Odaily Planet Daily News Variant Fund co-founder Li Jin announced on X that "I will transition from a general partner at Variant to an advisor. I will continue to collaborate with portfolio companies and provide advice to the team, but will no longer be involved in investments and daily company management. This change allows me the time and space to explore other interests that align with my mission, such as broader education, innovation, and technology; as well as pursue more creative projects. I remain very optimistic that cryptocurrency can become the foundation of the internet, democratizing ownership for users, and believe in Variant's role in shaping the future."