Who’s really capturing crypto’s value?
@LorenzoARK points to a surprising force: private giants like Binance and Tether.
His 2025 estimate puts centralized crypto at ~$70B in revenue vs. ~$8B on-chain.
See what’s driving the divide👇
$70B vs. $8B
@ARKInvest’s @LorenzoARK says centralized crypto companies generated 8–10x more revenue than on-chain companies in 2025.
That gap is hard to ignore.
@_dsencil explores what it could mean in the full interview. 🔽