The world of cryptocurrency is constantly evolving, and now two of the most prominent voices in the space are reportedly launching a new venture fund. According to sources, bankless podcast hosts David Hoffman and Chris Burniske have launched a $35 million crypto venture fund.
The bankless podcast is a weekly podcast that covers topics related to cryptocurrency, blockchain technology, and decentralized finance (DeFi). The podcast has become increasingly popular over the past year, and now Hoffman and Burniske are reportedly taking their involvement in the space to the next level.
The new venture fund is reportedly backed by some of the biggest names in the crypto space, including Andreessen Horowitz, Polychain Capital, and Coinbase Ventures. The fund will reportedly focus on investing in early-stage startups that are working to develop innovative solutions in the cryptocurrency and blockchain space.
The news of the venture fund comes at a time when the cryptocurrency market is experiencing tremendous growth. The total market capitalization of all cryptocurrencies recently surpassed $2 trillion, and the number of users continues to grow.
Hoffman and Burniske have been at the forefront of the cryptocurrency revolution for years, and their venture fund is likely to be a major player in the space. With their experience and expertise, they are well-positioned to identify promising projects and help them succeed.
It remains to be seen how successful the venture fund will be, but it is clear that Hoffman and Burniske are making a major commitment to the cryptocurrency space. Their venture fund is likely to be a major force in the industry for years to come.
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