He also contributed to Forward, a SOL-backed treasury entity, and played a key role in Solana-related strategic concepts that guided the firm’s view on network scalability.

The crypto investor ecosystem shifts as Kyle Samani, co-founder of Multicoin Capital, steps away from active crypto investing after about a decade to focus on emerging technologies like artificial intelligence and robotics, while continuing personal digital asset investments.

Multicoin publishes a letter co-authored by Samani and co-founder Tushar Jain confirming this next chapter will center on AI, longevity, and robotics, though the firm remains convictionally committed to crypto.

The departure is framed as an era-ending moment for a vocal crypto-focused fund, signaling leadership moving toward broader tech sectors rather than a throwaway stance on crypto’s future.

Regulatory landscape framing: the CLARITY Act in the United States is highlighted as a potential catalyst to unlock wider crypto adoption by clarifying jurisdiction between the SEC and CFTC.

Samani will continue to advocate crypto policy, citing past engagements with Washington policymakers and the SEC Crypto Task Force on staking ETFs, and remains optimistic regulation will spur adoption.

He remains bullish on crypto’s future in the U.S., arguing regulatory clarity, including the CLARITY Act, could drive broader participation and institutional interest.

Multicoin Capital, founded in 2017, built a reputation for thesis-driven, concentrated bets and was an early backer of the Solana ecosystem, shaping its profile and performance.

The firm’s Solana positioning and thesis-driven approach contributed to its prominence even as leadership shifts occur.

He expresses enduring conviction that crypto will fundamentally reshape finance and remains bullish on Solana, underscoring ongoing influence in the ecosystem.

Samani helped steer Multicoin’s crypto focus, supported Solana and DePIN initiatives, and promoted the IBRL (Increase Bandwidth, Reduce Latency) thesis within Solana’s roadmap.

Even with stepping back, Samani plans to maintain personal crypto investments and governance roles, including as Chairman of Forward and a board member at Zama, while staying involved with Multicoin portfolio companies.