Revenue Comes to Crypto
Tomasz Tunguz
JULY 4, 2025
If I have a dollar to invest in a stock or a crypto token, how do I decide? I need to compare across the two. Historically, that comparison was impossible. Crypto traded on a potent cocktail of hype, narrative, & the promise of a decentralized future. Perception drove valuations. That’s changing. The word “ revenue ” is no longer verboten in the world of crypto.
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