Dan Elitzer breaks down Andre Cronje’s Flying Tulip raise at a $1B FDV and highlights an innovative fundraising mechanism: a perpetual onchain redemption right that effectively serves as a put to redeem original principal.

Dan Elitzer breaks down Andre Cronje’s Flying Tulip raise at a $1B FDV and highlights an innovative fundraising mechanism: a perpetual onchain redemption right that effectively serves as a put to redeem original principal.

𝕏/@delitzer •

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Flying Tulip’s roadmap is a multi‑year, audit‑driven rollout of its FT token, guarded and then permissionless trading stack, and oracleless applications layer built on shared pricing and settlement infrastructure.

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Andre Cronje’s Flying Tulip raises $200M at $1B valuation for it’s full-stack onchain exchange integrating spot trading, derivatives, lending, money markets, a native stablecoin (ftUSD), and onchain insurance into a single cross-margin system

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Flying Tulip’s roadmap is a multi‑year, audit‑driven rollout of its FT token, guarded and then permissionless trading stack, and oracleless applications layer built on shared pricing and settlement infrastructure.

Flying Tulip’s roadmap is a multi‑year, audit‑driven rollout of its FT token, guarded and then permissionless trading stack, and oracleless applications layer built on shared pricing and settlement infrastructure.

docs.flyingtulip ·

Andre Cronje’s Flying Tulip raises $200M at $1B valuation for it’s full-stack onchain exchange integrating spot trading, derivatives, lending, money markets, a native stablecoin (ftUSD), and onchain insurance into a single cross-margin system

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𝕏/@flyingtulip_ ·

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