NEW YORK--(뉴스와이어)--Today CoinFund, a leading crypto-native investment firm and registered investment adviser, announces the appointment of Hong Kong-based Dmitry Lapidus as Senior Liquid Analyst to deepen analysis of liquid opportunities globally.
In this new role, Dmitry will help CoinFund continue to expand its global reach and expertise by tapping into his deep knowledge and network of crypto founders and protocols, while driving on-the-ground engagement for CoinFund throughout Asia-Pacific. He will also advise portfolio companies as they navigate local market entry. This appointment further underscores the position of CoinFund’s investment team at the convergence of traditional finance and cryptonative experience, led by founder-friendly investors and technologists.
Dmitry brings more than a decade of experience investing and living in APAC, including in Hong Kong and Singapore. His traditional equities career spans roles investing in emerging markets as an investor at Prince Street Capital Management, and as an investment analyst in Asian equities for both Old Mutual Global Investors and BlackRock. Most recently, Dmitry served as an investment partner at Dragonfly Capital, a crypto-focused investment firm. Dmitry holds a Bachelor of Science, Government and Economics from the London School of Economics and Political Science (LSE).
Dmitry will join CoinFund’s Liquid Investment team led by Managing Partner Seth Ginns as the firm furthers its mission to champion the leaders of the new internet.
CoinFund deepens its focus in APAC for liquid and venture investment opportunities following a convergence of factors indicating the market is well primed to nurture web3 startups. Increasing regulatory clarity for crypto enterprises and investors may provide the guardrails that foster more confident and rapid innovation. And in September 2023, more than 20,000 attendees gathered in Singapore for the Token2049 conference, estimated to be the largest blockchain conference in the world this year. As one of the world’s first cryptonative investment firms with more than 100 crypto and web3 ventures across its portfolio today, more than 40% of which are headquartered outside the U.S., CoinFund prides itself on being early to the more impactful and often underappreciated technology trends.
Seth Ginns, Managing Partner and Head of Liquid Investments, said: “We’re thrilled to welcome Dmitry to CoinFund, as he offers a wealth of knowledge combined with the power of an extensive network to inform our approach to crypto investments. As crypto markets and our portfolio companies increasingly look to Asia-Pacific as a center for opportunity and growth, we are proud to continue to raise the bar for our global investment practice. We’re eager to learn from his on-the-ground insights.”
Speaking on his appointment, Dmitry added: “I am excited by the opportunity to work alongside such a strong team of investors, builders and operators to strengthen CoinFund’s Asia presence. CoinFund’s institutional grade operations, paired with their impressive portfolio and an entrepreneurial, non-consensus culture made joining the team an easy choice.”
Dmitry’s appointment comes after the recent announcement of the close of $158M Seed Fund IV. Backed by a combination of sophisticated institutional investors, family offices, and high net worth individuals, CoinFund Seed IV LP exceeded its initial target fundraising goal of $125M. The Fund will support pre-seed and seed stage investments in new and ambitious founding teams across the web3 ecosystem.