Shanley
๐ค SpeakerAppearances Over Time
Podcast Appearances
What an ETF is, it's basically... What it does for crypto is instead of having to buy and manage your own crypto assets, the financial institution basically takes on the administration and management of those underlying assets.
So for investors who...
don't want to be on Coinbase.
You know, buying from these, like, sketchy companies, these were ways to make these assets available to the investment market.
And crypto really needed that.
And BlackRock came in to do that.
And they partnered with Coinbase.
And they partnered with other, you know, venture capital things.
They did the VCs a big solid there.
And then to our point, like they are very invested with the Saudis as well, partnered with the Saudi sovereign wealth fund.
You know, the leading to weapons deals there.
They're also doing a bunch of data centers in the UK.
And they've been operating in Israel for a really long time.
So, you know, this was a very natural partner, I would say, for venture capital.
But it also gives venture capital...
Like, venture capital has gotten a lot out of this deal.