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Great event last night with @gsr_io @krakenfx @privy_io @inkonchain and other friends. Crypto's best days are ahead of us!
As someone with a perpetual trade deficit with Trader Joe's - do I get to write off my groceries as LOSSes now?
Fantastic sitting with @JamesNewell for this discussion over token launches and project launches!
Today feels a bit like Christmas - you wake up hoping for all those cool gifts you asked for, but fully expecting you're about to get coal
Great folks behind the @CharterFnd, glad to be supporting this initiative!
We're proud to work with Ink Foundation and several law and audit firms to launch Charter Foundation to offer crypto founders a shared legal framework for token launches.
theblock.co/news/ecosystems/…
Max Tavner retweeted
GSR today announced the registration of two Cayman Islands entities under the Securities Investment Business Act (SIBA).
“Tokenized securities could become one of the largest trading opportunities our industry has seen,” said Xin Song, CEO of GSR.
gsr.io/insights/gsr-expands-…
Crazy seeing every Tech/AI/Chip earnings call end 15% above estimate, right next to a talking head declaring AI overblown
Good Mood Logic:
- BTC up to $80K: "Awesome, not homeless!"
- BTC down to $50K: "Awesome, buying opportunity!"
Strategy suggesting they'll fund dividend payments by selling their BTC reserve isn't exactly the most bullish of signals for the longevity of their business model
The SpaceX IPO is a real testcase for how accessible open markets fuels early price discovery - over $250m in trading this past day on Hyperliquid setting a price at $175/share. Going to be wild today
Max Tavner retweeted
It's a new era for perps in the U.S.
GSR is proud to provide liquidity to the first regulated perpetual futures products in U.S. history on Kalshi.
gsr.io/insights/gsr-provides…
Insightful analysis from @mikekatz29 on what the recent CFTC news actually brings, outside of the hype. Really great read!
1/ You probably saw the big news that the CFTC approved true US perps last Friday. CT went wild calling this a win for Hyperliquid and the offshore club.
But the crowd had it backwards. Friday was important, but it was more like a more boring coronation for the licensed incumbents who already spent the time and money getting regulatory approvals. The other venues with trillions in volume are left standing outside the CFTC approved process.
Boring wins (for now). I broke down the details and what comes next below. Special thanks to the princess of perps @kkirkbos for her razor sharp insights on this.