Odaily Planet Daily reports that Jake Paul announced on X that the venture capital fund he co-founded with Geoffrey Woo, Anti Fund, currently manages over $65 million in assets. The fund has transitioned from an initial rolling fund to an institutionalized company and has successfully secured investments from well-known projects such as OpenAI, Anduril, Polymarket, and Ramp.
Jake Paul stated that he has become the first celebrity to reach an licensing agreement with OpenAI’s text generation video platform Sora, granting permission to use his name, image, and portrait rights. Anti Fund partner Steve Han said that the fund leverages its social media marketing and distribution capabilities to support tech startups. Previously, Jake Paul settled with the U.S. Securities and Exchange Commission (SEC) over allegations of illegal promotion of a crypto scheme. (fortune)
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