According to Odaily, Multicoin, a cryptocurrency investment firm, has seen a significant increase in its assets under management (AUM). The company's co-founder, Kyle Samani, revealed that the firm's AUM has grown from a mere $2 million at its inception in 2017 to over $3 billion today.
This represents a substantial growth for the company in a relatively short period. The surge in AUM indicates the increasing trust and confidence investors have in Multicoin's investment strategies and management.
Samani's disclosure was made on an undisclosed platform. Further details about the company's growth strategy or future plans were not provided in his announcement.