Partner, CMO @Multicoin | Opinions are my own / not a solicitation / not an offer for investment advisory services

Joined March 2009
500 Photos and videos
JR | Multicoin Capital retweeted
SpaceX spot on Solana has $9m in volume. $10k trades have 5-10bps of slippage, a fraction of CEX fees. 1-5k trades effectively free For the 1st time in history, anyone globally can get access to the hottest IPO ever. Internet Capital Markets are real and they're beautiful
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JR | Multicoin Capital retweeted
1/ @anza_xyz is shipping faster than ever with fewer escapes. the best platform for trading keeps getting better
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JR | Multicoin Capital retweeted
One thing the Fable ban has made clear is that open source/decentralised AI is essential. No singular party should have full control. This could serve as massive accelerator of the trend.
The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: anthropic.com/news/fable-myt…
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Long open source and local compute.
Jun 12
Tokens will get 90% cheaper every year as models improve and $10k desktop workstations from @dell and @apple, running open source models, drive tokens to “essentially free” Token costs will be looked at like storage and bandwidth costs in a couple of years — which is to say you won’t think about them much.
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NEW: @binance ANNOUNCES CANCELLATION OF "BINANCE WALLET SPCXX IPO CAMPAIGN" "DUE TO CIRCUMSTANCES OUTSIDE OF OUR CONTROL, WE ARE UNABLE TO PROCEED WITH THIS CAMPAIGN" SOURCE: binance.com/en/support/annou…
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JR | Multicoin Capital retweeted
$SPCX is now live on @Solana via Sunrise. The biggest IPO in history priced on Nasdaq this morning. Issued by @Backpack Securities, $SPCX brings a tokenized SpaceX share onchain, on day one, trading across every Solana wallet and app 24/7. Own something.
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JR | Multicoin Capital retweeted
One thing I’m going to be paying attention to as SpaceX trades is the DeFi / TradFi arbitrage. The @Backpack Securities $SPCX is going to be the only onchain asset where anyone can cycle the token in and out of TradFi quickly enough to close the gap between @solana and Nasdaq. Let’s see what happens.
To give you a concrete sense of what we're doing with @Backpack Securities. - Trade stocks on Backpack - Deposit/Withdraw to Solana - Trade on DeFi in your wallet - On/off ramp to your brokerage account Tokenized stocks that are redeemable for the real thing just like a stablecoin. Demo:
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JR | Multicoin Capital retweeted
Trading on @solana has never been easier and today it just got more exciting Today we announce Frontier Traders, a program designed to reward traders for what they do best across every surface, every product, every block This is the start of what will become the new normal Solana is the exchange As a great man once said - "the decentralized NASDAQ"
Introducing Frontier Traders An exclusive global community for elite firms and traders at the frontier of emerging assets. Members can access rewards across Solana trading venues, dedicated infra, and a voice in shaping Solana’s market structure.
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JR | Multicoin Capital retweeted
Three years ago, we started working a clean sheet design for an affordabe hypersonic weapon. Now we're partnering with @Saronic to launch Blackbeard from an unmanned surface vessel, the first of many such partnerships. Excited to go offshore in 2027.
Jun 11
We're excited to join forces with @Castelion to integrate the Blackbeard hypersonic missile with our Marauder MUSV, demonstrating a first-of-its-kind maritime hypersonic launch capability. By pairing autonomous maritime platforms with hypersonics, we are advancing a more distributed and survivable approach to deterrence. Together, we're working to increase capability and capacity by combining autonomous maritime and hypersonic strike capabilities that are more affordable, scalable, and faster to field. With a demonstration targeted for 2027, both companies are investing in the production infrastructure needed to deliver these systems to the warfighter at greater scale and speed. Read more here: medium.com/saronic-technolog…
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JR | Multicoin Capital retweeted
SpaceX is going public on Nasdaq… and everywhere else. $SPCX. Issued by @Backpack Securities. Coming to @Solana. Own something.
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turns out solana spot trading may have PMF after all... x.com/SolanaFloor/status/206…

BREAKING: @Solana continues to surpass all L1 and L2 chains combined in tokenized stock trading volume, extending its lead to 53 consecutive weeks.
