gumi Cryptos Capital appoints new partner for Asia expansion

For Immediate Release

Singapore, April 29, 2024 — gumi Cryptos Capital, a pioneering Silicon Valley venture capital firm specializing in the Web3 space, is thrilled to announce the appointment of Evans Huangfu as a new Partner, effective April 2024. Based in Singapore, Evans will lead the firm’s Asia efforts and portfolio strategy, significantly bolstering its presence and operations across the region.

Evans Huangfu brings a wealth of experience and a proven track record in the Web3 and venture capital landscape. Prior to joining gumi Cryptos Capital, he served as the Partner & CIO at Arcane Group, where he managed a $200 million multi-stage Web3 fund and invested heavily into Asian founders. His strategic investments included major industry players like Animoca Brands, Xterio, Fusionist, Particle Network and Pyth Network, focusing on consumer crypto infrastructure and decentralized applications.

Before his tenure at Arcane Group, Evans was the Head of Huobi Ventures, where he led Web3.0 investments and incubation, achieving an impressive portfolio return and strengthening Huobi’s position in the market. His expertise spans across key areas such as blockchain infrastructure, Digital Entertainment, Multi-chain ecosystem, and middleware applications in the Asian-Pacific region .

“We are excited to welcome Evans Huangfu to our team,” said Rui Zhang, Managing Partner at gumi Cryptos Capital. “His extensive experience and deep insights into the Web3 ecosystem will be invaluable as we continue to expand our investment footprint across Asia. Evans’s leadership will undoubtedly enhance our strategic direction and help us identify groundbreaking opportunities in the evolving digital landscape.”

Evans Huangfu commented on his new role, “I am thrilled to join gumi Cryptos Capital and look forward to driving our strategic initiatives including market expansion, deal sourcing & relationship building in Asia. This region holds tremendous potential for blockchain and Web3 developments, and I am eager to leverage my experience and network to foster the growth and innovation of gCC investment ecosystem.”

With his strategic acumen and extensive network, Evans is well-positioned to lead gumi Cryptos Capital’s expansion in Asia, focusing on high-growth opportunities in the Web3 sector that align with the firm’s vision of pioneering the development of the digital economy.

About gumi Cryptos Capital

gumi Cryptos Capital (gCC) is a Silcon Valley, builder-centric, long time preference, high conviction,  early-stage crypto-native venture capital firm. gCC deployed its $21M fund I into the “crypto winter” of 2018 to back founders at the earliest stages such as OpenSea, Yield Guild Gaming, 1inch Network, Agoric, LIT protocol and Astar. On the strength of fund I gCC raised a $110M fund II and continues to back world-class founders and entrepreneurs who are building the foundational layers of web3 or who use blockchain technology to gain significant competitive advantage.

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Media Contact:

Name: Miko Matsumura

Title: Managing Partner



Information is provided for general educational purposes only. This presentation is not an offer to sell securities or a solicitation of offers to buy securities. Nothing contained herein constitutes investment or other advice nor is it to be relied on in making an investment decision. For more important information, please see disclaimer

Author: Miko Matsumura