Yoann Turpin (Wintermute) on launching a cryptoasset market making firm (EP. 142)
On The Brink with Castle Island
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Understanding the Business Model and Market Dynamics
The success in raising funding for the business came from individuals who comprehended the business model and had experience with emerging economies. Partnerships with key players like blockchain.com, led by individuals well-versed in market dynamics, have been crucial for understanding scalability. The nature of this business model is not easily grasped by traditional VCs due to its unique market dynamics and need for swift execution.
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