Multicoin Capital has announced the promotion of Spencer Applebaum and Shayon Sengupta to General Partners. The duo will now jointly lead the firm's venture capital operations. Both Applebaum and Sengupta have played pivotal roles in shaping Multicoin's strategy and operations, demonstrating leadership in investment initiatives. Applebaum has been with Multicoin for over eight years, while Sengupta joined more than five years ago, contributing significantly to the firm's growth and direction.