PANews reported on January 7th that CoinFund has spun off its liquidity strategy business into an independent company, led by Seth Ginns and Chris Perkins. Both will step down from their operational roles at CoinFund after the transition is complete. CoinFund will now focus on seed-stage and growth-stage Web3 projects, with Jake Brukhman, Alex Felix, and David Pakman continuing to lead the company. The company stated that this move will allow the two investment strategies to focus on development, better serving LPs and Web3 entrepreneurs.