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Former Aptos Leaders Launch $50 Million Crypto Fund Maximum Frequency Ventures

The operator-led firm pitches an incubator model in a cooling crypto venture market.

Overview

  • Mo Shaikh unveiled Maximum Frequency Ventures with cofounders Neil Harounian, Alexandre Tang, and Jerome Ong, all formerly of Aptos Labs.
  • MFV has raised $50 million and has already deployed $5 million into six early-stage startups that have not yet been publicly disclosed.
  • Limited partners include family offices in the U.S., East Asia, and Southeast Asia, and the four partners have invested their own money.
  • The firm plans a hands-on approach that embeds with founders, including programs such as a residency and a 12-week sprint.
  • MFV is targeting web3 infrastructure, consumer crypto, and AI-native networks with a strong emphasis on Asia, set against PitchBook data showing a 55% drop in crypto venture funding from Q1 to Q2 2025.