Summary of How A $47B Hedge Fund Invests in Crypto - Avi Felman, GoldenTree, Ep 221

00:00:00 - 00:45:00

In the video, Avi Felman from GoldenTree discusses the company's investment strategy in cryptocurrency. He notes that while it can be harder to get consensus on investments in cryptocurrency than in traditional markets, there are some benefits to this, such as the increased exposure to the projects.

• 00:00:00 Avi Felman, a veteran trader and current head of trading at GoldenTree, discusses his recent investment in sushi and how it relates to his previous experience in traditional finance. He also describes his experience at block tower Capital and how it shaped his view of crypto.
• 00:05:00 In this video, Avi Felman from GoldenTree discusses their investment strategy of investing in crypto and their view on the future of the market. He also discusses their recent investment in GK Roll-Ups, a crypto native project. He believes that as more sophisticated funds enter the market, we will see a move away from the current narrative-driven market cycles.
• 00:10:00 The author of the video discusses how a $47 billion hedge fund invests in cryptocurrencies and how the barrier to entry is becoming lower. He also discusses how the market is becoming smarter and more efficient over time, which is good news for investors.
• 00:15:00 This video discusses the influx of dollars into the private crypto markets, and how this has led to increased competition and downward pressure on returns for VC funds. However, the author believes that there are still opportunities for investors in liquid token markets.
• 00:20:00 Avi Felman of GoldenTree discusses his investment strategy in crypto, which includes looking at a variety of markets and betting with both short-term and long-term capital. He recommends that traders first look at the underlying asset and fundamental value before making any trades.
• 00:25:00 This video discusses how a $47B hedge fund invests in cryptocurrencies, focusing on Avi Felman's experiences at GoldenTree. Felman explained that while there are no gas fees on Starkware layer 2, which is where dydx is built, this brings me to my next point: it's incredibly fast. Unlike other layer 2 and high speed dexes, you don't actually have to wait to withdraw your assets anymore. Additionally, by using stockware, users gain increased security and privacy. My personal favorite feature of dydx is the cross margin feature, which means that users can seat one account with usdc and trade across multiple markets from there without needing to start sub-accounts. The iOS mobile app is also live right now and it's amazing because it's compatible with metamask coinbase wallet, coin 98 hobby wallet, and a lot of the most popular mobile wallets. Finally, one exciting opportunity at dydx is their competitions, which have won over 95,000 rewards so far. If you're already trading, dydx recommends that you get paid to do it so head on over to dydx.exchange to learn more.
• 00:30:00 The video discusses how a $47 billion hedge fund invests in cryptocurrencies, citing the example of Ethereum. It states that, historically, cryptocurrencies have been driven by flows of optimism and hype, rather than by real value. This may change in the future as products start to differentiate themselves and smart investors enter the market.
• 00:35:00 GoldenTree, a $47 billion hedge fund, has invested in a cryptocurrency, sushi. The investment is in part due to the team's good reputation and the lack of established leadership in the space. The company is planning on using the capital to improve their protocol.
• 00:40:00 The video discusses how a $47B hedge fund, GoldenTree, invests in crypto, and how it differs from traditional corporate takeover processes. The hedge fund has faith in the community and is not here to force anything out.
• 00:45:00 In this interview, Avi Felman, co-founder and CEO of GoldenTree Asset Management, discusses how his firm invests in cryptocurrency and how they make sure to build good relationships with the key people on the team in order to get consensus on investments. He also notes that because cryptocurrency is a small world, any investor can quickly become aware of what projects GoldenTree is investing in and provide feedback. Felman says that while it can be harder to get consensus on investments in cryptocurrency than in traditional markets, there are some benefits to this, such as the increased exposure to the projects. He also mentions that VIP members of the blockbridge podcast can learn more about how to invest in cryptocurrency from exclusive interviews with himself and other analysts from top funds and companies in the space.