The Tornado Cash enforcement trained the market to avoid privacy tools. That association became instinctive. Founders stopped building privacy products. Investors stopped funding them. The entire category went cold. Andy says the bias is outdated. GSR just completed the first confidential OTC trade on Ethereum using Zama. Quantum-secure. Compliant. GSR's head of OTC called it the fix for the largest institutional pain point. "There's still some kinks to work out, but privacy is going to accelerate."

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

Circle Q4 2025 highlights: - $770M total revenue & reserve income (+77% YoY) - $75.3B USDC in circulation (+72% YoY) - $11.9T USDC onchain transaction volume (+247% YoY) - $166M+ Arc total transactions (since Oct 28, 2025 testnet launch) Source: Circle

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

0/ A personal update I have decided to step back from @multicoin. It's a bittersweet moment for me because my time at Multicoin has been some of the most meaningful and rewarding of my life. That said, I am excited to take some time off and explore new areas of technology. After nearly a decade in crypto, I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance. I believe the Clarity Act will unlock a tidal wave of new entrants and spur adoption unlike anything we’ve seen. I remain bullish on crypto, specifically Solana, and intend to continue making personal investments in the space and supporting Multicoin portfolio companies. Moreover, I will continue to serve on the board of @zama, and I will continue in my role as Chairman at Forward Industries (@FWDind). More on Forward in next tweet. It goes without saying that I also remain bullish on Multicoin. My partners @tushar_jain, Brian Smith, @johnrobertreed, @mattshap1, @xethalis, @SpencerApplebau, and @shayonsengupta are some of the best investors and operators in the world. I am excited for them to continue to drive the crypto ecosystem and Multicoin forward for many years to come. To all of our portfolio founders, LPs, and industry partners—thank you for the opportunity to work with you. For reference, here is the letter we shared with LPs today https://t.co/AFRYRusU9v

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

The Super Bowl of Tokenization has its host. Can you guess the livestream commentator? Ondo Summit | Feb 3rd, 10am EST | Live on 𝕏 https://t.co/A28N1ScJRt

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

Monad has been live for nearly a month. Our own @fintechfrank sat with @keonehd from @monad and Brett Tejpaul from @coinbase to discuss the network, the token, and the ecosystem at an event presented by @thetieio. Here's the full conversation: https://t.co/iyuhumSy9f

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Being a founder in DeFi is difficult lately. We’ve all seen the past few weeks of news. Balancer, Stream, Garden, and adjacent discussions and disagreements between Morpho, Aave, Gauntlet, etc. are all front of mind for everyone onchain. Sometimes the frontier of finance is messy. Each of us should commit to due diligence, intellectual honesty, and mission focus as we build and innovate. GSR is ready to help with a variety of tools for founders who need them. Onward.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

The RWA ecosystem will explode — growing ten, twenty, even a hundredfold — once TradFi can seamlessly interact with crypto, according to @carlosdomingo https://t.co/N2I60RaFIz

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

The Total Connected Value (TCV) of @doublezero just hit $23 BILLION

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd

A new, faster internet is here. DoubleZero’s high-performance global network is now live on mainnet-beta powered by 2Z. Welcome to the world of high-performance networking. https://t.co/RrlM95ZP7s

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd