Matthew Homer, a former executive deputy superintendent at the New York Department of Financial Services, embarks on an entrepreneurial journey, raising $5.1 million for a crypto-centric venture fund named Department of XYZ. The fund, supported by prominent industry figures like Robert Leshner and the Winklevoss twins, aims to provide critical regulatory guidance to portfolio companies, fostering innovation in the crypto space. Homer's transition from regulation to the investment realm reflects a proactive approach to merging regulatory insight with crypto venture capital.