---
type: entity
entity_type: person
name: Shayon Sengupta
domain: internet-finance
status: active
affiliation: Multicoin Capital
role: Investment Partner
---

# Shayon Sengupta

**Role:** Investment Partner at Multicoin Capital Management LLC  
**Domain:** [[domains/internet-finance/_map|Internet Finance]]

## Overview

Shayon Sengupta is an Investment Partner at Multicoin Capital, a registered investment adviser managing private fund clients. He focuses on crypto infrastructure investments, particularly in capital formation, DeFi, and emerging market applications.

## Investment Thesis

Sengupta has written extensively on:
- Fiat onramp infrastructure as a structural bottleneck for crypto adoption
- Programmable Equity and Internet Labor Markets
- Token-based capital formation as alternative to traditional venture funding
- MetaDAO's futarchy-governed ICO model as credible path for decentralized launches

## Key Investments

- [[p2p-me]] — Peer-to-peer fiat onramp protocol using zkTLS proofs

## Related

- [[multicoin-capital]]
- [[metadao]]
- [[fiat-onramp-conversion-rates-are-under-10-percent-creating-structural-bottleneck-for-crypto-adoption]]

## Timeline

- **2024-Q4** — Led Multicoin's investment in p2p.me, published investment thesis on fiat onramp problem
- **2026-03** — Published analysis on token-based coordination and MetaDAO launch model