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Crypto lost about half its market cap in a year. You’d think usage would fall with it. (barely moved) - Onchain value moved: −1.6% - In-country stablecoin transfers (P2P): nearly 5x - Latin America’s crypto economy: +9.8% - #1 in adoption (out of 117): Brazil Emerging markets
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Brix welcomes @turgutalpgunal as Chief Investment Officer. Turgut joins from Azimut Group with seven years in asset and fund management and $10B+ in assets overseen. At Brix, he leads investment strategy as we bring non-US markets onchain.
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$NVDA is about 8% of the S&P 500, and that already worries investors. TSMC is over 15% of the MSCI Emerging Markets index. About twice that. Add Samsung and SK Hynix, and three chipmakers are about 30%. So if you buy an MSCI emerging-markets fund like $EEM for the growth story,
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Brix is not affected by the security incident at Binance. User funds are safe and everything is operating normally. Wishing the Binance team a fast recovery.
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Brix partners exclusively with @Lighter_xyz to bring institutional desks from non-US markets onchain.
14 replies·35 reposts·147 likes·28K views