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Just now! The new Federal Reserve Chair's holdings of $192 million have been revealed, including $SOL, $OP, and $COMP, as the global financial game rules are about to be permanently rewritten!
Kevin Wash, the individual who may succeed Jerome Powell as the head of the Federal Reserve, has submitted a financial disclosure to the Office of Government Ethics. The document shows that his and his spouse’s assets are at least $192 million. Hidden within this document is a crypto investment map spanning public blockchains, DeFi, prediction markets, and $BTC payment infrastructure.
His nomination hearing has been scheduled for April 21. Although Senator Thom Tillis said that he would block a final vote until the criminal investigation into the sitting Chair Powell is withdrawn, Powell’s term ends on May 15. The window of time is closing.
Wash’s investment approach is not passive allocation through $BTC spot ETFs or brokerage accounts. As a limited partner, he directly participated in early rounds of more than thirty projects through private venture capital funds such as DCM Investments 10 LLC and the AVF and AVGF series.
This portfolio map covers every key track in the crypto industry. In public chains and the scaling layer, he has stakes in $SOL, $OP, Blast, as well as the Layer-2 AI blockchain platform Zero Gravity and the social blockchain DeSo.
In the DeFi and trading infrastructure layer, his holdings include the lending protocol $COMP, the derivatives platform dYdX, the decentralized trading protocol Lighter, the trading platform Eulith, and Kinetic. In the on-chain asset management direction, there are SkyLink, Ridian, and the DeFi data infrastructure OneSafe.
In prediction markets, he simultaneously backs Polymarket and Melange. In the $BTC payment direction, he holds direct stakes in Flashnet and the Lightning Network. For crypto financial services, he has laid out OnJuno, Lemon Cash, Caliza, and Alpaca.
In the Web3 and NFT direction, he covers Crossmint, Dapper Labs, Friends With Benefits, CreatorDAO, Vana, Tenderly, and the game company Metatheory. On the institutional investment side, he holds stakes in Polychain and Scalar Capital.
In addition, he previously held equity in Bitwise Asset Management, the issuer of the $BTC spot ETFs, which constitutes his earlier crypto risk exposure. This list is not simply wealth management; it is an industry recognition map.
Because the value of any single holding for most funds is below the $1,000 reporting threshold, outsiders cannot know the exact amounts. But Wash holds more than $100 million in assets in Juggernaut Fund LP, and under THSDFS LLC he also has multiple holdings worth millions of dollars, with the underlying assets all protected by confidentiality agreements. His true crypto risk exposure likely far exceeds the scale that the document appears to show.
Over the past several years, the Federal Reserve’s stance toward the crypto industry has been characterized by conservatism. For a long time, there has been a lack of policy support for connecting on-chain settlement with traditional clearing systems. It is difficult for a decision-maker who has never invested at the protocol level to truly understand the business logic of DeFi mechanisms and the settlement layer.
Wash’s background is completely different, and it is not only reflected in his holdings. He has served as a consultant to the Duquesne family office under Stanley Druckenmiller, earning a cumulative $10.2 million. Druckenmiller is a well-known $BTC bull on Wall Street.
He also received $1.55 million in consulting fees from GoldenTree Asset Management, whose assets under management exceed $60 billion, and the fund has included $BTC in its investment portfolio. In addition, he received $750,000 each from Cerberus Capital Management and Brevan Howard. The former is deeply involved in crypto, while the latter has a dedicated crypto division, BH Digital.
Just in the first half of 2025 alone, his speaking fees exceeded $780,000, coming from institutions including TPG, Bank of New York Mellon, and Warburg Pincus, among others; Bank of New York Mellon has already launched digital asset custody services. This client list outlines a circle of recognition deeply intertwined with the crypto industry.
Under regulations, Wash needs to sell the vast majority of his holdings, and after taking office he must observe a one-year recusal regarding recent financial interests. On sensitive topics such as stablecoin legislation, bank digital asset custody, and approval of tokenized deposits, during the window he may be unable to directly state his position.
But for institutional investors, the regulator’s baseline understanding of these issues is about to change, and the emphasis of policy direction will sooner or later shift as well. His year of silence is the real window of competition.
The Federal Reserve is about to be led by someone who truly understands the mechanisms of DeFi, has backed prediction markets, and has long served macro institutions that are friendly to crypto. The absolute size of Wash’s holdings is not the core; what matters is the cognitive baseline he brings when he sits in that seat.
When the dealer has once sat at your poker table as an investor, the rules of the game have already changed forever.
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