The Relentless Rise of Stablecoins
By Peter Johnson and Sai Nimmagadda One of our core theses is that global audiences will increasingly access dollars via stablecoins (also known as cryptodollars). This is a thesis that individual members of our team have been actively writing, speaking, and investing behind for over five years. During this time, the value of stablecoins outstanding has grown from less than $3bn to over $120bn today. Most recently, in a move that both highlights the opportunity in stablecoins and could upend ...
The Relentless Rise of Stablecoins
By Peter Johnson and Sai Nimmagadda One of our core theses is that global audiences will increasingly access dollars via stablecoins (also known as cryptodollars). This is a thesis that individual members of our team have been actively writing, speaking, and investing behind for over five years. During this time, the value of stablecoins outstanding has grown from less than $3bn to over $120bn today. Most recently, in a move that both highlights the opportunity in stablecoins and could upend ...
Opportunities and Considerations of Ethereum’s Blockspace Future
✍🏼 by Drew Van der Werff and Alex Matthews of BH Digital in collaboration with Frontier, where this post was first released.TL;DRHistory has shown that derivatives can strengthen spot markets and provide additional tools to stakeholders in the supply chain to manage their businesses. Similarly, Ethereum’s spot gas market could potentially benefit from derivatives marketsWith the development of Ethereum gas derivatives, there is an opportunity to enable a comprehensive suite of products for b...
Opportunities and Considerations of Ethereum’s Blockspace Future
✍🏼 by Drew Van der Werff and Alex Matthews of BH Digital in collaboration with Frontier, where this post was first released.TL;DRHistory has shown that derivatives can strengthen spot markets and provide additional tools to stakeholders in the supply chain to manage their businesses. Similarly, Ethereum’s spot gas market could potentially benefit from derivatives marketsWith the development of Ethereum gas derivatives, there is an opportunity to enable a comprehensive suite of products for b...
Beyond Extraction: The Role of Block Building in the Future of Ethereum
By Drew Van der Werff at Brevan Howard Digital in collaboration with Frontier Research, where this post was first released.While Ethereum’s original core vision has endured, its wider purpose has evolved significantly. With recent technological advances (i.e., rollups) and a modularized future likely being a dominant reality, it is likely that Ethereum is becoming THE marketplace for secure blockspace. As the Merge approached, a crucial race commenced—who would become the dominant block build...
Beyond Extraction: The Role of Block Building in the Future of Ethereum
By Drew Van der Werff at Brevan Howard Digital in collaboration with Frontier Research, where this post was first released.While Ethereum’s original core vision has endured, its wider purpose has evolved significantly. With recent technological advances (i.e., rollups) and a modularized future likely being a dominant reality, it is likely that Ethereum is becoming THE marketplace for secure blockspace. As the Merge approached, a crucial race commenced—who would become the dominant block build...
The Sweet Spot
“Should I Still Give a Damn about Crypto?” – That was the title* of a panel I recently spoke on and is the question some investors are asking after a brutal 2022 for crypto/web3. These investors may have been surprised by my main message during this panel, which was: After close to a decade of investing in crypto, I believe there has never been a better time to invest in the space.Better than 2013? 2016/2017? 2019/2020? Yes, on an ex-ante basis, better than any other time. A confluence of fac...
The Sweet Spot
“Should I Still Give a Damn about Crypto?” – That was the title* of a panel I recently spoke on and is the question some investors are asking after a brutal 2022 for crypto/web3. These investors may have been surprised by my main message during this panel, which was: After close to a decade of investing in crypto, I believe there has never been a better time to invest in the space.Better than 2013? 2016/2017? 2019/2020? Yes, on an ex-ante basis, better than any other time. A confluence of fac...
TRM Labs - Why We Invested
We are excited to deepen our partnership with CEO / Co-founder Esteban Castano, CTO / Co-founder Rahul Raina, and the rest of the talented team at TRM Labs through our participation in the company’s recent $70mm Series B expansion. At Brevan Howard Digital, our team is deeply familiar with TRM Labs and its team from using their product and evaluating competitive offerings at Brevan Howard Digital and previous firms. We are a satisfied customer of TRM Labs and have experienced the breadth and ...
TRM Labs - Why We Invested
We are excited to deepen our partnership with CEO / Co-founder Esteban Castano, CTO / Co-founder Rahul Raina, and the rest of the talented team at TRM Labs through our participation in the company’s recent $70mm Series B expansion. At Brevan Howard Digital, our team is deeply familiar with TRM Labs and its team from using their product and evaluating competitive offerings at Brevan Howard Digital and previous firms. We are a satisfied customer of TRM Labs and have experienced the breadth and ...
