The Digital Marshallese Sovereign

I’ve learned over the years that many of the most important things start out looking like little things or even laughable things. So if you want to laugh at this news, that will make me very bullish on it.

The Marshall Islands announced today that they will be issuing a digital version of their national currency, The Marshallese Sovereign, built on top of our portfolio company Algorand‘s blockchain.

The Marshall Islands claims that theirs will be “the world’s first national digital currency.” I suspect it won’t be the last.