2304, 2026
Naval’s USVC Opens Private AI to Retail — and Quietly Tests the Tokenization Thesis
The AngelList co-founder who seeded the ICO model is now chairing a $500-minimum SEC-registered fund holding xAI, OpenAI and Anthropic. The timing — one day after Robinhood's venture fund bought $75M of OpenAI — is not an accident.
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