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Tokens is a Financialized Belief System

Openmind: Building The Intelligent Machine Economy

Our Investment in SBET: A New Chapter in the CeDeFi Convergence

Consensus from the Cracks: Tether and the New Global Monetary System

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消失的买入键

国与国之间的金融边界看起来复杂，真正落到个人账户上，往往只是一个按钮。

Jul 29, 2026

Who’s Trading Stocks Onchain?

(originally posted on X on Jan 29, 2026)

Jul 29, 2026

Openmind: Building The Intelligent Machine Economy

Money is a human invention for “entropy transfer”: if I pay someone to clean my house, I’m effectively dumping my...

Oct 17, 2025

What the Best Founders Taught Us: Low Ego

In our industry, there’s a familiar playbook of self-introductions:“I was one of the earliest in this space.” “I come from...

Oct 17, 2025

Our Investment in MEIP: From Protocol to Capital Strategy

We are proud to announce our participation in MEI Pharma (NASDAQ: MEIP), a Digital Asset Treasury vehicle strategically aligned with...

Oct 17, 2025

Convergence and Divergence: US, China, CeDeFi

Recently, extraordinary volatility in currency markets highlighted deepening macroeconomic tensions and significant shifts in global financial dynamics. The USD/JPY climbed...

Oct 17, 2025

Our Investment in SBET: A New Chapter in the CeDeFi Convergence

written by Yetta (@yettasing), investment partner at Primitive Ventures and Sean, liquid partner at Primitive Ventures

May 31, 2025

公链模式进化与估值逻辑博弈

在跟@DoveyWanCN 的AMA上，@forgivenever 提问我们为什么会支持Movement；Berachain TGE Fud一如既往地不少；那天看 @jinfizzbuzz 写Megaeth也有人说没上测试网就大谈生态很空气，这几天陆陆续续Solayer跟Story也要TGE。借着这个机会我来说说我们投资公链的逻辑。每家做公链都有自己的出发点，我说的不代表对，欢迎探讨，请DYOR。

Apr 23, 2025

VC的困局：流动性变革和信任机制重塑

这次去Consensus HK最大的感触就是VC太难了，说哀鸿遍野都不为过，跟P元帅们形成强烈的对比。有的VC募不到下一轮资金，有的VC走了一半的人，有的VC转做战投而不再独立投资，有的VC甚至考虑发meme来募资……

Apr 22, 2025

XRP’s ETH Flippening: Does Ripple’s Business Justify Its Valuation?

$XRP just flipped $ETH in FDV. Despite its prominence, few understand what Ripple actually does. Is it a massive scam?...

Apr 22, 2025

Writings | Primitive Ventures