Great article in today's @FinancialTimes from Sun Yu discussing #Chinese investors who are gaining indirect access in "hot" US private companies such as @SpaceX and @OpenAI through #digitalassets and various types of #blockchain#tokens. Or are they?
The legal risks are real, as I warn in his piece - "A lot of people are paying for promises they won't be able to enforce."
Full article below.
https://t.co/O2NonEGTH0
“Nvidia grew sales of the chips at the heart of the artificial intelligence boom even faster than Wall Street anticipated in its latest quarter, reassuring investors that Big Tech’s AI spending spree is set to continue.
Revenue was $57bn in the three months to the end of October, up 62 per cent year-on-year, and beating consensus estimates of $55bn compiled by Visible Alpha. Nvidia’s revenue forecast for the current quarter was $65bn well above Wall Street expectations of $62bn.”
Financial Times
Nov. 19, 2025
“Only about 5,000 of the 15,000 or more private capital firms that exist today had successfully raised funds in the past seven years, Per Franzén, chief executive of Sweden’s EQT, told the Financial Times.
‘How many of these firms will have a successful fundraising also in the next five to 10 years? . . . Probably less than half,’ he said. ‘The number of zombie firms will increase by an additional couple of thousand.’”
Financial Times
Nov. 1, 2025
#privateequity #venturecapital #zombiefund #zombies #generalpartner #limitedpartners #privatefunds #carriedinterest
“There are 19,000 private equity funds in the US. There are 14,000 McDonald’s in the US. How are there more private equity funds than McDonald’s? That’s actually crazy, right?”
Alisa Wood, KKR & Co partner
Oct. 1, 2025
#privateequity #venturecapital #hedgefunds #limitedpartners #privatefunds #carriedinterest
"The right to self-custody one’s assets is a core American value."
Chairman Paul S. Atkins, U.S. Securities and Exchange Commission, and Acting Chairman Caroline D. Pham, U.S. Commodity Futures Trading Commission
Sept. 5, 2025
#blockchain#crypto#defi#bitcoin#ether #tokenization #dex #btc #eth
Our Co-Founder and CEO @BrianShroder recently sat down with @Cointelegraph to discuss the pivotal role of stablecoins in enabling seamless global payments and @1MoneyNetwork's commitment to driving innovation in this dynamic landscape.
Read more here: https://t.co/KaxXTeakuh
#Stablecoins #Web3 #Payments #1MoneyNetwork
In TradFi truth is expensive.
Institutions spend an obscene amount of time and money on audits and manual reconciliation of accounts to find the truth, because there is no trust.
In DeFi truth is a given. @provenancefdn