Visa

“I'm going to Asia, Chris calls me, I land in Hong Kong, calls me on a Thursday night, and says, I need eight hundred million by Monday. Ok, fine. So I go to sleep, I wake up Friday morning, I sit on the phone, and raise eight hundred million bucks, call him, a…”

“My personal opinion, which doesn't necessarily reflect the views of WCM as it were, is that the trajectory is narrowing here. The story is getting tougher to believe in today than it was, say, three, four years ago.”

“NFTs are the purest form of e-commerce ever conceived. My friend Kai Sheffield used that phrase, who's the head of crypto at Visa. There's no supply chain. There's no logistics. It's literally straight from the creator to the consumer.”

“So there's a federally chartered bank custodying an NFT, the first digital asset, the first bank ever to have this type of custody of a digital asset, which is kind of cool.”

“So you think of like Visa or a MasterCard or Market access or trade web or something. These companies are, it's gonna be 30 years where they're gonna continue growing, and that growth, it's all inside the moat.”

“If you look at stablecoins today, they're a two hundred and thirty billion dollar market. Those two hundred and thirty billion dollars rotate on chain to the tune of about 27 trillion dollars last year in 2024, which was greater than Visa's total settlement vo…”