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Seeing Kraken's parent company, Payward, acquire Reap for $600 million, I'm quite impressed. They have foresight and money!
@krakenfx
@Payward These past few years, I've grown tired of the drama of high valuations, rushing to IPOs, and quick cash-outs. Many Web3 companies struggle to even pay salaries and rent, while Reap quietly transformed stablecoins into usable cash, providing a seamless payment solution.
During the coldest part of the 2022 bear market, HashKey Capital (@HashKey_Capital) invested in Reap early on, supporting the team in building the most difficult infrastructure. Four years later, they exited gracefully through Kraken's strategic acquisition, without harming a single retail investor.
That's what it means to "be a friend of time and invest in real value."
Web3 isn't just about memes; there are people quietly doing real work. Kudos to all the builders and the VCs who supported them!

HashKey Capital
@HashKey_Capital
05-12
Thrilled to see our portfolio company @reapglobal join the @Payward / @krakenfx family.
Proud to have backed Reap since the early days as they build the future of stablecoin-powered global payments.
Congratulations to the entire team on this milestone! 🚀 x.com/reapglobal/sta…
crypto's future at stake 🔒
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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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