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Crypto venture capital firm Variant raises $222 million for new fund, Variant 4, to invest in early-stage companies, focusing on AI, crypto, and "autonomy." Variant founder Jesse Walden stated that by the end of this decade, the identity of "crypto investor" will disappear, becoming as broad as "internet investor." Variant defines "autonomy" as applications that give users more control, including permissionless finance, crypto, and smart agent applications. He also said that crypto is infrastructure rather than a product, serving as the underlying channel supporting more products, and growth is just beginning. (Fortune)