kyle

Cross-chain trading application fomo announced the appointment of Kyle, the creator of the social trading network Clicker, as the head of cooperation, focusing on promoting public chain collaboration and team tags-related business, helping to enhance activity, and enabling project teams to directly reach token holders.Kyle had previously angel invested in fomo, with his public account ranking in the top 20 of fomo's historical trading leaderboard.

On October 31, Kyle Harrison, a general partner at the venture capital firm Contrary, stated that venture capital is experiencing a McDonaldization, where efficiency, measurability, predictability, and control lead to outcomes that are not intended by all parties. He believes the symptoms are scale combined with consensus, and the industry has split into different forms that share the same name. Harrison previously worked at Index Ventures, Coatue, and TCV, and founded the research platform Contrary Research. The article was published on the same day in his column.He cited PitchBook data indicating that in the first three quarters of 2026, a16z has raised $23.8 billion, accounting for over 20% of U.S. venture capital fundraising during the same period. During this time, U.S. venture capital funds raised a total of $108.5 billion, which is about 39% higher than the total for 2025. The number of first-time funds decreased from 479 in 2022 to 195 in 2025, with 81 so far this year; funds in their fourth round and beyond accounted for 88.2% of all fundraising, the highest share recorded by PitchBook.Harrison also wrote that the proportion of U.S. venture capital funding attributed to artificial intelligence rose from 39% in 2023 to 51% in 2024, 65% in 2025, and 82.7% so far in 2026. In the first quarter of this year, five companies—OpenAI, Anthropic, xAI, Waymo, and Databricks—captured 73.2% of U.S. deal value. Since 2023, non-AI venture capital in the U.S. has roughly maintained an annual range of $100 billion to $120 billion. He stated that once fund size dominates decision-making, every deal must fit the fund's scale.

Multicoin co-founder Kyle Samani announced on platform X that his largest personal angel investment has been made into Backpack.On September 2, Backpack announced that Multicoin Capital co-founder and early Solana investor Kyle Samani has joined the Backpack US Board of Directors. Samani has long focused on the development of DeFi, blockchain infrastructure, and global capital markets. Backpack stated that this appointment reflects a shared judgment between both parties that the future of global finance will combine institutional-level risk control with the efficiency and transparency of on-chain markets.

According to Cointelegraph, Multicoin Capital co-founder Kyle Samani predicted in Cointelegraph's Trade Secrets program that Solana will achieve a market cap surpassing Ethereum's "flip" within "this market cycle," stating that "no one is really using Ethereum today."He believes that more crypto companies will choose to build on Solana because it is easier to use and more powerful, and Ethereum's status as the default smart contract network may gradually diminish. This prediction implies that SOL's market cap needs to grow from $58 billion to about five times that amount to exceed ETH's current market cap of approximately $293 billion.Samani expressed a "pessimistic" view on Ethereum's value capture ability, calling it "an asset worth $300 billion to $400 billion, with questionable value capture and no growth at all." He also pointed out that although SOL's market cap is less than one-fifth of ETH's, the Solana network has already surpassed Ethereum in weekly and monthly fees—over the past 30 days, Solana generated $23 million in fees, ranking fourth, while Ethereum generated $12.6 million, ranking sixth (DefiLlama data).In terms of background, Samani entered the crypto space through Ethereum in 2016 but turned to Solana due to dissatisfaction with scaling solutions. Multicoin led Solana's early financing in 2018.

Cryptocurrency wallet and trading platform Backpack announced that Kyle Samani, co-founder of Multicoin Capital and an early investor in Solana, has joined the Backpack US board of directors.Kyle Samani has long focused on decentralized finance, blockchain infrastructure, and the evolution of global capital markets. Backpack stated that this appointment reflects a shared belief that the future of global finance will combine institutional risk management with the efficiency and transparency of on-chain markets.

According to Arkham monitoring, Multicoin co-founder Kyle Samani has deposited $10 million worth of PRIME into Kamino Finance and borrowed 8.6 million USDC against it as collateral. The total annual yield of the USDC stablecoin he holds is 39.4%, but using PRIME can achieve an annual yield of 56.4%.

According to Arkham monitoring, former Multicoin co-founder Kyle Samani deposited a total value of $10 million in PRIME into Kamino Finance and used it as collateral to borrow $8,600,000 USDC.He pays an annualized yield of 39.4% on USDC, but earns an annualized yield of 56.4% on PRIME. Kyle Samani is an experienced user of Solana DeFi.

