Energy is the largest commodity market in the world.
Despite this, the market infrastructure that underpins it is outdated and unable to respond to real-time risk.
Monolith is being built for continuous risk hedging in a market that moves 24/7.
We are at an onchain inflection point.
The demand for tokenization is clear. The next step is regulated secondary markets.
That's what we're building toward at @MonolithFi.
Today, I'm excited to unveil Monolith, and my role as CGO.
As I considered the next step in my career, I had to ask myself "where is the most asymmetric opportunity in markets today?"
Institutional onchain finance was one of the clearest answers. Enormous pools of capital, outdated market infrastructure, and a category in which everything is still to be won.
Here, regulated tokenization and perpetual futures stood out most clearly - with Monolith sitting at the intersection of both.
Under CFTC @ChairmanSelig, a path is clearing for perpetual futures to develop onshore, including active engagement around 24/7 and perpetual energy contracts.
This presents an opportunity for a regulated end-to-end venue where eligible physical and digital assets can be tokenized, used as collateral and hedged continuously. This is what we're building at Monolith.
Our initial focus is energy. Defined by around-the-clock risk, capital-intensive assets that are often difficult to financialize, and demand for 24/7 oil and gas contracts - there is a clear market opportunity.
Built to capitalise on this, our team brings deep experience across energy trading, AI, engineering HFT systems, and onchain development.
Over the coming months, I look forward to sharing our progress in real time as we work towards our vision: unlocking trillions of dollars in idle assets across the globe.
Across commodities, trillions of dollars of assets sit idle.
Despite representing vast amounts of value, physical inventory often cannot be efficiently financialized.
Our end-to-end venue is designed to unlock this idle capital - from collateralization through to hedging.
Monolith emerges from stealth to turn trillions in idle capital into active collateral that can be hedged 24/7
Monolith is developing the end-to-end onchain US institutional commodity derivatives venue.
Energy is the first market. Cargo in transit can sit as trapped capital for weeks while custody, insurance, and settlement reconcile across separate systems. Monolith compresses that into hours, turning idle inventory into usable collateral.
Tokenization handles the record. Perpetual futures handle the hedge. Together they replace fixed trading windows with continuous, 24/7 exposure to benchmarks like WTI, Brent, and Henry Hub.
Small and mid-sized firms could hedge directly under the proposed clearing model, without the FCM relationship that currently prices many of them out.
CFTC designation is pending prior to platform launch.
Full story below.
Today, as co-founder and CEO, I couldn’t be prouder to introduce Monolith and our mission to bring onchain institutional derivatives to the US - starting with energy.
Over my career in systematic trading, market making, and designing institutional-grade risk systems for digital assets - two things became clear:
(1) Markets can, and should be, global, programmable and always on.
(2) Institutions were never going to accept the risk, governance and market-structure shortcomings of legacy onchain finance.
Instead, the select benefits of being onchain would need to fit into the regulatory framework and market protections that already supports global finance.
For the first time, I believe there is now a real regulatory path to do that in the US, and bring with it the benefits of tokenization and 24/7 markets.
This is a once-in-a-generation chance to help define what regulated financial markets look like when the infrastructure is finally built for the internet age.
We intend to be at the center of it.
Introducing Monolith, the end-to-end US venue for onchain institutional commodity derivatives.
Tokenize & collateralize any eligible physical or digital asset and hedge it against 24/7 oil and gas futures.
This is the future being built at https://t.co/I2pyLotrco.