Charlie Callahan

[Henry AI @HenryAI_cre]

Today it's official: Henry has raised a $16.5M Series A, led by @FirstMarkCap, with participation from @TR_Ventures, @SusaVentures, @ycombinator, @storyhousevc, @coalitionvc, @pioneer_fund, and Karman Ventures. And we're launching Henry Deal.

Underwriting, comps, research, and decks — all handled end to end, on your brand. Work that used to take days, done in minutes. Teams at the largest CRE brokerages are on Henry — 150+ firms, $150B+ in deal value.

Built by our co-founders Sammy Greenwall (@TheCRE_Deck_GUY) and Adam Pratt, the team behind them, and the customers who trust us with their deals.

Exclusive coverage below.

[High Yield Harry @HighyieldHarry]

The 🐐

R.I.P. Charlie Munger, you will be deeply missed

[Brian Quintenz @BrianQuintenz]

The long awaited conclusory statement from UK HMT on its crypto asset regulatory regime has arrived. And it is wonderful.

https://t.co/gmhHTnbKxp

EST @griffitha could not have been more decisive in declaring the government's interest in embracing blockchain and crypto innovation:
"The government’s ambition to make the UK a global hub for cryptoasset technologies remains steadfast...With the future regulatory framework now taking clear shape and the Financial Services and Markets Act now passed, the UK is the obvious choice for starting and scaling a cryptoasset business."

Specifically, HMT's response:

1) Excludes airdrops from the token issuance regulatory perimeter for now, recognizing that they do not constitute a public offering.

2) Clarifies that NFTs are out of scope, specifically citing in-game purchases and sales of digital items as an example of non-financial services activity.

3) Reiterates a go-it-slow approach on DeFi, and officially recognizes that:
"...DeFi may play an important role in financial services as the cryptoasset sector becomes larger and blockchain-based solutions continue to be adopted by financial markets. As such, and in line with the government’s innovation-forward approach, the government does not intend to ban DeFi."

4) Strongly disagrees with the suggestion to regulate crypto trading as gambling or an outright ban crypto, citing such approaches' divergence from international regulatory workstreams and the associated detriment to crypto-based innovation.

There is more detail required, especially around concepts of decentralization to ensure the core benefit of the technology is recognized regulatorily and customers are adequately protected from legacy risks of centralization. We remain optimistic on HMT's or the regulator's interest in further exploring and highlighting this issue.

The UK is taking a giant leap forward to establish itself as the global web3 centre. We couldn't have chosen a better time to be here. It's time to build!

[Hiten Shah @hnshah]

How does ChatGPT work? by @zapier https://t.co/WzIjI7v1kL

[TechCrunch @TechCrunch]

Blockchain Capital launches two new funds for a total of $580M https://t.co/ynH2rThWC7 by @jacqmelinek

[The All-In Podcast @theallinpod]

2,851 Miles by @bgurley from the @allinsummit

now available in full on @x

(0:00) 2,851 Miles
(24:44) In conversation with @bgurley

[Eric Balchunas @EricBalchunas]

JUST IN: Franklin has filed for a spot bitcoin ETF h/t @NateGeraci

[Matter @matter]

Say hello to Readable Podcasts.

Highlight podcasts for the first time ever.

[Full screen, volume up 🔊]

[Charlie Callahan @callahan_ccc]

Ep. 1: Anthony Moro on the Future of Blockchain-Based Finance | https://t.co/8HB7dPcf16 https://t.co/oOfEVELzzy via @YouTube

[Cuy Sheffield @cuysheffield]

1/ We are excited to announce that Visa has expanded our stablecoin settlement capabilities to merchant acquirers launching pilots with @Worldpay_Global and @Nuvei utilizing the Solana blockchain

https://t.co/E0TjMO5xiH

[nic carter @nic_carter]

this is a huge deal. writing on the wall: stables will become defacto interbank settlement solution via card networks. even my non-crypto fintech friends are fired up about this. congrats @cuysheffield

https://t.co/UYvnS70Z5R

[a16z crypto @a16zcrypto]

A wide-ranging conversation on company building, big to small; the relationship between centralization, decentralization, platforms, & financial freedom; moving from web2 to web3 in both crypto & payments; + more.
w/ @davidmarcus & @smc90
https://t.co/JTm5Dv59VQ

[Marisa Tashman Coppel @MTCoppel]

1/ A few thoughts on recent crypto litigation...

Ripple
Terraform Labs
Tornado Cash

Bottom line: It’s time for a circuit court to weigh in.

[Eleanor Terrett @EleanorTerrett]

Interesting that even the @SECGov is accepting that digital assets themselves are not inherently securities.

However, not entirely surprising as both Judge Rakoff and Judge Torres came to this conclusion in their respective cases.

[Brian Armstrong @brian_armstrong]

A great read

"While securities represent investments in an issuer’s business, commodities are a company’s product."

"Before the SEC’s recent campaign against crypto, never in the 100-plus-year history of the concept had an output from a business been designated an “investment contract.” It should not be so designated now."

[Dennis Porter @Dennis_Porter_]

BREAKING: KPMG, one of the ‘top 4’ largest accounting firms in the world acknowledges the positive impacts #Bitcoin can have on the environment.

[nic carter @nic_carter]

Awesome episode of Odd Lots on hosting AI compute with @branninmcbee of @CoreWeave

- bottlenecks in the AI compute market
- why retail GPUs don't work for AI
- how specialized compute providers can outcompete the hyperscale providers
- how NVIDIA is a kingmaker
- NVIDIA's secret advantages over AMD & others
- why crypto miners can't just "pivot to AI"

https://t.co/BVTqIRuHlr

[sarah guo @saranormous]

New free must-take course from @corise_ and @OpenAI: building AI products, taught by @sandersted

The project: build an LLM-powered shareable service that takes in a list of a user's favorite podcasts, and seamlessly produces a highlighted newsletter

[Paul Graham @paulg]

Invented the accelerator. Probably the most successful female investor in Silicon Valley history. Wrote one of the best books about startups. But notable? Well, Wikipedia isn't so sure.

[Eric Balchunas @EricBalchunas]

Holy crap, they did it! BlackRock has officially filed for a spot bitcoin ETF. Huge. Huge h/t to @CoinDesk for calling it.