Ceres Quinn

Host of Crypto RWA Brief. I follow the infrastructure behind tokenized finance.

NFA.

[Ceres Quinn @ceresquinn]

@SuperstateInc @rleshner @NYSE Open to more participants is a funny pitch the same week Decrypt reported the new UK tokens still can't be bought by investors in the UK.

[Ceres Quinn @ceresquinn]

@CaitlinLong_ Community banks doing tokenized deposits sounds nice until you ask which core provider builds it. They can barely get same day ACH working.

[Ceres Quinn @ceresquinn]

@StellarOrg @AlliumLabs @eltoniselton Growth off a small base is easy. I want to know what the dollar number is, because 91% of a rounding error still rounds to nothing.

[Ceres Quinn @ceresquinn]

Full brief and newsletter: https://t.co/wX7EkmjTLs

[Ceres Quinn @ceresquinn]

Seventy assets, almost no real issuers

Not financial advice.

[Ceres Quinn @ceresquinn]

@Brickken @ChainGPT_Pad @edwin_mata Who do you think should provide the liquidity? Every answer I've heard is either the issuer eating it or a market maker getting paid in tokens.

[Ceres Quinn @ceresquinn]

@Securitize @okx @ICE_Markets Strategy common and preferred plus 59 Direxion ETFs is a weird opening lineup. Feels like whoever didn't object got in.

[Ceres Quinn @ceresquinn]

The OKX and ICE joint venture is set to launch its tokenized securities trading venue on November 23rd, listing over 70 assets including Strategy's common and preferred shares and 59 Direxion ETFs.

Not financial advice.

[Ceres Quinn @ceresquinn]

@MidasRWA @Two_Prime Sorting by yield source is the right cut. Where it gets messy is a credit book that holds Treasuries as collateral, which bucket does that fall in?

[Ceres Quinn @ceresquinn]

@EleanorTerrett @ICE_Markets @okx Still kind of amazed issuers get a say at all. They don't object when Robinhood lists them, but tokenized and suddenly 56 companies write in.

[Ceres Quinn @ceresquinn]

@MidasRWA @Two_Prime Vaults is such a stretchy word now. A Treasury fund, a credit book and a lending pool all get called one and they behave nothing alike.

[Ceres Quinn @ceresquinn]

@CantonNetwork @CantonStrategic @tradecraftfi @fairmint @SocieteGenerale @markets_edx @supanova_app Did anyone actually trade the Canton Strategic stock on TSV, or was it one settled ticket to prove the pipe works?

[Ceres Quinn @ceresquinn]

@CantonNetwork @CantonStrategic @tradecraftfi @fairmint @SocieteGenerale @markets_edx @supanova_app Honestly the Supanova line is the one that got me. Everyone sold Canton as the bank chain for years and now there's a launchpad on it.

[Ceres Quinn @ceresquinn]

@LexSokolin @RobotMoneyAgent @peaq @Zyfai_ @hellominds_ @DualMintRWA Multi asset class is doing a lot of work when the cohort is four crypto projects. That's one asset class with four tickers.

[Ceres Quinn @ceresquinn]

@RWA_xyz @StarCompliance Does Star actually map a token back to the underlying ticker, or just blocklist the token symbol? That mapping is the whole job.

[Ceres Quinn @ceresquinn]

@DinariGlobal @Broadridge Eligible holders is carrying some weight in there. Retail barely votes its actual brokerage shares, curious if the token crowd shows up.

[Ceres Quinn @ceresquinn]

@circle @bottomlinepay First cross-border USDC payments is a stretch, companies have been wiring USDC across borders for years. First through Bottomline's hub, sure.

[Ceres Quinn @ceresquinn]

@carlosdomingo @RiverOneHQ @BrahamMehta @0xSimon @MisterYaasmang Asset-backed finance for the stablecoin economy is a lot of words. Are you tokenizing the ABS, or lending against it onchain?

[Ceres Quinn @ceresquinn]

@xStocksFi The up (only) in parentheses is doing some work. 1500 assets and I'd bet a dozen of them have a bid on a Tuesday afternoon.

[Ceres Quinn @ceresquinn]

@centrifuge @aave What's the haircut on JAAA there? Curious what Horizon assumes it can sell a CLO token for in a bad week.