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Kyle Samani, co-founder of Multicoin Capital, is stepping back from his role at the crypto venture firm to explore artificial intelligence and robotics. Although he will no longer be involved full-time in crypto VC, he plans to continue personal investments in crypto, support Multicoin's portfolio companies, and maintain roles within the Solana ecosystem.

This transition follows nearly a decade in crypto, during which Multicoin became a prominent firm in the industry. Samani is optimistic about regulatory clarity for crypto, believing it will spur adoption.