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Reserve 🌐 (@reserveprotocol)
The $DRAM ETF from @roundhill is an index of memory companies benefitting from the AI buildout. It sits at $9.6B in assets less than two months after launch, and it’s up 85% in value that time. This is so cool! So far we’ve mainly seen private hedge funds and their LPs enjoying the gains from this sector, but now retail investors have *public* fund access (in addition to the option of picking stocks manually, though most don’t have the time and expertise for that). The famous AI thesis hedge fund Situational Awareness is sitting on $13.6B in assets – not all that much more than $DRAM’s $9.6B, meaning retail is starting to enjoy a similar level of exposure. But $DRAM is a US-listed ETF, so you can only buy it in countries that are plugged into the US brokerage network. Fund access has progressed from private to public, but still leaves much of the world out. We can do better. By creating funds onchain with tokenized US stocks that are backed 1:1 with underlying equities and accessible outside of the US, we can extend access to most of the globe. That’s what we’re cooking right now, alongside the leading tokenizer of US equities. Stay tuned for globally accessible AI supply chain funds in the coming weeks, freely accessible in about 145 countries to about 6 billion people. If you are in the trenches on this trade, you can guess which vertical we’ll lead with. In Reserve’s pursuit of asset-backed currency, we’ve always had RWA support on our roadmap. We believe this is the perfect time to launch support for tokenized equities because we can address a real market gap: right now the economic benefit of the AI buildout is uneven based on where you live and what you can invest in, and we can make meaningful headway in fixing that with a product line we believe will bring usage to our platform and propel us forward as a project. Our endgame remains the construction of DTFs that protect your purchasing power whether we go through World War 3, the decline of the US and the dollar, or a true technological singularity. The next step in our journey is incorporating exposure to the AI buildout. We’re curious: Are you invested in the AI sector yet? Where are you from, and what has been your experience trying to get access? Which companies or sectors are you most interested in, or do you not know where to start?