REP angel round
20+ founders and operators from BlackRock, Ethereum, Snap, Symbiotic, Mellow, Meta, Nike and more
REP is building the Unified Coordination Graph: the engine AI agents use to discover, choose and execute, making user context portable, provable and valuable
Tokenization is coming to America.
Thanks to the SEC’s leadership, Americans can start to reap the benefits of tokenization: instant settlement, 24/7 trading, fractionalization by default and more. It’s a good day for US innovation.
My thanks go to everyone who put so much effort into the CLARITY Act— across the Administration, Congress, investors, and innovators. Our collective conviction that America must continue to lead is indispensable.
I have been unequivocal: with or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty for American investors and for the entrepreneurs shaping our technological future.
Stay tuned.
UPDATE: Apparently we were about 80% of the way there with the updated text but the Democrats just couldn't fully get behind it.
However, we have just heard that this means the possibility for a bipartisan outcome is elevated in the future.
Our view is the SEC is not going to wait for this and will be moving, alongside the CFTC, to bring crypto rules to the USA imminently.
Digital assets looking good here.