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Bankless Podcast Presenters to Raise $35 Million for Venture Capital Fund

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According to reports, according to sources, David Hoffman and Ryan Sean Adams, the presenters of Bankless podcast, plan to raise $35 million for their venture …

Bankless Podcast Presenters to Raise $35 Million for Venture Capital Fund

According to reports, according to sources, David Hoffman and Ryan Sean Adams, the presenters of Bankless podcast, plan to raise $35 million for their venture capital fund. The general partner of the fund also includes Ben Lakoff, the founder of Charged Articles. The fund plans to be a legal entity independent of Bankless podcast, but will still share the Bankless brand.

Source: Bankless podcast host plans to raise $35 million for its venture capital fund

Interpretation of the news:


David Hoffman and Ryan Sean Adams, the presenters of Bankless podcast, which is a crypto finance and decentralization-focused podcast, are reportedly planning to raise $35 million for their own venture capital fund. Along with them, Ben Lakoff, the founder of Charged Articles, will also be included as the general partner of the fund.

According to the reports and sources, the aim of this fundraising is to help in the development of decentralized finance (DeFi) startups and protocols. This is a significant move considering that the DeFi space has been experiencing immense growth over the past year as an increasing number of people around the world embrace blockchain, cryptocurrencies and decentralized applications.

While the venture capital fund will operate as a legal entity, it will be an independent one, separate from the Bankless podcast. However, the fund will still share the Bankless brand. It is not yet known how the fund’s investments will benefit or align with the Bankless podcast.

This move shows the increasing interest of podcasters and influencers in the cryptocurrency and blockchain industry in using their reach and wealth to support the development and growth of the industry. Crypto-based investing and funding have become more popular than ever due to the fast-paced growth of DeFi, and investors see potential in growing startups as blockchain technology is adopted by more industries.

In conclusion, the Bankless podcast presenters raising $35 million for a venture capital fund is a significant move for the DeFi industry and blockchain technology. The fund will be an independent legal entity and will share the Bankless brand with the podcast. Whether this move will benefit the podcast or not is yet to be seen. However, it is a clear indication that cryptocurrency and blockchain-based investments and funding are growing and influencers are taking part.

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