We’re pleased to announce that Wyden has partnered with DRW Cumberland, further strengthening our global institutional digital asset liquidity network.
Through this integration, Wyden clients gain direct access to Cumberland’s deep crypto liquidity within a controlled framework designed to support best execution while mitigating counterparty and operational risk.
As institutional participation in digital assets matures, the quality and reliability of liquidity access matters more than ever. Together, we continue building institutional infrastructure that meets the standards banks and brokers expect.
#DigitalAssets #InstitutionalAdoption #Liquidity #CryptoInfrastructure #Fintech
Dishoom's quality at scale is so impressive. The King's Cross branch has 340 seats; it has 15 branches across seven cities; it has lots of Deliveroo dark kitchens. As far as I can tell, it maintains a high quality bar across all of this. *And* it is hugely popular – the King's Cross branch was heaving last night, in mid-January, and Americans love it. Incredible success!
1/ Today, we're proud to announce that Stripe is acquiring Privy.
We couldn’t be more excited.
Privy will continue as an independent product – but now we’ll move faster, ship more, and serve you even better, so you can stay focused on your users.
uae giving every citizen free chatgpt plus is incredible. minimal downside, massive upside. even a ~1.5x productivity boost across the population pays for itself instantly. this is exactly what state level tech investment should look like.
sam altman continues to prove he’s one of the most cunning dealmakers of the 21st century. insanely cold blooded. effective af. just… inevitable.
also think about what it does for openai usage & valuation? when was the last time a company did a deal with an entire god damn country?
Your neighbor IS online. He thinks the BRICS are creating a new currency that will soon replace the dollar. He thinks Blackstone owns 60% of single family homes. He’s long Cardano.
1/ Coinbase just bought Deribit for $2.9B. Most won’t realize how smart this is. But if you understand how options markets work, it’s clear: they just locked in the most defensible position in crypto derivatives...
how big is the crypto lending market? no one has ever really known
now we do
based on reviews of public filings, bankruptcy documents, and voluntary disclosures from active lenders, the combined CeFi loan book size at YE 2024 was $11.2bn, down 68% from the 2022 ATH of $34.8bn
Down/sideways markets like this may be max pain for investors, but they’re max gain for covered call strategies when implied volatility is through the roof.
Read on to see why CCs offer a unique opportunity–especially for crypto equities🔥
Europe once again doing its best to alienate entrepreneurs
Ethena is one of the most successful and important European crypto projects. Not only did BaFin turn down their MiCA application, they published an inflammatory and inaccurate press release that could only be designed to needlessly incite panic
If this is the treatment given to projects seeking to comply with EU regulations, I will be seriously reconsidering whether to recommend any of our 150+ portfolio companies pursue MiCA registration. Especially when the US is going the complete other way and becoming a haven for crypto projects