Lawson Bae
@lwsnbaker
Creating crypto native outcomes via M&A at @relayzero. Investing via Social Graph Ventures. Founder of RARA (acquired).
18 months ago I told the Firefly team that “7 transactions in the first 7 days” is the “7 follows in the first 7 days” (pioneered by Facebook) of crypto social.
State of Farcaster, December 2025
(I'm going to be writing a series of casts this week on this topic.)
Varun and I have been working on Farcaster for over 5 years. The goal has always been to build an at-scale decentralized social networking protocol with 1 billion people using it every day. This is a hard problem an
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Most consumer crypto M&A has been soft landings to-date with a few exceptions.
Animoca Brands going public via reverse mergers seems to be something else entirely. A doubling down on consumer.
Animoca Brands is going public via reverse merger with Currenc.
This isn't just another crypto company listing.
It's the first consumer social conglomerate in crypto hitting public markets.
Some comparisons:
- Tencent → Consumer gaming and social media from Riot Games to WeChat
- IAC → Consumer media empire lik
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Animoca Brands is going public via reverse merger with Currenc.
This isn't just another crypto company listing.
It's the first consumer social conglomerate in crypto hitting public markets.
Some comparisons:
- Tencent → Consumer gaming and social media from Riot Games to WeChat
- IAC → Consumer media empire lik...
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Clouflare dropping a stablecoin is one of the more exciting moves this cycle.
As a long time favorite public company of mine, Cloudflare's approach to quietly restructuring how the Internet works continues excite me.
Their products are a delight, too.
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