Andrei Grachev - Changing the Crypto World Order - TOKEN2049 Dubai 2025

This day I would like to invest uh into this historical pages that how they will look like in I don't know maybe 10 to 20 years because the things that are going on on the markets and globally in terms of financial landscape in terms of like crypto environment They are completely different than they were like a few years ago and they started like a few years ago and last year these uh changes have been uh speeded up and uh let's move forward. You could see that we see Ethereum which cannot go up anyway and it needs some changes uh because of leadership and central but let's move um last uh cycles and from 2017 OG should remember all these new projects or all old projects they that have been driven by OG's by uh some funds by investor ed by some big names. They were always going up and every listing was like a masterpiece. Every token was like a masterpiece. People was in hurry to buy.

People was in hurry to participate on some sales ideal platforms on central. What is going on now? Even if you take a look at anything whatever is running by something disruptive or something like okay it's backed by uh someone it's backed by someone invested by this fund the result is almost like 95% is the same it's going down and especially if like some old names they try to push something it's going down even faster. This is the market environment that it will that we work with now. But it is not bad.

Of course, it's more complex than when you can invest randomly made money. But this creates a lot of opportunities because a lot of good projects, a lot of good companies, a lot of smart people uh are available for investments are open for uh meaningful cooperations because they really need it. And you can identify a real build builders now from someone who just wants to capture some positive draft on the market which is very very important in general. If you consider crypto like a crypto you remember 2017 Bitcoin has been fighting against banks. Now Bitcoin is like a bankable asset.

It is not from my point of view like an asset. It's not a crypto anymore. It is ETFs. It is uh in some government reserves like countries and governments they invest into BTC. They make this like tradable in banks among uh trade which is not bad but it is uncorrelated from crypto.

Now you could see BTC is up tokens are down because no retail no crypto flesh blood is coming to the market. That's where we stay in. You see no fresh blocks. That's as I said BTC app tokens are down. Why?

Because nothing interesting happened. Uh no cheap money here. Uh no quantitative easing, no Q&A from the US, no helicopter money in China and other countries that could push it up, right? But in general, everything is kind of stable but very fragile. You see like a few weeks ago just 500k traded orders collapsed like 20 or 30 quite strong and uh kind of reputable coins on the market like it's crashed them for 50 70% minus just 500k you can imagine what is the market liquidity now uh chains fighted against each other in terms of getting retail from one chain another you remember pump on Salana then memes on BNB then alpha uh the one 2.

0 zero on BNB and uh it's happening and other chains are trying to compete but will the chain will win that has more utility and more uh retail power behind uh I will explain it a bit later and of course uh you could see that someone is in the graveyard this is which was like top 25 with nice licenses with nice stuff around that uh billions of FDV $40 million US and is collapsed. This is about the market and it cannot recover. No any marketing messages will have because no people with money people cannot just buy and push it up because there is no money to buy. But as I said hard times they always create good times. Now you could find like really nice ones who are building who have good connections who have like very nice roots behind them to manage your success in the future and to help them to grow.

You can identify investment opportunities while others are fighting regarding kind of trying to survive today. Right? Because most of companies, most of projects, most of investment funds, exchanges etc. uh they are fighting now to survive because most of them they have ops uh they have kind of loans and these loans have to be paid. If you don't have your own funds, if you don't have uh sustainable business model, you can only fund raise, fund raise, fund raise.

But when markets are bad, uh it's hard to raise money. It's hard to get profits from your recent investments. And you could see like a lot of interesting balance sheets from like very big big guys who are in paper profits but there is no liquidity because they cannot even liquidate 100k because if they do it there is like huge losses and it's gone. But if you have funds or even if you have like small funds it is a time of opportunities. Uh I had some interviews like last week regarding our investment in world liberty finance and I told the guy from New York Times that for us and for me personally it was like our investment in tone in 2022 when everyone said hey tone is a scam it is doesn't it is not good it is something shady but look it was like this that tone has telegram and one has telegram and we bought a lot at $1 and even below prices and now you could see when now we're way above that our purchased uh prices, our enterprise, right?

Because we we try to identify things that are not hyped yet. And similar to now, you could see that okay up you could see that okay um people are running for one memecoin to another to one AI agent to another. But what is sustainable which has some unique advantages behind right it is it is sounds maybe complicated but uh it is not that because if you see that okay uh Binance alpha is going up there are a lot of some AI agents or some uh defy projects it doesn't mean that you can go and invest in any defy project and then defy agent you should be very careful in terms of what is the scene behind what is their capability to take this market correctly to play this market correctly. If they even know how to get it listed, how to get uh people to hold the tokens, how to incentivize communities, how to incentivize exchanges, how to motivate them to work with them. Uh personal relationship with it are great and it is fair for any industry even in trade or classic venture investments.

