Long Take: The Federal Reserve Payment Processor, its $100B of revenue, and whether blockchains and L2s can match the value it settles

Hi Fintech futurists --

Another chunky week! Just a polite heads up about the Coinbase S-1 dropping (with figures largely similar to our discussion last week) …

… the super interesting developments in the NFT market with Sorare (football NFTs) raising $50 million for a 12 person team …