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RT @DavidFBailey: Today we strengthened Nakamoto’s balance sheet by reducing debt by $45 million, extending maturities into 2027, lowering…
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JR | Multicoin Capital retweeted
it's insane to me that this isn't all over mainstream media right now. for the first time in human history, a drug built to reverse aging was just put into a living person a company called Life Biosciences dosed the first patient in their trial for something called ER-100 it comes from a Harvard geneticist named David Sinclair his theory is that aging comes from your cells losing track of how to read their own DNA think of it like a computer. the hardware is fine, but the software slowly gets corrupted over the years, so the machine runs slower and slower until it stops the instructions for a young, healthy cell are all still in there. your cells just lost access to them over time so this drug does one thing: it reboots the cell back to the version of itself that knew how to run properly they pull it off with three proteins that reset a cell to a younger state and they proved it works before ever touching a human first they restored vision in old mice. then they restored vision in monkeys with optic nerve damage, with no tumors and no signs of harm so now they're testing it on people going blind from glaucoma and a nerve condition called NAION they started with the eye on purpose. it's the cleanest place to test the idea, because they can inject it into one eye without it reaching the rest of the body, the cells there don't heal on their own so any improvement clearly came from the drug, and they can measure vision right down to the letters on a chart the reset happens at the level of the cell, so in theory the same approach could one day rejuvenate the liver, the kidneys, even the brain it won't be automatic though. every organ needs its own way of getting the drug into the right cells, plus its own round of safety testing. so it doesn't suddenly work everywhere the moment it works in the eye but the eye answers the one question nobody could answer before: whether you can safely turn back the age of living cells inside a person if the answer is yes, reaching the rest of the body comes down to delivery, one organ at a time. that part is hard, but it's the kind of hard you can engineer your way through to be clear, this is an early safety trial. 18 people, 5 year follow up. so nobody is gonna cure aging by next year but if it works, we'll look back at this week as the moment the clock started running backwards for the first time
Today, @lifebiosciences confirmed the first patient has been dosed with an epigenetic restoration drug candidate. An exciting milestone 🚀 Life Biosciences is the OG cellular rejuvenation using epigenetic restoration to reverse diseases of aging. It was cofounded by @davidasinclair, who serves as Chairman The company’s proprietary Epigenetic Restoration platform utilizes three transcription factors, OCT4, SOX2, and KLF4 (OSK), to restore older and damaged cells to a younger and healthier state. This innovative approach targets a root cause of aging at the epigenetic level, and has the potential to address a wide range of serious age-related diseases The Phase 1 trial will evaluate the safety and tolerability of ER-100, with additional endpoints assessing visual function. ER‑100 is the first clinical candidate from Life Bio’s Epigenetic Restoration platform, which uses controlled expression of three transcription factors, OCT4, SOX2 and KLF4 (OSK) to restore cellular function by resetting the epigenetic code to more youthful patterns of gene expression “This is an important moment for Life Bio and for the field of aging biology,” said David Sinclair, Ph.D., Co‑founder of Life Biosciences and Professor of Genetics at Harvard Medical School. “Our research has suggested that aging is driven in large part by the loss of epigenetic information, not irreversible damage. This clinical study represents the first opportunity to test whether restoring that information can ameliorate human disease.” Beyond ER-100, the company is strategically broadening its therapeutic pipeline to address additional age-related diseases, underscoring the platform’s versatility and transformative potential. “This milestone reflects years of rigorous scientific development and translational research,” said Sharon Rosenzweig‑Lipson, Ph.D., Chief Scientific Officer of Life Biosciences. “Our preclinical studies have demonstrated that controlled OSK expression can reset epigenetic patterns associated with healthy cellular function, improve tissue performance, and restore visual function in animal models. Advancing ER‑100 into the clinic is an important step toward translating epigenetic restoration into a new class of medicines for age-related diseases.” Optic neuropathies represent a large unmet medical need. Current treatments primarily address risk factors, such as intraocular pressure in glaucoma, but do not directly target the damage to retinal ganglion cells. As a consequence, the disease often leads to irreversible vision loss despite treatment Vision loss not only directly impacts patients’ lives, but also increases the risk of loss of independence, damaging falls, and depression and dementia due to social isolation, underscoring the need for disease-modifying therapies. Beyond ER‑100, Life Bio is developing applications of its proprietary Epigenetic Restoration platform for multiple indications in a variety of organs, reflecting the broad therapeutic potential of this platform. About Optic Neuropathies Optic neuropathies are a group of disorders characterized by damage to retinal ganglion cells (RGCs), the primary neurons connecting the eye to the brain. Because RGCs do not naturally regenerate, damage results in permanent vision impairment. One such optic neuropathy, open-angle glaucoma (OAG) is a chronic neurodegenerative disease and a leading cause of blindness in older adults While often associated with elevated intraocular pressure, disease progression frequently continues despite treatment, and some patients suffer from OAG despite normal intraocular pressure. Non-arteritic anterior ischemic optic neuropathy (NAION) is the most common acute optic neuropathy in adults over fifty. It involves sudden, painless vision loss due to insufficient blood flow, for which there are currently no approved treatments About ER-100 ER‑100 is an investigational therapy in clinical development for the treatment of optic neuropathies including OAG and NAION. ER‑100 is designed to restore function in retinal ganglion cells using Life Biosciences’ Epigenetic Restoration platform, which utilizes controlled expression of three transcription factors, OCT4, SOX2 and KLF4 (OSK), to reset cellular gene expression patterns and restore cells to a more youthful and functional state. ER‑100 is currently being evaluated in a Phase 1 clinical trial. More information can be found at clinicaltrials.gov (NCT07290244): clinicaltrials.gov/study/NCT… For more information, visit lifebiosciences.com or follow on social media lifebiosciences.com/life-bio…
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This is really bad. Going after water infra is the same thing as decimating everything.
