Yano pfp
Yano
@yanowitz
TVL will become the Assets Under Custody metric of crypto. A fluffy headline metric that actually means very little for a business. State Street custodies $50 trillion yet is only valued at $25 billion. Compare that to JPM, who custodies $30 trillion yet is valued at a whopping $645 billion. It's about what you do with the assets, not about how much you having sitting unproductively on your platform.
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Thomas Mattimore pfp
Thomas Mattimore
@mattimost.eth
or rather, how much revenue you generate off the assets...
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