The co-founder of Multicoin Capital will step down from his position but will continue to make personal investments in the crypto space.
TL;DR
Kyle Samani, co-founder of Multicoin Capital, will step down but remain involved in crypto investments and board roles. He plans to redeem his fund stake in FWDI stock and warrants, pending approvals, with a bullish outlook on cryptocurrencies like Solana.
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Foresight News , Kyle Samani, co-founder of Multicoin Capital, tweeted that he will step down from his position and leave Multicoin, but will continue to serve as a board member of Zama and chairman of the board of Forward Industries. He also plans to submit a redemption request to the Multicoin main fund on March 31, requesting in-kind redemption in FWDI stock and warrants rather than USD cash, subject to Multicoin's subsequent decisions, legal compliance approvals, and Forward's independent consent. The relevant public filing is expected to be submitted after the redemption settlement in April 2026. "I remain bullish on cryptocurrencies, especially Solana, and plan to continue personal investments in the space while supporting the companies in the Multicoin portfolio."