BREAKING: US strikes have now hit two drinking water tanks in Sirik, southern Iran, cutting off all drinking water in the district, per IRIB. Iran has warned 2 hours ago it will immediately place all regional Gulf energy infrastructure under continuous missile fire, and with this US attack, water desalination infrastructure which the Gulf depends on for over 90%, would specifically become major targets.
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JR | Multicoin Capital retweeted
Congrats to @PhoenixTrade! This is a major step forward 👏 Equity perps aren't new ... BUT Solana's edge is the universe of assets we can list, and how fast we get to the ones that matter next Phoenix is here to bring you the markets that will be relevant tomorrow, today This is just the start Excited to see what markets they bring to Solana next
Equities are live on Phoenix. NVDA and AAPL are available to trade now — up to 20x leverage, 24/7.
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JR | Multicoin Capital retweeted
Jun 10
Proud to share that @solana is now the presenting sponsor of the World Series of Poker, the first in 15 years and only 3rd in their 59 year history. When we thought about what kind of bets we could make to grow Solana, poker was a standout: - 100m monthly players; bigger than golf and tennis combined - Fastest growing game in Asia - The biggest “sport” where capital and economy are central to its gameplay - Future of trading looks more like poker than traditional finance - Many poker pros integrate crypto in their lives already, from settling private games to staking We approached @WSOP to see how we could collaborate deeply and came away ready to go all in. We are building together on a number of fronts: - Bringing WSOP back to @ESPN live in August with Solana front and center through the entire experience, broadcasting to 400 million households worldwide - Streaming 150 hours live from Vegas on Solana - SOL Solana stablecoins exclusively for tournament buy-ins and payouts (already processed millions in the last week!) - Collaborating to bring poker staking into the crypto era, as well as prediction markets and other frontier products - Creating content together to educate traders on the game and poker players on trading onchain Poker is a game I’ve loved for 20 years and I’m personally excited to bring these two adjacent worlds together.
Jun 10
The play is never the move. It's the mind behind it. The World Series of Poker. Now dealt by Solana.
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JR | Multicoin Capital retweeted
This industry takes care of its builders. Thank you to the 60 CEOs and founders who sent a clear message to Senate leadership today: Pass the Clarity Act with developer protections and the BRCA intact. Developers who do not control user funds are not money transmitters. Read the full letter: t.ly/iXpDU
Crypto Executives Urge Congress to Keep Exception for Developers news.bgov.com/bloomberg-gove…
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JR | Multicoin Capital retweeted
Alright we're doing it! @cantos is teaming up with our friends at @Toyota_Ventures, @ImpulseLabs, & @westmagco for #SFDeepTechWeek! Join us June 24th at the Impulse/WestMag space to celebrate Bay Area builders ⚙️⚡️🌉 luma.com/toookf1f
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JR | Multicoin Capital retweeted
Stand With Crypto and over 200 organizations sent a simple message to Senate leadership: it's time for the Clarity Act. The community is unified — large companies, startups, associations, and grassroots groups across the country are counting on their lawmakers to deliver rules of the road for crypto in America. The Clarity Act passed the Senate Banking Committee with bipartisan support. Now it needs to cross the finish line. Tell your Senators you want Clarity 👇
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Never post a real time photo
From a 1BR apartment to $10.7M Seed Round lead by @generalcatalyst What was GeoSpy is now Raven. We are turning the physical world into real-time search. 🇺🇸
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