2min chapter

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EP 21: Aztec’s Jon Wu Joins Zach’s Crypto Debate, Plus the Celsius Disaster & Crypto as Bird Talons

The Logan Bartlett Show

CHAPTER

Tokens Aren't Regulated, Right?

"This is an unregulated way for me to put my finger way on the scale in a way that wouldn't be possible with equity, and and disproportionately create value," he says. "We don't have a warn buffet, graham and dodd like valuation framwork." He adds: "There's no price to book. There's no ebita ... It's just whatever the market thinks this thing is worth"

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