Fund Overview - Circle Ventures launches the Arc Builders Fund to support early-stage teams building real-world financial apps and services on Arc [1] - The fund aims to accelerate innovation by backing projects that benefit from Arc's design [1] - Arc's mission is to power the new internet economy with open, composable, enterprise-grade infrastructure [1] Focus Areas - Onchain markets with low-latency architecture are a key area of focus [3] - RWA (Real World Assets) and private credit markets built on private, composable rails are targeted [3] - Onchain FX flows with Circle StableFX and Circle Payments Network are of interest [3] - Agentic commerce for autonomous systems and machine economies is a focus [3] - Energy and compute protocols powered by deterministic settlement are included [3] Important Notice - The Arc Builders Fund is a Circle Ventures corporate initiative, not a fund or vehicle being formed [2] - Circle Ventures is not an investment adviser or broker-dealer [2] - Investor Network members make independent decisions [2]

Onchain Market Trends - Onchain 市场正在加速发展 [1] - 流动性、信息市场和人工智能可能定义下一个时代 [1] Key Participants - MyriadMarkets 的 @farokh, opinionlabsxyz 的 @Nicki57457, 以及 Pancakeswap 的 @Headchef_pcs 参与了讨论 [1]

Market Activity - Solana's onchain markets are thriving following the launch of @Sunrise_DeFi MON [1] - Total volume reached $131 million [1] - Approximately 360 thousand trades were executed [1] - The market saw participation from 21 thousand unique traders [1]

Partnership & Fundraising - Save the Children reached over 113 million children globally in 2024 [1] - Save the Children secured billions in funding for childhood nutrition and education [1] - Save the Children partners with @helpdotfun to introduce onchain markets for charity [1] - Donated trading fees from $KIDS will support Save the Children's work [1] Initiative & Goal - The initiative starts with solving a puzzle [1] - The initiative supports IDG2025 cryptoforgood [1]

Onchain Markets & Regulation - Bringing equities regulatory compliance onchain is a significant challenge due to rules, regulations, internal politics, and lobbying [1] - Well-funded teams are working to make onchain markets a reality [1] Avalanche & Dinari - Avalanche aims to connect US equities with global markets [1] - Dinari Global is building the future of equity markets through the Dinari Financial Network [2] - Dinari Financial Network is an omni-chain orderbook and L1 network for tokenized U S equities, powered by Avalanche [2]

Market Trend - The market is transitioning towards on-chain activities [1] - The network is experiencing increased activity [1] Development & Improvement - Developers are actively working to enhance the network [1]

Market Inefficiency - Traditional IPO pricing by private bankers can lead to significant undervaluation, as seen with Figma's ~$30 IPO price versus a market open at $95, exceeding $120 [1] - This undervaluation resulted in Figma missing out on approximately $3 billion and retail investors facing losses [1] - The current system is likened to "MEV with suits," highlighting unfair advantages for insiders [1] Solana's Solution - Solana aims to create more fair markets through on-chain markets [1]