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MCG
@MCGlive
Exclusive Alpha, Actionable Insight, Interviews M-F 12:00 ET | presented by @MeteoraAG @MetaDAOProject By @ChillTRD, @mynt_josh and @DineroDom0 - bookings
Joined January 2022
135 Following    14K Followers
We broke down @crediblefin's @MetaDAOProject launch (one of the most compelling raises MetaDAO's done to date). The numbers behind it: - $3.5M revenue run rate, growing ~30% month-over-month - Monthly volume from $32M in December to $146M in June - Raised $4M at a $9M valuation, half institutional (they did a road show), half retail - ~$36M in committed capital, only $4M accepted The business: $CRED is a payment processor for emerging markets, bridging a USD payer and a recipient in a local (often hyperinflated) currency, getting legal clarity on both sides and providing the liquidity. Exited founder (@NiceGuyShri) building in a market he already knows.
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