CoinWorld News reports that the crypto venture capital firm Variant has raised $222 million for its new fund, Variant 4, with plans to invest in early-stage companies, focusing on artificial intelligence, encryption, and "autonomy." Variant founder Jesse Walden stated that by the end of this decade, the identity of "crypto investor" will disappear, and in the future, it will be as broad as "internet investors." He defined "autonomy" as applications that give users more control, including permissionless financial, encryption, and smart agent applications. He also pointed out that encryption is infrastructure rather than a product, serving as the underlying channel supporting more products, and that growth is just beginning.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 3
  • Share
Comment
Add a comment
Add a comment
FoldedCosmosCat
· 6h ago
222M dollars, Variant really can raise funds
View OriginalReply0
ColdWalletInTheAutumnBreeze
· 13h ago
The definition of control rights is back in the hands of VC, how ironic.
View OriginalReply0
GateUser-0f33f9ef
· 13h ago
Internet investors didn't disappear back then either; no one just mentioned them anymore.
View OriginalReply0
WalletHealthInspector
· 13h ago
Intelligent agents + permissionless finance, this combo sounds like the next scam to harvest retail investors.
View OriginalReply0
DustCollector7
· 13h ago
Infrastructure narratives never go out of style, but whether valuations can hold up is another matter.
View OriginalReply0