Ryan Selkis (Messari) on Crypto Theses for 2024 (EP.491)
Dec 25, 2023
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Ryan Selkis, co-founder and CEO of Messari, discusses the regulatory landscape, institutional market, failures of the SEC, and Messari's roadmap in 2024. They also talk about the evolution of the 'crypto theses' report, the role of Michael Sanichan and Craig Salm in the ETF conversation, regulatory issues and industry activism, building Massari, and the launch of new protocols and comparison with Ethereum.
The regulatory battles in Washington are crucial for shaping the future of the crypto industry.
The efforts of Michael Sonnenschein and Craig Salm of Greyscale have pushed the SEC to take ETFs more seriously, potentially leading to mainstream adoption of crypto.
Deep dives
The Importance of Regulatory Battles
The podcast discusses the institutional landscape and the regulatory battles currently taking place in Washington. It emphasizes the significance of these battles in shaping the future of the crypto industry and highlights the role of key figures such as Ryan Selkis in advocating for crypto-friendly regulations.
The Role of Greyscale in the ETF Conversation
The podcast explores the important role played by Michael Sonnenschein and Craig Salm of Greyscale in advancing the conversation around ETF approval by the SEC. It suggests that their efforts have been instrumental in pushing the SEC to take ETFs more seriously and discusses the potential impact this could have on mainstream adoption of crypto.
The Need for Coordinated Industry Advocacy
The podcast emphasizes the importance of coordinated industry advocacy in the face of regulatory challenges. It discusses the need for the crypto industry to coalesce around common issues and actively engage in political and lobbying efforts. It presents initiatives such as Coinbase's 'Stand with Crypto' campaign and the Fair Shake super PAC as examples of industry efforts to influence regulatory outcomes and protect the interests of crypto users.
The Evolution of Massari and Future Plans
The podcast highlights the evolution of Massari as a market intelligence platform and protocol service provider. It discusses the features and functionalities of the Massari platform, including the deal dashboard and API access. It also provides a glimpse into future developments, mentioning the upcoming launch of MSRI AI and the addition of new protocols to the platform in 2024.