Mercury Fund Appoints a new Partner for Web3 and Fintech Funds

02/14/2023 13:55 • Crypto & Markets • 114 views

It is reported that Mercury Fund announced the appointment of Samantha Lewis as a partner to take charge of Web3 and Fintech funds. Samantha Lewis previously served on the board of directors of some portfolio companies under Mercury, including Topl, a blockchain start-up. The Mercury Fund was launched in January 2022, and its limited partner investors include many well-known encryption institutions, such as Galaxy Digital, Digital Currency Group, Acculade Partners, Evanston Capital, Isomer, Hutt Capital, Multiple Capital, Presight Partners and Rockaway, as well as individual supporters of a16z co-founder Marc Andreessen and a16z partner Chris Dixon, technology investors Bo Shao and Erik Voorhees. （bizjournals）

Mercury Fund appointed Samantha Lewis as a partner to be responsible for Web3 and FinTech Fund

Interpretation of the news:

Mercury Fund, a venture capital firm, recently announced the appointment of Samantha Lewis as a Partner to head their Web3 and Fintech funds. With this appointment, Mercury Fund intends to build a stronger network in the blockchain industry and invest in digital assets, cryptocurrency, and novel tech applications of finance. Lewis has a proven track record in understanding the potential of blockchain in Fintech, and the latest development appears to be a perfect fit for both parties.

Lewis has been associated with Mercury Fund previously as she served on the board of directors of Topl, a blockchain start-up. This experience helped her develop a keen eye for investing in potential start-ups and technology that can bridge the gap of various industries. With Lewis’s appointment, Mercury Fund supposedly aims to strengthen its portfolio companies and bolster their investments in the emerging blockchain technology space.

Mercury Fund is backed by many influential and reputable investment institutions, such as Galaxy Digital, Digital Currency Group, and Acculade Partners, along with individual supporters of technology investors including Marc Andreessen and Chris Dixon. The inclusion of such well-established entities sets Mercury Fund apart from other blockchain-focused investment funds and reinforces their commitment to investing in the future. Furthermore, Erik Voorhees, a technology investor, and the founder of ShapeShift, has also backed Mercury Fund, signaling their involvement in the fast-growing world of cryptocurrency.

The term Web3 refers to the next generation of the internet, which is built on top of blockchain technology. As blockchain technology gains more mainstream acceptance, a new era of the internet will emerge, one that is decentralized, transparent, and more resistant to data breaches. With Samantha Lewis at the helm of the Web3 and Fintech funds, Mercury Fund can strengthen its investments and potentially become a leader in the emerging blockchain technology space.

In conclusion, Mercury Fund’s recent appointment of Samantha Lewis as a partner will allow them to explore and capitalize on emerging blockchain technology, build a stronger network in the industry, and invest in digital assets, crypto, and novel tech applications of finance. This move will add a new dimension to Mercury Fund, and their investments in Web3 and Fintech will undoubtedly benefit from Lewis’s expertise and knowledge.

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Mercury Fund Appoints a new Partner for Web3 and Fintech Funds

Mercury Fund appointed Samantha Lewis as a partner to be responsible for Web3 and FinTech Fund

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