Federal Reserve Chair Nominee Powell Invested in Crypto Infrastructure Projects via Investment Vehicle, Including Compound, Solana

BlockBeats News, April 14th. Cryptocurrency journalist Eleanor Terrett reported that Federal Reserve Chair nominee Powell's financial disclosure revealed that he holds early-stage investments through employment-related investment tools, covering a wide range of investments, including some in cryptocurrency infrastructure projects.

The projects involved include: Compound (decentralized lending protocol), Optimism and Blast (Ethereum Layer 2 networks), as well as Solana. In addition, it includes transaction infrastructure, cryptocurrency investment firms, and platforms in various fields such as artificial intelligence, biotechnology, among others.

These positions appear to be relatively small in scale, illiquid, and have not generated reportable income, indicating a preference for indirect venture capital-like exposure rather than direct, tradable liquid assets.