CoinFund Spins Out Liquidity Strategy Business into Independent Company to Focus on Venture Capital

CoinFund has announced the spin-off of its liquidity strategy business into an independent company. This move marks a strategic shift for the firm as it refocuses on venture capital. The new entity will be led by Seth Ginns and Chris Perkins, who will step down from their roles at CoinFund.

The venture capital platform at CoinFund will continue to be managed by Jake Brukhman, Alex Felix, and David Pakman. The firm's strategy includes a focus on seed funds and VC fund strategies. This decision aligns with a broader trend among crypto firms to specialize and streamline operations.

At the same time, other market players are making significant financial moves. CVR Energy announced a $75 million prepayment on its term loan and outlined its capital spending plans for FY 2026. This has led to a pre-market stock price increase.

Why the Move Happened

CoinFund's decision to spin off its liquidity strategy business reflects a growing trend in the crypto space. Firms are increasingly choosing to specialize, allowing them to better focus on their core competencies. This shift could lead to more innovation and efficiency in the venture capital segment of the industry.

Seth Ginns and Chris Perkins stepping down from their operational roles signals a transition period. The new company will operate independently, allowing it to pursue different strategies and potentially attract new investors.

How Markets Responded

CVR Energy's announcement was met with a positive response in the pre-market. The company's actions to reduce debt and outline clear capital plans have improved investor sentiment. This highlights the importance of transparency in financial planning.

Meanwhile, other firms are also making strategic moves. Agree Realty announced its 2026 investment outlook, projecting capital deployment between $1.25 billion and $1.5 billion. The company also secured a $350 million term loan, providing further financial stability.

What Analysts Are Watching

Analysts are closely watching how the spin-off will impact CoinFund's venture capital operations. The firm's ability to attract new investors and maintain its focus will be key. Some see this as an opportunity to strengthen the firm's position in the venture capital space.

The broader market is also monitoring other developments. Knight FinTech recently secured $23.6 million in Series A funding, led by Accel. This investment will help expand the firm's AI-driven risk and lending platforms in the Middle East and Asia-Pacific.

In the Indian market, HDFC AMC is entering the private credit segment with a new fund. The initiative, which includes an anchor investment from IFC, highlights the growing interest in alternative asset classes.

The political and economic landscape also remains under scrutiny. A proposed 5% assets tax in California has sparked debate among crypto billionaires. While some threaten to leave, historical data suggests such exoduses are rare.

Investor sentiment in India has also shown mixed signals. FPIs have pulled out ₹7,608 crore from Indian equities in early January. However, analysts believe the situation could improve with better domestic fundamentals.