Eric Wall on Crypto Exchanges
Wassup, it's Taylor again — CEO of Hedgehog, the all-in-one platform for tracking and trading every digital asset that deserves your valuable attention. Today I've got something a little different for ya!
My employee Sonya joined Hedgehog in spring, to help us stay in touch with users. (If you hang out on Discord, she's the rabbit avatar.) Her first idea was interviewing a savvy crypto influencer about the business of cryptocurrency exchanges, since that’s where most of us get our hands on the stuff. "A million distractions later," according to Sonya, here is her report...
Eric Wall is among the saner voices in the crypto ecosystem. He's got one foot in finance and the other in engineering, having worked on the backend of traditional exchange systems — most recently at Cinnober, a firm later absorbed by Nasdaq. Nowadays Eric puts his tech background to use running Arcane Assets, "an actively managed fund with the mission of capturing the value appreciation of cryptocurrencies as an asset class in the years ahead."
When we spoke in [checks notes] April, he said it straight: "What we try to do is outperform bitcoin and charge fees from the outperformance." Even more blunt: "If you're not outperforming bitcoin you're not actually worthy of a price." See why I like him?
