Partner
@KrakenVentures
. crypto, VC. former delinquent, current techno princess, past life spent with robot cars &
@CarnegieMellon
. open source maxi.
1/ On becoming Partner at Kraken Ventures > It's all about the founders. 🧵
I am happy to share that I am now Partner at
@KrakenVentures
. Being trusted as a Partner at the independent VC firm linked to one of the most respected, cherished, trusted, OG orgs in crypto is an honor
I look forward to EthCC more than anything. However, over the last few days in Brussels 😞:
1. I was cat called more than in any other Western European city
2. Uber driver ended ride, but then locked the door and kept driving.
3. While waiting for taxis/Ubers alone had men
I will never get why men ask me if I am in crypto, at crypto conference events. Even at my 3rd EthCC.
Therefore, I am open sourcing my answer guide for all the other girlies
If you have more or less than 5k followers and you want to share what you’re building with me
@KrakenVentures
in Berlin next week, DM me
I have an idea
The Gathering hosted by
@krakenfx
and
@BoysClubWorld
at EthCC 🐙🫶 🔱
Apparently crypto conferences can be as easy as sitting down for a few hours with your pretty internet frens in a pretty setting 🥰
Denver is great, I don't see why people complain, we should host every conference here.
Find me at
@EthereumDenver
this week to talk about:
-Emerging Cryptography 🧩
-Crypto x AI 🤖
-Security 🔐
-Stablecoins 💵
To the “infra is overfunded” engagement farmers on crypto twitter at EthCC. I disagree - it was not the biggest theme vs previous years.
The most common emerging theme this year was UX (chain abstraction, account abstraction, fee mgmt etc)
So we ARE getting closer to
My dog has been having eye issues and had to have a small surgery today. I canceled an upcoming trip b/c of it.
Multiple people in SF have asked me if I now regret adopting a dog.
???
I understand better why there's a population crisis amongst the spiritual narcissist woke
As Zuzalu comes to an end - I'm having all the feels for my worldwide crypto (and bio) frens who have inspired me, taught me, and loved me for these past two months in Montenegro 🥹.
Now onwards to Berlin 🖤 - if you're buidling & vibing out there, DM me
What happens when yields drop? - u, panicking about your sweet t-bill revenue
ur girl, on CNBC:….when yields drop, crypto will be back, baby 😘
(feat: my face, thinking about low interest rates)
A few weeks ago I was delighted to chat with
@TanayaMacheel
on
@CNBC
, on a favorite crypto topic: Stablecoins! 💵
Representing
@KrakenVentures
, I dove into:
🏦 Treasury Bills
📚 Yield Curve Fan Fic
🌐 Stablecoin Designs
💼Use Cases
⏳ "Why Now"
🧵Takeaways >>
At
@stable_summit
at Eth Denver I discussed VC theses for the Stablecoins, RWAs, & adjacent
In 🧵 I highlight:
🔎 How VCs evaluate Stablecoin/RWA projects
🏗️ Market structure evolution
🧑🌾Emerging Use Cases
🔮Predictions
alongside
@jbrukh
-
@coinfund_io
,
@delitzer
-
We are kicking of AI x Crypto Weekend at Zuzalu! Ty to
@insideNiMA
for trusting me with curating the ZKML track. To cover this meaty topic the day will follow three part to build up from foundations 🧵
@levie
Intellectually dishonest take. Don’t yuck other people’s yum. If fake=intangible, then gaming, etc should be considered “fake” as well. A core issue here is that the entire market looked away when an exchange also owned a market maker, which is a tempting situation for fraud
Proud to be an 😇 angel in
@ModulusLabs
AKA ur future on chain inference ZKML besties.
Few realize that I was a crypto x AI skeptic, and then I read their blog, invited them to Zuzalu, rest is history -
Slay:
@realDanielShorr
@nayr_oac
Ecstatic to announce our $6.3M Seed round today, co-led by
@1kxnetwork
&
@variantfund
🎉
With participation from prominent funds & angels, we're building Modulus: the 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗯𝗹𝗲 𝗠𝗮𝗴𝗶𝗰 company🪄
How does specialized ZK bring AI on-chain?
