The Scoop

Alex Felix is the Chief Investment Officer at CoinFund.
Back in July, CoinFund announced the raise of $158 million for a new early-stage crypto startup investment fund. 
In this episode, Felix explains how his firm is thinking about allocating the capital, and breaks down the institutional interest in early-stage crypto investing.
According to Felix, the market is still discounting web'3 full potential:
"Almost everyone universally has under-appreciated, the size of the market opportunity for web3. It's open source, it's open competition — when we make this transition to web3 rails, it will be very hard to compete against for any web2 or other business model."

This episode is brought to you by our sponsor, PayPal.
Make your crypto move with PayPal. Get started today at PayPal.com/crypto

Show Notes

Alex Felix is the Chief Investment Officer at CoinFund.

Back in July, CoinFund announced the raise of $158 million for a new early-stage crypto startup investment fund. 

In this episode, Felix explains how his firm is thinking about allocating the capital, and breaks down the institutional interest in early-stage crypto investing.

According to Felix, the market is still discounting web'3 full potential:

"Almost everyone universally has under-appreciated, the size of the market opportunity for web3. It's open source, it's open competition — when we make this transition to web3 rails, it will be very hard to compete against for any web2 or other business model."


This episode is brought to you by our sponsor, PayPal.

Make your crypto move with PayPal. Get started today at PayPal.com/crypto

What is The Scoop?

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.