Former Multicoin co-founder Kyle Samani predicts that in the next 18 months, advancements in the microstructure of the Solana on-chain market will surpass any other period in cryptocurrency history. Notable expectations include:Alpenglow: A major upcoming consensus mechanism upgrade for Solana, representing one of the largest protocol-level changes in Solana's history.ACE (Application Controlled Execution): Application controlled execution is a key innovation in Solana's core roadmap.MCL (Multi-Concurrent Block Production): Future upgrades for Solana will allow multiple leaders to propose blocks simultaneously, significantly increasing throughput and reducing latency, while improving transaction inclusion times and censorship resistance.PropAMMs (Proprietary Automated Market Makers): Deployed privately by professional market makers/institutions, using real-time price oracles to update quotes and actively manage liquidity, typically not accepting permissionless deposits.Aggregators: Aggregators like Jupiter and Dflow aggregate liquidity from multiple DEXs, AMMs, PropAMMs, etc., to find the optimal execution path for users, providing the lowest slippage and best prices.Conditional liquidity: Prevents market makers from being front-run, allowing them to offer tighter spreads, ultimately resulting in better trade prices and deeper liquidity.Overall improvements to SVM and the scheduler: Including optimizations for compute units, asynchronous program execution (APE), scheduling algorithm upgrades, etc., making programs run faster, more resource-efficient, and supporting higher concurrency.

Defiance Capital investor Kyle stated on social media that the stock market performance over the past four months shows that non-U.S. markets are in a structural bull market, while the U.S. market is experiencing significant volatility, facing currency depreciation and more than 20% bidirectional fluctuations in a non-bull market. Therefore, he decided to adjust his portfolio to 75% allocated to non-U.S. markets and 25% allocated to U.S. markets.

Former Multicoin co-founder and Forward Industries (FORD) board chairman Kyle Samani posted on the X platform, "Hyperliquid embodies many of the worst issues in the crypto industry. The founders fled their homeland to establish it. It openly facilitates crime and terrorist activities. The code is closed source and is licensed (requires access)."

The crypto venture capital firm Multicoin Capital announced that co-founder and managing partner Kyle Samani will gradually step back from the company's daily operations.Co-founder Tushar Jain stated that Samani's interests have expanded from the crypto space to cutting-edge areas such as artificial intelligence, longevity technology, and robotics, prompting him to dedicate more time to exploring these emerging technologies. Kyle Samani gained significant attention for his early bet on Solana and has been an important voice in the industry for years, actively promoting multiple tracks including DePIN, and co-founding the digital asset vault company Forward, which focuses on SOL as its core asset. He has also proposed core concepts related to Solana's performance, such as IBRL (Increase Bandwidth, Reduce Latency).Samani stated that leaving Multicoin is a "bittersweet" decision, but he will continue to invest in the crypto industry as an individual and remain a voice for the Solana ecosystem.

Multicoin co-founder and Forward Industries (FORD) board chairman Kyle Samani stated at the Solana Breakpoint conference: ACE (Application-Controlled Execution) will allow developers to specify custom ordering rules while still operating on a single global system with a global liquidity pool.As part of the Solana "Internet Capital Markets" roadmap for July 2025, ACE grants smart contracts millisecond-level control over transaction ordering, combining traditional financial microstructure with blockchain scalability to reduce fragmentation in DeFi.

ChainCatcher news, according to crypto journalist Eleanor Terrett, insiders reveal that the White House is considering appointing former CFTC commissioner Jill Sommers and NCUA chairman Kyle Hauptman as CFTC chairman. It is reported that both are supportive of cryptocurrency.Previously, due to the stalled confirmation of Brian Quintenz's nomination, the White House has restarted its review of candidates for CFTC chairman, with other candidates including SEC's Mike Selig, Treasury's Tyler Williams, and Milbank lawyer Josh Sterling.

ChainCatcher news, Multicoin co-founder and Forward Industries (FORD) board chairman Kyle Samani discussed the possibility of continued fundraising for the treasury while participating in ThreadGuy's podcast. Kyle Samani stated, "I've done so much work, not just to raise $1.65 billion and then stop. My vision is much bigger."

ChainCatcher news, encrypted KOL 0xDesigner posted on platform X that he had a heated argument with Multicoin managing partner Kyle Samani, who almost resorted to physical violence.In response, Sonic Labs co-founder Andre Cronje stated: "The first and only time I presented a product to a VC was to Kyle Samani. After the call, he thought I would not become a great builder and should stop trying to be a founder. The words were heartbreaking, and it took me some time to recover. But now I have succeeded, and the code I wrote plays a significant role in five unicorn projects, so there’s no need to pay too much attention to Kyle Samani; just focus on building cool things."