CoinFund

Blockchain VC investing in decentralized networks. Est. 2015

[CoinFund @coinfund]

Bringing it back to this great conversation between @jbrukh and @Gensynai founder @benfielding today. Congrats to Ben and the entire team on launching @Delphi_fyi on mainnet 👏

Watch the full interview: https://t.co/9UYE4dEIi0

[CoinFund @coinfund]

“An AI model that exists without a kind of explicit direction from a human, it's not doing something because of a human interaction. It's actually just existing almost in its own right.”

Full interview with @jbrukh and @gensynai CEO @benfielding dropping next week

[Allora @AlloraNetwork]

Allora x @trepa_io

Partnering with Trepa, a new prediction primitive on @solana that rewards closeness to the outcome, not direction. 1-minute rounds.

What this means: Participants can now use Allora's inference data to sharpen their calls.

More to come.

[Jake Brukhman @jbrukh]

As of today, there’s essentially 5 companies who have successfully completed meaningful SOTA moving decentralized *pretraining* runs:

- @PrimeIntellect (10B INTELLECT-1, Oct 24)
- @Pluralis (7.5B Node0, Oct 25; 8B Agora launch, May 26)
- @NousResearch (40B Consilience, May 25)
- @covenant_ai (Coventant-72B, Mar 26)
- @MacrocosmosAI (Orion-100B, June 26)

In October ‘24, I thought we would enter a decentralized AI training race. I think that’s gearing up now.

[CoinFund @coinfund]

Always an honor to share the stage with you @veda_labs @sunandr_ 🤝

And thank you @proofoftalk for having us!

[Veda @veda_labs]

Despite broader crypto market sentiment, it's the best time ever to be building in DeFi because the distribution layer is here.

@sunandr_ at @proofoftalk on how vaults are powering onchain finance for institutional adoption, with @xbtogroup, @Zircuit, @temple_ny and @coinfund:

[Sun @sunandr_]

Privy is so dominant in the embedded wallets space they have almost become synonymous with the category.

This partnership gives @privy_io customers (some of the largest fintechs in the world) access to multi strategy vaults for the first time.

Beyond excited

[Perle Labs @PerleLabs]

There’s a quiet shift happening underneath AI development.

The most valuable training data is no longer just labeled at scale. It is reviewed, validated, and improved by people with real domain expertise.

A thread on why the next era of AI data needs an expert economy 👇

[CoinFund @coinfund]

Words of wisdom from our Head of Venture Legal @DilveerVahali ⚖️

You can also check out Dilveer's advice for founders here: https://t.co/oI206rmilE

[Dilveer @DilveerVahali]

4/ creativity drives better deal outcomes.

[CoinFund @coinfund]

Catch @jbrukh at @MetaMask Builder Nights next Monday, June 8th, at 6 pm ET 🎙️

[MetaMask 🦊 @MetaMask]

💡 The AI-Crypto Thesis:

What's Hype, What's Real, What's Next - A Fireside Chat

with:
@jbrukh
@marco_derossi

[Alexander Long @AlexanderLong]

Whole section on Pluralis in Chamath's substack this week right under details of Anthropic's monster round.

[CoinFund @coinfund]

.@veda_labs 🤝 @privy_io

[Veda @veda_labs]

We're partnering with @privy_io to make enterprise-grade yield available via API.

Veda vaults, which have been reserved for the largest institutions, will soon become available for all 2,000+ dev teams using Privy.

Get on the list to be notified first: https://t.co/HWS0a2yLdb

[Dilveer @DilveerVahali]

1/ crypto deals ≠ venture deals.
just dropped a pod with @SahilChaudry & Pankaj Raval at @carbonlawgroup on what dealmaking actually looks like on-chain.
clips + full ep below 👇
🎧 https://t.co/Mv2BfsWM9p

[CoinFund @coinfund]

Don’t miss @coinfund Partner @EvanTheFeng at the Louvre for @proofoftalk this week, where he’ll cover institutional yield in crypto with some of the best minds in the space 🎙️

Panel starts tomorrow, June 2nd, at 10:55 am CET. Find more info here: https://t.co/DaxZVfguWC

[Proof of Talk @proofoftalk]

PANEL ANNOUNCEMENT: Institutional yield in crypto is moving to the next chapter. Onchain vaults and active Bitcoin strategies are the next layer.

