Sukesh Tedla

Founder & CEO @KryptosConnect – building the open standard for Web3 Finance. Co-Founder @HelloTelos | 🇮🇳🇸🇪 | Web3 Maxi 🤷🏽

[Sukesh Tedla @sukeshtedla]

When we started Kryptos, our vision was bigger than just building the best tax and portfolio tracking solutions for crypto users.

We wanted to build the financial infrastructure that powers new fintech use-cases using digital assets. Imagine Plaid but for Web3.

Today, with @FyniAI we are taking the first steps in envisioning the future of an Interconnected Financial Network powered by @KryptosConnect where the data is standardized and secure, unlocking 1000s of use-cases.

More exciting updates to come! Stay Tuned!

[Kryptos @KryptosConnect]

Our Fyni AI agent uses the Kryptos technology.

This marks the first step in positioning Kryptos as the financial infrastructure layer that powers apps across crypto portfolio tracking, taxes, enterprise accounting, and even AI agents like Fyni.

[CoinMarketCap @CoinMarketCap]

🎙 Why do some projects escape the crypto bubble while others stall out with better tech?

🔥 We're getting into it today with builders who've done it. Don't miss this one.

🗓 July 3rd, Friday
🕒 2:00pm UTC (10:00am EST)

(CMC Labs: Partnership)

[Sukesh Tedla @sukeshtedla]

@nikitabier Does this work with riverside?

[Kryptos @KryptosConnect]

Mark your calendars 📅 , our CEO @sukeshtedla will be joining @wenaltseason this Friday!

[Wenaltseason? @wenaltseason]

Everyone talks about charts.

Few talk about what actually gets people to use blockchain products.

Beyond the Chart: How Blockchain Builders Reach Mainstream Audiences

We'll dive into why some projects escape the crypto bubble while others never do, what separates hype from real adoption, and why distribution can matter more than technology.

Featuring speakers from @CMClabsofficial, @KryptosConnect, @OptimaiNetwork, @RhunaIO, and @Canza_Finance, with a few more guests to be announced

🗓 July 3 | 2 PM UTC | 10 AM ET

[Telos @HelloTelos]

The instant finality upgrade will put Telos back on top and position it to become the highest-performing privacy-enabled network in the industry, with the speed and scale to power ultra-responsive real-world markets - from prediction markets to tokenized stocks and perps.

[Sukesh Tedla @sukeshtedla]

This is massive

[Privy @privy_io]

1/ Privy devs can now issue cards to spend directly from their connected DeFi vaults.

Traditional banking makes you choose between checking and savings accounts. Earn or spend, but not both.

Working with Stripe, your Privy balance earns yield until the moment you tap to pay.

[Sukesh Tedla @sukeshtedla]

Did my part of buying $1 of solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump to support the cause @blknoiz06 😂

https://t.co/f9qaBZYLxx

Let’s flip the solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn now!

[Sukesh Tedla @sukeshtedla]

@star_okx Can we get your APIs to be better at providing historical data?

I always loved the OKX brand and UI/UX.

If you fix this, we can help you with DAC8 and CARF compliance too - securing one more compliance need.

[Sukesh Tedla @sukeshtedla]

I corrected it for you-

“Polymarket is the most valuable betting platform ever founded in NYC” 😉

[1confirmation @1confirmation]

Polymarket is the most valuable consumer tech startup ever founded in NYC

[Sukesh Tedla @sukeshtedla]

@sridharfyi $

[Haseeb ＞|＜ @hosseeb]

People often ask what makes Silicon Valley culture so special and hard to replicate.

It's not the talent or the capital. There are many places with both.

The secret sauce of Silicon Valley is that it doesn't punish failure. This is rare to the point of being basically unique.

Failure is already its own punishment. Spending years of your life trying to build something that goes nowhere is a deep and unforgiving grief. The time, the energy, the money, the opportunity cost, it's impossible to erase that.

