Matt Burton

start up operator. working on something new

[Omar @TheOneandOmsy]

At earnings, Visa disclosing their stablecoin settlement volumes now up to $4.6 billion run-rate, up ~4.6x from just September and ~18x from the start of the year

[Matt Burton @burtomd0]

AI Demo Night with Lava, Finix, Finch, OCHO, and Harlem Capital. Sign up here: https://t.co/mAALrOD7TW

[Daniel Vogel @vogelito]

Thank you @patrickjwitt for having us at the @WhiteHouse. Incredibly energizing to see the US leadership in the crypto space. Excited to come to 🇺🇸

Gracias @patrickjwitt por recibirnos en la Casa Blanca. Increíble ver el liderazgo de EUA en el mundo cripto. Listos para ir a 🇺🇸

[Matt Burton @burtomd0]

Payment platform Lava raises $5.8M to build digital wallets for the ‘agent-native economy’ https://t.co/DwiZJZvh1w via @techcrunch

[Michael B. Gilroy @MBGilroy]

Today we launch @MarathonMP. You will not hear much from us on the fund now, or ever. We believe that the center of our ecosystem are the founders that are building all of the enterprise value — they are the only ones that should be making news.

The mission at @MarathonMP is to invest in founders who are verifiably obsessed with winning the end-markets that they are building in. We want to invest as much as humanly possible into the founders we back as they continue to scale their businesses.

The greatest privilege in life is deciding who you get to spend every day with. Thank you to our early investors for believing in us, and the founders who decided to go with us when we didn’t even have a website.

And my partner and friend @gokulr, I am beyond excited to build this franchise with you until my final days in this business. The Marathon Continues.

[meanwhile | Bitcoin Life Insurance @meanwhile]

A $1M whole life policy bought in 2018 has lost over 25% of its purchasing power due to inflation.

If that policy had been in Bitcoin, its value would’ve grown over 10X.

Protect your future with a currency designed to hold its worth.

[Bloomberg Technology @technology]

‘Tis the season for venture capital partner departures. https://t.co/LyZbsQlCS7

[Daniel Vogel @vogelito]

Stablecoins are transforming LATAM finance, cutting remittance costs & boosting efficiency in a $190B market.

Check out @Bitso‘s new report, “From Barriers to Bridges,” for insights on cross-border payments, regulation, and more

https://t.co/MsDaQELsCJ

[Nik @NikMilanovic]

And it just hit $200 billion.

One of the only crypto TVL (market cap) run-ups that's not driven by price speculation; this is what real adoption looks like.

[Zac Townsend @ztownsend]

Most startup AI opportunities aren't building better hardware (NVIDIA) or base models (OpenAI). It's rebuilding entire industries.

@meanwhile is a fully licensed insurance company run by just 8 people + AI. The future isn't AI agents. It's AI companies.

My argument👇

[Anthony 😎🛹 @djabatt]

@brian_armstrong We are https://t.co/dxJHeff1mE

[Max Gagliardi @max_gagliardi]

Multifamily refi with a BTC collateralized loan 🤯

Bitcoin is changing the way lenders think about underwriting real estate risk

Every asset class is converging to Bitcoin

[mert @mert]

the rebranding of "bots" to "ai agents" is an incredible crypto special

almost as good as "prediction markets" instead of "betting"

[nic carter @nic_carter]

Fintech (2010-present): liptstick on a pig. Better UI on top of same old broken UX

Stablecoin fintech (2021- ): hot-swapping out underlying broken infra. 100x better UX, familiar UI.

[nic carter @nic_carter]

The Bridge acquisition is going to turbocharge the stablecoin space like you wouldn’t believe. Generalist VCs that quit crypto in ‘22 pivoting back, heads spinning like the exorcist.

[Sam (Knicks in 5) @futurenomics]

some thoughts on the Bridge acquisition by Stripe:

After operation chokepoint (which @nic_carter and @micsolana did a great job exposing), there was a gap in the market for converting between fiat and stablecoins. Bridge bridged (lol) this gap. @zcabrams has built an incredible team, tapping people from many of the best fintechs. While bridge initially focused on stablecoin issuance before shifting towards "orchestration" which is a fancy way to say swapping between stables.

Stripe is mostly known for its payments processing and is viewed as one of the sharpest organizations in payments. Stripe has a long and complicated history with crypto involving both many false starts as well as some large wins. They were an early and large investor in Stellar. What's leaving many insiders scratching their heads around this transaction is the price tag (1.1b against 15m in revenue) as Circle's is expected to IPO at ~5b and has 750m in revenue. Circle is the issuer of USDC, one of the top two stablecoins today by all metrics (34.84b fdv). Why does Stripe, which could feasibly buy either, perceive Bridge to be worth 22% of Circle?

Stablecoins eating emerging market fiat and payments has become a consensus narrative. What isn't obvious is what parts of the stack (if any) can drive venture scale returns. On the surface, it appears that Stripe is betting aggressively on value accruing to the conversion layer over the issuance layer. Players like @withAUSD and @OndoFinance are already putting pressure on the economics of legacy issuers and other fintechs like Paypal are entering the fray, using existing distribution to elbow their way into market share. While we can only speculate on the business logic behind this, the transaction is clearly predicated on a belief in unbridled, global stablecoin growth.

[David Haber @dhaber]

What comes first... The AI-ification of PE or the PE-ification of VC?

[Charley Ma @CharleyMa]

Does anyone else miss conference calls prior to zoom / remote?

Kids these days will never appreciate the art of hitting the mute button on one of these bad boys and going “this guy is an idiot right??” during a negotiation and jumping back in without missing a beat

[Alex Konrad @alexrkonrad]

News: Nichole Wischoff and her VC firm Wischoff Ventures have raised $50 million for her third fund.

I spoke to the Nashville investor about her difficult childhood, going viral on social media and how she's backing the "new supply chain" for @Forbes.

https://t.co/WurgybQjUW

[Jenny Fielding @jefielding]

The fall fundraising season has officially kicked off. In my opinion, this is the best 10 weeks of the year for startups to raise capital. Investors are fresh from the summer and many are now behind on deployment pace. Founder friends, run at it hard and get the 💰💰💰