*By Jacqueline Corba*
The hedge fund Morgan Creek is betting on the power of blockchain to digitize company equity.
The fund's blockchain group is focused on converting traditional paper equity into tokens. This can create a more open free market for investors, and can help regulators, said Anthony Pompliano, a partner at Morgan Creek Blockchain Capital.
"The blockchain actually manages not only the equity or the capital stack but also all transactions with that equity," he said in an interview with Cheddar.
Morgan Creek Capital Management will invest $500 million in blockchain technology. The hedge fund [acquired Pompliano's Full Tilt Capital](https://www.bloomberg.com/news/articles/2018-03-27/morgan-creek-acquires-full-tilt-capital-for-blockchain-push) in March, two months after Full Tilt went all in on cryptocurrency.
"In the digital world what ends up happening is the protocol in which these transactions are happening has the rules written into them, so the rules are written in software and would not let me make a non compliant trade," Pompliano said. "We actually think that the regulators, at some point in the future, are going to mandate that every company in the world tokenizes their equity."
For the full interview, [click here](https://cheddar.com/videos/why-hedge-funds-are-betting-big-on-blockchain).
In the David and Goliath saga that has been captivating and confusing Wall Street recently, Goliath has fallen.
Washington Mystics forward Aerial Powers spoke to Cheddar about championing women in the world of video games and esports.
Easily track health stats like hydration and body composition through this smart strap and accompanying app.
Fort Collins, Colorado Mayor Wade Troxell, a member of the FAA drone advisory committee, spoke with Cheddar about how the recently implemented rules will affect the use of drones going forward.
The highly-rated bundle includes 220 lessons designed by Certified Ableton Instructor J. Allen for a proper education on one of the industry’s most important tools.
Jeremy King, senior vice president of engineering at Pinterest, joined Cheddar to talk about the augmented reality tools the social media platform is utilizing to improve e-commerce experiences for users.
Following Virgin Orbit's successful launch of satellites using its novel air launch system, CEO Dan Hart spoke with Cheddar about the future of space travel using this method.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Imagine going two whole years without any spam calls or texts. Now imagine paying only $49.99 for that guarantee.
Telehealth company Hims & Hers is making its stock market debut after completing a merger with special purpose acquisition vehicle Oaktree Acquisition Corp.
