CoinFund was an early investor in FTX and had a small amount of equity

12/24 01:42

According to CoinDesk, CoinFund was an early investor in FTX and had a small amount of equity, which has now been written to zero, said Pakman. The firm didn’t hold any FTT tokens but had what he believed was a “very small trade” in progress when the exchange collapsed. The FTX investment predated Pakman, who joined CoinFund last year after spending 13 years at tech and healthcare-focused venture capital firm Venrock.

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