Anthony Pompliano

You already see it in South Korea.

I think there was during the KBW last year, there was some bar in Seoul and they had two screens up and there were two traders on some sort of perfect change.

And they were just like trading and seeing who could make the most money and live streaming themselves.

So like this is absolutely going to happen.

I don't know if I want to be the LP.

I might want to own the team.

I mean, I think it's only gotten more compelling as the prices of things have come down, right?

There are lots of great crypto companies that are non-exchanges that have critical infrastructure, great cash flows, great teams that are underappreciated in these markets.

And, you know, after these guys and gals have grinded for five, 10 years, they want out, right?

And so we're saying, let's put together a pool of capital

go to these founders and say, hey, we don't want you to work under golden handcuffs for another two or three years like they would if they took a price from a large strategic like Coinbase or Binance.

We'll take you out.

Through our network, we're able to put in great operators

And we're going to operate this company for a while, change it a bit, and flip it to another sponsor when the market recovers.

And so no, we're still gung ho on this vision.

Some of the companies that we've talked to in the past, the pricing has gotten a lot more reasonable recently.

And so I think this is the perfect time to be deploying capital, especially on a

full buyout equity stake because, again, there are lots of very profitable crypto companies.

Yeah, I'm not talking billions of dollars.

I'm talking $50, $100 million revenue companies with 75% EBITDA margins that the founder wants to break.