05 Dec 2025

This past year has been a breakout year for prediction markets in which they’ve established themselves as mainstream financial and information markets. And while most of the attention has gone to them as end-user destinations, they’re increasingly becoming developer platforms too. Both Polymarket and Kalshi, the two leading...

23 Oct 2025

A concept I’ve been thinking a lot about lately is that countries, just like companies, offer products to their users. The product is a place where you can build your life, your family, and your career. It has a set of features: jobs, housing, taxes, weather, cost of living,...

07 Oct 2025

I was recently asked what I think the chances are a future US administration decides to roll back all the pro-crypto legislation that the current administration is crafting. My answer: very low. When the Biden administration decided to launch its assault on the industry, crypto was an isolated atoll. DeFi...

29 Sep 2025

London is an underrated crypto hub. I think one of the reasons it doesn’t get the recognition it deserves is because it doesn’t feel like a hub, especially compared to a place like New York. I feel that myself. Whenever I spend time in Soho or Williamsburg, I...

08 Sep 2025

I often get asked what our investment thesis is in crypto. Some, when they take a look at our portfolio, see a lot of DeFi investments and assume we’re a DeFi focused fund. Others see that we’ve been early to DeSci and assume our focus is there. The...