Last week,
@a16zcrypto announced its $2.2B crypto fund focused on building during the utility phase.
The point from the report stood out clearly:
Crypto is shifting from speculation toward real-world utility, with stablecoins, onchain finance, and institutional adoption becoming the foundation of the future financial system.
Even major funds are moving in this direction.
At Lucid, we’re also happy to be building for this future with our yield-bearing stablecoin solution, Nebula 🫡