a&t

ChainCatcher news, according to Bloomberg, Ant Financial plans to withdraw from the cryptocurrency sector by pulling out from a $100 million fund. According to insiders, Ant Financial is planning to exit its investment in A&T Capital, and it is currently unclear whether A&T Capital will continue operations or attract new investors.This move comes a few months after A&T's founding partner Yu Jun resigned, at which time the company began investigating Yu Jun's behavior in the workplace. Former Ant Financial executive Yu Jun helped establish A&T and invested in offshore cryptocurrency projects.It is reported that A&T was established in April 2021 and had previously invested in several popular crypto startups, including digital asset lending institution Matrixport and Ethereum software manufacturer ConsenSys, with Ant Financial being a major investor in A&T.

ChainCatcher news, according to Cointime, the account abstraction crypto wallet Echooo Wallet has completed a $15 million financing round at a valuation of $100 million, with participation from Skyview Capital, A&T Capital, and others.In addition, Echooo Wallet announced that it will launch a "limited-time free account abstraction wallet giveaway" event today at 22:00 Beijing time.

ChainCatcher news, regarding the former head of A&T Capital, who was investigated by the Hangzhou police on March 9 for suspected sexual assault. Some netizens claimed that the individual was an executive at Ant Group. Ant responded that the individual was previously a staff member sent overseas to the fund (i.e., A&T Capital) and submitted his resignation on March 6, with the resignation procedures completed on March 21.Previously, on March 26, A&T Capital released a statement on Twitter revealing that the individual had represented one of its investors while working at A&T Capital. According to public information, the individual is a founding partner of A&T Capital, which focuses on investments in areas such as blockchain. According to the official website, A&T Capital is led by three founding partners located in Berlin, Singapore, and Shanghai. (source link)

ChainCatcher message, A&T Capital's official account posted on social media: "Mr. Yu Jun is currently facing some personal issues that are under investigation. A&T Capital takes a zero-tolerance approach to any unethical or illegal behavior. Although Mr. Yu is no longer employed at A&T, A&T Capital will fully cooperate with the relevant authorities in the investigation, closely monitor the progress and results of the investigation, and await a fair judgment from the judicial process.At the same time, an independent investigation team has been established internally at A&T, led by founding partner Jasmine, to conduct a comprehensive investigation of the entire matter, and the results will be announced to all employees. If there are any violations of workplace ethics, serious actions will be taken. Mr. Yu Jun previously represented one of our investors while serving at A&T Capital. He has resigned from the investor's company. Therefore, Mr. Yu will no longer participate in any affairs of A&T Capital, nor will he represent this fund. This change will not affect the operation of this fund." (source link)

ChainCatcher message, A&T Capital recently released a letter to investors stating, "Yu Juan, who previously represented one of our investors, has been appointed to A&T Capital. He has resigned from his position at the investor's company. Therefore, Yu Juan will no longer be involved in any matters related to A&T Capital, nor will he represent this fund. This change will not affect the operation of this fund."Previously, Yu Juan's Twitter bio was "Founding Partner of A&T Capital / Former Investment Director of OKX."

ChainCatcher news, the decentralized liquid staking protocol Diva has completed a $3.5 million seed round financing, led by A&T Capital, with participation from Gnosis, Bankless, OKX Blockdream Ventures, Metaweb, DCV Capital, Alphemy Capital, Very Early Ventures, and Stake.vc, as well as some angel investors.It is reported that Diva will launch in late January 2023. Diva's CEO Pablo Villalba stated, "Diva is a super lightweight client that connects to existing Ethereum execution and consensus clients via standard APIs. Diva will allow stakers to stake any amount of ETH, with no minimum requirement, and without needing to run any nodes. Additionally, participants can establish a node with just 1 ETH." (source link)