{"id":49644,"date":"2022-05-11T02:19:12","date_gmt":"2022-05-11T06:19:12","guid":{"rendered":"https:\/\/euvolution.com\/open-source-convergence\/uncategorized\/a-cryptocurrency-investment-fund-has-launched-in-the-triangle-axios.php"},"modified":"2022-05-11T02:19:12","modified_gmt":"2022-05-11T06:19:12","slug":"a-cryptocurrency-investment-fund-has-launched-in-the-triangle-axios","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/a-cryptocurrency-investment-fund-has-launched-in-the-triangle-axios.php","title":{"rendered":"A cryptocurrency investment fund has launched in the Triangle &#8211; Axios"},"content":{"rendered":"<p><p>Bloomberg \/ Contributor\/ Getty Images.<\/p>\n<p>Durham entrepreneur Ryan Bethencourt, CEO of the plant-based dog food company Wild Earth, has launched a new investment fund focused on \"Web3\" startups in the Triangle.<\/p>\n<p>Why it matters: Bethencourt believes the Triangle could birth several companies in the cryptocurrency or NFT space in the next two years. <\/p>\n<p>Details: Bethencourt has a long history of launching investment funds, like Sustainable Food Ventures. He will be Layer One's partner, navigating what investments the fund makes. <\/p>\n<p>Yes, but: The fund is launching at a trying time for cryptocurrencies. Much like the stock market, crypto prices have declined this year, with Bitcoin notably falling more than 50% from its high in November 2021. <\/p>\n<\/p>\n<p>Support local journalism by becoming a member.<\/p>\n<p>Learn more<\/p>\n<p>No stories could be found<\/p>\n<p>Get a free daily digest of the most important news in your backyard with Axios Raleigh.<\/p>\n<\/p>\n<p>Support local journalism by becoming a member.<\/p>\n<p>Learn more<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Link:<br \/>\n<a target=\"_blank\" href=\"https:\/\/www.axios.com\/local\/raleigh\/2022\/05\/10\/cryptocurrency-investment-fund-launches-triangle\" title=\"A cryptocurrency investment fund has launched in the Triangle - Axios\" rel=\"noopener\">A cryptocurrency investment fund has launched in the Triangle - Axios<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Bloomberg \/ Contributor\/ Getty Images. Durham entrepreneur Ryan Bethencourt, CEO of the plant-based dog food company Wild Earth, has launched a new investment fund focused on \"Web3\" startups in the Triangle. Why it matters: Bethencourt believes the Triangle could birth several companies in the cryptocurrency or NFT space in the next two years<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-49644","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/49644"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=49644"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/49644\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=49644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=49644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=49644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}