ConsenSys exec joins CoinFund to assist early-stage blockchain firms

Vanessa Grellet, a five-year veteran of Ethereum software program firm ConsenSys, can be becoming a member of crypto funding group CoinFund as its new head of portfolio development.

In an announcement from CoinFund on Thursday, the funding group said Grellet can be accountable for guiding its portfolio of greater than 50 firms and tasks. The new head of portfolio development can be aiming to “bridge the gap between the worlds of traditional companies and decentralized networks” by forming alliances between blockchain tasks and protocols.

“My team will serve as partners who support and guide founders and their teams during their journeys from early-stage to growth-at-scale,” said Grellet. “The firm’s investment in our Portfolio Growth team […] demonstrates our dedication to meeting the needs of early-stage companies as well as our long-term commitment to the blockchain industry.”

CoinFund has invested in lots of standard tasks within the crypto house. In September 2020, the agency backed nonfungible token-based digital art marketplace Rarible, after which its governance token doubled in value. The funding group was additionally behind funding for Delta Exchange’s expansion into Indian markets in May 2020.

A monetary analyst and lawyer, Grellet beforehand labored as a company technique govt on the New York Stock Exchange. She presently sits on the boards of the Arts and Antiquities Blockchain Consortium and the Accounting Blockchain Coalition and is the president of the Blockchain for Social Impact Coalition.