Scenius Capital

Must listen episode with three of the top CIOs in the liquid token markets

🚨 Scenius Studio (Episode #49) In this episode, I sit down with Christopher Rhine, CFA, Head of Liquid Active Strategies at Galaxy. Chris spent the last two decades trading a variety of instruments and asset classes at Cohen & Steers and BlackRock. Now, Chris uses his wall street experience to develop and manage highly institutional investment products that offer LPs a risk mitigated long-only approach to the liquid token markets. In this episode we discuss: ➔ Frameworks from trading traditional assets that Chris brings over to liquid token investing ➔ The risk engine he has built at Galaxy ➔ How Chris pitches crypto and liquid token investing to institutions who haven’t previously allocated to the asset class ➔ Why Galaxy doesn’t charge performance fee on its active liquid strategy ➔ Explaining the impact of tokenization to RIAs ➔ Operational best practices ➔ Crypto’s correlation to other asset classes and how institutions should think through their exposure to the industry ➔ The most important drivers for liquid token prices ➔ Perspective on the upcoming elections and potential outcomes from BTC and alts ➔ Chris’ spiciest takes 🌶️ Hope you enjoy this episode of Scenius Studio. Links to listen below👇 Spotify: https://lnkd.in/gRg2skeU Apple: https://lnkd.in/gA-DRZgS

🚨 Scenius Studio (Episode #49) In this episode, I sit down with Christopher Rhine, CFA, Head of Liquid Active Strategies at Galaxy. Chris spent the last two decades trading a variety of instruments and asset classes at Cohen & Steers and BlackRock. Now, Chris uses his wall street experience to develop and manage highly institutional investment products that offer LPs a risk mitigated long-only approach to the liquid token markets. In this episode we discuss: ➔ Frameworks from trading traditional assets that Chris brings over to liquid token investing ➔ The risk engine he has built at Galaxy ➔ How Chris pitches crypto and liquid token investing to institutions who haven’t previously allocated to the asset class ➔ Why Galaxy doesn’t charge performance fee on its active liquid strategy ➔ Explaining the impact of tokenization to RIAs ➔ Operational best practices ➔ Crypto’s correlation to other asset classes and how institutions should think through their exposure to the industry ➔ The most important drivers for liquid token prices ➔ Perspective on the upcoming elections and potential outcomes from BTC and alts ➔ Chris’ spiciest takes 🌶️ Hope you enjoy this episode of Scenius Studio. Links to listen below👇 Spotify: https://lnkd.in/gRg2skeU Apple: https://lnkd.in/gA-DRZgS

Great episode with a top China-focused GP. Check it out!

Great episode of Scenius Studio with one of the top institutional allocators in the industry.

🚨 Scenius Studio (Episode #45) In this episode, I sit down with Travis Scher, Co-Founder and Managing Partner of North Island Ventures. Travis began his crypto career in 2015 where he led the venture team at Digital Currency Group. After leaving DCG, Travis launched North Island Ventures alongside Glenn and James Hutchins. Travis invests across a range of blockchain categories and possesses strong opinions about the entrepreneurs and ideas that will bring blockchain to the masses. In this episode we discussed: ➔ Travis’ response to Naval Ravikant’s salty take about crypto VCs ➔ The current competitive landscape among blockchain venture firms ➔ How the typical founder profile has evolved since Travis first started investing at DCG ➔ What a regulated non-L1 token could ultimately look like ➔ Prediction markets and why the current hype might be over-bought ➔ The politicization and partisanship of blockchain and bitcoin ➔ What Travis would pitch the Republican and Democratic leadership on if he had 30-seconds to do so ➔ Lightning round: ETH Spot ETF, BTC vs everything else, and Solana vs. ETH trading volumes ➔ Travis’ spiciest takes 🌶️ Hope you enjoy this episode of Scenius Studio. Links to listen below👇 Spotify: https://lnkd.in/gMyYayPz Apple: https://lnkd.in/g_AMy2jg

