Watch the video from this summit on Gamma Prime’s YouTube channel
Summit with Aly Madhavji (Managing Partner at Blockchain Founder Fund), Omar Kanji (Partner at Dragonfly), Sam Hallene (Investor at CMT Digital), Joshua Solesbury (Vice President, Investment Team at ParaFi Capital), Thomas Dunleavy (Head of Venture Capital at Varys Capital), and Juan C. Lopez (Partner at VanEck Ventures)
On February 25th, during ETH Denver at The Thompson Denver, Gamma Prime convened leading figures from capital markets, institutional investment, fund management, compliance, and innovation. The summit was dedicated to exploring real-world applications of emerging technologies aimed at improving efficiency, liquidity, and accessibility across global markets.
Aly (Blockchain Founder Fund)
We can’t really have an extended bull market without insurance really being solved in a decentralized way in this space, and I think that market’s still wide open as an example. So there’s things like this as well that we see as opportunities but that are still largely uncapped.
Omar (Dragonfly)
I think it’s like a tale of two markets really. There’s, similar to what was mentioned earlier, a number of companies that are kind of underwater on their valuations from 21 to 22, and they’re struggling to raise capital or grow into their valuations. And so, certainly we’ve seen some resets there with some creative capital structures.
Sam (CMT Digital)
I think stablecoins are really the canary in the coal mine for most of the financial assets that we know about coming on chain.
Joshua (ParaFi Capital)
I think tokens will start to graduate to look more like some type of equity, where there is a fundamental distribution of value or association with fundamentals.
Thomas (Varys Capital)
These later-stage investors, how do you think about the criteria for if you’re going to follow on to an individual company you’ve already allocated capital to? What are some of the things you think about, what are some of the check marks you think about?
Juan (VanEck Ventures)
It matters very little what chain you’ll use or what service provider you use, but ultimately distribution is key. I think what most of these asset issuers are thinking about is: how do I reach a user base that was previously uncapped for me, whether it be in the U.S. or elsewhere? And how do I remove the friction points for me to actually distribute an asset that’s probably unique to my firm?
