Curious about who exactly was behind that recent statement thanking "key players working in the shadows." So I dug into the cap table.
Turns out the major stakeholders are pretty telling: Vanguard Group, Capital International Investors, BlackRock, Morgan Stanley, State Street, and Clear Street dominate the ownership structure.
Here's the thing though—these aren't your typical crypto-focused investment vehicles. They're traditional finance titans. Which basically means...
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SchrödingersNode
· 4h ago
Lol, it's these traditional financial giants again. Looks like crypto has really been almost completely harvested.
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Wait, Vanguard and BlackRock are here? Is this still our Web3?
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"The key players in the shadows" Haha, translated, it means Wall Street pulling the strings behind the scenes.
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Wow, this cap table makes it feel like the entire ecosystem has been hijacked by traditional finance.
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It's truly despairing. Where is the promised decentralization?
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So we were all fooled. This is just old wine in a new bottle.
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Rugman_Walking
· 01-09 02:45
NGL, this is traditional finance handling Web3, I've seen it coming a long time ago.
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JustAnotherWallet
· 01-08 07:22
ngl traditional finance, are those guys causing trouble behind the scenes again? Isn't this just the same old CEX approach?
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BlockBargainHunter
· 01-07 22:56
Traditional financial giants have already been laying out in the shadows. Are you only realizing now? It's too late.
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SatoshiChallenger
· 01-07 22:56
Ha, I knew it, it's those traditional finance folks playing tricks again.
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Ironically, what claims to be decentralized still ends up being trapped by these giants.
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The data shows this is just another story of being harvested by Wall Street, with no exceptions.
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Wait, Vanguard and BlackRock are still playing with crypto? LOL, isn't this just changing masks to harvest retail investors?
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I just want to know what those who praise freedom are saying now.
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Historical lesson: Whenever there is a situation of "financial elites secretly manipulating," retail investors never get a good outcome.
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SchrodingerWallet
· 01-07 22:56
Damn, the old-school traditional finance guys are secretly starting to harvest again.
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SeeYouInFourYears
· 01-07 22:55
NGL, this is just a traditional finance trap to harvest retail investors, still pretending to be "decentralized."
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SelfStaking
· 01-07 22:55
ngl Seeing Vanguard, BlackRock, and these traditional financial giants appear here... I knew there was something fishy
Traditional finance is secretly making moves, and we're still here researching DeFi democratization
This is just outrageous
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ZenMiner
· 01-07 22:48
Haha, traditional financial giants playing with crypto is really just a game of dolls.
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unrekt.eth
· 01-07 22:47
I should have known it would be these traditional financial giants, not surprised at all, really laughing.
Trad finance is the real winner, and we retail investors are being wiped out.
So crypto decentralization is a joke? Vanguard is pulling strings behind the scenes, and we're still shouting about freedom here.
These institutions really know how to play, using crypto as a guise to harvest profits, incredible.
I can't say too much, but you all need to be careful, this game was decided a long time ago.
Curious about who exactly was behind that recent statement thanking "key players working in the shadows." So I dug into the cap table.
Turns out the major stakeholders are pretty telling: Vanguard Group, Capital International Investors, BlackRock, Morgan Stanley, State Street, and Clear Street dominate the ownership structure.
Here's the thing though—these aren't your typical crypto-focused investment vehicles. They're traditional finance titans. Which basically means...