Naval: Even if off-chain assets are wrapped onto the chain, they can only achieve minimal on-chain accounting convenience at most
BlockBeats News, November 6th, Silicon Valley renowned angel investor Naval Ravikant expressed his views on X about "wrapping assets on Zcash, such as real estate and stocks," stating, "Only by holding digital, on-chain assets can we truly have meaning. Even if off-chain assets are wrapped onto the chain, at most, they can only gain some minor tracking or accounting convenience, that's all."
Naval is a well-known angel investor in Silicon Valley. He has invested in well-known tech companies such as Twitter and Uber. He is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList and published the renowned book "The Navalmanac."
You may also like
The cryptocurrency industry has become a traditional industry
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.




