Multicoin co-founder Kyle Samani has transitioned to an advisory role, focusing on emerging technologies such as AI and robotics.

PANews reported on February 5th that Kyle Samani, co-founder of Multicoin, announced his departure from the company's day-to-day management to take on an advisory role, focusing instead on exploring emerging technologies such as artificial intelligence, longevity technologies, and robotics. He stated that while leaving was a complex decision, he remains confident in the crypto industry and Multicoin's future development, maintaining his positive outlook on cryptocurrencies, particularly Solana, and plans to continue personally investing in and supporting Multicoin's portfolio companies.

Kyle will continue to serve as a director of Zama and chairman of Forward Industries (@FWDind), and plans to increase his personal economic exposure in FWDI through a redemption request on March 31, 2026. Related documents are expected to be released in April 2026. The Multicoin team stated that the company's strategy remains unchanged, the team is operating stably, and Tushar and Brian have taken over Kyle's management responsibilities to continue driving the development of the crypto ecosystem.