Lou Kerner, Co-Founder & Partner, CryptoOracle, sat down with Julie Cooling, Founder & CEO, RIA Channel at the Digital Asset Strategies Summit (DASS) to discuss all things crypto, and it’s potential to change the investing world as we know it.
Following the wild swings of Bitcoin last year, some mainstream investors began to lose interest in crypto, many even writing it off for good. On the flip side, “Wall Street’s Bitcoin Expert,” Lou Kerner says he “saw the crypto light” and has been all-in ever since.
CryptoOracle, launched in December of 2017, aims to give the decentralized crypto community a center for collaboration, as well as a launch pad for growth. The “community-first VC firm” has fostered some of largest virtual and physical crypto meetups in the world. The most notable being, “CryptoMondays,” which started with one location in New York, and in less than a year, expanded to over 10,000 attendees across 38 cities and 18 countries. Another growing community initiative is CryptoCommons. The shared work space is presently based in New York, but has plans to add a new Berlin location this upcoming year. “When these crypto communities work, everybody gets more out of it than they put in,” kerner says on cultivating a successful learning community.
On the investment side, CryptoOracle has put together a venture fund, an accelerator, and also offers advisory services to firms looking to leverage the crypto economy. “We’re in the beginning, nobody really knows anything … but from a broader view, we’re making a lot of bets across a lot of companies,” explains Kerner.
Crypto is not Lou Kerner’s first bout with disruptive technologies. In fact, his background reflects a long-time knack for propelling innovation forward. Kerner says, he was happy with his first career as an equity analyst, but decided to take a risk when an opportunity to join the “original internet incubator,” Idea Lab, came knocking. He went on to lead and angel invest in a series of companies during the early days of the internet. A time in which, Kerner believes draws a lot of comparisons to where we are with crypto technologies right now.
Today, it’s difficult to deny that the digital assets category is gaining rapid momentum. While still unpredictable, more and more institutions are recognizing crypto as a viable investment option, and curious advisors are increasingly seeing the light. As for Kerner, he doesn’t mince words when he says, “crypto is the biggest thing to happen in the history of humanity.”
To learn more on this topic, head to CryptoOracle.io.