Òlú Àlófè-bí-àsà

Founder @SailFishFinance (Animoca-backed). Building tokenized African equities onchain @xngmarkets

[Òlú Àlófè-bí-àsà @olusail]

https://t.co/nnMdS6vFR5

[Òlú Àlófè-bí-àsà @olusail]

@tosinolaseinde More than Talent !

[Òlú Àlófè-bí-àsà @olusail]

@shantelleawo @golemproject @arkivnetwork @ethereum Congratulations Shantel

[Dami.base.eth @Sir_Damilare]

@CryptoWilfred @PaulROR is cooking

[Òlú Àlófè-bí-àsà @olusail]

@Officially_Kriz 😂😂 Just some temporary market chop chop

[Kalu Aja @FinPlanKaluAja1]

https://t.co/lCgmRHNX68

[Òlú Àlófè-bí-àsà @olusail]

@Franko4don @Babajiide That’s still over $120k left with a $10k per month allocation, it’s enough to spend and re invest part of that in equities

[Òlú Àlófè-bí-àsà @olusail]

It makes you wonder how we can start attracting more global capital into these markets and build deeper liquidity over time.

[Òlú Àlófè-bí-àsà @olusail]

The dollar narrative is only part of the problem.

The bigger issue is liquidity; there simply isn’t enough capital locally to absorb large listings.

Take Dangote Refinery for example. At ~$20B, that’s roughly 21% of NGX’s market cap, so it makes sense it had to spread across multiple exchanges.

Until liquidity improves, even secondary listings on NGX will remain a tough sell.

[Fatu @fatuogwuche]

I asked Mr Temi Popoola, CEO of The Nigerian Stock Exchange @ngxgrp, if he's made progress getting Interswitch and Flutterwave to list on the NGX.

His response: "If I'm a huge unicorn today and my current shareholder base is funds out of the US, funds out of anywhere in the world in Dollars. How can it be that my valuable proposition to you, as an Exchange, is a Naira listing locally? Which simply says, can we have a market that does allow a dollar-related type of listing?"

[Naval @naval]

Introducing USVC - a single basket of high-growth venture capital, for everyone.

No accreditation required, SEC-registered, and a very low $500 minimum.

Includes OpenAI, Anthropic, xAI, Sierra, Crusoe, Legora, and Vercel. As USVC adds more companies, investors will own a piece of that too.

Liquidity typically comes when companies exit, but we’re aiming to let investors redeem up to 5% of the fund every quarter. This isn’t guaranteed, but if we can make it work, you won’t be locked up like in a traditional venture fund.

It runs on AngelList, which already supports $125 billion of investor capital.

And I’ve joined USVC as the Chairman of its Investment Committee.
—

Go back to the 1500s, you set sail for the new world to find tons of gold - that was adventure capital.

Early-stage technology is the modern version. It says we are going to create something new, and it’s risky. It’s daring.

But ordinary people can’t invest until it’s old, until it’s no longer interesting, until everybody has access to it. By the time a stock IPOs, most of the alpha is gone. The adventure is gone. Public market investors are literally last in line.

This problem has become farcical in the last decade. Startups are reaching trillion dollar valuations in the private markets while ordinary investors have their noses up to the glass, wondering when they’ll be let in.

Investing in private markets isn’t easy. You need feet on the ground. You need judgment built over years. Most people don’t have the patience to wait ten or twenty years for an investment to come to fruition.

But there is no more productive, harder-working way to deploy a dollar than in true venture capital.

USVC enables you to invest in venture capital in a broad, accessible, professionally-managed way, through a single basket of innovation, focused on high-growth startups, at all stages.

It is how you bet on the future of tech: the smartest young people in the world, working insane hours, leveraged to the max, with code, hardware, capital, media, and community. Your dollar doesn’t work harder anywhere.

There is an old line - in the future, either you are telling a computer what to do, or a computer is telling you what to do. You don’t want to be on the wrong side of that transaction.

USVC lets you buy the future, but you buy it now. Then you wait, and if you are right, you get paid.

Get access here:

https://t.co/pAj1sqUsG0

[Òlú Àlófè-bí-àsà @olusail]

@maxime_bucaille Got insightful feedback for @xngmarkets deck! It also says we are a great fit for @DraperVC 😀

[Òlú Àlófè-bí-àsà @olusail]

@Taryl_Ogle @xngmarkets Not yet, I couldn’t find the link in your bio. Kindly share

[Òlú Àlófè-bí-àsà @olusail]

@Taryl_Ogle @xngmarkets Africans can buy NVIDIA and Apple faster than they can buy African stocks.

Capital flows out, not in.

We’re fixing that with @xngmarkets.

[Òlú Àlófè-bí-àsà @olusail]

@Taryl_Ogle This resonates.

Africa is leaving a lot of capital on the table due to restricted access to its equities.

We’re working on that with @xngmarkets.

[Òlú Àlófè-bí-àsà @olusail]

@om_patel5 Can it test web3 Dapps on testnet by figuring out how to get faucet testnet tokens for the test process ?

[Òlú Àlófè-bí-àsà @olusail]

I just want to randomly open an app, sell my NGX stocks without timing trading hours on a different timezone.

And waiting T+2 to get paid isn’t exactly friendly to crypto native capital, which prioritize liquidity.

[Zeus 🇬🇧 @ZeusRWA]

The TAM for tokenized stocks is massive.

But you have to ask the real question: Why would a traditional investor switch?

Most long-term investors don’t care about 24/7 markets. They sit in ISAs, tax-free, holding for years.

They value:

> Simplicity
> Trust
> Tax efficiency

Tokenization doesn’t solve that (yet). So adoption doesn’t come from replacing them. It comes from new users.

The first wave into tokenized stocks is and has been:

> Crypto-native capital
> Global investors locked out of US markets
>Traders who want 24/7 liquidity
> Users who value speed + instant settlement

Tokenization isn’t necessarily about stealing TradFi users. It’s about expanding access and creating new demand.

[Òlú Àlófè-bí-àsà @olusail]

@Angeliki_BTC I am in 👌

[Òlú Àlófè-bí-àsà @olusail]

@Angeliki_BTC I am in

[Òlú Àlófè-bí-àsà @olusail]

@Angeliki_BTC Would love to be able to linkup web3 folks in Johannesburg

[Òlú Àlófè-bí-àsà @olusail]

@chiidubem @ThisDeolaSef @cngn_co It’s also go without saying that’s @BlockradarHQ Infra makes it even more seamless to settle with @cngn_co. On-ramp to Off-ramp is just magic 🪄

[Matthew Gallagher @galligator]

Me prompting my coding agents at 3am