Bhanu Kohli
@bkohli
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Co-founder and CEO @RailFinancial (formerly Layer2 Financial). Building the payment infrasructure for instant cross-border money movement.
Canada
Joined December 2008
Yesterday, @RailFinancial (B2B Stablecoin Payments) signed a definitive agreement to be acquired by Ripple for $200M. 4 years ago, @themistry1 and I set on a mission to speed up business-to-business global payments using USDC. Over the last 6 months, we grew to become ~ 10% of
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Today marks a pivotal moment in our company’s journey. We’re taking the next step forward with a new identity that reflects our product focus on building new instant global payments infrastructure leveraging #stablecoins and fiat assets. I’m very proud to announce that Layer2
You may notice it looks a little different around here today. In some ✨ very exciting news ✨: Layer2 Financial is now Rail! Our new name is a commitment to providing fintechs and enterprises (and their developers) with a trusted foundation for simple, fast, and reliable
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Stablecoins are already transforming financial services due to unmatched speed, lack of friction and ease of use, and it’s only going to accelerate. Excited for @railfinancial and Stripe/Bridge to help grow this.
This a huge win for stablecoin adoption — @Stripe’s acquisition of Bridge is a validator for the impact our industry is poised to have. There is still a lot of big and exciting work required to expand the instant cross-border infrastructure across the world though. You know we at
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This a huge win for stablecoin adoption — @Stripe’s acquisition of Bridge is a validator for the impact our industry is poised to have. There is still a lot of big and exciting work required to expand the instant cross-border infrastructure across the world though. You know we at
Stablecoins are room-temperature superconductors for financial services. Thanks to stablecoins, businesses around the world will benefit from significant speed, coverage, and cost improvements in the coming years. Stripe is going to build the world’s best stablecoin
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I’m helping a startup build their data room for a Series A. Our data room product (while intended for Funds) is a delight to use for a startup. Wish I had it as a founder. If you’re a founder putting together a data room for a raise, DM me. Will give you an extended free trial.
Introducing: AngelList Data Room. Impersonal, unintuitive data rooms shouldn't be the first experience your investors have. Reimagine your fund's data room with modern design, intuitive permissions, & advanced analytics. Make the right first impression.
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Never heard of $USDR until today, but it is NOT a stablecoin. I do think it could be used as a store of value, but not as a medium of exchange. And whoever thought backing it with their own token was a good idea should be fired.
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Excited to announce @frecfinance has emerged from stealth to give everyone access to sophisticated investment products exclusively available via wealth managers. And we’re backed by $26.4 million in funding led by Greylock and other leading investors. 🧵 https://t.co/1RultRVNOT
frec.com
Frec is making sophisticated investing strategies simple and accessible. Low-cost direct indexing with supercharged tax savings. Earn high interest on cash with Treasury. Next-level investing without...
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People get excited when their token gets added to a CEX. Better to get excited when a token gets added to a Crypto Custodian where the volume will be much higher from institutions
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💱 💹 FX (Foreign Exchange)vs On-chain FX: FX - The foreign exchange market, commonly referred to as the Forex or FX, is the global marketplace for the trading of one nation's currency for another. On-chain FX - Above.... but on a blockchain.
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💸💨 Instant payments coming to a US bank near you with FedNow! https://t.co/d34EKoCNeR
reuters.com
The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds,...
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Today’s launch of AngelList Treasury never would have happened were it not for the collapse of SVB. Here’s the behind the scenes story of what happened at AngelList to launch this product. https://t.co/TQfwPu5oKW
Introducing: AngelList Treasury Centralized capital mgmt for all VC funds, with any back office provider. -Protect LP capital w/ FDIC & GSIB accts -Peace of mind w/ automated bank redundancy -Optimize IRR w/ MMF & credit lines -Integrated in one dashboard for all your funds
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Today, I introduced the Securities Clarity Act with @RepDarrenSoto. This bill clarifies the regulatory classification of digital assets and provides market certainty for innovators and clear jurisdictional boundaries for regulators.
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Rate of individual growth needs to match the rate of company growth. Thus, fast growing companies demand a lot.
Trying to understand how you're performing as an individual in early stage startups is oscillating between thinking you're crushing it one moment and thinking you're going to get fired the next.
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🤝 🚀 We had an amazing time at @FintechMeetup. Met some really interesting companies, that are doing amazing things in fintech! Back to work now building our one-stop-shop platform for all things banking as a service, payments as a service, and crypto & digital assets!
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While the US banking system was seizing up in response to bank runs threatening regional banks, Bitcoin, Ethereum, and other crypto networks didn’t skip a beat. Instability in the banking system threatened stablecoins, the on-ramps to DeFi, in stark contrast to regulator rhetoric
Despite the USDC (and DAI) de-peg, the Maker protocol remained over-collateralized and fully operational through the weekend DAI in circulation is up $1 billion (+25%) Demand for more transparent, more auditable, and more decentralized financial services has never been higher.
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Announcing the 2023 #hacksummit -- a virtual developer conference, happening March 31-April 1. Learn from the technical leaders of #blockchain and #web3 while helping great charities. Check it out: https://t.co/bgcamv7lGZ
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Mastercard🤝Crypto It is great to see another household fintech brand like @Mastercard integrating themselves further into the crypto and defi ecosystem with a partnership with @circle and USDC. https://t.co/bkFDIVbhsU
cointelegraph.com
Users will be able to use their existing Web3 wallets to make direct crypto payments without relying on a third party for collateral.
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🌊🌊 The Next Wave of Crypto Users Will Not Know That They Are Using Crypto Check out the new @Layer2Financial article where we explore how many people are realizing the benefits of crypto, without knowing they are using crypto. https://t.co/is7IFovPqv 1/ 🧵 #fintech
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