Guys, we were wrong.
Tibbir is NOT Ribbit backwards 🐸
Ribbit is Tibbir moving forward.
For those who don't know:
Micky Malka is the founder of Ribbit Capital, a Venture Capital firm with 12 billion AUM in 2024. In January this year, his wallet (tracked and proven) stealth launched
$TIBBIR.
Since then, multiple Tibbir entities were spun up:
- Tibbir consulting LLC
- Tibbir FL Investments LLC
- Tibbir Holdings LLC
- Tibbir Management LLC
Now,
@altcoinist recently coined the idea of Ribbit Capital rebranding to Tibbir, which he explained here:
x.com/Altcoinist_com/status/…
A notable part, is the video part quoted in Altcoinist's post in which Micky states "We have to rebuild everything".
Now, in the recently published interview Micky did with
@tbpn, Micky states:
"I decided to start Ribbit Capital to say this is the one (company) I'm going to run until the last day I want to run it."
To me, this statement reinforces the idea that the Tibbir token launch and the newly created Tibbir entities are NOT really new companies: they are Ribbit Capital rebuilding everything: Tibbir is the new Ribbit.
What stands out in the interview with TBPN is Micky saying that the convergence of fintech crypto and AI is what gets him really excited, and that he's more excited about the next decade than about the last.
Why? Based on the thesis he and his team worked on for over a year, he believes EVERYTHING will be tokenized. He sees "token factories" play a huge future role and calls it the token factory revolution: tokenizing information, money, and power.
Micky is the type of entrepreneur that looks forward and bets on worldwide shifts & future growth potential, he bets on the young generation.
He believes "AI, payments, and financial services are converging fast, and tokens are becoming the raw material for decision-making, coordination and access."
This is why he believes they need to rebuild everything, the foundation needs to be rebuilt to anticipate this shift. This is why these new entities are spun up & why
$TIBBIR was launched. These form the basis for a new Ribbit Capital: it's about bridging the old foundation to the new, without starting completely anew.
Now that is why I bet on
$TIBBIR, because a 12 billion AUM company (that invested hugely in Coinbase & Robinhood & many other giants) going on-chain is not your average shitcoin. Opportunities like these are rare to find 🧐
🐸