ChainCatcher Message, renowned Silicon Valley angel investor Naval Ravikant stated in a post on X, "The transition of the world to a decentralized financial system takes time. From a market capitalization perspective, we are currently less than 5% of our target."
Naval is a well-known angel investor in Silicon Valley, having invested in prominent tech companies like Twitter and Uber. He is also a successful entrepreneur who founded the equity crowdfunding platform AngelList and authored the famous book "The Almanack of Naval Ravikant."