Kraken’s 10 Year Plan With Arjun Sethi

Bullish:

• $KRAKEN - Kraken is viewed positively due to its consistent profitability and disciplined financial approach, suggesting strong fundamentals and potential for growth in the crypto exchange market.

  • “The company's always been profitable and very disciplined about how”

    Arjun·8:47
• $CEFI - Crypto exchanges that maintain the original ethos of the crypto space while adapting to industry growth are seen as valuable long-term investments.

  • “I think what's really important is to make sure that the ethos of why we got into this space in the first place, that foundational cultural set isn't lost when people talk about how much money is being made or how much the assets are going into crypto”

    Arjun·39:15
• $TOKENIZE - Tokenization of traditional assets is seen as an inevitable and significant innovation in the financial sector, potentially revolutionizing how financial assets and collateral are managed.

  • “I think that's inevitable. And I think that's probably the greatest innovation that we're gonna have on behalf of anybody in terms of like how you think about financial assets and collateral.”

    Arjun·42:50
• $EM - Crypto is seen as a potential solution for providing global liquidity access to emerging market companies, addressing the declining trend in traditional capital markets.

  • “Where do you have global liquidity for companies that wanna have access to capital markets? In London, it's been trending down. In England, it's been trending down. In Europe, it's been trending down. Rest of the world doesn't really have access.”

    Arjun·1:00:37
• $STABLES - Stablecoins are viewed as crucial for emerging markets, offering a safe asset class and hedge against local currency inflation risks, particularly in regions like Nigeria, Latin America, and Southeast Asia.

  • “Why is stablecoin on top of crypto rails really important? Again, it might seem obvious, but if you're in Nigeria, if you're in any of the Latin American countries, if you're in any of the Southeast Asia corridors, you care about assets that are safe and you care about assets that are hedged against your own currency inflation risk in some cases.”

    Arjun·47:38

Bearish:

• $TRADFI - Traditional banking institutions are viewed negatively due to their concentration of capital, contrasting with the crypto ethos of individual empowerment and decentralization.

  • “I hate to live in a world where we're just putting more of the capital back into the hands of the institutions versus putting the capital back in the hands of the individual.”

    Arjun·1:08:39