CoinFund, a trailblazing crypto-native investment firm, has added another feather to its cap with the appointment of Dmitry Lapidus as Senior Liquid Analyst. Based in Hong Kong, Lapidus will be the linchpin in CoinFund’s plans to ramp up its focus on liquid investment opportunities across the Asia-Pacific region.
Dmitry Lapidus is far from a rookie in the Asian financial markets. With over a decade of hands-on experience in the region, including Hong Kong and Singapore, his resume reads like a who’s who of big names in both traditional and crypto finance. He’s worked as an investor at Prince Street Capital Management and as an investment analyst at Old Mutual Global Investors and BlackRock. His most recent stint was at Dragonfly Capital, a firm that exclusively deals in crypto investments. Lapidus also holds a Bachelor of Science in Government and Economics from the prestigious London School of Economics and Political Science (LSE).
In his new role at CoinFund, Dmitry will report to Managing Partner Seth Ginns and will be a part of the Liquid Investment team. His responsibilities will include on-the-ground engagement throughout Asia-Pacific and providing advice to portfolio companies trying to make inroads into local markets. This move is part of CoinFund’s broader strategy to position itself at the intersection of conventional finance and crypto innovation. The firm has been known for its founder-friendly approach, helmed by a team of seasoned investors and tech-savvy individuals.
The timing couldn’t be more opportune. The Asia-Pacific market is rife with possibilities for web3 startups, thanks in part to increasing regulatory clarity for crypto enterprises and investors. Just last September, Singapore hosted the Token2049 conference, which reportedly saw more than 20,000 attendees and is touted as this year’s largest global blockchain conference. CoinFund isn’t new to identifying nascent tech trends early on. The firm boasts a portfolio of more than 100 crypto and web3 ventures, of which over 40% are headquartered outside the United States.
Seth Ginns, who heads CoinFund’s Liquid Investments, was effusive in his welcome. “We’re thrilled to welcome Dmitry to CoinFund. He brings an extensive network and a treasure trove of knowledge that will enrich our approach to crypto investments,” he said. “As the crypto landscape and our portfolio companies increasingly view Asia-Pacific as a hotspot for growth and opportunity, Dmitry’s on-the-ground insights will be invaluable.”
Dmitry, for his part, is equally excited about his new role. “CoinFund’s institutional grade operations, paired with their impressive portfolio and an entrepreneurial culture, made joining the team an easy choice,” he noted.
The appointment follows hot on the heels of CoinFund’s recent financial win — the closing of a $158 million Seed Fund IV, surpassing its initial target of $125 million. The fund is backed by a blend of institutional investors, family offices, and high-net-worth individuals and aims to support pre-seed and seed-stage investments in ambitious founding teams across the web3 ecosystem.
With Dmitry Lapidus on board and a hefty new fund to boot, CoinFund is making it clear that it’s doubling down on its Asia-Pacific ambitions. It’s a strategic move designed not just to capture a share of the burgeoning market, but to shape it.
