Anthony Bassili 🇺🇸

President @CoinbaseAM, ex @Coinbase, ex @Blackrock

[Anthony Bassili 🇺🇸 @SmartestBeta]

See you all Paris for @proofoftalk !

Glad to take the stage alongside
@HadickM @StaniKulechov @maja0G @adam3us @CarolineDPham @diogomonica @XenBH @PaulFrambot and so many other great builders and leaders across this wonderful, world changing industry.

[Proof of Talk @proofoftalk]

Anthony Bassili @SmartestBeta, President of Coinbase Asset Management, takes the Proof of Talk stage this June.

@CoinbaseAM is the institutional bridge between traditional allocators and digital assets. Anthony is the person those allocators trust to walk them across.

After over a decade at @BlackRock building for the world's largest institutional allocators, including leading the iShares pensions business. Now running asset management at the largest crypto exchange in the United States.

At BlackRock, he spent over a decade in business development, investment strategy, and multi-asset portfolio management before leading the iShares pensions business. He knows how these institutions think, because he built for them.

He brought that playbook to Coinbase, first leading Institutional Americas, now as President of Coinbase Asset Management.

A CAIA charterholder and contributor to digital asset education with AIF Institute, the Global Interdependence Center, and CAIA, he's also an active early-stage investor and Web3 startup advisor.

On June 2–3 at the Louvre Palace, Anthony shares what he's learning as the person bringing traditional institutional capital into crypto through one of the most trusted platforms in the industry.

See you there.
https://t.co/ol4EWRsimW

[Brian Armstrong @brian_armstrong]

Big day for our US-based traders, and for Coinbase.

Until now, US users have been locked out of ~80% of global crypto markets (perpetual futures and options). But not anymore!

Coinbase is the first and only regulated platform able to connect US users to global crypto options and perpetual futures (including Deribit options with >$31B in OI).

Thanks to Chairman Selig and @CFTC for making this possible.

[Anthony Bassili 🇺🇸 @SmartestBeta]

Onshoring perps is a big step. Great to see this progress. USA!

[Mike Selig @ChairmanSelig]

In my first public remarks as @CFTC Chairman, I made clear that the agency would use the tools at its disposal to onshore crypto asset perpetuals. Today, the @CFTC delivered on that commitment.

This morning, the @CFTC took historic action to permit the listing of a true bitcoin perpetual contract by a CFTC-registered exchange, charting a path for one of the most liquid segments of the crypto asset markets to exist within the US regulatory framework.

[Superstate @SuperstateInc]

Everyone talks about IPO day. We’re going deeper.

Who gets in early? Who pulls the levers? Who wins before trading even begins? What really happens before and after the bell?

Presenting The Pop: a Superstate podcast exploring America’s IPO machine.

https://t.co/0pRqWoNpC9

[Anthony Bassili 🇺🇸 @SmartestBeta]

@OndoFinance Very sad news. Prayers for him and his family.

[Anthony Bassili 🇺🇸 @SmartestBeta]

@pangacapital awesome insight

[Anthony Bassili 🇺🇸 @SmartestBeta]

Leverage is powerful tool. Use it wisely. We do. @coinbase Institutional makes it seamless across the Prime platform.

Onchain Looping is leverage and exists because cross collateralization in DeFi is quite challenging.

Who’s building cross collateralization onchain?

[Anthony Bassili 🇺🇸 @SmartestBeta]

@launchnoodles Trade finance is an important part and a materially underserved sector. Crypto rails will advance global trade finance and we’re leaning in.

[Anthony Bassili 🇺🇸 @SmartestBeta]

CUSHY Digital Credit fund is reshaping upstream origination so that it works with protocols downstream.

[Anthony Bassili 🇺🇸 @SmartestBeta]

@kugusha @CoinbaseDuck We like it too - great to hear your feedback

[Anthony Bassili 🇺🇸 @SmartestBeta]

Asset Management is the next disruption

[The Rollup @therollupco]

Anthony Bassili on what it actually means that Coinbase now runs a fiduciary asset management business:

"Coinbase evolved from an exchange to institutional custody to Base to the retail wallet. Asset management was the next layer, acquired in 2023. Over a billion in AUM. US and Cayman regulated."

"Our job: manage money for clients. Fiduciary professional guidance and oversight over their crypto. Tax harvesting, volatility management, directly in their accounts."

"And we launch funds, actively managed, designed to give people managed exposure. That's the difference between a platform that holds your crypto and one that manages it. Coinbase is now both."

[Anthony Bassili 🇺🇸 @SmartestBeta]

Proof of work.

Room full of investors excited about Clarity Act.

[Anthony Bassili 🇺🇸 @SmartestBeta]

@TheTieIO @wsford @YieldPointCap @NicolaWhite444 @RobinhoodApp Fantastic discussion on the future of finance - thanks for hosting @TheTieIO !

[Anthony Bassili 🇺🇸 @SmartestBeta]

@yugacohler @CoinbaseDev Let’s GO

[Anthony Bassili 🇺🇸 @SmartestBeta]

The agentic economy is coming and it’s going to be BIG.

And the agents are going to need credit.

CUSHY Digital Credit Fund is actively building into this as a lending primitive.

https://t.co/Wi8vb8LdNG

[Coinbase 🛡️ @coinbase]

The agentic economy has found its home on Base.

[The DeFi Decoded Podcast @defidecodedpod]

Yield is moving onchain. Distribution is going global. AI will sit on top of it all.

— @SmartestBeta, President of @CoinbaseAM

[Marc Baumann 🌔 @marcb_xyz]

The convergence is accelerating.

In one product: a public company's asset management arm, a crypto native protocol founder's infrastructure, a 130 year old fund administrator, and three blockchains.

This is what the next 5 years of finance looks like.

Follow @fiftyonexyz for institutional digital asset intelligence.

[Meb Faber @MebFaber]

The S&P 500 dividend yield just hit an all-time low of 1.08%, going back to the 1800s. The prior low was 1.1% in 2000.

There are now "dividend" mutual funds with negative yields (their expense ratios are higher than their dividend yields).

Stock buybacks have exceeded dividends since the late 1990s.

And yet, nearly all stock funds still focus solely on dividends, which is crazy. (And it's not just about the buybacks, but also the share issuance!) Buffett's been talking about this more than anyone for decades...

We wrote a book on the topic 13 years ago, and the 2nd edition is free online.

As you tune into the Berkshire meeting, and gasp at the $400 billion in cash on their balance sheet, understand why they consistently choose buybacks over dividends...

https://t.co/rohyv8nzt0

Chart: Multpl

[Anthony Bassili 🇺🇸 @SmartestBeta]

Thanks @defidecodedpod for having me on!

Good weekend fodder for thought.

[Alex Tapscott @alextapscott]

New @defidecodedpod is out!

I sit down with Anthony Bassili, President of Coinbase Asset Management.

We discuss:

The role of crypto in a portfolio
Bridging Wall Street to Web3
Getting investors 'off zero'
Their new $CUSHY yield product

and more!

@CoinbaseAM @SmartestBeta

[Anthony Bassili 🇺🇸 @SmartestBeta]

@ZeusRWA https://t.co/08HIwGGNNU