4min chapter

The Generalist cover image

Multicoin Capital: The Outsiders

The Generalist

CHAPTER

Multicoin's Darkest Hour

Multi coin made a strategic adjustment, deciding to stop actively trading its portfolio. The firm doubled dow on salana at a time when most investors were taking a step back from active deployment. In may of 20 21, multicoin announced the new a hundred million dollar vehicle named venture fund two. By then, the sector was half way through a upswing that saw established and insurgent currencies hit all time hihs. Helium's token appreciated from one dollar 30 cents to a high of 55 dollars 22 cents.

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