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The crypto-native advantage, according to CL from eGirl Capital

The crypto-native advantage, according to CL from eGirl Capital

FromThe Scoop


The crypto-native advantage, according to CL from eGirl Capital

FromThe Scoop

ratings:
Length:
37 minutes
Released:
Mar 18, 2022
Format:
Podcast episode

Description

For those unfamiliar with the term “anon”, it refers to the prolific but anonymous identities that many veteran crypto investors use to discuss projects and express views on the market without revealing details of their personal lives.
Out of the legion of such popular anon accounts on Twitter, the members of a syndicate known as “eGirl Capital” have established large followings due to their commentary, research and investment in cryptocurrency.
In this episode of The Scoop, CL, an anon from eGirl Capital joins host Frank Chaparro to discuss how the group formed and why they are able to operate so cohesively.What started out in 2020 as a simple group chat between friends became reality when one of the group’s members registered eGirl Capital as a legal entity.
While not a VC firm in the traditional sense, the establishment of a legal entity paved the way for eGirl Capital to participate in deals together. At a time when established firms such as Bain Capital are entering the crypto space, CL believes the crypto native anons of eGirl Capital have an edge in terms of spotting quality projects.
While being crypto-native gives the group much more experience and knowledge than the traditional financial institutions who are trying to enter the space, eGirl Capital also benefits from their lack of traditional corporate structure.
“There is no founder, no head trader...and none of us are getting paid, except for a few interns,” CL said.
In regards to potential deals, the decision must be unanimous: “If one person is very firmly ‘no’ then it’s a no.”/

This episode is brought to you by our sponsors Fireblocks, Coinbase Prime & Chainalysis
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 725 financial institutions, has secured the transfer of over $1.5 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. For more information, please visit www.fireblocks.com.
About Coinbase Prime
Coinbase Prime is an integrated solution that provides institutional investors with an advanced trading platform, secure custody, and prime services to manage all their crypto assets in one place. Coinbase Prime fully integrates crypto trading and custody on a single platform, and gives clients the best all-in pricing in their network using their proprietary Smart Order Router and algorithmic execution. For more information, visit www.coinbase.com/prime.
About Chainalysis
Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Our data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.
Released:
Mar 18, 2022
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.