Kyle Samani, the co-founder of Multicoin Capital, has announced he is transitioning out of his active management role at the prominent venture capital firm. Samani will adopt the title of General Partner Emeritus, signaling a shift away from the day-to-day responsibilities associated with seeking out and closing new investments. This transition allows Samani to dedicate more time to macro industry thought leadership, advising the existing portfolio, and, most notably, focusing his efforts on advocating for the Solana ecosystem. Multicoin Capital has historically been one of the earliest and largest institutional supporters of Solana. Samani stated that while he will step back from operational control over new deal flow, his commitment to the broader narrative and technological advancement within the crypto space remains strong. His continued focus on Solana assures the community that one of its most influential voices will remain active in promoting the network’s growth and development. The firm confirmed that the remaining partners will maintain leadership responsibilities, ensuring continuity in Multicoin’s existing investment strategies centered on Web3 infrastructure and decentralized solutions.
Source: Multicoin founder Kyle Samani steps back from VC firm, will continue to advocate for Solana
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