Multicoin Ventures: a lead investor in multiple rounds of funding for Drift Protocol, and has been increasing its position on the secondary market.

Odaily Planet Daily News Multicoin Capital co-founder Kyle Samani wrote on X that since 2019-2020, we have been carefully analyzing decentralized finance derivatives products, and we believe that Drift Protocol is the best protocol to seize this opportunity. We led multiple rounds of private sale financing and have been buying DRIFT tokens on the public market since their launch in May.