🚨 Scenius Studio (Episode #44) In this episode, I sit down with Carlos G. Pereira, Partner at BITKRAFT Ventures. BITKRAFT is a premier gaming focused venture firm and Carlos is the lead investor for their crypto-dedicated fund. His perspective into the innovation that crypto uniquely unlocks within gaming is insightful. Moreover, his assessment of the current blockchain gaming ecosystem highlights his experience investing in the sector and the observations he and his team have earned across cycles. In this episode we discussed: ➔ The history of BITKRAFT and the firm’s decision to launch a crypto-dedicated gaming strategy ➔ The impact of gaming on younger generations and their digital-first approach to the world ➔ Categories within gaming that BITKRAFT invests in ➔ The three phases of crypto’s disintermediation of the gaming industry ➔ On-chain games. What does it mean in practice and what is possible with 100% blockchain-based games? ➔ Different formats (mobile, VR, desktop) and how they will evolve with crypto ➔ Blockchain gaming is under heat for not producing the results everyone has been expecting. Where are people’s negative judgements misplaced? ➔ Post-mortem of play-to-earn ➔ Venture dynamics in crypto gaming given the long-duration of game development and the incongruence of fast-paced token launches ➔ Will crypto be integrated into existing AAA games or will a new AAA game emerge with blockchain embedded in the game’s infrastructure ➔ Carlos’ spiciest takes 🌶️ Hope you enjoy this episode of Scenius Studio. Links to listen below👇 Spotify: https://lnkd.in/gftbp_aA Apple: https://lnkd.in/gUwDJq4a

Haseeb is one of the greats.

🚨 Scenius Studio (Episode #42) In this episode, I sit down with Min Teo, Co-Founder and Managing Partner of Ethereal Ventures. Together with Joseph Lubin, Min leads one of the industry’s most well-respected early-stage venture firms. With an impressive track record that includes seed stage bets in EigenLayer and Aztec Protocol, Min has a knack for uncovering blue ocean categories and companies before they become consensus. In this episode we discussed: ➔ Reflections on Min’s investments from her time leading Consensys’ venture arm ➔ Ethereal’s position as a seed stage firm and what they do to help early-stage projects reach crucial milestones ➔ Information flow in crypto and the corresponding competition that quickly emerges around promising ideas ➔ Intents and developer tooling as categories that still need funding and growth ➔ Founder and VC incentives around token launches and how the game is evolving ➔ The rapid rotation of capital and the current tension between VC backed projects and retail-dominated memecoins ➔ How Min would explain the fundamentals of crypto to a traditionally-trained investor ➔ Consensys suing the SEC and the rally call for crypto companies to stand together again regulatory overreach ➔ Min’s spiciest takes 🌶 Hope you enjoy this episode of Scenius Studio. Links to listen below👇 Spotify: https://lnkd.in/g8yXu9ie Apple: https://lnkd.in/gVAAuxhg

🚨 Scenius Studio (Episode #41) In this episode, I sit down with Michael Dempsey, Managing Partner of Compound. At Compound, Michael oversees investments in AI/ML, robotics, biology, and of course crypto. His cross-industry knowledge and deep understanding of blockchain-native challenges and commercial opportunities makes him stand out from the crowd. In this episode we discussed: ➔ The cross-pollination of ideas and commercial frameworks between non-crypto verticals and crypto ➔ The overabundance of blockspace and why VCs are to blame ➔ Publishing investment theses online and the benefits of publicly sharing strong opinions ➔ What would happen to token prices if the SEC declared that they were NOT securities ➔ Power laws in crypto and whether they apply to the asset class ➔ The AI community’s perspective of crypto and how they receive certain decentralized AI projects ➔ Continuously honing your edge as a venture investor to prevent alpha decay ➔ Michael’s spiciest takes 🌶 Links to listen below👇 Apple: https://lnkd.in/gxZzgYmX Spotify: https://lnkd.in/gnpvUhAn