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Superstate: Unlocking On-Chain RWAs | Rob Leshner

Empire

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The Toughest Thing About Running a Company That Had Goed Into the Third Stage

CFI was a company that went into what I'd call the third stage of its life. Its first product, compound treasury, was for institutions to get benefits of d5 without using it themselves. CFI got 33 really cool institutional users and customers for the product. And then CFI blew up. It was like, everybody who was in the business of like, give us your money, like trust us, like we'll make it work correctly and safely proved that wasn't gonna happen.

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