On June 21, Billywen.sol, founder of Negentropy Capital, announced on social platforms, "After careful consideration, I have decided to dissolve Negentropy Capital that I founded with two other partners, liquidate the remaining funds and investment project quotas of the Negentropy fund, with partners taking what they should, and I will also restart as a solo VC independent investor like Mike Gan.
During this recent period of liquidity drought in crypto, when hope seems scarce, I mysteriously feel a force compelling me to do something, not just for money but out of a sense of mission. The crypto industry has reached a moment of transformation, a time to truly change traditional banking, payment, stock securities, and even fiat currency!"
BlockBeats previously reported that Negentropy Capital had invested in projects such as Slerf, Taproot Chain, XShares, Her.AI, and MetaGPT.AI.
