Gate News Report: On March 24, Multicoin Capital announced that Spencer Applebaum and Shayon Sengupta have been promoted to partners and will jointly serve as heads of Multicoin Capital's venture capital business. Over the past few years, both have taken on increased responsibilities across various levels of the business. Not only have they continued to identify, initiate, and lead investment projects at higher frequencies, but they have also gradually assumed greater leadership roles in Multicoin's strategy, operations, and long-term development direction. Both Spencer and Shayon joined the fund in its early stages, having served at the company for over 8 years and 5 years respectively.

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