Traditional securitization markets have difficulty bundling individual servers or computing equipment into investable products, Anderson said. Stablecoins – with over $300 billion in circulation on-chain – create a new source of capital for asset-backed lending.
“We have the capital in line to finance this industry,” he said.
The same thinking extends to energy. Framework has invested in Daylight, which finances residential solar projects through a distributed energy network, and Uranium Digital, which is building a token market for physical uranium.
Another generation
There is also a notable shift in the profile of the founders who are building today’s crypto companies, Anderson said.
Rather than anonymous crypto-native developers launching speculative protocols, Anderson said, many founders now come from traditional finance, energy or industrial technology, bringing deep expertise while using blockchain as the underlying financial infrastructure to solve real-world problems.
Framework’s recent investments already reflect this trend. These include TVL Capital, founded by former members of Morgan Stanley’s digital assets team; robotics startup Mecka AI, which provides training data to pioneering AI companies; and Plasma, a blockchain-based banking platform built around stablecoin payments.
The venture capital firm’s strategy reflects a broader shift in the digital assets sector. Global banks and asset managers are increasingly using blockchain rails to issue, exchange and settle traditional financial assets, while stablecoins are becoming part of cross-border payments and treasury operations as banks and fintechs seek to modernize payment rails.
