Announcing our investment in UNIGRID https://t.co/KiK2GCPUwt
USV has been investing in the digital asset sector for over a decade. We believe that blockchain technology allows for the creation of open, transparent, and efficient marketplaces that deliver value to consumers and creators. USV also believes that most digital assets are not securities and are more similar to commodities, currencies, loyalty points, tickets, art and many other well understood assets that are not regulated by the SEC. And yet the SEC continues to attack well intentioned innovators who are building digital asset businesses like our portfolio company Uniswap Labs which received a Wells Notice today. We have long argued that Congress must act to write and pass legislation that gives companies in the US a roadmap for how to legally build digital asset businesses. In the absence of that, the digital asset sector will have to make their cases in the court of law and we are confident they will prevail there.
Excited to see our portfolio company @primitives_xyz expand their footprint in Web3 social with the launch of the Primitives Protocol:https://t.co/R9FauPJp9S
New Blog Post: NFTs Have Evolved, NFTs Endure by @uninsightful https://t.co/jwL8q5p36d