1/ Real World Assets (RWAs) are back in the spotlight! Again? They seem to reemerge every 18 months. So what is different now?
I highlight 3 factors: Economics, Technology, Credibility.
With macroeconomic shifts pushing off-chain interest rates up and on-chain synthetic yields
@CampbellJAustin
We’re celebrating the marriage of equity capital strategically allocated on the behalf of limited partners to high-potential, high-risk startups. This process involved exhaustive due diligence, governance, mentorship, and network access. By empowering the transformation of
From 2022-2023 during 80% of VC catch ups I had, they faded me on my stablecoin theses.
(which contributed to
@KrakenVentures
first check investments in
@ethena_labs
@usualmoney
@AgoraDollar
)
Now they're copy trading me.
Love to see it fam.
Keep up the good work 🖤
@AlgodTrading
@brandonhgomes
@lukejdpearson
I was new to the conference circuit in 2022, and I met
@brandonhgomes
at a noisy and overwhelming party. A refuge from small talk - Brandon sat and patiently explained ZK to me - I asked him to skip the analogies. He explained circuits, gates, polynomial commitments, answered all
No baseball cap, glasses,& all black to hide behind. No passing as a dude online. 2023 I resolved to exit my paranoid era
I'm Stuti: I 💙 learning abt emerging cryptography, security, macroeconomics, & I spent my prev life working on robots
teach me smth new if u meet me IRL ☺️
Our decision to invest in
@usualmoney
with
@IOSGVC
lies in the recognition of stablecoins as the biggest frontier in crypto, offering a market cap as expansive as money itself: $80T+. We believe they will master the "mullet" 🧵 👇
@Pierr_Person
@hugosdc
Excited to announce our support for
@shield_xyz
pre-seed funding round (alongside
@a16zcrypto
@eternacapital
@AlchemyPlatform
@moonpay
)
We are confident in Shield's vision to lead the way for Web3 Community security, on the premise of their AI/ML Threat model. Looking forward to
This Sunday at 10:30am find me
@stable_summit
in Brussels 🫶
I'll be giving a keynote on stablecoin GTM, launch, and growth strategies
For curious founders and aspiring investors I'll also share some frameworks I use to evaluate stablecoins as a VC
⛓️☀️🫰
2/ Stablecoins are leading the charge for RWAs.
With $130B+ equivalent issued, and trillions in volume in just the past year, they are networks comparable to Visas and Paypals. They're also bridging traditional and crypto economies.
@_kinjalbshah
of
@BlockchainCap
elaborates:
We got accepted to
@a16zcrypto
's crypto startup school 🚀
We are receiving $500k as a participant to make web3 safe for all communities
Visit our website below to sign up for our waitlist ⬇️
Venture into the next frontier of stablecoins and RWAs with
@Stutireal
, stablecoin connoisseur, decentralization maxi and Principal
@KrakenVentures
!
Get firsthand insights on tokenization and stablecoin adoption from the titans of the stablecoin VC game — Feb 28, Denver.
This Sunday at 10:30am find me
@stable_summit
in Brussels 🫶
I'll be giving a keynote on stablecoin GTM, launch, and growth strategies
For curious founders and aspiring investors I'll also share some frameworks I use to evaluate stablecoins as a VC
⛓️☀️🫰
Took my kids trick or treating in Williamsburg last night.
Here’s their haul:
▫️ 15 modular Snickers
▫️ 30 pitch decks on tokenized treasuries
▫️ 8 blue pills with a btc stamp
▫️ 5 fruit roll up as service (sugar free)
▫️ 6 SF is dead t-shirts
▫️ 2 alignment rants
This place
Took my kids trick or treating in Palo Alto last night.
