Alex Witt, founding partner of Verda Ventures, a venture capital firm focused on stablecoin infrastructure, announced that he and his partner Amit will join Tether, the world's largest stablecoin issuer. Tether was previously a limited partner (LP) at Verda Ventures. With their joining Tether, Verda Ventures, after three years of operation, will enter a return-on-investment phase, ceasing investments in new companies to avoid potential conflicts of interest. However, it will continue to manage and support its existing portfolio of 28 companies and selectively participate in subsequent funding rounds. https://www.(wublock123.com)/news/verda-ventures-partner-joins-tether-fund-enters-exit-phase-70902