Rima Reddy

@joshk too good

@markwgrace @M13Company @FortuneMagazine cool guy

gm - I wrote some thoughts about the state of crypto and what we're thinking about at @M13Company! I talked about what's working (hint: the tech), what's not working (hint: branding) and where we go from here. thank you @FortuneMagazine for covering me ⚡️

Stablecoins will eat payments because of simple incentives: stablecoins improve *payment processors* margins for the first time! CC's take 2.5% from merchants, but non-bank payments companies (Stripe, Visa, Venmo, Square, etc) get only ~0.15% (.0015)! Payment cos want stables👇

my dad sat me down once and said: “There are only two jobs in the world: building or selling. If you’re not doing one of those, you’re just an expense.” still think about this.

@pedrosorren huge

Today, we are returning a 7x cash on cash to our LPs. Feels BUENO. Grateful.

@bznotes so wholesome!

I almost cried reading these… Asked a few CEOs if they are Ok taking reference calls: - “Instant yes. I would be honored” - “The biggest YES. If there is an option for “family” that works too 🙂” - “Love this. Put my cell number in parentheses next to it so they know I’m a call away.” - “You can list me as a friend anywhere anytime” - “Are you kidding! Of course! I’d be sad if you didn’t.” - … Y’all are amazing.

@packyM sobriety

If you had to invest in one idea that's not mainstream now to gain the most popularity in the next year, what would it be? what about next 5? purposely leaving pretty open ended

🚨 Bybit just delivered a masterclass in crisis communications after experiencing the largest hack in crypto history. The situation is still live, but they’ve already succeeded in calming markets. It’s a teachable moment for the rest of us. Here’s what they did right—and why it matters. 🧵👇

in depth research by @samcallah

This year you're going to see: 1. More flows into ETFs 2. More corporates buying more Bitcoin 3. More nation states buying more Bitcoin 4. US Wealth Management buying for clients 5. Banks and FIs launching services to help clients access Bitcoin 6. Regulators creating productive clarity 7. The world (geopolitics, monetary policy, etc) increasingly in circumstances that drive the need for Bitcoin And, you're going to see more reputable people revealing their conviction in Bitcoin. It's going to be a watershed year.

@danpantelo lol

interesting name for a shopify app

@nihalmehta that’s the sweetest! so kind and thoughtful!

While I was in Miami today my five year old asked what my favorite color was today and I said blue. When I came home from the airport, my son gave me a blue flower. This is pure wealth.

@garyvee flying, try it!

Favorite hobby?

