Pinned post
After 2+ years at @MidasRWA, I’ve decided to join thr Sky Frontier Foundation as the Global Head of Capital Markets.
I'm genuinely grateful to have been part of the Midas journey from the early, early days, helping build the platform from the ground up, scaling to $2B + in asset issuance, and closing a $50m Series A.
On May 18th, I joined @RuneKek at the SFF. The @SkyEcosystem sits at the intersection of tokenization, traditional capital markets, and onchain finance, three worlds that are now undeniably colliding. My focus will be leveraging Sky's growing balance sheet to deepen capital flows, by leveraging the most established institutions and capital channels to bring traditional finance meaningfully into the Sky Ecosystem.
Sky has been executing quietly and consistently for years with ~$11B in combined stablecoin supply, $15B in TVL, ~$450M in annualized revenue, and a $2.5B mandate to deploy into real-world assets across credit, AI infrastructure, energy, and housing.
Currently, USDS is the 3rd largest stablecoin while sUSDS is the world’s largest yield generating stablecoin. It’s clear that in a period of broader DeFi dislocation, Sky became the flight-to-safety. This is the product of a decade of rigorous risk management and protocol discipline tracing back to the earliest days of MakerDAO.
Capital markets run on trust. Sky has been building it longer than any protocol in DeFi by optimizing for one thing: capital preservation above all else. Sky is well positioned to build on that trust by expanding participation from traditional institutions across an increasingly mature ecosystem. I look forward to contributing to that effort!
I'm genuinely grateful to have been part of the Midas journey from the early, early days, helping build the platform from the ground up, scaling to $2B + in asset issuance, and closing a $50m Series A.
On May 18th, I joined @RuneKek at the SFF. The @SkyEcosystem sits at the intersection of tokenization, traditional capital markets, and onchain finance, three worlds that are now undeniably colliding. My focus will be leveraging Sky's growing balance sheet to deepen capital flows, by leveraging the most established institutions and capital channels to bring traditional finance meaningfully into the Sky Ecosystem.
Sky has been executing quietly and consistently for years with ~$11B in combined stablecoin supply, $15B in TVL, ~$450M in annualized revenue, and a $2.5B mandate to deploy into real-world assets across credit, AI infrastructure, energy, and housing.
Currently, USDS is the 3rd largest stablecoin while sUSDS is the world’s largest yield generating stablecoin. It’s clear that in a period of broader DeFi dislocation, Sky became the flight-to-safety. This is the product of a decade of rigorous risk management and protocol discipline tracing back to the earliest days of MakerDAO.
Capital markets run on trust. Sky has been building it longer than any protocol in DeFi by optimizing for one thing: capital preservation above all else. Sky is well positioned to build on that trust by expanding participation from traditional institutions across an increasingly mature ecosystem. I look forward to contributing to that effort!
