Patryk @Solofunk

New RWA just launched, and it could set a precedent. ARK Venture Fund by @ARKInvest is an SEC-registered fund available to retail investors that invests in both public (@SpaceX, @Figure) and private companies (@OpenAI, @Kalshi, @AnthropicAI). The fund is tokenized on Ethereum by @Securitize, with tokens minted and delivered to your wallet T+1. ARK will offer up to 5% redemption liquidity quarterly. This is where instant liquidity providers like @FissionXYZ and @multiliquid_xyz can step in to offer a quicker exit. The fund is open to investors regardless of accreditation, and if instant liquidity is available, $ARKVX could become collateral on DeFi protocols like @Morpho. The @SECGov approving this move may set a precedent. Tokenized share classes could become a standard feature for registered funds, rather than requiring one-off bespoke relief each time.

Carlos Domingo @carlosdomingo

16 hours ago

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Patryk @Solofunk

15 hours ago

Programmatic finance can't function when RWAs settle tomorrow. @multiliquid_xyz enables instant swaps for funds tokenized by @centrifuge, @SuperstateInc, @Securitize, and others. Liquidity makes RWAs usable as DeFi collateral, yield-bearing treasury assets, and working capital.

Serotonin @serotonin_hq

16 hours ago

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Patryk @Solofunk

a day ago

@dr1ps3t @rocketinspirit It does a little dollar cost averaging

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Patryk @Solofunk

a day ago

@0xbaba Agree x.com/solofunk/statu…

Patryk @Solofunk

a day ago

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Patryk @Solofunk

a day ago

Conviction∎ Academic. Analytical. Editorial. Structured. Measured, Precise. Methodical. Sourced.

Patryk @Solofunk

3 days ago

The numbers Mason, what do they mean?!

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Patryk @Solofunk

a day ago

@RobAnon Congrats!

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Patryk @Solofunk

a day ago

@token_works @CirrusNFT @Xeer @Real_Pretzl @brydisanto @xPeaceLandBread @nayver @Defi_Scribbler @troverdottech @cozymaximalist What happens when @elonmusk takes notice? x.com/edugrooves/sta…

edugrooves @edugrooves

2 days ago

I wonder if @elonmusk noticed that 7,162~ X accounts and 25,225~ unique wallets participated in @jackbutcher Open Edition at $8 per using @XMoney The total supply is around 122,154 @ $8 which is around $977,232 that was sent using X Money

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Patryk @Solofunk

a day ago

Doubled down on $CREDITSTR by @token_works. Market cap is $900k. Treasury holds $850k in ETH + $98k in Credit NFTs. Total value is $948k. $CREDITSTR is trading at 0.95x NAV. Can't help but feel this is underpriced. All Credits are now circulating. There is no more overhang. Floor price is ranging around a healthy $60. CreditStrategy is actively cornering supply and is already the largest holder with 1.25% of all Credits. Even if the floor drops, 89.6% of CreditStrategy's ETH remains to bid it. ETH runway is currently 7.2 days and should last until burning for Statements goes live next week. Only a matter of time before floor price bottoms and the flywheel begins.

Patryk @Solofunk

2 days ago

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Patryk @Solofunk

a day ago

@token_works Trading below 1x NAV 👀 x.com/Solofunk/statu…

Patryk @Solofunk

a day ago

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Patryk @Solofunk

2 days ago

@Groovy_HQ Nice one

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Patryk @Solofunk

2 days ago

@token_works Smart move

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Patryk @Solofunk

2 days ago

I missed out on the @jackbutcher mint. Bought $CREDITSTR by @token_works to compensate. Finally looked into this post-mint and was captivated. There are 122,080 Credits. You can burn 80 of them to create a Statement. There will only ever be 1,526 Statements. The art is sick. Floor price for Credits is ranging, currently at $88, with the NFT distribution ongoing. $CREDITSTR is trading at $1.5M market cap, with the CreditStrategy treasury at ~$950k. Only ~2.2% of the treasury has been deployed to purchase Credits. The price of Credits is likely to drop from these levels as more are distributed tomorrow, but with a week until they can be redeemed for Statements, a lot can happen... Trading activity and speculation on Credits will continue, leading to $CREDITSTR volume. That would generate fees and grow the treasury. CreditStrategy could become the largest holder of Credits. Demand for Statements could be high. A lot of people are excited. I don't recall a @token_works strategy launching simultaneously with a hyped NFT launch like this. Onchain szn is here. There have been murmurs of NFTs heating up. Is a squeeze on Credits in the cards?