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Early Investor In Defunct Luna Token Plans to Raise Another Fund

  • Hashed lost some $3 billion worth of Luna tokens in crash
  • Investor Kim plans to increase investment in GameFi companies
Simon Seojoon Kim

Simon Seojoon Kim

Photographer: SeongJoon Cho/Bloomberg

Simon Seojoon Kim, South Korea’s most well-known cryptocurrency investor and an early backer of the ill-fated Luna token, said he hasn’t lost faith in the battered sector and plans to raise a third venture capital fund in the first half of next year. 

The head of VC firm Hashed is looking to step up investments in GameFi projects, which make blockchain-based video games allowing players to own assets within them, he said in an interview with Bloomberg News.