BlockSpaceForce

𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐚𝐫𝐞 𝐞𝐧𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐡𝐲𝐩𝐞𝐫𝐠𝐫𝐨𝐰𝐭𝐡 𝐩𝐡𝐚𝐬𝐞 - 𝐛𝐮𝐭 𝐜𝐚𝐧 𝐭𝐡𝐞𝐲 𝐬𝐜𝐚𝐥𝐞 𝐛𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐡𝐲𝐩𝐞? Analysts forecast $1.3 trillion in annual trading volume for 2026. In a recent expert roundup, our Managing Partner Spencer Yang weighs in on the sector's biggest structural challenges. His take: the idea of prediction markets as "universal truth machines" has been overblown. These platforms face the same regulatory obstacles that have governed the gambling industry for decades. 🔗 https://lnkd.in/e22ANCjJ

𝐓𝐡𝐞 𝐀𝐈 𝐛𝐨𝐨𝐦 𝐢𝐬 𝐬𝐢𝐩𝐡𝐨𝐧𝐢𝐧𝐠 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐟𝐫𝐨𝐦 𝐜𝐫𝐲𝐩𝐭𝐨 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬. Investors now have real alternatives with faster revenue visibility. In DL News, our VP of Strategy Charles Chong notes that crypto teams need to be more precise about defensibility, monetization, and value capture - especially as AI offers a very different risk-reward profile. 🔗 https://lnkd.in/dGD9nhgE

Our VP of Strategy, Charles Chong will be speaking at Consensus 2026 on the Global Bitcoin Summit Panel: "Understanding the Next Generation of Bitcoin Layer 2s" 📍 HKCEC: Convergence Stage 📅 Thursday, February 12 ⏰ 10:00 AM HKT (30 mins) The recent bull market has seen an explosion in funding for Bitcoin scaling solutions. Charles will join Gabe Parker of Citrea (Chainway Labs), Diego Gutiérrez Zaldívar of RootstockLabs, and Alice Hou of Messari to explore the current Bitcoin L2 landscape and discuss how next-generation scaling is being brought to market. If you're attending, don't miss this session. 🇭🇰 #ConsensusHK #Bitcoin #Layer2

𝐕𝐂𝐬 𝐩𝐨𝐮𝐫𝐞𝐝 $1.4𝐁 𝐢𝐧𝐭𝐨 𝐜𝐫𝐲𝐩𝐭𝐨 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 - 14% 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐥𝐚𝐬𝐭 𝐲𝐞𝐚𝐫. In DL News' latest roundup, our Managing Partner Spencer Yang weighs in on why institutional capital continues flowing into crypto infrastructure despite market volatility. 🔗 https://lnkd.in/gNhPuABd

𝐓𝐡𝐞 𝐃𝐀𝐓 𝐛𝐨𝐨𝐦 𝐢𝐬 𝐟𝐚𝐜𝐢𝐧𝐠 𝐢𝐭𝐬 𝐟𝐢𝐫𝐬𝐭 𝐫𝐞𝐚𝐥 𝐬𝐭𝐫𝐞𝐬𝐬 𝐭𝐞𝐬𝐭 - 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐛𝐮𝐲-𝐚𝐧𝐝-𝐡𝐨𝐥𝐝 𝐦𝐨𝐝𝐞𝐥 𝐢𝐬 𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠. Nearly 40% of digital asset treasury companies are now trading below their net asset value, up from roughly 15% in mid-October. Markets are signaling that passive accumulation is no longer a viable business strategy. In his latest piece for crypto.news, our Managing Partner Spencer Yang argues that crypto treasuries must evolve into businesses that generate real revenue and operational value. 🔗 Full article: https://lnkd.in/gTCxQHBh

Excited for what the future of the industry builds this year. https://lnkd.in/gXXUDcis

𝐂𝐫𝐲𝐩𝐭𝐨 𝐦𝐚𝐲 𝐥𝐨𝐨𝐤 𝐪𝐮𝐢𝐞𝐭, 𝐛𝐮𝐭 𝐜𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐰𝐡𝐚𝐭’𝐬 𝐡𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐛𝐞𝐧𝐞𝐚𝐭𝐡 𝐭𝐡𝐞 𝐬𝐮𝐫𝐟𝐚𝐜𝐞. In his latest Newsweek article, our Managing Partner Spencer Yang breaks down why this phase marks a reset toward fundamentals - with maturing infrastructure, deeper institutional participation, and less reliance on speculative momentum. 🔗 https://lnkd.in/gz-4rdfx

𝐂𝐫𝐲𝐩𝐭𝐨 𝐟𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐢𝐧𝐠 𝐢𝐧 2025 𝐡𝐚𝐬 𝐚𝐥𝐫𝐞𝐚𝐝𝐲 𝐭𝐨𝐩𝐩𝐞𝐝 $25𝐁 - 𝐰𝐞𝐥𝐥 𝐛𝐞𝐲𝐨𝐧𝐝 𝐞𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧𝐬. In DL News roundup of the year’s largest raises, our VP of Strategy Charles Chong explains why this surge reflects a deeper shift: the growing convergence of crypto, fintech, and traditional finance. As Charles notes, capital is flowing toward businesses building real infrastructure - where blockchain improves settlement, custody, and programmability, largely behind the scenes. 🔗 Full article: https://lnkd.in/g_3gYX3u

2026 𝐢𝐬 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐨𝐛𝐯𝐢𝐨𝐮𝐬 𝐧𝐚𝐫𝐫𝐚𝐭𝐢𝐯𝐞𝐬 𝐚𝐫𝐞 𝐬𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐭𝐨 𝐭𝐚𝐤𝐞 𝐬𝐡𝐚𝐩𝐞. 💡 One of them: operating crypto companies breaking into broader mainstream adoption. Our Managing Partner Spencer Yang points to platforms like Coinbase expanding beyond core crypto use cases - a key step toward bringing digital assets to a much wider, everyday audience.

𝐀𝐈 𝐢𝐬 𝐛𝐞𝐜𝐨𝐦𝐢𝐧𝐠 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐧𝐞𝐰 𝐟𝐫𝐨𝐧𝐭𝐢𝐞𝐫 𝐟𝐨𝐫 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐦𝐢𝐧𝐞𝐫𝐬. WIRED spoke with our VP of Strategy, Charles Chong, to unpack why. He highlights how rising costs and tighter economics are pushing operators to explore higher-value compute to stay competitive. 🔗 Full article: https://lnkd.in/dTqZjhSF