Multicoin Capital promotes two core members to general partners

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Deep Tide TechFlow News, March 24 — Multicoin Capital announced the promotion of Spencer Applebaum and Shayon Sengupta to General Partners and Co-Head of Venture Investing. Both have been with the company for over eight and five years respectively, leading major investments in Solana, Helium, Hyperliquid, Jito, and more. They have also been deeply involved in company strategy, portfolio development, and representing the firm externally. Multicoin Capital stated that this promotion is a formal recognition of their long-term responsibilities as GPs, and the company will continue to focus on cutting-edge sectors such as DeFi, DePIN, AI, and crypto integration.

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