Vitalik Buterin, the high-profile co-founder of Ethereum, has quietly left China-based investment firm Fenbushi Capital, TechCrunch understands.
Fenbushi was founded in 2015 and its $50 million fund was one of the first to actively put capital into blockchain companies through seed investments and participation in ICOs. As one of the most visible funds, it picked up stakes in dozens of firms no doubt helped by its connection to Buterin, who is synonymous with Ethereum.
Buterin was never full-time as he juggled the role with his work for the Ethereum Foundation. He is still listed as a partner on the firm’s website, but he confirmed to TechCrunch that he is no longer involved full-time. He will, however, retain a role as an advisor.
Fenbushi did not respond to a request for comment.