Express

Decrypt: ParaFi Capital's Santiago Roel Santos Will Leave To Set Up His Own Crypto Fund

Mary Liu

Summary: Santiago Roel Santos, the well-known investor who joined ParaFi Capital in February 2020 as a partner will leave the company, a confidential investor letter obtained by Decrypt shows. Industry insiders predict that Santos may launch his own cryptocurrency fund. Another investor said that Santos' departure is a major loss for ParaFi, and his absence may ...

Santiago Roel Santos, the well-known investor who joined ParaFi Capital in February 2020 as a partner will leave the company, a confidential investor letter obtained by Decrypt shows.

Industry insiders predict that Santos may launch his own cryptocurrency fund. Another investor said that Santos' departure is a major loss for ParaFi, and his absence may hinder the company's ability to find high-quality deals.

During Santos' tenure, ParaFi invested in decentralized finance (DeFi) projects including Aave and The Graph. He is also a member of PleasrDAO, which has invested millions of dollars in Meme-based art projects.

By Mary Liu

Last Update:

Tags: ParaFi Capital,Santiago Roel Santos
Link: Decrypt: ParaFi Capital's Santiago Roel Santos Will Leave To Set Up His Own Crypto Fund [Copy]

Last: According to Bitpush Market Data, ETH is now $2353.64, up 2.00% in 24 hours.

Next: The Street: $45 Billion AUM's GoldenTree Is Buying Bitcoin For Years

Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 hours ago

Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago

US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago

Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago

New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago