Crypto Cheerleader Pomp Discusses Bitcoin’s Future Developments With Vision Hill’s Dan Zuller
With the crypto market once again being faced with long-term bullish prospects, investor confidence in currencies such as Bitcoin seems to rising.
This is highlighted by the fact that BTC recently broke past it's all-important $5K resistance barrier— thereby pushing the overall market capitalization of the alt-asset domain over the $160 bln mark.
In the wake of the above stated developments, Morgan Creek Digital Found Anthony ‘Pomp’ Pompliano recently spoke with Dan Zuller — Partner at Vision Hill Advisors — about a number a different topics related to the the field of crypto and blockchain technology.
New episode live with @danzuller!
We discuss fund of funds in crypto, what investing strategies are enticing right now, how due diligence of asset managers works, and what institutions are thinking about their crypto allocations today.
Listen & Learn!!https://t.co/l3paEVWvAu
— Pomp 🌪 (@APompliano) April 1, 2019
More on the Subject
During the course of the podcast, Pomp asked Zuller a host of questions including why he thought the cryptocurrency industry was such an “enticing prospect” for budding investors across the globe.
On the subject, Zuller added that owing to the long-term viability of cryptocurrencies, more and more young people were beginning to recognize the utility of this budding asset class.
Additionally, when questioned as to what exactly the concept of “fund-of-funds” meant (within the realm of altcoins), Dan Zuller stated that in the context of crypto, a “Fund of Funds” offering could be thought of as a fund comprising of individual hedge funds as well as other smaller investments.
Not only that, he then proceeded to say:
In crypto, there is development every single day. Fund of Fund can capitalize on the many different trends going on in the cryptocurrency space. When we work on fund to fund, we mainly look at the massive opportunities in front of us. It will capitalize on the different time horizons and the risks associated with those.”
The Future of Altcoins
While dissecting some of the key the issues that lay ahead for the crypto market, Dan made it abundantly clear that alt-assets like Bitcoin, Ethereum were still in their infancy and therefore there was still a lot of work that needed to be done in order for them to enter the financial mainstream.
In regards to the matter, he also said that the general public still viewed the cryptocurrency industry with a certain sense of ambiguity— primarily because they did not understand what this new asset class was truly capable of.
Zuller also pointed out the following facts to Anthony during their conversation:
- The total valuation of all private VC-backed crypto projects (that are not available for public trading) in existence today lies somewhere between the $10 billion – $15 billion mark.
- According to experts, the total growth potential of this domain is touted to be somewhere near the $15 billion- $20 billion region.
In closing out this piece, it should be pointed out that Pompliano’s company was recently in the news when it signed an agreement with Ikigai Asset Management so as to help boost global efforts to increase the mass adoption of cryptocurrencies.
In regards to the matter, an official press-release recently issued by Morgan Creek Digital reads as follows:
“Morgan Creek Digital announced today that it will be the lead anchor investor in Ikigai Asset Management’s flagship fund focused on executing systematic and fundamental liquid hedge fund strategies as well as opportunistic venture-stage crypto asset investments. Ikigai is a crypto asset management firm launched in December 2018 by former Point72 Portfolio Manager Travis Kling and partners Timothy Lewis, and Anthony Emtman.”