What is Steakhouse?

Steakhouse is a crypto-related business that is not venture-backed, operating as a family business with a long-term perspective. The material tracks its approach to vaults and regulatory enforcement.

• Jul 2026 - Adrian said Steakhouse is not venture-backed but a family business, thinking in centuries.
• Jul 2026 - Adrian said that without a foundational layer, there are pockets of high risk first.
• Jul 2026 - Adrian said that with improved capabilities, growth can happen with fewer people, but people are hungry for vaults, so it will increase the number of vaults.
• Jul 2026 - Adrian said they expect the more boring vaults to grow more and faster.
• Jul 2026 - Adrian said that by constraining, it can be safer than a hedge fund, and regulations can be enforced better, quicker, and more securely.