Crypto’s in a 20-Year Secular Bull Market | Weekly Roundup

Bullish:

• $QQQ - Rob's largest personal holding outside his fund, reflecting his bullish stance on technology broadly

  • “Probably my single biggest holding that is not my fund ownership in Dragonfly is that I'm long q q q.”

    Rob·23:41
• $WU - Santi sees deep value in Western Union at 4x PE with stablecoin partnership catalyst, betting $10,000 it will outperform Solana over six months

  • “Six months from now, Western Union outperform Seoul.”

    Santi·49:43
• $AI - Rob sees unprecedented growth in AI companies, with Anthropic potentially growing 10x from $1B to $10B in revenue

  • “I don't think I've ever seen anything like this. Anthropic is probably gonna grow 10x this year again. It's gonna grow from 1 billion to 10 billion in top line.”

    Rob·25:11
• $CRYPTO - Jason believes crypto is entering a 20-year bull market, comparing current state to the internet in 2003-2004 after the boom-bust cycle

  • “2025 is a line in the sand moment for the industry. I think where we are is kind of 2003, 2004 for the Internet. Like, boom, bust, rebirth. We're entering a twenty year bull market for the industry.”

    Jason·14:57
• $TOKEN - Rob believes tokenized assets will explode, seeing secular tailwinds behind tokenization

  • “There is a secular tailwind right now behind tokenization. There are I think a lot of people believe, and I'm one of them, that their the tokenized asset space is going to absolutely explode.”

    Rob·28:27
• $DATA - Jason reports Blockworks' data analytics business has grown several hundred percent with extreme product-market fit

  • “The recurring revenue side of the business has grown like several 100% this year. And it's the first time in basically eight years where we have extreme product market fit.”

    Jason·18:41