New Exchange backed by Marc Andreessen

I want to point out a new competitor that might be looking into similar stuff as NASH. It is backed by one of the most prominent VC investors and they just got the green light from SEC. We should carefully study the competition and try to out game them.

https://ltse.com/

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Just checked them briefly and it doesn’t seem like they’re targeting crypto. But getting SEC approved to trade securities is a major feat.

For Nash it’ll be even more challenging since they’re doing something so radically new so I wouldn’t hold my breath. We’re still so early that the frameworks for issuing crypto tokens are only just now getting made. I think almost all crypto assets are unregistered securities and when regulation kicks in having one of those licenses would give amazing competitive edge.