Here’s their haul:
▫️11 full-sized dairy and nut free candy bars
▫️2 term sheets from Sequoia and Accel
▫️$3,500 in OpenAI credits
▫️4 offers to “help review their YC apps”
▫️6 VCs who provided nothing but just said
Excited to share our public documentation 🌌
We are confident this is some of the most extensive and transparent public facing documentation in the space
If you believe any risks have not been adequately surfaced reach out and we will incorporate them
Ur girl was back in the
@Nasdaq
studio this week. TLDR: stablecoins r bussin, yield curve has rizz. This one will be 4 my macro besties out there, can't wait to share soon
(Fam: after college I was sizing and pricing muni bonds for a hot sec. This is a weird full circle for me)
@stable_summit
@jbrukh
@coinfund_io
@delitzer
1/ As a VC how do I evaluate Stablecoin & adjacent projects to invest in?
A blend of A, B, C, D:
A.📏 Is there edge in any of the following:
-Team
-Regulatory
-Distribution
-Cost Structure
B. 🧠 How appealing would a smart consumer find:
-Peg Stability
-Risk Profile
Be a part of the action at the unStable Summit, where VCs will weigh in on the next big RWA opportunity!
Gain exclusive insights from
@delitzer
, seasoned investor & Co-Founder
@nascentxyz
.
Join us and stay ahead of the curve - 28 Feb, Denver
From changing economics to evolving technology infrastructure, RWAs are benefiting from a "Why Now" moment.
I shared my thoughts for this
@CNBC
article
Previous RWA rodeos had adversely selected products (uninteresting credit, random real estate). This time is different:
Excited to share that
@Polymarket
has raised $70m:
A $45m Series B led by Founders Fund and insiders 1confirmation and ParaFi +
@VitalikButerin
, & Dragonfly
And a $25m Series A led by General Catalyst + Polychain,
@jgebbia
, & more
🔮🧵
Just got home from
#EthSF
: Full house with 284 teams hacking, 13 finalists across infra, defi, nft, consumer social, gaming, +more, and snacking on 100 fortune cookies full of crypto wisdom. Who said
#SFisdead
? Tysm
@ETHGlobal
ETHGlobal
@cat_uccino
I so get this. With an ambiguous name and not my face as a pfp, people sometimes be so shook when I show up on zoom, and ask if I’m the only one joining (… will stuti be joining us?)
@Bfaviero
Send them to me - kraken ventures :) especially technology infrastructure (ie ZK, cross chain), developer experience, security, defi, privacy…mmm yeah that’s a good list to start with
@hosseeb
You’re welcome but have you ever lost my Seed Phrase looking for the Punks NFT collection on Open Sea, or was it Apes that had my Coinbase password which I gave custody to on an exchange, OKX or Binance? I forgot it looking for DeFi yield farming how do I do that
🚨 The infrastructure phase is not over. We can still significantly expand the design space for financial applications to be built on the Blockchain by improving the rails they can be built on.
@LayerN_Official
has a thoughtful plan to significantly improve latency/TPS/capital
Introducing Layer N — Ethereum's financial layer:
A financial "N"etwork of hyper-performant zk-OP hybrid roll-ups with native inter-rollup messaging and shared liquidity.
Modular, ultra-low fees, high throughput, <100ms latency, Layer N is built to scale DeFi on Ethereum.
My 2024 Stablecoin Prophecy from ethDenver is ripping. Let's check in
1.
@sparkdotfi
is a stablecoin summer leader with its rate resistant yield
2.
@usualmoney
broke $100m TVL within days of launch as it wraps RWAs w/ Defi features
3.
@ethena_labs
was received as the biggest
@stable_summit
@jbrukh
@coinfund_io
@delitzer
4/ Some predictions for Stablecoin / RWA and adjacent markets for 2024+ :
1. 🌉 Stronger bridges btwn RWAs & DeFi. Composability enables leverage, which is especially desired if rates are cut. Check
@usualmoney
2. 🐂 Bull market = more projects will be backed by yield from