Bankless Co-founder Converts Ethereum Holdings Into VVV, NEAR, ZEC, HYPE, and LIT

David Hoffman, co-founder of Bankless, has confirmed that he fully exited his Ethereum position and immediately redirected the proceeds into a new set of crypto assets.

He stated that roughly half of the funds were distributed across VVV, NEAR Protocol, Zcash, and HYPE, while the remaining portion was allocated to LIT.

The decision aligns with his earlier perspective that Ethereum’s valuation already reflects its current level of performance, and that he does not anticipate a significant structural revaluation of ETH in the future.

Source: David Hoffman