Just wrapped meetings with Senator Michael Bennet and Senator @Hickenlooper's office alongside @standwithcrypto and @fund_defi .
As a founder and developer, I shared what regulatory clarity would mean for builders in Colorado and made the case for keeping developer protections in place as the Clarity Act moves toward a floor vote.
Thank you to the Senator's staff for the time. 🇺🇸
🔔 Sphinx Testnet Whitelist is now live on Galxe!
Complete simple quests to secure your spot on the Sphinx Testnet whitelist. Early participants get XP multipliers — the earlier you join, the more you stand to gain.
Link in comments👇
From Bricks to Blocks: How Real Assets Behave On-Chain
When $140T+ commodities meet blockchain rails. Exploring RWA tokenization, institutional trading infrastructure & on-chain liquidity with @RevolveToken.
📅 January 6 | ⏰ 5:30 PM UTC
🔗 https://t.co/RovckgXLFQ
AI might be a bubble. The build-out isn’t.
The share of U.S. power consumed by data centers is set to increase 3X by 2030, hitting 11.7%. By 2030, they'll consume 606 TWh.
Electrons > parameters. The race to train models has evolved into a race to energize sites.
https://t.co/BNPhKcgKh4
Remember when we mentioned Periodic Cash-Settled Futures (PCSF)?
Let’s make it real with an example showing why they’ll be a game-changer on Sphinx from day one. 🧵👇
The AWS east outage is a firm reminder as to why decentralizing your infrastructure is so important.
Critical service outages across exchanges and blockchains led to extreme volatility across tradable assets.
Hopefully you weren’t left holding the bag.
Most people think running a validator in a proof-of-stake system is just about uptime and servers. It’s also about financial alignment - staking capital, taking economic risk, and anchoring trust in the system. Let’s unpack what that means in Sphinx. 🧵
3/ A Real Problem 🤔
Co-founder @gcperrin explained this came from direct experience. While running a Bitcoin mine using natural gas, his team tried to hedge against price volatility but found the existing financial system was broken and prohibitively complex.
🎙️ Upcoming AMA – The Future of On-Chain Commodities
Join Sphinx CEO @bitpapi_ and CMO @Nitsua_D for a live discussion on how on-chain infrastructure is transforming commodity markets.
📅 Wednesday, October 8
🕓 4 PM UTC
🎤 Hosted by @hoss_ibc
Topics:
Market structure & institutional adoption
Real-world use cases for on-chain settlement
What’s next for the Sphinx ecosystem
Set your reminders and we'll see you there!
Thrilled to be featured on The Street Roundtable 🦁⚡
Our CEO @gcperrin + investor @aly_madhavji joined Alp Gasimov to talk 24/7 commodities, instant clearing, & onchain market structure.
Full story here👇
https://t.co/b1okRiNEJs
🚨 Big news: Blizzard Fund backed @SphinxProtocol in their $2M pre-seed round, alongside @EckCap, @BigBrainVC, @BlockchainFF, @cosmoshub, and more.
Sphinx is building the first institutional-grade commodity derivatives exchange on its own Avalanche L1.
Here’s why we invested 🧵
It’s been an incredible journey to build Sphinx, I’m so grateful to the team that helped make our recent funding possible. It truly takes a village.
Besides our wonderful investors, a special thank you to Austin Durgee, Shevaan Jayasinghe, Matthew Williams, Jeffrey Vier, Glenn Shaw and my father Scott Perrin for the day one support to make this happen. We wouldn’t be here without you.
More to come, but for now onwards and upwards 🚀
🚨 ANNOUNCEMENT 🚨
🚀 We’re proud to announce that Sphinx has raised $2M in our pre-seed round — led by Eckhardt Capital @EckCap, @eck0wns with participation from a powerful group of investors in Web3 and institutional finance. 🦁
Backers include:
Big Brain Holdings @BigBrainVC
Blockchain Founders Fund @BlockchainFF
Blizzard Fund @BlizzardFund
Trive Digital @TRIVEDIGI
Cosmos Hub @cosmoshub
London Real Ventures @LondonRealTV
GS Futures
👼 Angels: Andrew Durgee, Stefan Rust, Zachary Keats
Sphinx is building the first institutional-grade commodity derivatives exchange on its own permissioned Layer 1 blockchain that is purpose-built for the demands of modern energy commodities trading.
We offer 24/7 access to futures, options, and perpetual swaps across oil, gas, and other major energy markets.
This means:
⚡️ Atomic settlement
💰 10x lower trading fees
📈 28% boost in capital efficiency
🏦 50% reduction in back-office costs
This raise fuels our next phase: launching our mainnet, deepening regulatory engagement, and onboarding institutional partners and validators.
To our investors, angels, and early supporters — thank you. We’re just getting started. 💪
Powering Profits, Fueling Futures!
#cryptofunding #Web3 #BlockchainInnovation #trading #Layer1 #energy