gabriel shapiro
@lex_node

corpsec attorney, now tokenizing companies at @MetaLeX_Labs ex-BigLaw Buyside Tech M&A (Weil, Hogan Lovells) ex-@Delphi_Labs GC @BrownUniversity grad

 Cybertron
cyberraise.metalex.tech/
Joined January 2018
6,215 Photos and videos
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Regulation Crypto: What Works, What's Missing, and What Congress Already Drafted

Note: A version of this piece was submitted to @SECGov as a public comment on proposed Regulation Crypto Assets (File No. S7-2026-27). The letter runs 22 pages with pinpoint cites and will be

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Why Putting Entities Onchain Is Cypherpunk

"Gabe, you seem so cypherpunk/futurist/accelerationist in your proclivities, why are you interested in putting *legal* entities onchain??!!!--code is law, after all!" My answer--putting entities

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the SEC's new innovation exemption is a great step, but I'm requesting five changes focused on tokenization quality controls
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Tokenized Stock on AMMs: What the SEC's Order Gets Right and What It Leaves Open

Note: A version of this piece was submitted to @SECGov as a public comment on the Innovation Exemption order (File No. 4-927; Release No. 34-106402). The comment is filed in my personal capacity and

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L2s Are a Great Business. They Can't Be Ethereum's Main Business.

Corporate L2s are optioning Ethereum as a settlement layer and signaling Ethereum alignment performatively, not actually settling to Ethereum or structurally aligning their economics with ETH.

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DTCC is not our friend. We must dismantle existing power structures, disintermediate, and put entities and their securities directly onchain to rebuild capital markets on the internet.
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DTCC, the $4.7 Quadrillion Ultra-Intermediary Holding Title to Everything You Think You Own

Nearly every public security in America is registered to a partnership whose name means “surrender”. Now they’re coming for crypto. The most consequential financial institution most American investors

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What “Native Tokenization” Actually Means & Why Ethereum is the Logical Choice for It

“Native tokenization” is the term increasingly used to describe some genres of tokenized securities or how tokenized securities should be, but what does it mean? A commonly raised example of the

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The Arbitrum KelpDAO Rescue & What It Shows--L2s Must Become Accountable Or Go Stage-2

This week the Arbitrum Security Council confiscated $71M of ETH from a wallet by upgrading the Inbox contract to add an "act as any address" function, firing a cross-chain message in the target's

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Most "Tokenized Securities" Are Intermediary Cosplay — Time to Really Put Securities Onchain

Intro The security token industry spent the better part of a decade building compliance infrastructure for tokens that aren't securities, enforcing regulations on behalf of entities that never

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What is "Slop Tokenization," & Why is it Bad?

Most tokens represent nothing. Not in the trivial nihilist sense — in the architectural sense. The blockchain is not performing any essential function in the relationship between the token and the

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The VALOR License

something I've been working on--the VALOR License VALOR means "Validator-Authorized License for Operator Rights" VALOR bifurcates smart contract code into two legally distinct artifacts — source code

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5 Ways of Tokenizing Securities (& One Which is Best)

I've spent around 8 years--on & off, of course--thinking about how to actually, properly, for real, put securities on a blockchain. Not in the way that most "tokenization" projects have done—which

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ETH is Cyberpunk Money

Thinking About ETH Lately I've been sharpening my focus on ETH--why do I hold it, and do I want to continue doing so? Why do I think it's valuable? There are basically three major theses I've seen

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