Ryne Miller 🇺🇸 retweetet
Ryne Miller 🇺🇸
351 posts

Ryne Miller 🇺🇸
@_Ryne_Miller
personal account; commodities, derivatives, and markets attorney
Beigetreten Kasım 2020
3.9K Folgt11.1K Follower

What happens when 4 lawyers walk into a wine bar? It’s privileged 🍷🇫🇷
@kkirkbos @Jessi_Brooks1 @TuongvyLe12

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@SolanaInstitute Washington x Wall Street summit in Brooklyn today. Very nicely done event. Congrats to the team.


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Laws around who can participate in prediction markets are being tested, but @_Ryne_Miller says the NFL could call it 🏈
What do you think? 👇
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Today, I’m very excited to announce that I will be joining @FTI_Global as the head of Franklin Crypto.
The convergence of traditional finance (TradFi) and the digital asset ecosystem is no longer a "future" trend—it is the reality of 2026. As I prepare to step into my new role leading Franklin Crypto with @sethginns and Tony Pecore, I am incredibly energized to help lead this firm’s continued evolution in a space that is fundamentally rewiring how global markets operate.
Crypto’s institutional era is upon us, and to succeed, Franklin Crypto must leverage its deep and unique understanding of crypto and traditional finance to build differentiated, scalable and compliant products for our clients.
My journey has always been defined by a foot in both worlds: the rigorous, disciplined structures of traditional finance and the high-velocity innovation of the crypto markets. At Franklin Templeton, my goal will be to leverage this unique vantage point to partner with our clients, building the institutional-grade products they need to succeed in this new digital frontier.
We aren't just observing the market; we are active participants in its transformation. Markets are tokenizing. The once-distinct lines between crypto and traditional assets are blurring into a single, cohesive financial landscape. Perhaps most importantly, the era of the "9-to-5" market is fading as we embrace the reality of 24/7 global liquidity.
It is fascinating to look back even just a few years. Previously, there was a perceived "reputational risk" for an institution to be involved in crypto. Today, that narrative has completely flipped. In 2026, the true reputational risk lies in not having a digital asset strategy.
As the "Institutional Era" of crypto takes hold, our clients expect more than just exposure—they expect sophisticated navigation with people they can trust. Franklin Templeton has spent years building the foundational infrastructure—including the proprietary Benji Technology platform—and the deep internal expertise necessary to manage these assets with the same precision as any traditional portfolio.
The timing for this transition couldn't be better. We are currently seeing a unique divergence: while broader market sentiment may fluctuate, the underlying fundamentals of the crypto markets continue to improve at an exponential rate.
Our mission is simple: to attract the best investment talent, build leading digital infrastructure and support the needs of our clients in this exciting new world. We differentiate ourselves through an exceptionally deep knowledge of both crypto-native protocols and traditional asset management.
By combining this expertise with Franklin Templeton’s legacy of operational excellence, we are perfectly positioned to deliver for our clients as they scale their own digital journeys. I look forward to what we will build together.

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I joined the @Unchained_pod @DEXintheCityPod podcast today; with the excellent hosts @TuongvyLe12 and Jessi Brooks - discussing the CFTC, DeFi, and Prediction Markets. See us here at 12:00 noon E:
m.youtube.com/playlist?list=…
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Zack’s write-up on using AI for legal is worth a look. The key takeaway for me - a useful prompt is 2,000 words long. AI as a tool remains - like all other tools - as valuable as the effort, process, and skill of the user using it. And that value can be exponential or not all that much - with the key variable being on the input side.
Zack Shapiro@zackbshapiro
New Article, possibly my last for a while. I've spent two years figuring out how to make a two-person law firm compete with teams twenty times its size using AI. This is the closest I'll come to explaining how. Also explains why I can type “plz fix” and get back work product that reads like I spent three hours on it, when really I spent three hundred hours building the system that did.
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Excited to share that I've been promoted to General Partner and Co-Head of Venture at Multicoin Capital alongside the best colleague anyone could ask for @shayonsengupta
multicoin.capital/2026/03/24/inv…
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I am excited to announce that @shayonsengupta and @SpencerApplebau have been promoted to General Partner and Co-Heads of Venture at Multicoin Capital.
Over the past several years, both have taken on significantly more responsibility across every dimension of our business. They’ve not only continued to identify, source, and lead deals at an increasing rate, but have also increasingly taken on more ownership of the strategy, operations, and long-term direction of Multicoin.
Multicoin was founded on the belief that crypto will fundamentally reshape global markets. We recently published our updated thesis for the next decade of crypto. We couldn't be more excited about the future of crypto and opportunity to invest in these theses.
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Ryne Miller 🇺🇸 retweetet

Today the @CFTC and @MLB made history by signing the first-ever MOU between a sports league and federal agency.
We’ve committed to work together to protect the integrity and resilience of prediction markets relating to professional baseball.
Through this partnership, the @CFTC is well-positioned to add additional tools to protect our markets from fraud, manipulation, and other abuses. Thanks to @MLB and Commissioner Manfred for working with us to protect the integrity of these growing markets.
Read the full MOU⬇️
cftc.gov/PressRoom/Pres…



