Crypto investment firm Deus X Capital shuts down as backers pursue separate strategies
- —CEO Tim Grant will move to lead AI venture TensorX
- —CIO Stuart Connolly will oversee the firm's formal unwind
- —The formal wind-down is scheduled for January
Why it matters: The closure adds to signs of consolidation among crypto venture firms as backers split off into separate strategies.
Source: CoinDesk
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