We are excited to share that CoinShares Ventures has invested in Compass Mining, a mining marketplace focused on democratizing bitcoin mining while providing actionable insights through research and media.

I’ve also taken a board seat alongside my friend and long-time collaborator Amanda Fabiano, Head of Mining at Galaxy Digital. We have been consistently impressed by the founding team — Whit, Thomas, and Paul — and share in the team’s vision of opening up access to bitcoin mining for institutions and individuals alike. …

At CoinShares Ventures, we spend a lot of time thinking about politics given our team is in the United States and the United Kingdom, and has been witnessing a very interesting time in both of these political landscapes. We are not political commentators, but it would be incorrect to say we are not political. The aspirations of the crypto ecosystem are inherently political in nature — everything we invest in has some element intended to decentralize, disintermediate, and minimize unnecessary rent seeking — whether by governments, tech oligopolies, or financial intermediaries like brokers and banks.

(sidebar: yes, we are certainly…

We are thrilled to announce that CoinShares Ventures has invested in ShuttleOne (S1). Focusing on South East Asia, S1 is an infrastructure company that builds digital finance systems to support governments, institutions, and B2B platforms. The company provides services in the South East Asia market in trade financing, remittances, and micro-lending, and is building a novel approach to financing working capital using blockchain-based risk management tools and liquidity pools.

I met Zhuang in 2018 at an event in Singapore, and was struck by his passion, drive, and vision for what crypto could do for people. Zhuang started his career running…

We are excited to announce CoinShares Ventures has invested in X-Margin, which is using zero-knowledge technology to bring innovation to risk management and margining.

For the first time, crypto traders can use one pool of collateral to trade across multiple trading venues and counterparties, ushering a new era of capital efficiency in crypto markets and beyond.

As former commodities traders and operators of an electronic trading business, the CoinShares team is all too aware that the lack of clearing solutions in the crypto space leads to inefficiencies for traders looking to maximize return on capital. Darsh, the founder and CEO…

In this three part series, we discuss the past, present, and future of credit markets. In The Past, we discuss the evolution of credit markets in the cryptocurrency ecosystem. In this piece, The Present, we cover new models for alternative credit being implemented in the world of “decentralized finance” or DeFi today. Lastly, part 3, The Future, lays out our perspective on investing in an operating system for digital finance. The entire report will be available on our website www.coinshares.com as a PDF, and we’ll post the link here when it’s published.

So now that we’ve broken down the past…

In this three part series, we discuss the past, present, and future of credit markets. In this piece, we discuss The Past, or the evolution of credit markets in the cryptocurrency ecosystem. In part 2, The Present, we cover new models for alternative credit being implemented in the world of “decentralized finance” or DeFi today. Lastly, part 3, The Future, lays out our perspective on investing in an operating system for digital finance. The entire report will be available on our website www.coinshares.com as a PDF, and we’ll post the link here when it’s published.

Debt and Technology Power the Modern Economy

The world loves leverage. Debt…

We are thrilled to announce that CoinShares Ventures has invested in MenaPay. Focusing on the Middle East and North Africa (MENA) region, MenaPay is on a mission to become the largest digital finance platform serving the 18 countries and 400 million people who live in the region.

One of the challenges in Turkey, the largest consumer economy in the MENA region, is that there is no digital payments solution. While transfers between Turkish bank accounts are streamlined, simple, and relatively cheap, there are no platforms that enable digital payments for people who don’t have bank accounts. …

At CoinShares, we’ve been watching the explosion of stablecoins in the crypto sphere as demand for dollars goes through the roof. We thought it would be interesting to share some of our perspectives, in the below excerpt from an investor newsletter.

In this post, we’ll cover:

• The insatiable thirst for dollars
• The political stakes surrounding central bank digital currencies, also known as CBDCs
• The IMF’s SDR instrument as a potential global reserve currency, and;
• The planned shift away from LIBOR and the general malaise about zero and negative overnight rates in the banking and finance landscape

Insatiable Demand for Dollars and Crypto as the Eurodollar

One of the things…