. He also proposed core concepts related to Solana's performance, such as IBRL (Increase Bandwidth, Reduce Latency). Samani said that leaving Multicoin is a "bittersweet" decision, but he will continue to invest in the crypto industry as an individual and continue to speak out for the Solana ecosystem.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.