Launching $1B Fund for Next‑Gen Finance & AI
Today we’re announcing $1 billion in new funds to back the bold founders shaping the next era of finance and technology. I’ve been following the flow of assets my entire career and have never seen a more dynamic time. Financial infrastructure is being rebuilt from the ground up, new assets and markets are emerging, and an agentic economy is developing as AI agents begin to transact on behalf of humans. These areas, among others, are what will define the coming years as we deploy these new funds. We’re excited for what’s ahead, and wrote about our thesis in the post below.
SEC Grants DeFi Frontends Temporary Safe Harbor
The SEC just gave DeFi frontends a meaningful signal: if you're not custodying assets or executing orders, we won't come after you. Most detailed safe harbor yet. But it's not a rule, it expires in 5 years, next administration can...
Doubling Down on XFX: $17M Series A Boost
Continuing to stack our stablecoin portfolio as we double down on @OfficialXFX. Congrats to this talented team that we're proud to work with as they help architect the future of finance.
AI Agents Will Require New Machine‑Centric Financial Rails
Great to be on @SquawkCNBC with @andrewrsorkin. My take: --> AI will drive increased financial activity --> AI agents will eventually transact and exchange value on our behalf This means we'll need new financial rails designed for machines. The future of finance will...
Coinbase Partnership to Redefine Truth Through On‑chain Markets
Congrats Toni and @theclearingco team 🎉 With @coinbase’s scale and credibility, this team will help define how the world discovers truth through onchain markets.
Lighter_xyz Secures Funding to Advance Decentralized Trading
Congrats to @vnovakovski and the @Lighter_xyz team on their raise from a world-class set of partners including @foundersfund, @RibbitCapital, and @RobinhoodApp. An exceptional founder and team driving the next evolution in decentralized trading. https://t.co/K12E5yFILt