In this new role, Lapidus will help CoinFund continue to expand its global reach and expertise by tapping into his deep knowledge and network of crypto founders and protocols, while driving on-the-ground engagement for CoinFund throughout Asia-Pacific.

Lapidus will join CoinFund’s Liquid Investment team led by Managing Partner Seth Ginns as the firm furthers its mission to champion the leaders of the new internet.

He will also advise portfolio companies as they navigate local market entry. This appointment further underscores the position of CoinFund’s investment team at the convergence of traditional finance and crypto-native experience, led by founder-friendly investors and technologists.

He boasts over ten years of experience in investment and residing within the Asia-Pacific (APAC) region, with a significant presence in Hong Kong and Singapore.

His conventional career in equities encompasses various roles, including investing in emerging markets while working as an investor at Prince Street Capital Management. He has also served as an investment analyst specialising in Asian equities for renowned firms like Old Mutual Global Investors and BlackRock.

Most recently, Lapidus held the position of investment partner at Dragonfly Capital, a firm with a focus on cryptocurrency investments. He holds a Bachelor of Science degree in Government and Economics from the London School of Economics and Political Science (LSE).

Seth Ginns, Managing Partner and Head of Liquid Investments, said: “We’re thrilled to welcome Dmitry to CoinFund, as he offers a wealth of knowledge combined with the power of an extensive network to inform our approach to crypto investments.

As crypto markets and our portfolio companies increasingly look to Asia-Pacific as a center for opportunity and growth, we are proud to continue to raise the bar for our global investment practice. We’re eager to learn from his on-the-ground insights.” 

Speaking on his appointment, Dmitry said, “I am excited by the opportunity to work alongside such a strong team of investors, builders and operators to strengthen CoinFund’s Asia presence.

“CoinFund’s institutional grade operations, paired with their impressive portfolio and an entrepreneurial, non-consensus culture made joining the team an easy choice.” 

Dmitry’s appointment comes after the recent announcement of the close of $158M Seed Fund IV. Backed by a combination of sophisticated institutional investors, family offices, and high net worth individuals, CoinFund Seed IV LP exceeded its initial target fundraising goal of $125M.