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Early investor in defunct Luna token plans to raise another fund

Bloomberg
Bloomberg8/3/2022 09:33 AM GMT+08  • 3 min read
Early investor in defunct Luna token plans to raise another fund
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Simon Seojoon Kim, South Korea’s most well-known cryptocurrency investor and an early backer of the ill-fated Luna token, said he hasn’t lost faith in the battered sector and plans to raise a third venture capital fund in the first half of next year.

The head of VC firm Hashed is looking to step up investments in GameFi projects, which make blockchain-based video games allowing players to own assets within them, he said in an interview with Bloomberg News.

Kim made a name for himself as a crypto evangelist and investor in startups like The Sandbox and Sky Mavis, the owner of the Axie Infinity game.

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