Vanessa Grellet, Co-founder, Head of portfolio growth at CoinFund

A veteran of the fintech industry with nearly two decades of experience in financial services, regulation, and cutting-edge technology, Vanessa Grellet. She presently oversees portfolio growth for CoinFund, an investment company with offices in New York and Miami that specializes on early-stage Web3 projects and cryptocurrency assets. Grellet began working in the blockchain sector in November 2016 when she joined ConsenSys as an executive director, largely responsible for advancing the Ethereum ecosystem. She has contributed to the leadership of projects including the Accounting Blockchain Coalition and the Enterprise Ethereum Alliance.

Grellet has previously held positions with industry giants like PricewaterhouseCoopers and the New York Stock Exchange. The businessman is also the head of the Blockchain for Social Impact Coalition, a non-profit that encourages the creation of blockchain-based products and services designed to address social and environmental issues. She is a founding member of the Crypto Tea community and holds executive positions at two investment firms, Nexus and Cornerstone Capital. She pursued studies in business and managerial economics at HEC Paris as well as international commerce, tax, and business law at Université Paris-Panthéon Assas (Paris II).

2023

According to research, global venture capital investments in cryptocurrency firms have decreased for five quarters running, although some venture capitalists are still placing millions of dollars on blockchain. To support early-stage cryptocurrency entrepreneurs, venture capital firm CoinFund has received $158 million.

According to CEO Jake Brukhman, the new fund is more than the one CoinFund originally intended to raise. The New York-based company had anticipated raising $125 million, but more money was expressed than they had anticipated.

2022

Grellet’s main priorities in 2022 are anticipated to be bringing promising early-stage crypto enterprises into CoinFund’s portfolio and guaranteeing the success of their product and service launches. J. Christopher Giancarlo, commonly known as “Crypto Dad,” the former chairman of the Commodity Futures Trading Commission, joined CoinFund as an adviser at the beginning of the year.

Numerous other cryptocurrency efforts, such as the decentralized prime brokerage liquidity protocol Primex Finance, the digital asset management system Hal, and the NFT-focused venture studio Metaversal, have received multimillion dollar funding rounds from the company.

Grellet sees the NFT ecosystem as having disruptive potential and anticipates that within the next four to five years, the technology will become widely used. The organization is anticipated to spend the majority of its funds in businesses specializing in NFTs and the Metaverse under her direction.

Latest news about Vanessa Grellet

• The Commodity Futures Trading Commission (CFTC) has taken legal action against three decentralized finance (DeFi) entities, Opyn, ZeroEx (0x) Inc., and Deridex Inc., alleging illicit derivatives trading. The firms were accused of using blockchain-based protocols and smart contracts as trading platforms. The CFTC issued cease-and-desist orders and penalties, but all three companies have agreed to resolve the charges. CoinFund’s Chris Perkins criticized the CFTC’s enforcement approach, arguing that a regulation-by-enforcement regime could hinder innovation and hinder American competitiveness.
• CoinFund has closed its $158 million Seed IV Fund LP, supporting pre-seed and seed-stage startups in the web3 ecosystem. The fund exceeded its initial fundraising goal of $125 million, with support from institutional investors, family offices, and high-net-worth individuals. CoinFund, founded in 2015, has raised over $550 million in the last 18 months and has made significant investment announcements in web3 and AI projects.

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