Institutional adoption isn’t about building up, it’s about sucking Crypto dry | Bee Network
Login熱門新聞AI 代理商Meme LaunchpadDeSci熱門鏈瀏覽器新人必讀衝百倍幣蜜蜂遊戲必備網站必備APP必關大神DePIN新人必備教我避坑基本工具深度網站交易所NFT 工具Web3宇宙遊戲DApp蜂巢增長平台生態Coins儲值登入Web3大學遊戲DApp蜂巢生態家分析分析懷亞特@Odaily中國@XiaMiPP加密貨幣Believe in SomethingEvgenyDean市場代幣The War Between Stablecoins and Banking Probably Doesn’t ExistInstitutional adoption isn’t about building up, it’s about sucking Crypto dryRelated: The Ultimate Comeback of the “Shovel Seller”: Why Did Neynar Acquire Farcaster?
On January 21st, Dan Romero and Varun Srinivasan, co-founders of Farcaster, which had received investments from top-tier institutions like A16Z and Paradigm and reached a valuation exceeding $1 billion, announced that Neynar would acquire Farcaster. In the coming weeks, Farcaster’s protocol contracts, code repositories, official client, and Clanker will be transferred to Neynar, which will continue to operate and maintain them. Some members of the founding team Merkle, along with Dan and Varun themselves, will step back from day-to-day management to pursue new ventures. This acquisition occurs against the backdrop of Farcaster’s dramatic ups and downs. The protocol reached a $1 billion valuation in 2024 but suffered severe revenue decline and user attrition in Q4 2025. Previously, community rumors suggested Coinbase would acquire Farcaster. Now, the facts are settled. Neynar,…#分析#比特幣# 加密# 脫機#以太坊#市場#代幣#工具上一篇
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- Compiled by | Odaily（@OdailyChina） Translator | Ding Dang（@XiaMiPP） Institutions have finally