Big conclusion from Accelerate:
All assets - equities, bonds, money markets, cryptoassets - will eventually be traded and settled in their most capital-efficient form.
And that's going to be onchain, on @solana.
Solana DeFi will Win
Wild day presenting at @NYSE about how crypto is fundamentally cheaper and superior to operating the financial system
America is back to being the most favourable place for DeFi founders today
FOUNDER MODE
Singapore Hawker Center style interview + mukbang @ Lau Pa Sat
Featuring the best founder duo Toly & Raj 💜 @toly@rajgokal@davijlu
FULL VIDEO OUT SOON
Today, at Breakpoint in SG, we announced a $25M Series B round, with total funding up to $52.5M to date to take us 100x from where we are now
This funding will accelerate our pathway to become the most liquid, composable and capital-efficient DeFi platform in crypto across
Today, we're launching BET on Drift — the first capital efficient prediction markets on @Solana@DriftProtocol
Here's why, and why now:
A prediction market is not only a natural extension of trading — it’s the future of trading. Prediction markets are the natural evolution of
HBD (belated) to @sandraleow 💕
Not many realize we're actually sisters, and it's an underrated unique privilege to be in this crazy industry w/ someone you grew up next to
Super proud of how far you've come since you started in crypto and all you contribute to the space 💖
Excited to announce I've backed Multicoin's $1.65B PIPE into the largest SOL DAT in history - all cash, no in-kind - to buy SOL and use proceeds natively within Solana DeFi
Drift will be working closely with $FORD to enable net new use cases in DeFi
Billions. Higher
0/ Today Forward Industries (@FWDind ) closed on a $1.65B PIPE cosponsored by my firm, @multicoin along with @jump_ and @galaxyhq . 100% USD, no in-kind
I am now Chairman of the company
In addition to Multicoin's investment, I invested $25M personally into the PIPE
The power of long-term manifestation is real
A short story on Drift lore: I visited Tokyo in April 2023 during deep Solana bear when Drift v2 was just getting started. SOL was under $20, we had ~$1m in TVL, market was bleak post-FTX, and everything seemed hopeless.
But we
What an insane day.
After being live on Solana for nearly 2 years, Drift launched its genesis airdrop today.
1/ >50% of the airdrop was claimed today, with ~12M DRIFT used to stake as collateral in Drift (25% of the drop!). With our cross margin model $DRIFT can be used as