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Crypto VCs Turn Back to ‘Professor Coins’ as Funding Rebounds

Venture capitalists are turning back to crypto startups founded by professors as funding for the digital asset industry takes off again. Companies like Sahara, CheckSig and NEBRA were all launched by academics and raised fresh capital in the past two months, but two startups have stood out in a category that the industry has nicknamed “professor coins.” EigenLayer, founded by Sreeram Kannan, a former associate professor at the University of Washington, raised $100 million from Andreessen Horowit...

Read more at bloomberg.com

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