Interview with Jenny Ta, crypto entrepreneur

There are few industries that have innovated more than cryptocurrency in recent times. We have now seen all types of sectors appear – decentralized finance (DeFi) and NFTs, for example, did not even exist a few years ago.

Behind all this innovation are entrepreneurs, driving the budding business forward. Some became world famous – Ethereum founder Vitalik Buterin and FTX founder Sam Bankman-Fried suddenly became among the richest people on the planet. Even the mysterious Satoshi Nakamoto could also be in the market somewhere, with his approximately 1 million bitcoins still intact in his wallet.

We sit down with an entrepreneur right now, Jenny Ta, hoping to make her mark on the trade. It has a fascinating new history steeped in innovation. Accustomed to start-up companies, she now finds herself in this fantastic world of cryptocurrency.

CoinJournal (CJ): Are you able to give a quick introduction about yourself to our readers who don’t know you?

Jenny Ta (JT): I’m a Wall Avenue veteran, self-made millionaire, and seasoned entrepreneur with three hugely profitable top companies under my title. As founder and CEO of Titan Securities, a full-service brokerage and funding banking agency, I led the company until its acquisition in 2005. Previously, I founded Vantage Investments, another full service and corporate banking. agency, which I grew to a 3rd of a billion {dollars} in ownership.

CJ: You are a prolific entrepreneur. What inspired you to start companies and why do you think you are good at it?

JT: I’ve been pretty profitable as an entrepreneur, which compels me to keep doing it! Prior to starting companies, I was a Wall Avenue market maker who managed two corporate banking firms. It was there that I discovered that certain areas of technology could be problematic and that I could help solve these problems by starting my own organization. So instead of taking conferences with startups seeking funding from my funding banks, I founded a startup myself.

CJ: When did you first dive into crypto? Why?

JT: I got into crypto in late 2015 when bitcoin was promoting for less than a thousand {dollars}. My first tweet about bitcoin was that it might move its all-time high and the fintech house would soon explode. Both of these issues definitely happened over the next 12 months, and I was hooked. I became a true believer as I learned more about how blockchain works and how your entire crypto ecosystem is tied into a small circle of businesses. Having seen the house expand since then, I imagine bitcoin will soon be in everyone’s wallet, along with digital ownership to take over standard publicly traded companies on Wall Avenue and eventually a global foundation.

CJ: Can you please clarify how you came to your new position: CEO of by HODL Belongings?

JT: I founded my third company, CoinLinked, a decentralized social commerce platform, two months after the first wave of the COVID-19 pandemic hit the United States. CoinLinked’s goal was to allow individuals to regularly purchase supplies and pay with crypto so that they could reserve fiat to pay for lease and other requirements. The company took off and generated solid revenue by the end of 2020. Then in 2021 I was invited to one of HODL Belongings Twitter spaces and connected with the genuine founders of the company . They had an NFT aggregation platform and were trying to add social options to it, while I had the social platform and was considering including an NFT feature. After quite a bit of discussion, an M&A was initiated and CoinLinked was acquired in August 2021. I came on board as co-founder and COO. In June of this year, I was asked to take over as CEO of by HODL Belongings.

CJ: You took this position shortly before the sharp drop in the cryptocurrency markets. Does this motion of value concern you? How much more sustainable is it to run a cryptocurrency business in a bear versus what it might have been in a bull?

JT: I really took over as CEO on June 1, after the sharp town center in the cryptocurrency markets had already begun. Value movement does not concern me due to what I noticed during the crypto winter of 2018-2020. As an experienced trader, I also find that bear markets and crypto winters are just alternatives for hoarding goods at low prices. Cryptocurrencies should not act as a hedge against traditional assets such as stocks and bonds; a bear impacts each sector. Clearly, in a bull market, everything is less complicated, from financing to investing. However, you probably have the fervor and tenacity to run a business, but a crypto business through a bear market is a problem you love. As a serial entrepreneur, I really enjoy these challenges.

CJ: Do you think NFTs and other Web3 tasks will be able to regain the volumes and interest they attracted throughout the rally?

JT: I fully imagine that the market will rebound again! Web3 tasks and NFTs are just getting started. Now is the perfect time to get into NFTs: they have the opportunity to win up to 100x with an investment of just $1 or $200. Because the market continues to evolve, what comes next is as much as those trying to earn revenue from NFTs, whether the crypto is up or down. These include people who have never purchased an NFT in any way, people looking for a long-term, value-based method to accumulate NFT wealth, and even people who are short on time or technical knowledge to do hours of analysis in the most popular NFTs.

CJ: What would you say to aspiring entrepreneurs who are thinking of getting started to create something within the crypto-household?

JT: I might tell budding entrepreneurs that it’s better to build a bear, or a crypto bear in particular. If you’ve been given an ideal concept that has yet to materialize in the crypto house, that’s fine – more energy to build that business or startup. The house of crypto remains so young. Many unicorns will come out of it, and will even exceed the standing of standard corporations.

CJ: I think it’s always fascinating when trad-fi individuals make the leap to the crypto side. Can you give us some insight into your historical past on Wall Avenue?

JT: My first finance bank agency had fifty registered representatives (stockbrokers) with a mix of nearly half a billion assets under administration. I was always fascinated by high-tech real estate. I did well in semiconductor stocks and buy and sell calls, and put picks against the underlying inventory. The transition from trad-fi to DeFi was therefore not too difficult. Each sector complies with related SEC laws, and the underlying know-how – blockchains and good contracts – is somehow easy to navigate.

CJ: Do you have any other plans within the crypto house? Are you interested in something, or is your time dedicated only to GalaxE?

JT: While GalaxE takes up the majority of my time, I collaborate on many totally different tasks. One is the inaugural Internet 3 Expo at the Wynn Resort in Las Vegas next October. As a companion, I help plan the three-day summit and will be a guest speaker. I am also concerned with the platform of crypto, NFT and P2E games from different parts of the world, especially Asia-Pacific. And I’m advising a few global crypto companies to go public right here in the US through a SPAC or reverse merger, because that’s my area of ​​interest from Wall Avenue.