Yesterday we hosted the Institutional Ethereum Forum in NYC.
A private, closed-door, invite-only for institutional execs.
$250T+ in combined assets represented.
Attended by leaders at:
→ DTCC
→ Swift
→ Euroclear
→ BlackRock
→ Morgan Stanley
→ Fidelity
→ JPMorgan
→ State Street
→ Mastercard
→ Visa
→ Stripe
→ PayPal
→ Nasdaq
→ LSEG
→ Broadridge
→ S&P Global
→ Moody's
→ Microsoft
→ EY
→ Invesco
→ Franklin Templeton
→ T. Rowe Price
→ Baillie Gifford
→ CoinFund
→ WisdomTree
→ VanEck
→ U.S. Bank
→ Western Union
→ Paxos
→ Consensys
→ Aave
→ Uniswap
→ Chainlink
→ Securitize
→ Ondo Finance
→ Paradigm
→ a16z
→ Dragonfly
→ Anchorage Digital
And many more.
Co-hosted by our friends at
→ @aave
→ @zksync
→ @arbitrum
→ @Optimism
→ @chainlink
The institutions aren't coming. They're here.
Ethereum.
🔥CLOs are the new CDOs🔥
CLOs-Collateralized Loan Obligations are a way for banks and hedge funds to “get their bad debts off the books” in 2021 BlackRock created the first CLO etf through their iShares. They are literally selling and !SHORTING! Their own bad loans. Apollo Global Management is expected to push out their CLO etf this year.
CDOs-Collateralized Debt Obligations were the vehicle that banks and hedge funds used to consolidate their bad mortgages in the years leading up to the 2008 financial crisis!
Banks and hedge funds have found a way to consolidate all of their bad loans across the board not just bad mortgages!! *AND* they are now selling them to retail investors via ETFs and recommending them as long term investments for corporate and union pensions!
Big trouble ahead! More and more institutions will come out with their own CLOs to get their bad debt off their books in order to KiCK THE CAN down the road as they continue to prop up their bad business practices. ***This is a Ponzi Scheme, they are using other peoples money to cover their bad bets*** This is the opposite of a free market these billion dollar institutions are prolonging the inevitable and each quarter that passes the worse the fallout will be for retail, the average person. We will be forced to bail them out again!!!
🚨 THE NEXT 2008 IS HAPPENING NOW 🚨
Party City. Joann’s. Forever 21. Big Lots. ALL COLLAPSING.
But this isn’t just “retail struggling.” This is financial arson.
Private equity rigged the system. They built a time bomb. And now? It’s detonating.
A MEGATHREAD: 🧵⬇️
If after this discovery we’re still alone in the universe, then we must be incredibly lucky.
Scientists just found the biggest structure in the universe. It’s called the Quipu and spans 1.37 BILLION light-years. 🤯
🔹 Named after the Incan Quipu (knotted cords for data), this cosmic web is a filament of galaxies and dark matter.
🔹 It connects massive clusters of galaxies, forming a spine of the universe—literally.
🔹 This thing violates the Cosmological Principle (which says matter should be evenly distributed on large scales).
🔹 We thought the upper size limit for cosmic structures was 1.2B light-years—this one smashes that.
This is borderline breaking physics—what else don’t we know? 👀
https://t.co/i6pZisiWUF