"The winners in digital asset VC will be generalist people who know where the gaps are."
Nearly all crypto companies to reach late stage are financial services firms. There is no longer a meaningful difference between digital assets and financial services firms.
[@MTanguma]
Onramp
@OnrampBitcoin
Tether owns more gold than most countries.
They just invested $100M into Anchorage and $150M into a gold company, while bootstrapping their US-compliant stablecoin.
And their reserve profile is shifting from Treasuries to hard assets. They're quietly building a sovereign.
The
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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