Niraj Pant, former Polychain employee, is now co-founder of Ritual

Odaily News Public information shows that Niraj Pant, a former employee of crypto venture capital giant Polychain, is now a co-founder of the distributed AI computing platform Ritual. In April this year, Ritual announced that it had received millions of dollars in investment from Polychain Capital. In November 2023, Ritual announced the completion of a $25 million financing, led by Archetype, with participation from Accomplice and Robot Ventures. Earlier news, Polychain discovered that former employee Niraj Pant had behind-the-scenes transactions with its portfolio project Eclipse during his tenure, and the two parties had an illegal financial relationship, and Polychain is investigating him.