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Mo Shaikh Launches $50 Million Maximum Frequency Ventures for Crypto and AI

The operator-led firm promises hands-on incubation for early-stage crypto founders in Asia.

Overview

  • Former Aptos executives Neil Harounian, Alexandre Tang, and Jerome Ong joined Shaikh as cofounders of Maximum Frequency Ventures.
  • MFV has deployed $5 million across six early-stage startups, with founders located in Texas, Abu Dhabi, and South Korea.
  • The fund targets web3 infrastructure, consumer crypto, and AI-native networks with a deliberate emphasis on Asia.
  • Limited partners are undisclosed family offices in the U.S., East Asia, and Southeast Asia, alongside capital from the four cofounders.
  • MFV offers accelerator-style support including a founder residency and a 12-week sprint, positioning against a 55% quarter-over-quarter drop in crypto VC deal value reported by PitchBook.