Peter Thiel's Founders Fund taps former Pantera exec Krug as partner
"I'll be focused on defining the next decade of Founders Fund's crypto strategy while looking for the next wave of generational crypto startups and founders to back," Krug wrote.
Founders Fund was formed in 2005 by a group of PayPal co-founders including Peter Thiel. Its portfolio includes Facebook, AirBNB and SpaceX. Its crypto portfolio includes Ondo Finance and Block Green.in January after it netted nearly $2 billion from sales of its bitcoin holdings in 2022, according to a Financial Times report at the time.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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