{"id":579921,"date":"2026-04-07T15:52:38","date_gmt":"2026-04-07T15:52:38","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/07\/split-capital-winds-down-as-founder-joins-stablecoin-startup-plasma\/"},"modified":"2026-04-07T15:52:38","modified_gmt":"2026-04-07T15:52:38","slug":"split-capital-winds-down-as-founder-joins-stablecoin-startup-plasma","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/07\/split-capital-winds-down-as-founder-joins-stablecoin-startup-plasma\/","title":{"rendered":"Split Capital winds down as founder joins stablecoin startup Plasma"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmU2YjgtNTRkNS03MzNiLWI5MmUtMGNkMWVhMTg5ODE0LmpwZw==.jpg\" alt=\"Split Capital winds down as founder joins stablecoin startup Plasma\" class=\"type:primaryImage\" \/><\/p>\n<p>Split Capital founder Zaheer Ebtikar is closing his crypto hedge fund after strong returns to join Plasma as chief strategy officer, citing a major industry shift.<\/p>\n<p>Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma.<\/p>\n<p>Ebtikar <a title=\"https:\/\/x.com\/SplitCapital\/status\/2041491129955172482\" href=\"https:\/\/x.com\/SplitCapital\/status\/2041491129955172482\" target=\"_blank\" rel=\"nofollow noopener\">announced<\/a> the news in an X post on Tuesday, saying Split Capital was profitable both in 2024 and 2025, and delivered over 100% in returns.<\/p>\n<p>\u201cWe were a top performing fund by every mark,\u201d Ebtikar claimed, adding that his decision to wind down the business was driven by a belief that the crypto market had shifted away from strategies that hedge funds are designed to capture.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/split-capital-wind-down-founder-plasma-stablecoin-startup\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Split Capital founder Zaheer Ebtikar is closing his crypto hedge fund after strong returns to join Plasma as chief strategy officer, citing a major industry shift. Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma. Ebtikar announced the news in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":579922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-579921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/579921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=579921"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/579921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/579922"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=579921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=579921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=579921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}