CoinFund Appoints Dilveer Vahali as Head of Venture Legal to Drive Legal Deal Strategy

Luisa Crawford  Aug 01, 2023 01:00  UTC 17:00

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CoinFund, a leading web3 investment firm, has announced the appointment of experienced transactional attorney Dilveer Vahali as Head of Venture Legal on July 31, 2023. Vahali will be responsible for driving CoinFund's legal deal strategy and execution, and will serve as a resource to CoinFund's nearly 90 active web3 venture investments.

Dilveer Vahali brings a decade of experience in advising on M&A, venture capital investments, and other transactional law matters. He previously served as the General Manager and Lead Counsel at TCG Crypto, where he led deal execution, strategy, and operations. Before joining TCG, Vahali was a Partner at Kirkland & Ellis LLP, focusing on mergers & acquisitions, private equity, and corporate governance. He began his career as a financial analyst in Citigroup’s Corporate Mergers & Acquisitions group.

CoinFund, co-founded in 2015 by Jake Brukhman and Alex Felix, is one of the world's first cryptonative investment firms. The firm recently closed a $158M Seed IV Fund in July 2023, following a $320M early-stage web3 venture fund CoinFund Ventures I in August 2022, and an $83 million seed stage fund Seed III announced in July 2021.

In the past two months, CoinFund has announced investments in various technology platforms, including Cloudburst Technologies, Gensyn, Giza, Neutron, and Superstate. The appointment of Vahali signifies the continued growth and sophistication of CoinFund as an organization.

David Pakman, Managing Partner and Head of Venture Investments at CoinFund, said, "As CoinFund enters its 9th year, Dilveer's appointment signifies the continued maturation and sophistication of CoinFund as an organization. In a complex and novel legal environment, Dilveer’s cryptonative expertise and experience will be invaluable to drive deal execution."

Dilveer Vahali expressed his excitement about joining CoinFund, stating, "I look forward to supporting our investment strategy working closely with Stewart, David, Jake, Alex, and the rest of the investment team, and lending my expertise to support CoinFund's mission to champion the leaders of the new internet."

Stewart Eichner, General Counsel and Chief Compliance Officer of CoinFund, emphasized that Vahali's skills and experience would benefit both investors and portfolio companies.

This appointment comes at a critical time for CoinFund, reflecting the industry's maturation and the need for seasoned professionals to provide effective advice in the rapidly evolving crypto and web3 space.

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