Multicoin Sticks With Crypto as HYPE Remains Its Top Holding
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Multicoin Capital is avoiding standalone AI investments and retaining Hyperliquid’s HYPE token as its hedge fund’s largest position, according to Bitcoin.com News.
Multicoin Capital is keeping its investment focus on digital assets rather than branching into standalone artificial intelligence ventures, Bitcoin.com News reported.
The $2.7 billion firm says its competitive edge lies in crypto. That stance sets it apart from rival crypto venture firms expanding into AI investments.
Hyperliquid’s HYPE token remains the largest position in Multicoin’s hedge fund, alongside the firm’s decision to maintain its broader crypto focus.
Source: Bitcoin.com News
