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Yeah, basically low mNAV DATs either need to do the arb by selling the underlying and buying back stock or they need to get M&A’d by high mNAV DATs.
One of the few people warning about this was @Galois_Capital. He wrote a few posts about this a while ago. A lot of people were saying he was wrong, but he was right.
We're extremely excited to announce that over 3,000 institutional partners of @TheTieIO are getting an exclusive airdrop from @monad. If you're on the list, you will receive an email from us by the end of this week. Remember to claim by Nov 2!
The thing that stood out to me the most from Larry Fink’s interview this morning was when he said the next wave of opportunity for BlackRock is “moving away from traditional financial assets” and making them digital. “If we can tokenize an ETF, we can have investors who are just…
A thread on trading slutty carry trades on shitty perp dexes /1
The bull run is in full swing. In our latest Derive Insights article, myself @genesisvol and @std_dev give a high level overview on how the bullrun will accelerate, who the biggest winners will be and what potential risks this cycle faces. 🧵
Congrats @cryptomomlife Spreading the word!
Thank you @NatCryptoAssoc and @AIPLeads for giving me the chance to share how real people are using crypto every day in #jacksonhole It meant so much to show Members of #Congress & #Crypto native leaders the real-world side of this industry— 🔐 Cold storage for safety for the…
Thanks @NoelleInMadrid
Powerful stuff. 🔥 "Freedom is not a gift; it must be wrestled from the hands of banality and the quiet complicity with power." "A society that values obedience without questioning authority is destined to become corrupt."
There is a lot of interesting crypto news this week: Paypal using stablecoin for transfers in-kind creation-redemption for crypto ETF Dollar rebound $XRP flips $SOL volume on @krakenfx futures
BlockFills Weekly Market Pulse by Ari Pine (@std_dev), Co-Head of Digital Exotics: Interested in deeper market insights? Subscribe to Ari's weekly newsletter "Don't Take My Word For It" bit.ly/4fZBIko Daily market analyses and more are…
Six reasons the AI talent war is so intense 1) Talent is a compute multiplier: Hiring people who will squeeze more intelligence out of fewer flops can increase the return on a given compute budget by OOMs. When you’re spending $80B on compute, a great AI researcher who can make…
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