Crypto Fund XYZ Completes $5.1 Million Financing, Gemini and Others Participate

2024-05-02 21:16:44BlockBeatsShare to:

According to BlockBeats, on May 2, Fortune reported that XYZ, a crypto fund founded by Matthew Homer, a former senior director of cryptocurrency affairs at the New York Department of Financial Services, completed a $5.1 million financing, with participation from Compound founder Robert Leshner, Multicoin managing partner Kyle Samani, and Gemini co-founders Winklevoss brothers. In an interview with Fortune magazine, Homer said that XYZ does not aim to lead the financing round, but rather serves as an important advisory resource on the financing table of startups. "When I looked at the venture capital space, this was one of the reasons I started this fund." He also said, "No one really has resources in the regulatory space."

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