Crypto And Fintech Vets Form AI, Biotech-Focused Oak Grove Ventures Amid VC Drought

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Alumni from several crypto and fintech companies launched Singapore-based Oak Grove Ventures, a $60 million fund that focuses on the intersection of biotech, Web3 and artificial intelligence (AI). Among those involved are Sally Wang, formerly of Sino Global Capital (now Ryze Labs); Ethan Wang, former tech lead of Libra; Shawn Shi, co-founder of Alchemy Pay (CRYPTO: ACH); and Michael Li, a former VP of Coinbase (NASDAQ: COIN). Read More: Visa, PayPal Join Roster As Blockchain Capital Bags $580M For Crypto Ventures Oak Grove previously operated as a family office with a track record of supportin…

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