Does Sydecar view Passthrough as a potential partner or competitor as the company expands its services and offerings?

Piggybacking on what I just said, I view literally everyone in our ecosystem as potential partners. This is not a winner takes all market. What we're really good at, we are the best at. The transaction piece through fund structures or through an SPV in our fund vehicles in the future, we will be the best at. 

If a company like Passthrough wants to engage in that activity and monetize it, it would make the most sense to partner with us. I've met the Passthrough team a number of times, and I think they're amazing. I respect what they're building, I understand where they're going with the business. I can definitely envision us partnering in the future.