‘We’re still in early days overall,’ says CoinFund CIO.
Episode 102 Season 5 of The Scoop was recorded as follows: Frank Chaparro of The Block and Alex Felix, Chief Investment Officer of CoinFund.
Listen below and subscribe to The Scoop on YouTube. apologize, spotify, google podcast, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).
Alex Felix is Chief Investment Officer at CoinFund.
Last July, CoinFund announced that it had raised $158 million for a new early-stage cryptocurrency startup investment fund.
In this episode, Felix explains how his company is thinking about capital allocation and analyzes institutional interest in early-stage cryptocurrency investing.
According to Felix, the market is still discounting the full potential of web’3.
“Almost everyone has underestimated the size of the web3 market opportunity. It is open source and open competition. If you switch to web3 rails it will be very difficult to compete with web2 or any other business model.”
This episode is brought to you by our sponsors. Paypal.
Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.
© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.
About the author
Davis Quinton is the Director of Podcasts at The Block and has a flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an ‘intern’ in early 2022, he has worked closely with leaders across the department to translate The Block’s written content into engaging multimedia formats. He is a graduate of the Department of Social Studies & Public Policy at New York University, Abu Dhabi, and is based in Sydney, Australia.