


Former co-founder of Multicoin Capital, Kyle Samani, posted on X revealing: "For those wondering what my next plan is, I am developing a consumer product."It is worth mentioning that Solana founder toly retweeted this post, which may imply that the product has some connection to Solana.
According to Onchain Lens monitoring, three wallets associated with Multicoin Capital have staked 1.96 million HYPE, worth approximately 82.06 million USD.Currently, these wallets still hold 2.83 million HYPE, worth approximately 118.34 million USD.
According to market news, a suspected Multicoin address received $39,400,000 in funds from Galaxy Digital OTC, then deposited $22,990,000 into Coinbase, and currently still holds $26,900,000 in HYPE, with a profit of about $10,500,000.
According to the official announcement, Multicoin Capital has announced that Spencer Applebaum and Shayon Sengupta have been promoted to General Partners and will jointly serve as the heads of Multicoin Capital's venture capital business.Over the past few years, both have taken on more responsibilit...