Kayle Watson, a former Navy SEAL and ex-BlackRock executive, shares 4 altcoin projects she’s considering buying long-term. We, as Kriptokoin.com, have compiled the shares of the Wall Street veteran for our readers.
21Shares executive plans to get these altcoin projects to hold
Kayle Watson studied mechanical engineering at the Naval Academy and worked on board for three years before undergoing the famous hard training to become a US Navy SEAL. After nine years of active duty, Watson, who has always enjoyed reading Money magazine, decided to move to New York and get a job on Wall Street. Now he’s into crypto as the newly appointed head of US sales for 21Shares, a Cathie Wood-backed startup.
As a long-term investor, Kayle Watson says she will try to buy and hold rather than trade. After setting up his crypto wallet, he is preparing to collect some tokens, including Ethereum (ETH), Chainlink (LINK), Polygon (MATIC), and Terra (LUNA).
The traditional finance background has helped him turn his attention to Chainlink, a decentralized oracle network that allows Blockchain to access real-world data. Indeed, Bank of America analysts led by Alkesh Shah noted in a note Thursday that Chainlink could accelerate the adoption of blockchain use cases across finance, insurance, supply chain, gaming and gambling. In research note
, the decentralized oracle network has secured more than $60 billion invested in smart contracts, provided over two billion data points, and generated more than 2.5 million verifiable random numbers for NFT distribution and gaming.
Kayle Watson says she’s also positive about Polygon after finishing her 21Shares research on the second layer network. The crypto asset manager launched the world’s first Polygon ETP on the SIX Swiss Exchange in November.
The company currently has 28 crypto-backed ETPs and over 100 listings on 10 regulated European and Swiss exchanges. In the US, it has teamed up with Ark Invest from Cathie Wood to file the ARK 21Shares Bitcoin ETF, which the SEC will decide to approve or reject on April 3, according to a recent filing.
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