On Day 1 at the Louvre: Institutional Yield in Crypto: From Bitcoin Strategies to Onchain Vaults.

Sunand Raghupathi @sunandr_ (Co-founder & CEO, @veda_labs), Karl Naim (CCO, @xbtogroup), Martin Derka @dr_zircuit (Co-Founder, @Zircuit), and Evan Feng @EvanTheFeng (Partner, @coinfund) take the stage for a conversation moderated by Travis Hayes (Head of Capital Markets, @temple_ny).

The panel answers how institutional yield is evolving across two fronts.

On the Bitcoin side, beyond passive holding into delta-neutral, basis-driven, and actively managed treasury strategies built around liquidity, volatility, and counterparty control.

On the DeFi side, the rise of onchain vaults as a new yield layer, giving institutional investors automated access to strategies across structured products and tokenised markets.

Join the room.
https://t.co/ol4EWRsimW

[Jake Brukhman @jbrukh]

Decentralized training went from impossible to now training commercial grade LLMs and video diffusion models.

You can just advance the state of the art of things!

[David Pakman (dpakman.eth) @pakman]

The @veda_labs team is building one of the most critical pieces of modern financial infra -- vaults. And their partnership growth is a strong signal of just how valuable this product offering is.

[Ansem @blknoiz06]

stop scrolling & read this all the way through

[World @worldnetwork]

Thirty Seconds to Mars has already reserved human-only tickets for their 2027 tour.

Concert Kit is open to any artist who wants to reserve their tickets for real, verified fans.

Learn more: https://t.co/J80Jjqvq7Y

[Evan Feng @EvanTheFeng]

Excited to join Proof of Talk next week as a speaker and pitch competition judge! Please DM/email to catch up in Paris, especially if you're a builder within web3, or becoming one soon. CoinFund is actively deploying into the best opportunities across stages and verticals.

[CoinFund @coinfund]

The team at @bageldotcom went into Paris 2.0 trying to match the monolithic baseline. They beat it instead.

The result speaks for itself: they outperformed a monolithic model trained on the same data and compute budget by ~2x on FVD, the standard video quality benchmark. Congrats to the Bagel Labs team, we’re very impressed 🙌

[bidhan ✈️ CVPR @bidhan]

We're releasing Paris 2.0, which, to our knowledge, is the world's first decentralized trained video generation model.

We benchmarked it against a monolithic model trained on the same data and compute budget, and Paris 2.0 outperformed the monolithic by ~2x on FVD benchmark.

[CoinFund @coinfund]

Love seeing the portfolio work together @veda_labs @ether_fi 🤝

[Veda @veda_labs]

$220M moved. 3 days. Zero downtime.

Veda powered @ether_fi’s recent crosschain migration to @Optimism without freezing a single deposit or requiring any user action.

On the backend, this involved:
– deploying 5 vaults
– migrating vault receipt tokens
– adding new modules to 1 existing vault

On the frontend, this meant:
– continuous txns for 70,000 payment cards
– continuous uptime for 300,000 accounts

Not all vaults can go crosschain. Ours can.

Read the full breakdown: https://t.co/0Y9RYRqDd8

[Veda @veda_labs]

Together, we've reached a new milestone with @krakenfx USDC Earn Vaults:

[CoinFund @coinfund]

We’re honored to partner with such hard-working, innovative founders.

If you’re building something, come build with us at @coinfund. Our DMs are open.

[CoinFund @coinfund]

So much good news from our portfolio this month:

@dakota_xyz launched Self-Serve
@Pluralis released Agora
@catena_labs raised their Series A
@lifiprotocol launched Intents
@veda_labs launched Bitcoin Earn on @krakenfx