Su Zhu: Betting on the Application Layer

Published on
December 30th, 2020
Duration
61 minutes


Su Zhu: Betting on the Application Layer

The Interview - Crypto ·
Featuring Su Zhu and Richard Galvin

Published on: December 30th, 2020 • Duration: 61 minutes

Su Zhu, co-founder of Three Arrows Capital, joins Richard Galvin, CEO of Digital Asset Capital Management, to discuss traditional finance trading vs crypto markets, improvements needed for broader adoption, and investing in DeFi. Zhu describes the major growth in fiat onramps to crypto and the importance of self-custody solutions for users as well as a few new and exciting projects in the decentralized finance space including automated market makers. Zhu explains that he doesn't believe DeFi will cannibalize all of traditional finance, but that it will dramatically alter the finance landscape. Filmed on December 7, 2020. Key Learnings: Zhu believes that application layer investments are riskier but may have higher value accrual and that, while base layer investments are significantly safer, there may be less growth potential. Decentralized Finance is still very young, and there is enormous room for growth if you have an appetite for risk.