Not only product matters, there are like a graveyard like plenty of dead projects that had a great technology, great stuff, but execution matters. You can build something very simple which people will use or which people will like a culture and then if you execute it nicely it it's done it works and from our side as a company as a uh I would say like for now we're a global investor we invest in trade fine we invest crypto we like we're trying to be at as many good and distressed uh venues as as possible because this is the source of your future profits. This is our plan for this year. First of all, yes, it's uh some compliance stuff uh didn't let me write it properly, but this is our message to the market and uh to the all crypto guys who are with us in this space. I think together we should identify good ones and help to support them from our side.

Now we have like our funds that we started to deploying with 20 250 mil. We already invested like 76 million US dollars in last three weeks and for next week we already signed deals for another like 35 or 36 mill correctly. This is from OTC markets and with our uh joint products that we are launching together with our partners uh we already started buying tokens on spot on secondary markets. Our wish is to build a portfolio with uh approximately 3 million3 billion US dollars deployed on secondary market this year not to see by exchanges and our team started working on this yesterday. Uh these token names will be available on our public wallets and we will start promoted promoted nicely next week.

It will not move. It will stay there uh just to support the industry because we believe if we support a lot of people will follow us then a lot of people will see that market is recovering again and we can attract more people from trade five from other nations that are looking for something interesting for something promising and yeah that's how we work and uh yeah it's falcon finance of course uh this is our initiatives that we launched by labs And we do believe that this market is being kind of a replication upgraded replication of traditional market because traditional markets and trade fight funds they have a lot of fixed income progress. Yes. Now on the market we have a lot of not a lot just a few ybearing assets but they rely on some single strategy. Let's say uh finding great arbitrage from Ethereum shorts or uh finding great arbitrage from Bitcoin shorts.

But it seems delta neutral but it is not not risk-f free and it is not scalable. Our ultimate goal is to let people with altcoins with stables with blue chips like BTC like miners to utilize their tokens and to use their tokens to get like yield at the competitive level without selling their assets directly without impacting the price right now and capture some upside for good times. And yeah I will not do it like a marketing message something you can find in the internet and I will move to another slide right why I'm so optimistic why we are started again actively looking for good opportunities for good projects for good founders and good entry points because uh the US will definitely cut uh rates and it will push more fresh money to the market. It will happen sooner or later and uh they anyway need to print more money. It can happen today.

It can happen like in 3 months in six months but it will happen and it always affect the prices. You could take a look at historical data prices goes only up because more dollars on the market people buy something price goes up. It's just you should not be like professional for a caster. It's just like this. It will lead definitely to Bitcoin all-time high because these dollars they will go to trade fight.

They will go to Black Rockck and funds like this and you see Black Rockck has its own ETF now on BTC. This money will fall there. It BTC is becoming like a strategic reserve after gold like or additionally to gold because it is not it is not kind of replicable. you cannot create another BTC amount is limited and now it's already recognized and you just take a look at news article from 2016 when all the same guys who buy Bitcoin today they told that it's frog drug dealers for some sadish stuff etc etc but now boyc it its own ETF then also payments and fixed income tokenization as I said there are a few yield bearing assets and this amount will grow T bills taken, bonds will be taken, real estate is taken but now it still doesn't have a proper secular market but it will have that's why we are also building this and we are actively investing in this market fragmentation is already here right you could see this regulatory fragmentation the US is one regulatory framework bricks countries another equal framework Islamic countries another mika another and uh of course China another one Right. And those who will find a way to work with all of them to be a bridge between all of them or to identify players that can be bridge they will build and they will participate in new global financial framework uh which will already happen.

You saw this news about Pakistan. They are build they are building and they're building quite a lot of interesting stuff that will coming. This is exactly part of the plan. And how to answer this question when you are a death and your son or a daughter asking you why you're so rich, man. That's that's why you bought BTC.

You played with uh Binance listed midcaps coins. You played with Binance Alpha. you focused on the US and the China centric uh coins because there are and this two countries most of crypto projects powerful crypto projects are coming from and definitely you bought distressed assets the best idea was to buy for example something after like minor hack when it's crashed and you bought and it's up this is your friends this is your source of revenue when something is up and it is pumping like 200% I would say the worst time to buy It's your enemy. It will kill your perfect. And of course, uh we are not like kids here, right?

And you all guys are very smart and you will definitely do your own research, will not take my presentation like financial advice and uh will invest wisely or learn or whatever. Yeah. Thanks for joining us. Thanks for listening to me. Make crypto great again.