But what SV startup culture strips away is that second layer of punishment: the shame that society stacks on top. The whispers at the next party, that you've embarrassed yourself, that you should have known better. In SV, there's no shame in winding down a startup, it's the mark of having entered the arena and taken a swing.

But then there's stuff like this. This is how it works almost everywhere else in the world. This founder failed, therefore the salary he paid himself is a disgrace (if he did OK, no one would ever bring it up).

Silicon Valley VCs would never post anything like this about a wound down startup. No mention of the founder's background either: Was $200K a paycut for them? Do they live in NYC/SF where $200K is ~$100K take-home? Do they have kids, a mortgage? And come on, no seed-stage company is running out of money because the founder is paying themselves $200K~, seed rounds are in the millions. $200K/yr is like a single engineer's salary. Yeah $200K is on the high side, but really? If you think this founder embezzled from the company, then sue them. If you thought $200K was unconscionable, did you mention that when you invested? Otherwise what is the point of this?

This is why in Silicon Valley (and China and Israel too), startup culture is a gem that's almost impossible to replicate anywhere else in the world. People can't help themselves to rub salt in the wounds of failure, and they don't think about the wider culture reverberations of that attitude.

[Sukesh Tedla @sukeshtedla]

Yes, adults can choose and make their own financial decisions.

But we do have stringent regulations especially on betting platforms and TradFi investing focused on customer education, limits etc,

The thing with prediction markets specifically is it’s a Wolf dressed as a Sheep to avoid same regulations that apply to betting platforms. And the regulators are silent because there is heavy lobbying.

Hopefully consumer education and protection increases with regulations in the future.

[Brian Armstrong @brian_armstrong]

Interesting — and I appreciate the take.

I think there’s a balance here.

I’m pro-freedom. Consenting adults should be able to do what they want with their own money, as long as they’re not harming others. I don’t want companies patronizing users or dictating what they can do with their capital. Plenty of people “gamble” on stocks, or would say buying Bitcoin or Zcash early was gambling — there’s no perfectly safe investment, and what counts as acceptable is highly subjective.

That said, it doesn’t feel right to aggressively promote high-risk products to unsophisticated users. There’s a difference between making something available and making it the focus of the app.

We can mitigate this with clear disclosures, AI-powered financial literacy tools, and personalized experiences. Users could set preferences during onboarding (e.g. enable/disable certain categories) so the app reflects what they want, without forcing those choices on everyone else.

On topics like sports prediction markets, I believe society — through democratic processes — should ultimately decide what’s allowed. Private companies shouldn’t be the ones drawing those lines.

[Sukesh Tedla @sukeshtedla]

@TheMoonCarl @BybitEU Shouldn’t you be using the sponsored tag

[Sukesh Tedla @sukeshtedla]

It’s all starting to make sense

[Alex Svanevik 🐧 @ASvanevik]

got a smart alert from Nansen on this

Maelstrom sent the funds to Flowdesk

[Sukesh Tedla @sukeshtedla]

@star_okx So if I deposit 100k, I’ll get extra 8k? What’s the catch?

[Sukesh Tedla @sukeshtedla]

@CoinDesk @CantonNetwork @trondao @ethereum Anyone used canton before?

[Sukesh Tedla @sukeshtedla]

Lightspeed now and Warp speed next! Exciting days ahead!

[Telos @HelloTelos]

The Telos Express - June 26th 🗞️

What's new:

⚡ Project Lightspeed: Instant Finality Upgrade
🇺🇸 US Gov Moves Up Quantum Encryption Deadline
📱 Privacy: Google Preps Always-Listening Pixel Feature

Watch now 👇

[Sukesh Tedla @sukeshtedla]

@harkl_ Lol 😂

[Sukesh Tedla @sukeshtedla]

With all export controls, model gating. It’s time every company that uses frontier models need to update their Risk matrix and SOPs.

Blind dependencies without resilient solutions will kill your companies!