@AlwaysSunnyNYC 👏🏽👏🏽

Reducing the Trust Tax - Blockchain Applications Ken Griffin of Citadel recently admitted: “Of course, I wish I bought something that trades at 100-times the price it traded at a few years ago.” But, in the same breath, he asked: “What problem does it solve?” Answer👇 It’s a fair question—and one we’re excited to answer. 2025 is shaping up to be the year of real blockchain applications—companies solving real-world problems for everyday people. These applications aren’t using blockchain for the hype. They’re leveraging it to reduce what we call the “trust tax”—the inefficiencies, costs, and friction caused by intermediaries in everything from ticket sales to supply chains to advertising. Blockchain removes these layers of “outsourced trust,” replacing them with systems that are transparent, secure, and decentralized. But rather than talk in abstract terms, we wanted to explore how blockchain can solve problems you might encounter on any given day: Imagine you’re buying a ticket to a concert or a playoff game. You’re excited, but frustrated—you know StubHub or SeatGeek will tack on 20-30% in fees. That’s where @xpticket comes in. They’ve created a secondary ticket marketplace that slashes fees to nearly zero, much like how Robinhood disrupted trading fees. With XP, you’re no longer overpaying just to enjoy the event. The platform is already live, with over 50 million tickets on the platform, ready for you to try. Now, instead of going to the game, let’s say you’re hosting friends at home and head to the grocery store to stock up. Ever wonder if that “sustainably sourced” label is actually true, where your groceries came from, or if a food recall affects anything you’ve bought? @wholechain is transforming supply chain transparency, letting brands, retailers, and consumers see exactly where their food comes from at every step of the way. Using blockchain, they create an immutable, trusted trail—from the fishing boat to your plate. As the game starts, you’re streaming it live—but you’ve noticed how streaming services seem to cost more every year. @RillaNetwork is tackling this problem head-on. By decentralizing live-streaming infrastructure, they’re helping platforms reduce costs that even the largest companies struggle to control. It’s a win for both streaming platforms and consumers alike. Speaking of costs, you may have noticed your internet bill rising over the years. @andrena_wifi is changing that. Instead of laying expensive fiber cables, they have created a user-powered wireless network to provide affordable home and business Internet, at multi-gigabit speeds. They are operating in over 10 states and serving over 50,000 homes. And while you’re browsing the internet, wouldn’t it be nice to get rewarded for your time instead of being tracked by invasive cookies and ads? @veerabrowser has built a browser that pays you to browse, funded by brands that want to engage directly with users. It’s a refreshing take on rewards—and a fairer way to surf the web. How about rewarding you for your spending activity @claim connects brands directly to consumers, offering tailored rewards based on your validated purchase history. Instead of generic ads on platforms like Facebook or Google, you’ll receive personalized rewards from brands like Sweetgreen, Shake Shack, and Lululemon—all while keeping your data private. And speaking of rewards—what if you could earn them while helping to solve one of the biggest challenges in AI: data labeling? @PlaySapien has gamified this critical step in training AI models. By playing games, users are rewarded for providing high-quality labels in their area of expertise, solving a major bottleneck for enterprises while creating a fun and engaging experience for individuals. If gaming isn’t your thing, what about music? @officialmodhaus is starting with K-pop to redefine the fan-artist relationship. Instead of being passive spectators, fans can actively vote on decisions like where their favorite artist performs, what collaborations happen, or even which songs get released. Blockchain ensures every vote is transparent, while artists reward their most engaged fans with priority access and exclusive perks. Similarly, Trust Place (trust-place.com) is transforming how brands like Isabel Marant, Chloé, and Monnaie de Paris engage and reward their loyal customers. Imagine buying a new jacket or pair of shoes at a department store like Nordstrom or Macy’s—what happens next? Usually, nothing. But with Trust Place, the point of purchase generates a digital certificate of authenticity, safeguarding your product’s value in the secondary market while unlocking exclusive perks from the brand. For brands, this proof of authenticity becomes a gateway to building deeper customer relationships and unlocking new revenue opportunities through personalized engagement and tailored product recommendations. To further increase engagement and customer conversion, @Threedium enables brands to create immersive shopping experiences with 3D viewers, AR try-ons, and interactive ads. Trusted by brands like LVMH, Fendi, and Bulgari, it solves the pain point of customer dropoff at the point of sale and reduces return rates by helping consumers better experience products in an ecommerce setting. Taking 3D immersive experiences to another level, @PeachWorlds_ empowers businesses to create spatial 3D websites via a no-code platform. By making immersive web experiences accessible, they’ve reduced the historically high costs to a fraction, opening the door for brands and businesses to innovate. And as you browse, purchase and immerse yourself online, there’s always that lingering fear: Is my data safe? Passwords are increasingly vulnerable, and even biometrics come with risks. Most organizations don’t want the liability of storing sensitive data. Enter @Anonybit1, which decentralizes biometric storage, making authentication safer and more private for banks, fintechs, and others. Instead of one hackable database, your data is broken into encrypted bits and stored across a secure, decentralized network. These companies—and many others—are proving that blockchain isn't just about speculative assets or buzzwords. It’s becoming the underlying technology for applications that reduce friction, build trust, and empower individuals and businesses alike. What’s most exciting is that these applications don’t scream “blockchain.” They simply use it as a better, invisible set of rails. From ticketing to supply chains, AI to internet access, the future is being built—block by block. We are excited to be investors in the companies mentioned above and thrilled to partner with founders solving real problems leveraging blockchain to reduce the trust tax. We believe the macroeconomic conditions, regulatory climate, and market need for trust make this the perfect time for blockchain adoption. If you’d like to learn more about any of these companies—or know founders building the next wave of blockchain-powered applications—we would love to talk to you.

@UrszulaSolarz @CommerceVC thank you for sharing was so lovely to meet the group!!

@ReddyRima of @CommerceVC just blew my mind with some sick insights 🤯 1. There is a geographical factor to LPs (NYC = $ from those in fin services sector, LA = capital from celebs, SF = founders invest funds from their exited startups).

follow up: what percentage of bills are coded incorrectly to insurance 🤯

why is healthcare insurance coding so insanely opaque

so proud of my colleague @VivekKri !!! a well deserved promotion to Partner @CommerceVC 👏🏽🫡

why are all ubers in nyc mini vans? i miss sf and the uber/tesla deal

we out here!! @shoptalk let’s hang out