Elena Nikulina

Kyle Samani: Blockchains should be viewed as both trading and payment systems

Kyle Samani: Blockchains should be viewed as both trading and payment systems
Blockchains as trading and payment systems

Kyle Samani, co-founder and managing partner at Multicoin Capital, discusses the dual role of blockchains as trading and payment systems. He argues that payments not only move money but also increase its availability for trading purposes.

Samani further reflects on the initial skepticism surrounding phone-related initiatives in the blockchain sector, acknowledging that he once shared doubts similar to most others.

Samani previously raised concerns about fraudulent activity after initially showing interest in a new Solana project. In a separate disclosure, he revealed that FWDind approached SkyAI with an all-stock acquisition offer at a 20% premium, which SkyAI rejected without engagement. These past comments provide further context for his ongoing scrutiny of sector developments.

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