We launched our hedge fund four years ago on October 1st, 2017 with a primary mission to accelerate the adoption of self-sovereign software. Since then, we have also launched two venture funds, a number of SPVs, and built out a global team of 14 people.
Meanwhile, the crypto market has matured tremendously. When we first launched, there were no institutional custodians, no execution firms, almost no way to short. Most of the major exchanges didn’t even offer corporate accounts!
The market has really transformed over the last 18 months. Since the onset of COVID, general awareness in crypto has skyrocketed. First, many investors began to investigate Bitcoin as a serious hedge against rampant fiat inflation. Around the same time, DeFi exploded over the Summer of 2020, and finance professionals from all over the world began to explore crypto. Over the last few months, digital art and collectibles, profile pictures, crypto-based games, and more have all exploded as well, introducing millions of new retail users to crypto.
Crypto is entering mainstream awareness, and we are growing our team so that we can support entrepreneurs as effectively as possible, and engage broader stakeholders as one of the largest investment firms in the space.
Prior to joining Multicoin, Greg was a partner in the Investment Management and FinTech practices at Chapman and Cutler LLP. At Chapman, he spearheaded cryptocurrency efforts with a focus on asset managers, CeFi institutions, and stablecoins. He also represented traditional equity, debt and commodity asset managers, with a specialty in novel registered products.
Greg is a crypto veteran and understands the markets and regulatory environment. He began working in the space in late 2012, crafting the first financial markets disclosure on bitcoin and addressing early federal and state regulatory and asset classification matters. Over the last decade, he has represented a diverse set of parties across the crypto ecosystem, including traditional financial institutions, custodians, trading platforms, miners, developers, asset managers and individual investors.
Greg joined us full time a couple of months ago, and has already been instrumental in helping mature the firm. While we expect his role will grow and evolve as we do alongside the market, some of his core responsibilities include the following:
- Greg is spending time with our portfolio companies to understand their legal and regulatory needs and to connect them with appropriate legal resources.
- Greg represents Multicoin Capital as a board member at the Association For Digital Asset Markets (ADAM). ADAM works in partnership with leading financial firms and regulatory experts to devise a code of conduct for digital asset markets. Multicoin Capital is proud to have joined their efforts and to contribute to the maturation of and advocacy for the ecosystem.
- Greg also leads our legal and compliance functions. Working with our primary outside counsel at McDermott Will & Emery (fund counsel) and Gunderson Dettmer (transactions), Greg manages the application of best practices to this new investable asset class.
He has already changed the trajectory of the firm in the short time he’s been here, and we have no doubt he will continue to do so moving forwards. Crypto is entering the next phase of growth, and we feel very fortunate to have Greg on our team to help us build the future alongside our portfolio companies.
We are always on the lookout for exceptional talent across all fronts: investment team, finance, marketing, investor relations, and more. If you or anyone you know is interested in joining one of the largest and most established investment firms in crypto, please get in touch!