CoinFund, a prominent investment firm focused on web3 technologies, has recently revealed the selection of Dilveer Vahali, an experienced transactional attorney, as the new Head of Venture Legal. In this capacity, Vahali will be responsible for shaping CoinFund’s legal approach to deals and ensuring their effective execution. Moreover, he will play a crucial role in supporting CoinFund’s extensive portfolio of around 90 active web3 venture investments, drawing on his vast expertise in handling specialized and intricate corporate transactions. With his seasoned guidance, Vahali is set to make a significant impact in his new position at CoinFund.
Vahali joins CoinFund with a decade of experience advising on M&A, venture capital investments and other transactional law matters. Most recently, Vahali was the General Manager and Lead Counsel at TCG Crypto where he acted as the general counsel and COO of the crypto fund, leading deal execution, strategy and operations. He initially joined The Chernin Group (TCG) as Deputy General Counsel where he led deal execution for the TCG funds at large and worked on fund and portfolio company legal matters. Prior to joining TCG, Vahali was a Partner at Kirkland & Ellis LLP in the corporate group, where his practice was focused on mergers & acquisitions, private equity and corporate governance. He began his career in investment banking as a financial analyst in Citigroup’s Corporate Mergers & Acquisitions group.
Founded back in 2015 by the dynamic duo of Jake Brukhman and Alex Felix, CoinFund stands tall as one of the pioneering cryptonative investment firms on the global stage. Evolving into a registered investment adviser with a top-tier interdisciplinary team of nearly 30 brilliant minds, CoinFund has left its indelible mark across the vast expanse of web3. Its portfolio boasts over 100 investments, carefully spread across six investment vehicles, encompassing a wide spectrum of web3 facets like artificial intelligence, protocols, gaming, and the ever-so-trendy NFTs.
Recently, the firm made waves by announcing the triumphant close of their Seed IV Fund, amassing a staggering $158 million in July 2023. This was preceded by an earlier $320 million early-stage web3 venture fund, CoinFund Ventures I, which they proudly unveiled in August 2022.
What sets CoinFund apart is not just its successful financial achievements but also the formidable investment team at the helm, skilfully navigating this sea of opportunities. The Managing Partners, Jake Brukhman, and Alex Felix, lead the charge in distinct focus areas—decentralization technologies, infrastructure, AI x web3, marketplaces, financial services, and cross-vertical liquid investing. Joining this powerhouse are David Pakman, an expert in NFTs, consumer trends, and infrastructure; and Chris Perkins, delving deep into financial convergence, tokenization, and CeFi.
The Investment team includes Vangelis Andrikopolous, Austin Barack, Einar Braathen, Evan Feng, Christian Murray, Rishin Sharma, and Isaiah Washington—all possessing an array of expertise ranging from ZK/ML/AI to DeFi, from Layer 2s to consumer services, gaming, NFTs, and DAOs.
As CoinFund continues to redefine the boundaries of the web3 landscape, their prowess remains an undeniable force shaping the future of this rapidly expanding digital realm.
Speaking on his appointment, Vahali said: “I am excited to be joining CoinFund at this critical time. As the industry continues to mature, it is clear that the best investors are leveraging seasoned professionals to apply their knowledge from other industries to provide effective advice in a creative way to crypto and web3. CoinFund’s history and reputation exhibits the successful integration of significant and meaningful experience within a cryptonative ethos and community. I look forward to supporting our investment strategy working closely with Stewart, David, Jake, Alex and the rest of the investment team, and lending my expertise to support CoinFund’s mission to champion the leaders of the new internet.”
