Variant 4 raised 222 million to bet on "autonomy," and the next step is applications that truly empower users. Permissionless finance + AI agents—this combination has great potential.

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.