It is my great honor to be nominated by President @realDonaldTrump as the next Chairman of the Commodity Futures Trading Commission, where I had served as a Commissioner in his last administration. The @CFTC plays a critical role in maintaining robust hedging and price discovery markets that are the envy of the globe. The agency is also well poised to ensure the USA leads the world in blockchain technology and innovation. I look forward to working with President Trump’s incredible financial regulatory team. 🇺🇸
The Kind: Manifest Destiny Among the Stars
The Kind are humanoids... but time, war, and genetic engineering have shaped them into something more. Spread across planets shaped by gravitational extremes, they embody both ingenuity and ambition.
I’m excited to announce that we’re leading the $15M seed round in @legendapp to simplify DeFi and help bring the next 100M users onchain.
Our 2024 State of Crypto report estimated that there are now 30-60M monthly active crypto users. While DeFi activity has grown, it has also become more complex, and remains too complicated for many people to use.
We view Legend as a compass, pointing the way to a simpler user experience and broader adoption for DeFi. Their first product is an embedded smart contract wallet that allows users to borrow, lend, or swap across chains without manual wallet connections or the risk of interacting with malicious websites. Since coming out of stealth last October, they’ve received more than 400,000 signups on their waitlist.
Legend was founded by @jaysonhobby, @hayesgm, and @mykelp. Jayson, Geoffrey, and Mykel all worked together at DeFi pioneer @compoundfinance. Geoffrey was one of the inventors of the Compound protocol, and a co-founder of Compound Labs. Mykel and Jayson worked together on product and design at Compound Labs before Jayson took the reins as CEO.
Compound introduced the model for how much of DeFi still works today. It was one of the first protocols to truly decentralize, established yield farming, and helped define the role of governance tokens through their GovernorAlpha and GovernorBravo frameworks.
With their user-facing product expertise and empathy for DeFi developers, Jayson, Geoffrey, and Mykel are a perfect team to address the user experience challenge that’s still hindering DeFi adoption.
We’re delighted to support the Legend team as they guide DeFi in a compelling new direction.
BREAKING: LA's newly-elected DA Nate Hochman announces charges against 3 criminals who stole $200,000 from an evacuated home during the fire.
2 face life in prison. 1 faces 22 years.
It’s time to fight for the right to create.
Today, @a16zcrypto, @standwithcrypto, and @opensea are kickstarting the Creator Defense Fund, a legal defense fund for creators using blockchain technology to connect with fans, monetize their work, and bring more creativity to the world.
We’re contributing $1M and partnering with top law firms to offer legal services and consultations for artists and creators who are facing potential government action or simply want to ensure they are structuring their NFT projects in a legal and compliant manner.
Super fun new feature to play around with giving writers a structured way to let communities help develop narratives.
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