
RVII - some industry news from Robinhood
Looks like they will be going early-stage so different play than VCX. Interesting to see nonetheless. Sharing for awareness.

Looks like they will be going early-stage so different play than VCX. Interesting to see nonetheless. Sharing for awareness.
Would be interesting to understand the block order sizes from the last few days to try to give an indication of how aggressively Fundrise is selling from the April 24 144.
My hypothesis is they are selling into the price action, magnifying the volume the last few days. Would need to see print size distribution to confirm.
Open to other’s perspectives.
u/BurnsVail - what are you tracking in Fundrise’s drawdown from the April 24 144?
I keep seeing a fixed 2.35$ cross chain swap fee appear as of 5/6 for all cross chain transactions. This hasn’t been there in the past. Is this a new phantom fee?
Would hope vcx can deploy some of their massive cash pile to ensure we keep our place on the cap table :D