Digital Assets

“It's called an S one and it takes lots of lawyers and accountants to try to figure, figure out how to do it for an existing company, much less for a new digital asset, the crypto sort of asset that you know, where the form is completely an app. There's no boar…”

“Borrowing digital assets has historically been very difficult, but recently there have been massive improvements in infrastructure to be able to do that and to be able to execute on a more fundamental or event-driven long short strategy within the space.”

“There's this broad narrative that agents are just going to use digital assets because there's, they're permissionless, and you can just, like, they're instant. They're less regulated and that, that probably will happen, but there's going to be competition from…”

“One surprise though, digital assets peaked in around spring of 22, has been in a nuclear winter pretty much since, but surprisingly we have 40 firms here that are digital asset firms. And those firms are performing about at break-even level. They're not punchi…”

“The crypto side of things is like, you know, let's call it 50% NFTs and 50% digital assets. And that's, you know, probably 10% of my overall.”

“Really I think the vertical that we're most bullish in and that we think is most ripe for disruption is in the games industry, like we're talking about, where there's already single companies that are doing billions in digital assets that you know, are essenti…”

“Insurance companies don't like insuring volatile things. Right. And so they're not going to move into the space, but I think the big question of like, how do we actually solve this problem is how do you assess the intrinsic value of a digital asset, which is a…”

“Digital assets give you system powers, but they don't give you legal rights, right? Like a thief is not a purchaser or an owner per these legal terms. And so I think it would be hard to argue that the thief actually has the rights to the stolen asset.”

“The ones who are thinking about digital assets are thinking about it in kind of that debasement hedge part of their portfolio. And it's really attractive because it is highly convex. So you could have a relatively small allocation and it could go up 10 X or it…”

“You kind of have this call option on technology when you buy these assets that you don't have in gold. Like gold will be the same, In 2000 years as it was 2000 years ago, but these assets are going to be different and improved in a year and 10 years and a hund…”

“I think that what people misunderstand is the intent of regulators is to create A sound foundation for digital assets upon which American entrepreneurs and financial institutions can innovate and can build.”

“I think as a fiduciary, we're doing the right thing because I think the market is overpricing all these risks, and that's why the price is low relative to where it will be.”

“We bought, I think this is all public information, we bought over six hundred million dollars of digital assets.”

“What I've learned through this process is that there just aren't good vehicles for them to invest in.”

“Alan's deeply knowledgeable in this space. He has all kinds of investments throughout the ecosystem and is probably the earliest hedge fund person in this space.”

“What you'll see in the case of the capital markets is that securities and other financial products or assets will be issued at the outset as a digital asset”

“But in the same time, you look at like, this is the beginning of a new era, the beginning of a digital assets era. This is like a, this is the same thing as a, let's say internet was 1996 after Netscape and stuff.”