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raagulanpathy
@raagulanpathy
The Stablecoin Guy | Building @kastxyz | Investing @JaffCap | Ex-VP of Circle in APAC
Joined January 2009
1.5K Following    11.9K Followers
This is why @KASTxyz is not for sale. You’re sitting on the greatest liberation of finance in our lifetime, these are gigantic opportunities.
Mastercard closed its $1.8 billion acquisition of BVNK last week, bringing $30 billion in annual stablecoin volume under the card network's roof. Two Mastercard employees at Dinero said the product integration will take two to three years before it fully lands. Zach Hughes: "I was actually talking to an investor who is analyzing all the acquisitions. There's an acquisition spree going on, and he thinks it's just getting started." "He seemed a little disappointed" "He gets it why BVNK or Bridge or even some of these much smaller but still very substantial deals people would want to sell and go for it." "But he felt like there were these amazing rocket ship movers and shakers, and he's worried that they're just gonna get slowed down by being acquired, and they'll no longer be the amazing innovative companies that they were." @drewrogers and @_zacharyhughes on The Daily Yield segment of the live show.
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