Craig Burel

General Partner at Reciprocal Ventures (@Recvcx) | Opinions are my own; not investment advice

[*Walter Bloomberg @DeItaone]

$NVDA - *JENSEN HUANG SAID TO HAVE HAD AFFAIR WITH NVIDIA EXECUTIVE: NYT

[Craig Burel @CraigBurel]

Crazy that this will be my 6th Breakpoint

No matter what's going on in the markets, I always leave the event energized and inspired about the future of the Solana ecosystem.

The Reciprocal team will be there in full force, and we are actively deploying capital, especially at the earliest stages (pre-seed/seed).

If you're building something new or want to chat, hit us up! @jimbo_evans @0xTraderSam

☀️🏄‍♂️

[Craig Burel @CraigBurel]

@brimigs 👋🏻

[Craig Burel @CraigBurel]

@AmosMeiri @kotevcode @AntSeed 🐜🐜🐜

[Amos Meiri 🐜 @AmosMeiri]

We are building the largest inference liquidity layer in the world.

$ANTS are a unit of decentralized liquid inference. @AntSeed

[Craig Burel @CraigBurel]

@bricexeth Totally agree

[Craig Burel @CraigBurel]

This is huge. Finally, a privacy solution without the compromises.

The lack of privacy on blockchains has slowed adoption in payments and capital markets. Because balances, counterparties, and transaction history are public, institutions can't risk exposing client information by transacting directly on-chain.

Solana Privacy Rings will provide on-chain privacy while maintaining the compliance controls and reporting to meet regulatory requirements.

It accomplishes this while maintaining access to Solana's public liquidity, composability, and sub-second settlement.

Disc: Reciprocal holds SOL and is an investor in Helius

[Helius @Helius]

Today, Solana changes forever

Introducing Solana Privacy Rings - encryption at the speed of Solana

Rings are programmable, onchain environments for encrypting money, markets, and finance - without ever leaving Solana

Now live on mainnet.

[Antseed @AntSeed]

🐜 We’re tired of announcing every new model.

That’s what happens when you have an open network: a model drops, and a provider is already serving it.

So yes, Fable 5.2 is available on Antseed.

[Craig Burel @CraigBurel]

A wild new securities venue appears!

-Hold tokenized securities in your own wallet
-24/7 trading on-chain
-Trades settle in a single onchain txn (v cool)
-Tokenized shares maintain voting and dividend rights

Great to see so many ecosystem companies collaborate to make this happen.

[Formation @formation_so]

Formation Securities notified @SECgov today that it intends to operate the first tokenized securities venue on @solana, seeking issuer consent for listings.

Trading is expected to begin in early 2027, with tokenized $EXOD, $FWDI and $GLXY at launch.

[Craig Burel @CraigBurel]

@mdudas so we're at the 'dunking on founders who only return 11x to investors' part of the cycle.

[Craig Burel @CraigBurel]

@defi_monk 💯

[Craig Burel @CraigBurel]

@ElectraOnSol lolz officially cooked

[Craig Burel @CraigBurel]

I think my Eight Sleep was exploited in an attempt to bbq me in my sleep last night.

[Craig Burel @CraigBurel]

@jeovanafiuk 🤣

[mert @mert]

I am hiring a Head of Security at @Helius

you will be helping secure the most used infrastructure in all of Solana as well as multiple business lines

extremely high autonomy, stress, and rewards

best way to apply: find an intro to me

second best, apply below

[CRSHMARKET @crshmarket]

Introducing Rip It Packs! 🃏

You can now rip Pokémon, One Piece, and baseball card packs between streams. Trade your cards, vault them, or have them shipped straight to your door.

Some insane pulls have already been made 👀
Coming soon: live card-ripping streams. 🔥

[Craig Burel @CraigBurel]

@mert most superior potassium

[Craig Burel @CraigBurel]

This is what alignment looks like.

-No Equity
-Exec/Team upside tied to KMNO
-Investors hold same token as the community
-All revenue & IP owned by the foundation

Disc: Reciprocal is an investor in Kamino, holds KMNO, and may buy or sell at anytime. Nfa

[Michael Weisz @WeiszM]

Today, I’m sharing my first letter to the KMNO community as CEO

Since joining @kamino , I’ve been asked a version of the same question by longtime KMNO holders and people getting to know us for the first time. As Kamino grows, where does the value we create go?

It’s a fair question, particularly as we work to bring Kamino into banks, brokerages and wallets, through which our goal is to allow millions of people to earn on their capital or borrow against assets they already own.

The answer starts with how Kamino was built. The Kamino Foundation owns the intellectual property and receives all revenue, including revenue from institutional partnerships. KMNO is the only token. The founders, our investors, the team and I have our upside tied to the same token our community holds. None of us has a separate equity allocation.

What we do with the revenue matters, too. We’re committing at least $20 million over the next two years to expand the assets people can use on Kamino, and bring Kamino's credit and liquidity infrastructure to more of the platforms consumers already use today.

I wrote my first letter to KMNO holders to put those decisions on the record. I also share why I chose to make most of my own KMNO allocation vest only when it reaches and sustains a series of valuation milestones.

One Kamino. One KMNO.

[Craig Burel @CraigBurel]

@JasonYanowitz @blockworksDAS Reciprocal mentioned

[Craig Burel @CraigBurel]

Ants lead the way 🐜

(Reciprocal is an investor)

[Antseed @AntSeed]

The network just hit a new ATH of daily tokens and USD volume!

→ 23.6B daily tokens, 124B last week!

→ $2.9K daily USD volume, $17.1K last week!

https://t.co/fhnLi6BR0l