Like it or not, agree or disagree, millions of people have decided to ascribe value to digital assets. In doing so, the management, exchange, storage and reporting (amongst others) of these assets MUST be subject to regulation and consumers have a right to expect those that hold their wealth to operate next to a set of rules that have been battle tested and refined over years.
With the move away from proof of work, Ethereum mining will no longer be viable as of next week, leading many to ask us where this leaves us with the % of mining equipment we have collectively dedicated to ETH.
A3 Finance are advocates for the privacy and transparency that crypto brings, but we also recognize the need for some regulation: anyone that stands in a space of no regulation need only to look at Celsius and BlockFi to see what can happen.
We’re pleased to announce that Baraqiel has been invited to participate in Borderless Capital’s new fund and one of our portfolio companies, Ripio, has just launched a new token with Mercado Libre, the largest online marketplace in Latin America.