We're partnering with @privy_io to make enterprise-grade yield available via API.
Veda vaults, which have been reserved for the largest institutions, will soon become available for all 2,000+ dev teams using Privy.
Get on the list to be notified first: https://t.co/HWS0a2yLdb
Bitcoiners have been waiting for ways to put their Bitcoin to work for years, and now it's finally here.
@JohnZettler from @krakenfx explains how it works on @MilkRoad
Day One inflows for the Bitcoin Vault by @krakenfx x @veda_labs x @SentoraHQ blows past many of the crypto ETF launches of the last couple years, except this is organic, on-chain user participation โ not seeded by Authorized Participants, massive trust conversions, or legacy distribution rails. And unlike ETFs, vaults are programmable, non-custodial, transparent, and can deploy numerous yield generation strategies beyond just staking. This is the future of finance.
The @ether_fi migration to @Optimism was possibly the largest and highest impact chain migration for a DeFi product ever.
I've said recently that crypto-native neobanks have a strong product advantage because they deeply understand the infrastructure.
This is a perfect example. EtherFi chose Veda as its primary vault infrastructure provider almost 2 years ago, and that decision is still paying off.
I will keep saying it: the infrastructure you choose to build your product on is the single most important product decision you will ever make
Kevin Warsh and Trump just made it clear why rates are going lower:
โAI is going to make almost everything cost less.
Weโre at the front end of a productivity boom.
Economic growth wonโt be inflationary โ weโre in the early innings of a structural decline in prices.โ
Elon Musk, Sam Altman, Jeff Bezos, and Stanley Druckenmiller all expect AI to be strongly deflationary.
The next few years are going to be insane.
He just signed into Twitter and glimpsed a banger tweet.
Perfect. Now refresh the feed and make that tweet disappear. Make it literally impossible to find
@rayansadri Salaries and prospects in Canada just not competitive enough. UWaterloo grad, job in the states after graduation, never looked back.
Many such stories
Crypto is collapsing the boundaries between financials institutions. Everyone is building the same thing. This is the Great Financial Convergence.
Historically, offering any kind of financial product required deep banking/vendor/regulatory infrastructure:
- Banks held deposits and made loans
- Exchanges enabled trading
- Payment companies helped merchants accept payments.
- Asset managers built investment products.
This is changing.
- Kraken started as an exchange, but is expanding into payments, cards, and consumer financial products.
- Stripe started with online payment acceptance, but is now building stablecoin infrastructure.
- Robinhood started as a brokerage, but is moving into crypto, tokenization, and onchain finance.
This is because crypto is turning financial services into modular software primitives.
Stablecoins make money movement global. Vaults make savings and yield embeddable.
Once these primitives exist, the old category boundaries matter much less. The important question is no longer:
โWhat kind of financial institution are you?โ
It is:
โWhat distribution do you own, and what financial products can you assemble?โ
This is why vaults matter. The most universal financial product is not trading.
It is a safe place for capital to sit and earn.
Stablecoins answer: โHow does money move?โ
Vaults answer: โWhere should money sit?โ
Together, they let any trusted platform become a financial product platform.
Crypto allows anyone to become a financial super-app.