当我们回顾不久的将来,我相信我们会记得 2025 年是加密历史上最重要的年份之一。 今年去风险化事件的数量与规模前所未有。从历史性《GENIUS法案》通过(堪称自《多德-弗兰克法案》以来最重要的金融立法),再到“Project Crypto ”宣布以及SEC在区块链轨道上重建美国资本市场的大胆计划,今年标志着决定性转折点。
但 2025 年的故事远远超出政策范畴。 我们见证了市场微观结构的重大突破(如prop AMM和条件流动性)、公开市场创新(包括数字资产资金管理公司(DAT)的崛起)、预测市场(链上和链下)、支付、稳定币、合成美元、DePIN等。这些进展共同表明,加密行业正在进入一个扩张、协调增长和合法性的新阶段。
我们在上月底结束的第八届年度Multicoin峰会上深入探讨了上述各项主题。按照我们的传统,我们汇集了大量演讲嘉宾、投资组合创始人和行业领袖,分享他们对市场和创新下一步走向的看法。
我们还发布了几项新的 Multicoin 理论。 我们的团队花费数百小时来完善这些想法——将数月的研究提炼成 15 分钟的简洁演示,阐明我们对未来发展的看法。
Spencer 认为,我们只看到了金融科技创新的冰山一角,并解释了为什么最好的时机尚未到来。 Shayon 介绍了互联网劳动力市场的概念,这是一个强大的新框架,挑战了主流的“人工智能取代工作”叙事。 Vishal 研究了订单流货币化中的新兴机会,以及为什么它将重塑互联网应用的商业模式。
峰会虽以投资者为首要受众,但我们始终致力于让所有加密生态系统的建设者、投资者与利益相关方接触到我们的观点。我们很高兴地宣布,2025年Multicoin峰会的演讲内容现已上线我们的YouTube频道,以下链接。 我们希望你能关注、学习并与我们一起继续构建,因为加密货币正进入最激动人心的篇章。
互联网资本市场的前进之路
Multicoin Capital 管理合伙人 Kyle Samani
2025 年与美国加密政策的未来
Greg Xethalis,Multicoin Capital 合伙人兼总法律顾问
美国加密货币的崛起
Bo Hines,首席执行官,USAT
预测市场主导一切
Tarek Mansour,Kalshi 联合创始人兼首席执行官
Kalshi即平台
John Wang,Kalshi 加密主管
用户生成的资产和订单流:互联网的新商业模式
Multicoin Capital投资总监Vishal Kankani
专业稳定币金融科技的机会
Spencer Applebaum,Multicoin Capital 投资合伙人
市场微观结构的演变
Nitesh Nash,DFlow 首席执行官
互联网劳动力市场
Shayon Sengupta,Multicoin Capital 投资合伙人
实体 AI 革命
Mike Horton,GEODNET 创始人
用稳定币重塑银行业
Garrett Harper,Squads 业务发展主管
让支付变得有趣
Alex Fine,Fun.xyz 首席执行官
实时体育博彩
Cheddr 联合创始人兼首席执行官 Jason Krupat
稳定币还是合成美元?
Ethena Labs 首席执行官兼创始人Guy Young
/专业的稳定币金融科技


过去二十年来,金融科技改变了人们访问金融产品的方式,但没有改变资金的实际流动方式。 创新专注于更简洁的界面和更流畅的入驻,而核心金融基础设施基本保持不变。


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