After 7 years in venture capital, I've finally made the leap to join a phenomenal team, a massive market, and a can't miss opportunity! Super excited to announce I've joined @JReedRosenthal at @Index_inds !
We’re thrilled to announce coming out of stealth with a $50M raise to transform how the world accesses real estate markets.
Real estate is the largest asset class in the world, worth $300 trillion, so why hasn’t it evolved with the rest of finance? It remains one of the hardest to access, both directly and through traditional financial products.
The first application of Index Industries’ technology is @USHP_Official: a first-of-its-kind liquid, investable index referencing the U.S. housing market.
The U.S. housing market finally has a ticker.
Stablecoins will eat payments because of simple incentives: stablecoins improve *payment processors* margins for the first time!
CC's take 2.5% from merchants, but non-bank payments companies (Stripe, Visa, Venmo, Square, etc) get only ~0.15% (.0015)!
Payment cos want stables👇
my dad sat me down once and said:
“There are only two jobs in the world: building or selling. If you’re not doing one of those, you’re just an expense.”
still think about this.
🚨 Bybit just delivered a masterclass in crisis communications after experiencing the largest hack in crypto history. The situation is still live, but they’ve already succeeded in calming markets.
It’s a teachable moment for the rest of us. Here’s what they did right—and why it matters. 🧵👇
I dug through the 13F filings and, by my count, there were 1,573 institutions with long exposure to Bitcoin in Q4 2024.
These include banks, hedge funds, RIAs, family offices, endowments, pensions, sovereign wealth funds, & other asset managers.
Below are some major findings 🧵
This year you're going to see:
1. More flows into ETFs
2. More corporates buying more Bitcoin
3. More nation states buying more Bitcoin
4. US Wealth Management buying for clients
5. Banks and FIs launching services to help clients access Bitcoin
6. Regulators creating productive clarity
7. The world (geopolitics, monetary policy, etc) increasingly in circumstances that drive the need for Bitcoin
And, you're going to see more reputable people revealing their conviction in Bitcoin.
It's going to be a watershed year.