Shifting capital markets on-chain. Introducing tokenized equities with Permissionless 24/7 access.
The fire starter On September 9, Jacob Coxon, a pretraining researcher who'd worked at both OpenAI and Anthropic, resigned publicly on X: "Neither company is acting responsibly. They are racing
Tomorrow at 2:15pm ET, the Senate holds a cloture vote on H.R. 3633, the Digital Asset Market Clarity Act. Here's where the key players actually stand. Why it matters: The bill would end years of
Per a16z crypto's latest data: $329M → $1.7B between June 2025 and June 2026. But the market cap number isn't the interesting part. Three deeper signals are the real story: 1️⃣ Growth is coming from
People often think brokerage accounts exist to help people invest. They don't. Brokerage accounts exist because financial assets couldn't move. If you wanted to own a stock, someone had to custody it,
Every major asset class moves on-chain through the same pattern: the market starts with a familiar product, the wrapper changes how that product behaves, and the category grows once the on-chain
Q1 2026 RWA perpetuals volume across all venues: $524.79 billion. That is more than the entire 2025 total of $313 billion, condensed into a quarter. Most of that volume is leveraged equity exposure
The biggest IPO of 2026 has not even started trading for the public, and the tokenized market is already moving. SpaceX is going to be listed on Nasdaq under the ticker $SPCX. There are reports that
One of the most cited tokenization forecasts came from BCG and ADDX: tokenized assets could become a $16 trillion market by 2030. The number gets repeated often. What gets discussed less is the actual
Every leveraged equity trade has to accept a structural cost to get it. On a perpetual exchange, the venue holds your collateral and reserves the right to liquidate you, which means a single
Total market cap as of May 2026: just over $1 billion across every tokenized stock on every blockchain. The broader tokenized RWA market crossed $37.5 billion in May 2026. Tokenized equities are only
In May 2026, tokenized US Treasuries crossed $15 billion in total on-chain value. The number was $5 billion fourteen months earlier. The growth rate is steeper than anything happening in traditional
Every financial product you own today lives inside someone else's system. Your stocks sit at a broker. Your margin is extended by a prime broker. Your settlement runs through a custodian. Three