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Karl-Michael Henneking
CSO I Founder I Advisor I Investor - Emerging Tech
Karl-Michael Henneking is an accomplished executive with a global career in senior management and consulting roles within the telecom, IT, and digital sectors.
He is deeply committed to formulating and implementing corporate strategies, fostering growth, and driving digital innovation. Karl-Michael is highly experienced in building ventures, guiding digital transformation efforts, and aiding leaders in navigating the complexities of the digital landscape.
He played a crucial role in establishing the Playbook for Digital Transformation, a comprehensive guide designed to assist top-level executives and decision-makers in adopting new business models, services, work practices, and digital tools.
As a Co-Founder of Untitled INC, Karl-Michael leads a network of experts specializing in blockchain, distributed ledger technology, tokenomics, and the distributed economy. His ventures within this network include the Blockchain Research Accelerator, Liquiditeam, UIE (Untitled Investment Expertise), and Advantum Partners.
Throughout his career, Karl-Michael has held CxO positions where he oversaw Corporate Strategy, Digital Transformation, Venturing, M&A, Marketing, Innovation, and Business Development. He has successfully launched three greenfield mobile carriers and a rapidly growing digital service marketplace.
His professional journey began in management and technology consulting before he rose to the position of Managing Partner and Executive Board Member at one of the world's largest telecommunications consultancies. In this role, he worked on strategic projects focused on marketing, innovation, and ICT companies across various regions worldwide.
Karl-Michael Henneking pursued his academic studies at the University of Hamburg, where he earned a Ph.D. in Business Administration with a focus on Marketing, Retail, and Statistics.
Highlights
⏯ The Future of Euro Stablecoins - Playbook for a 100X Opportunity Recent moves by Societe Generale, which listed their new euro stablecoin on the crypto exchange Bitstamp, and the announcement of DWS Group, Galaxy, and FlowTrader to launch a MiCAR-compliant stablecoin are only the first heralds of tectonic shifts in the euro stablecoin market. ⚔️ Expect a fierce battle for supremacy in a market with a 100X growth potential. If you would like to receive a copy of the attached presentation, please let me know in the comments. The presentation is inspired by the Untitled Investment Talk about the state of the art in Euro stablecoin land with Gregory Klumov from STASIS/EURS, plus a couple of very insightful talks I had, amongst them with Henri de Jong from Quantoz Blockchain Technology about their EURD product and with Luis Schaubhut and Jan Philipp Kriener about their academic research papers on stablecoins.
Credits: The presentation became much better because of the critical and encouraging feedback of Peter Grosskopf, Alexander Hoeptner, Dr. Jonas Gross, and Dr. Oliver Krause 🙌🏼 If you are generally interested in stablecoins, check out the comments for further related content. And most importantly …
🎄 The Untitled Investment Expertise and Untitled INC teams wish you a Merry Christmas, and lots of 🎁 🎁 🎁!
💯 Are Euro stablecoins a 100X growth opportunity?
In principle, yes. But why hasn't this opportunity materialized so far?
✅ Is there a viable business model for stablecoins in Europe? YES.
✅ Are there projects pursuing the opportunity? YES, coingecko lists 13.
🤔 Have any projects succeeded? This depends on your definition of success. At least three projects – EURS from STASIS, EUROC from Circle, and EURT from Tether.to – have 'significant' market caps, totaling around $230m or €213m as of today.
However, on a global scale, Euro stablecoins represent a niche, constituting less than 0.3% of the $128 billion stablecoin market cap.
So, how to break the 99% dominance of US-based stablecoins? How to reach a Euro share in the stablecoin market that is similar to the 20-30% share in the fiat currency world?
The 'Untitled Investment Talk' with Gregory Klumov, CEO of STASIS, delves into this question and offers several thought-provoking insights: For example "The products are not good enough for consumers to switch." BUT ...
Now available as a transcript 📝 https://lnkd.in/eigSXbuU
If you prefer to listen 🎧 Spotify: https://lnkd.in/dqNQxz7 Apple Podcast: https://apple.co/3uvHLFe
Untitled Investment Expertise UntitledInvestment expertise Untitled INC Investment Natives
#stablecoins #euro #cryptocurrencies #MiCAR #fintech #blockchain