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My net worth peaked at $1.2 million.
None of it was real.
I don't mean that philosophically. I mean it was located on servers that have since been turned off.
I own eleven properties in the metaverse. Three in Decentraland. Four in The Sandbox. Two in Voxels. One in Otherside. And a beachfront villa in Horizon Worlds that I bought for $214,000 because Mark Zuckerberg called it "the next frontier."
The frontier closed last week.
It's a mobile app now.
Last year I mass DM'd 340 people the phrase "you don't understand how early we are." I have since stopped doing that. Not because I was wrong. Because most of them blocked me.
I got into metaverse real estate in November 2021. Everyone was buying. Someone paid $450,000 to be Snoop Dogg's neighbor. In a video game. With no legs.
The avatars didn't have legs.
I thought that was bullish. "The legs are coming," I told my Discord. "Legs are a roadmap item." Three hundred people reacted with rocket emojis.
I called myself a "digital land baron."
I put it in my Twitter bio.
I put it in my LinkedIn headline.
I said it on a podcast that had eleven listeners. Three of them were bots. The rest were my alts.
My virtual property has more square footage than my actual apartment.
My actual apartment has furniture.
Location, location, location.
My most valuable asset was a plot next to a virtual Gucci store. Gucci left in 2023. The store is still there. Nobody's in it. It's like a mall in Ohio but with worse graphics and no food court.
I held.
Diamond hands.
That's what we said. "Diamond hands." It means refusing to sell while your investment loses 94% of its value. We turned financial paralysis into a personality trait.
A guy in my Discord paid $2.4 million for a 618-parcel estate in Decentraland. Prime district. High foot traffic. I asked him what "foot traffic" meant when the platform had 38 daily active users.
He said I didn't understand the technology.
I didn't.
I still bought more.
We had a DAO. A decentralized autonomous organization. That means we voted on decisions. There were nine of us. Three never showed up. Two voted on everything without reading it. The other four were me and my alts.
We voted to "acquire strategic parcels."
The vote passed unanimously.
I voted four times.
My portfolio peaked at $1.2 million. I told everyone. I made a spreadsheet. I projected 40x returns by 2025. I made a pitch deck. The pitch deck had a slide that said "WE ARE BUILDING THE DIGITAL ECONOMY."
The slide had a rocket emoji.
That was my entire financial model.
In 2023 I bought a Bored Ape for $189,000.
It's worth $14,000 now.
I don't talk about the Ape.
I still use it as my profile picture. People ask me about it. I say "I'm long-term bullish." Long-term bullish means I can't sell it without crying in a Panera.
My mom asked me what a Bored Ape was.
I said "digital art on the blockchain."
She asked why it cost more than her car.
I said "you don't understand Web3."
She said "I understand you live in a studio apartment."
She's not in my Discord.
Justin Bieber bought one for $1.3 million.
It's worth about $90,000 now.
I felt better about mine after I heard that.
That's community.
WAGMI. We're All Gonna Make It. We said that every day. In the group chat. While the floor dropped. While the volume dried up. While 95% of all NFT collections went to zero.
We're all gonna make it.
None of us made it.
But we said it with conviction and a laser-eye profile picture. That counts for something.
It doesn't.
But we said it did. That's decentralized consensus.
Meta spent $84 billion on the metaverse.
I need to say that again.
$84 billion.
More than the GDP of Luxembourg. More than the GDP of Iceland, Luxembourg, and Malta combined. They spent it on a platform where the avatars had no legs, the graphics looked like a 2006 Wii game, and the peak user count was lower than the lunch rush at a Chipotle in Des Moines.
They just pulled Horizon Worlds from VR headsets.
It lives on as a mobile app.
My beachfront villa is now a mobile app.
Location, location, location.
Zuckerberg renamed the entire company for this. Facebook became Meta. A $900 billion company changed its legal name because the CEO watched Ready Player One and said "I want that."
Reality Labs lost $10 billion in 2021. $14 billion in 2022. $16 billion in 2023. $18 billion in 2024. $19 billion in 2025.
That's not a strategy. That's a speedrun.
They laid off 1,500 Reality Labs employees this year. Shut down three VR studios. Killed Supernatural. Put the entire VR social vision in a casket and said "we're pivoting to AI and wearables."
The pivot took four years and $84 billion.
I pivoted too.
I'm an AI real estate investor now.
I bought a virtual plot in an AI-generated world that doesn't exist yet. The founder said it was "the intersection of spatial computing and large language models."
I don't know what that means.
I gave him $40,000.
He has a whitepaper. It's 47 pages. I read the title and the tokenomics section. The tokenomics section is a pie chart. I love pie charts. They make everything look like a plan.
The project has a roadmap. Q1: "Build community." Q2: "Launch beta." Q3: "Scale ecosystem." Q4 is blank.
Q4 is always blank.
That's where the exit scam goes.
My accountant asked me to value my metaverse portfolio for tax purposes.
I said $1.2 million.
He said "current market value."
I said $6,400.
He stared at me for eleven seconds.
I know because I counted.
He asked if I had any other investments.
I showed him my NFTs.
He stared for longer.
I told him they were "cultural artifacts with long-term provenance."
He asked if I'd considered a 401k.
I told him a 401k was "legacy finance."
He told me to leave his office.
The metaverse is dead.
I don't accept that.
I am a digital land baron. I own eleven properties across four platforms. I have a beachfront villa in a mobile app, a plot next to an empty Gucci store, and a cartoon monkey that cost me more than my actual car.
Location, location, location.
The location is nowhere.
But I'm early.
I'm always early.
That's the same as being wrong except you get to say it with confidence.
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Ryne Miller 🇺🇸 retweetet
Ryne Miller 🇺🇸 retweetet

FREEDOM CHANTS: Cubans attack Communist Party building, set fires in streets amid reported gunfire as island nation faces worsening blackouts and fuel shortages. foxnews.com/world/proteste…
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Ryne Miller 🇺🇸 retweetet

🚨 NEW POLYMARKET: US x Cuba economic deal by…?
polymarket.com/event/us-x-cub…
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