
Ray Hindi & Jake Lynch (L1 Digital) on Crypto Funds, RWAs and DAOs (EP.398)
On The Brink with Castle Island
The Evolution of the Digital Asset Ecosystem
From the start, we had a very simple goal, which was to generate outside's returns to our investors. We used managers that help us source globally and across ecosystems. Back then, what is really interesting is that back then, there was no DeFi in 2018. And if you use that approach by just diversifying with those two funds, you were able to benefit from the tremendous asymmetry that you have in the space.
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