Anthony Pompliano

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Bitstamp, you were very involved in the acquisition of that.

What's the latest on that acquisition?

For buying and selling?

What are you doing on the institutional side?

So pretty much you're just taking the retail offering and now saying, hey, how do we evolve this for the institutions themselves?

They want the same end service, just maybe in a different wrapper or something.

That makes sense.

When you're recruiting people on the team now, are you guys not hiring as many people because of AI or like talk about like the actual team dynamics and like who you're looking for, etc.

I find it very fascinating that you understand the business side, but also the engineering side and AI is kind of hitting both at the same time.

What are your goals for the next 12 months?

You mentioned earlier a kind of a discipline as to picking your spot when you guys go to build something versus when you don't.

You're building an L2, but I don't think I've heard you guys are building a stable coin.

What is the thought process as to maybe not going into the stable coin game?

So just to make sure I understand how this consortium works is you guys join a couple other, let's just say 10, there's 10 companies total.

You take all of the revenue minus whatever it takes to actually run the stable coin.