🚨 Quietly one of the most underrated unlocks in crypto right now:
@Lorenzo Protocol just made the *fund itself* a first-class, chain-agnostic on-chain object.
Yeah, yeah… “interoperable funds” – we’ve heard that pitch a dozen times. Most versions = fancy wrappers around the same off-chain spreadsheets, PDFs, and 1997 legal templates. Cute, but exhausting.
Lorenzo said nah.
They’re treating the entire fund like it’s 2015 and we just invented ERC-20 again. Deposits, redemptions, strategy execution, performance data – all native, programmable, and speaking the same language across chains. No 47 middleware layers coping and seething in the background.
If you’ve ever helped a crypto fund close a quarter… you know the pain is real. On-chain trading, DeFi yields, whatever – but the actual fund admin? Still Google Sheets and lawyers on email. It’s giving vintage nostalgia (derogatory).
This isn’t just another product. It’s infrastructure porn. The “let funds be tokens again” energy we didn’t know we needed.
Asset management doesn’t go fully on-chain by putting a DeFi bow on legacy ops. It goes on-chain when the fund itself stops being off-chain baggage.
Lorenzo is building the rails for that future and most people are still sleeping on it.
Bullish. 🧠🔥
