Multicoin Shuns AI Push, Keeps HYPE as Its Largest Crypto Bet
Multicoin Capital is refusing to follow rival crypto venture firms into standalone AI investments, arguing its competitive advantage remains in digital assets. The $2.7 billion firm is also keeping Hyperliquid’s HYPE token as the largest position in its hedge fund. $2.7B Multicoin Refuses AI Pivot as Crypto Rivals Diversify Multicoin Capital is making a contrarian […]
Multicoin Capital, a $2.7 billion crypto venture firm, is declining to pivot into standalone AI investments, arguing its edge remains in digital assets. The firm is also holding Hyperliquid's HYPE token as the largest position in its hedge fund. The news is largely informational for traders, signaling continued institutional conviction in HYPE but offering no direct catalyst for price action.
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46M AGOYou’re reading thisMulticoin Shuns AI Push, Keeps HYPE as Its Largest Crypto BetBitcoin.com News · Score 25
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13H AGOCrypto Briefing · Score 20 · via Multicoin, Multicoin Capital
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13H AGOCrypto Briefing · Score 55 · via Multicoin, HYPE largest
