Co-founders of Hashed and Senior Hedge Fund Investor Joins Web3 Venture Fund

On March 2, it was announced that Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor, would join the Web3 venture fund newly…

Co-founders of Hashed and Senior Hedge Fund Investor Joins Web3 Venture Fund

On March 2, it was announced that Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor, would join the Web3 venture fund newly created by Evan Cheng, the CEO of Mysten Labs as general partners.

Hashed co-founder Alex Shin will join the Web3 fund of the CEO of Mysten Labs

Analysis based on this information:


The world of blockchain technology is making waves again, as the Web3 venture fund, created by Mysten Labs CEO Evan Cheng, announced that two key players in the industry will be joining as general partners. These partners are Alex Shin, the co-founder of Hashed, and Sandeep Ramesh, a senior hedge fund investor.

This development is a clear indication of the growing interest in blockchain technology, and the fact that key investors in the field are looking to take advantage of the opportunities that it presents. Web3 is a venture fund that focuses exclusively on investing in companies involved in blockchain technology and decentralized applications.

With Shin and Ramesh on board, it is clear that Web3 is looking to establish itself as a major player in the blockchain industry. Shin brings a wealth of experience to the table, having co-founded Hashed, one of the largest blockchain investment firms in South Korea. Hashed has invested in a number of high-profile blockchain projects, including Icon, Kyber Network, and Terra.

Ramesh, on the other hand, comes from a background in traditional finance, having worked as a senior hedge fund investor at firms such as Blackstone and Goldman Sachs. His decision to join Web3 is a clear indication of the growth potential that he sees in the blockchain industry.

In joining Web3 as general partners, Shin and Ramesh will be responsible for identifying potential investment opportunities, conducting due diligence on prospective investments, and helping to guide companies that receive funding from Web3.

Overall, the news that Alex Shin and Sandeep Ramesh will be joining Web3 as general partners is a significant development for the blockchain industry. It shows that traditional financial investors are taking notice of the potential that blockchain technology represents, and that they are willing to invest in companies that are at the forefront of innovation in this area.

Title: Blockchain Innovators Jump on Board a New Venture Fund

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