Watch: Erik Voorhees on Why ShapeShift Is Shutting Down (youtube.com)
Erik Voorhees, ShapeShift founder and CEO, discusses why the crypto trading pioneer is transforming from a traditional equity-based VC-backed corporate entity to a decentralized autonomous organization (DAO). "Regulatory friction absolutely has a part in this decision," Voorhees said. Plus, what's next for ShapeShift's shareholders, employees, and customers.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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    • 1
    Francisco Gimeno - BC Analyst Another company which sees the signs of the times. Crypto prices don't matter anymore, as many are there just for the money, not for what the crypto means in a new 4th IR economy. ShapeShift change of focus is a bet on the future of this tokenised economy, where DeFi (a more evolved, regulated, safe DeFi) works for everyone. The acceleration is happening.