michael anderson

 

 

Framework Ventures, a "network capital" fund focused on decentralized finance, is co-founded by Michael Anderson. He got his start in crypto while working for Silicon Valley tech firms like Dropbox and Snap.

 

He co-founded Hashletes with his colleague Vance Spencer, a company that creates NFL trading cards using nonfungible currencies. The couple sold the company in July 2019 and founded Framework Ventures shortly after.

 

Framework made numerous hugely profitable investments soon after it was founded, including Chainlink and Synthetix. As part of its "network capital" ideology, the fund's spin-off, Framework Labs, focuses on actively supporting the networks it invests in and developing in-house projects.

 

Framework Ventures became a significant trendsetter and participant in Defi under Anderson and Spencer's leadership. he keeps a careful eye on the market, predicting key themes for 2020, such as yield farming and Ethereum's continued supremacy in Defi.

 

His portfolio firms are on track to mainstream Defi and break the boundary between the virtual and real worlds, just as he envisions. He is one of the few people in Defi who talks about the technology's practical applications, and Framework's support for infrastructure initiatives like Chainlink, The Graph, and Synthetix — the latter being a pioneer in scaling technology — demonstrates this vision. It's unclear whether the results of this labor will be seen in 2021, but He and his venture fund will undoubtedly back the space in its quest.