Kyle Samani Departs Multicoin, Remains Confident in Solana

Crypto News Business

Kyle Samani Leaves Multicoin, Still Bullish on Solana’s Future

Written by Aaron S.,

Editor-In-Chief

Last Updated: February 05, 2026

Key Takeaways

Kyle Samani is stepping down as Multicoin Capital’s managing partner after 10 years to focus on AI and robotics;
Samani says he still believes crypto will reshape global finance and remains optimistic about Solana’s future;
His exit contrasts with a past post doubting crypto’s appeal, though he plans to keep supporting Multicoin’s portfolio firms.

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Kyle Samani Leaves Multicoin, Still Bullish on Solana’s Future

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Kyle Samani, one of the founders of Multicoin Capital, has announced that he will step down as managing partner after ten years in the cryptocurrency field.

In a post on X shared on February 4, Samani described the decision as a “bittersweet moment".

He said he plans to take a break and focus on new areas of technology, and mentioned artificial intelligence (AI) and robotics as his next interests.

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Samani said he still believes in crypto’s potential to reshape finance. He noted, “I am more confident than ever that crypto is going to fundamentally rewire the circuitry of finance".

He also pointed to the Clarity Act, which could open the door to more companies entering the industry and encourage greater adoption.

Samani remains optimistic about Solana SOL $80.44 and plans to continue investing in crypto personally and to support companies in Multicoin’s portfolio.

However, his statement has drawn attention because it differs from an earlier post he reportedly deleted. He wrote: “I once believed in the web3 vision. dApps. I don’t anymore. Crypto is just fundamentally not as interesting as many crypto enthusiasts wanted. Myself included".

In a joint note with Multicoin’s other co-founder, Tushar Jain, Multicoin stated that Samani will explore different technologies, such as AI, robotics, and longevity research.

Meanwhile, Entropy, a blockchain company, recently announced plans to shut down and return the remaining funds to supporters. What happened? Read the full story.