Ten31 Timestamp 795,052

Legacy gatekeepers had a busy few days this week, as the Fed finally officially skipped (oh, we mean paused) rate hikes after 10 months of consecutive increases (though officials were quick to insist hikes should resume next month), BlackRock filed for a spot bitcoin ETF (particularly notable given the firm’s track record in getting ETFs approved), and the iOS App Store made life tough for several popular bitcoin apps. While the Fed was busy trying to sell the notion of a “hawkish pause” to the market and BlackRock was angling for its cut of the bitcoin pie, the Ten31 team spent several days at Nashville’s Bitcoin Park hosting a summit to showcase what many of our portfolio companies have been building for sectors ranging from financial services to mining and beyond. The event once again confirmed the clear vibrancy of innovation leveraging the bitcoin ecosystem, one particularly well-timed example of which was Mutiny Wallet kicking off the limited public release of its mainnet lightning wallet. Built as a progressive web app, the wallet runs in a browser and can offer an alternative to censorship-prone walled gardens like app stores… [read more]