Omar (@TheOneandOmsy) / X

Omar

2,342 posts

Omar

@TheOneandOmsy

Definitely NFA. Investor @Dragonfly_xyz

NYC and Toronto

Joined July 2011

Omar
@TheOneandOmsy
Aug 26, 2025
Google dropping some details on its L1 blockchain (GCUL) over on LI Chain will feature python based smart contracts. Aims to be neutral infra built for finance w/ “native commercial bank money on-chain”, 24/7 cap markets infra, payments and agentic capabilities. Looks like they
743K
Omar
@TheOneandOmsy
May 24, 2025
And just like that Axiom (YCombinator W25) hits $100m in revenue since launching just 5 months ago: - Took Cursor 12 months to hit $100m of ARR (previous record afaik) making Axiom the fastest company in YC history to hit $100m in real top-line revenue - Probably the purest
630K
Omar
@TheOneandOmsy
Apr 2, 2025
Nothing to love in the Circle IPO filing and no idea how it prices at $5b: - Gross margins getting crushed w/ distribution costs - Core US market being deregulated and banks + FI's about to crash the private party - Spending over $250m / year in compensation + another $140m in
Watcher.Guru
@WatcherGuru
Apr 1, 2025
JUST IN: Circle $USDC stablecoin issuer files for IPO.
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Omar
@TheOneandOmsy
May 5, 2025
This NYU paper basically says: retail investors spend 6 minutes researching a trade - mostly just looking at charts What most people actually want is an entertainment platform. Not a finance app The best intimately recognize this and are building entertainment super-apps
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Omar
@TheOneandOmsy
Jun 15, 2025
The Masa Son / Milner / Facebook / ByteDance lore: TLDR: - In '09, Zuck raising a round and Yuri Milner tells him to name a price - Zuck says $10B. Milner puts in $200M - Then buys another $100M off employees at $6.5b - Masa Son passes, thinks it's too expensive - Fast forward
106K
Omar
@TheOneandOmsy
Mar 5, 2025
Vlad from Robinhood dropping a laundry list of reasons to be bullish crypto at today's fireside: TLDR: w/ the new admin, crypto rails will be the home to stocks, commodities, private company shares, prediction markets, memes, RWAs -> cross- composable and available 24/7 The
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Omar
@TheOneandOmsy
May 16, 2025
Goes under-reported, but one of SBF's best investments was Robinhood. And he did it with size In May '22, he bought a 7.6% stake in HOOD for $546m (~$9.70 /sh). Today, the stock trades at $60/share, making the stake Sam bought worth $3.4b, or ~$2.9b of PNL Unfortunately
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Harry Stebbings
@HarryStebbings
May 15, 2025
Is SBF the best investor of the last 5 years? The man did the seed rounds for Anthropic and Cursor. Before the hype. Before ChatGPT. Before the AI arms race. That is a special individual. @honam @infoarbitrage @delian @saranormous - thoughts?
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Omar
@TheOneandOmsy
Jul 25, 2025
If anyone wants to poach a Blackrock exec, current market price is $12.5m: - $7m signing bonus - $750k base + min of $750k bonus (up to $1.125m) - $4m second year bonus (minimum)
zoomer
@zoomerfied
Jul 25, 2025
[ ZOOMER ] BLACKROCK'S HEAD OF CRYPTO LEAVES BLACKROCK TO JOIN JOE LUBIN'S ETHEREUM TREASURY COMPANY SBET
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Omar
@TheOneandOmsy
Oct 6, 2025
Uniswap front-end fees now up to $133m, all flowing to equity holders, none to token holders Token down ~80% from its ATH. Sits at $8b FDV / $5b mcap, makes $0, used as free compensation, and subsidizes all of Unichain Incentives between equity holders + token holders are just
Omar
@TheOneandOmsy
Feb 6, 2025
Uniswap front-end fees just hit $100m since turning on the switch. Front-end is running at ~$10m of fees a month over the L30 days ($120m annualized) Fun fact: Uni has raised $176m since inception. At their current run-rate, front end fees alone will make back all the capital
114K
Omar
@TheOneandOmsy
Jul 8, 2025
The Tether hit piece in The Economist is unintentionally some of the best marketing copy you'll ever see (includes bangers like: "Tether’s efficiency makes money-laundering so easy anyone can do it"): - On Tether's Original Conception: "It was originally intended as a gateway
100K
Omar
@TheOneandOmsy
Sep 3, 2024
OO #89: This story is a trainwreck. For those that don’t know, Tigran Gambaryan is an American citizen and @binance exec that’s been held for over 6 months by the Nigerian government. He was detained in February after being invited to the country to settle a dispute between
Oyindamola🙄
@dammiedammie35
Sep 2, 2024
“Nigerian Prison Official Abandons Binance Executive To Struggle In Pains In Court Premises As He Begs for Help ”
00:00
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Omar
@TheOneandOmsy
Sep 16, 2025
Interesting excerpt from the GS conference: Visa stablecoin settlement volumes now up to ~$1b run-rate, up 4x from earlier this year Direct stablecoin settlement lets Visa's partners bypass traditional bank/fiat rails for instant 24/7 settlement on the network. I.e. issuers
213K
Omar
@TheOneandOmsy
Sep 5, 2025
Hyperliquid finally gearing up to launch its own stablecoin: - There’s $5.5b of USDC on deposit on Hype, implying + $220m of incremental rev (~17% bump) for token holders (at 4% rates) when fully swapped to USDH - For Circle (CRCL) shareholders, not so great news. Assuming a
143K
Omar
@TheOneandOmsy
Apr 19, 2025
Wise (aka TransferWise) is a $10b public company Their coverage map (or lack thereof) for "Truly Global Infrastructure" below is exactly the reason stablecoins are going to continue eating traditional payments Abstracting everything away, stables allow anyone, anywhere in the
325K