Bloomberg: Crypto VCs Are Turning to Investing in "Professor Coin" Projects
2024-05-12 12:25:09
According to a Bloomberg article, as the scale of financing in the digital asset industry rises again, venture capital institutions are turning to crypto startups and projects founded by professors and academics. The analysis found that Shara, CheckSig, and NEBRA lamp crypto projects were all founded by academics, and these projects have successfully raised funds in the past two months. It is worth noting that EigenLayer, founded by Washington University associate professor Sreeram Kannan, received $100 million from Andreessen Horowitz (a16z) in February this year, while Babylon, a crypto project founded by Stanford University professor David Tse, successfully raised $18 million. Both projects focus on the re-pledge crypto vertical.
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