After 3+ years of building @BlockTower VC, we’re extremely excited to double down on teams who push the space forward in our next chapter, as we spin out the franchise, portfolio and team with my partners @spvenino33 & @winnielaux under a new independent venture focused firm: @strobefund.
75 out of the 1,248 players who will play in the upcoming World Cup were born in France, but will represent other national teams.
Together with France’s own squad, that’s almost 100 players in the tournament who were born in France. That’s about 8% of all World Cup players. Insane.
There is no other country that produces more national team players in this tournament than France. Most of them, by the way, come from Paris and its suburbs.
yes this is cool because it allows Ethena to tap into the largest earn program in crypto
but more importantly it demonstrates the appetite and ambition of this team
i wrote this a few weeks ago when i started
the vibe inside the company feels much more like it’s Day 1 than 2yrs post TGE
after an explosive 24/25 a lot of work has been put in preparing Ethena for an even bigger 26/27
countdown is on
Ethena has expanded its partnership with @Anchorage, a federally regulated crypto bank in the US, to advance its institutional investment lending through Atlas Collateral Management.
As part of this expansion, Anchorage will serve as collateral manager for Ethena's loan assets, with borrower collateral held in regulated custody at Anchorage.
The expansion builds on Anchorage's existing role as issuer for our whitelabel stablecoin products.
With this partnership @ethena could offer @coinbase's 100M users and ~$19B USDC base a new source of yield outside of t-bills and provide a huge funding avenue for @ethena if sUSDe yields trump USDC
If the clarity act makes it harder to offer straight USDC t-bill yield on coinbase this is also a fantastic alternative for users
Recommend reading Yan's entire post
At @Delphi_Ventures we are investors in @ethena
Excited to partner with Coinbase for the first time to support their dollar savings products. The upcoming integration next week will be the first time Ethena products are available for their 100m+ user base.
Given the evolving nature of the Clarity Act, we expect further potential tailwinds for onchain native products like USDe from idle balances on exchanges, and Ethena is well positioned to support this transition.
Ethena and @coinbase have partnered to grow onchain finance and savings products for their 100m+ userbase, with the first growth initiative launching next week.
Alongside this partnership Coinbase Ventures have also made their first investment into Ethena on the open market.
Architect is working with AI companies that have specialized compute and capex/opex hedging needs ahead of the launch of our US futures exchange, the American Innovation Exchange. We’d love to hear from more, any referrals that come our way are greatly appreciated.
It's a matter of time before Harvey/Legora start providing legal services directly and use their tech to take on their current client base.
Tech companies and law firms are converging. Law firms are seeing the writing on the wall. Kirkland is developing their own technology. Other law firms are switching to Claude Enterprise to avoid giving Harvey/Legora proprietary knowledge of their workflows.
The valuations of Harvey/Legora (11b/5.6b) are surpassing the total addressable market for legal software. The tech world is excited about the services market for a reason.
The legal services market is enormous (3trillion) and AI is allowing for it to be disrupted in a meaningful way for the first time. K&E's move here should be a signal to all lawyers about what is going to happen to big law in the future.