Perps Fund 🔜 fois.fyi

Signals · Stocks · Crypto · Tech · Digital Assets

[Perps Fund 🔜 fois.fyi @PerpsCapital]

We're with@AnthropicAI @SpaceX @Polymarket all April — side-by-side best GPs FOs pre-IPO bluechips, 3-days #Anthropic live-tender. Dream: every asset & tokenized equities with the speed of public markets. No scammers. No chain errors. Wall St has its position. What about us?

[💓𝓂𝒶𝓃𝒶𝓃𝒶📍NYC 🔜 fois.fyi 🔜 xShares @MananaSamuseva]

"My proceeds from PayPal were $180M: I put $100M into @SpaceX, $70M into @Tesla, and $10M into SolarCity. I had to borrow money for rent."
— Elon Musk
Dear Ground Control,
When the product becomes the mission, compensation stops being the motivator. SpaceX is building data centers and mining for humanity. Tesla accelerates the world's transition to sustainable energy. Neuralink aims to solve the problems of the human brain. Mission-driven companies attract best talents who could optimize for money.
The best #FamilyOffices #GPs #LongTermInvestors think the same way. They don't simply allocate to trends. They back mission-driven founders and technologies capable of reshaping entire industries.
#Capital doesn't just follow markets.
Talent follows conviction.
The future is built by both.
Major Tom. 🚀

[Perps Fund 🔜 fois.fyi @PerpsCapital]

.@fois_fyi launching Wall Street 2.0 pre-IPO markets @SpaceX @OpenAI @AnthropicAI @anduriltech @Figure_robot @perplexity_ai @neuralink @krakenfx @Polymarket @Kalshi @deepseek_ai before they go public. Built for Family Offices and Aggressive Modern Capital.

[Perps Fund 🔜 fois.fyi @PerpsCapital]

.@SpaceX filed S-1/A > https://t.co/jTo2LNSZRi @xsharesfi
• 5% IPO for employees/friends & family no lockup
• @AnthropicAI deal ~325K NVIDIA GPUs
• 4.1M X Premium + ~900K SuperGrok subscribers
• >60% of shares under extended lockups
• Elon’s 1B share grant tied to market cap

[💓𝓂𝒶𝓃𝒶𝓃𝒶📍NYC 🔜 fois.fyi 🔜 xShares @MananaSamuseva]

.@Kraken > https://t.co/0Uc6M4OOsU for Family Offices/HNWI> is increasingly being viewed as a Wall Street-grade, institutionalizable crypto-native infrastructure asset. Narratives currently circulating across IPO and secondary markets:
• ~$15B valuation following reported ~$500M fundraising discussions; valuation scenarios reaching ~$20B during confidential IPO preparation
• Q2/Q3 revenue references around ~$411M / ~$648M
• adjusted EBITDA references around ~$80M
Scale:
• ~13M–15M global users
• ~4.4M–6.1M funded accounts
• ~$40B–$48B platform assets
• 190+ countries
• 530+ digital assets
Kraken is quietly positioning across: exchange infrastructure, brokerage, derivatives, custody, tokenization, payments and institutional settlement rails!
Recent strategic expansion discussions include: NinjaTrader, Bitnomial, stablecoin and payments infrastructure.
IPO preparation reportedly remains active, with timing likely dependent on: stronger crypto sentiment, improved public market comparables, and more stable trading conditions.
The sophisticated capital is no longer underwriting Kraken as “just a crypto company": licenses, compliance rails, derivatives infrastructure, custody, tokenized asset markets and future RWA/equity settlement layers.
The core question now is: Is Kraken simply a cyclical exchange business — or one of the foundational infrastructure layers for tokenized global capital markets?

[Perps Fund 🔜 fois.fyi @PerpsCapital]

@Argona0x @MananaSamuseva @fois_fyi

[Perps Fund 🔜 fois.fyi @PerpsCapital]

Perplexity AI https://t.co/iYWaib0WGg > $500M ARR • 100M+ MAUs • $20B val
AI-search + real-time answers backed by @nvidia
@SoftBank @Accel @IVP + Jeff Bezos
The AI race is no longer just models it’s owning the interface for decision-making
Who else is watching @perplexity_ai?

[Perps Fund 🔜 fois.fyi @PerpsCapital]

The biggest IPO in modern market history could be this summer
Not AI
Not crypto
Space
$1.8T by 2035
If @SpaceX lists near $2T range, the entire sector gets repriced overnight
Most investors see rockets
Very few are underwriting the next industrial cycle
https://t.co/buiX9iKFPc

[💓𝓂𝒶𝓃𝒶𝓃𝒶📍NYC 🔜 fois.fyi 🔜 xShares @MananaSamuseva]

The biggest IPO in modern market history could be coming this summer. https://t.co/DsN1nYFjCW
Not AI. Not crypto.
Space
The space economy is no longer speculative science fiction. It is already a $600B+ global market with projections reaching $1.8T by 2035.

And if @SpaceX lists anywhere near the reported $1.75T–$2T valuation range, the entire sector gets repriced overnight.

Most investors only see rockets.

But the real opportunity is the full stack of the space economy:

MANUFACTURING & SUPPLY
The industrial layer building satellites, avionics, propulsion systems, payloads, and orbital infrastructure.
Names like:
$LHX $NOC $LMT $HON $RDW

ORBITAL LAUNCH
The transportation layer that reduced launch costs ~95% in a decade and unlocked the modern space economy.

SpaceX dominates globally, but public market exposure includes:
$RKLB $SPCE

SPACE INFRASTRUCTURE
Lunar systems, orbital platforms, earth observation, and defense-linked satellite networks.
High-growth names:
$LUNR $BKSY $SATL

SATELLITE SERVICES
Recurring revenue businesses powering broadband, remote communications, agriculture, climate monitoring, and direct-to-device connectivity.
Key names:
$ASTS $PL $KULR

COMMUNICATIONS & OPERATIONS
The connective tissue of the orbital economy — communications, logistics, tracking, weather, maritime, aviation, and real-time data relay.
Public exposure:
$IRDM $GSAT $SPIR

This is not 2021 SPAC euphoria.

These companies now have:
• real contracts
• real government demand
• real backlog
• real recurring revenue
• real strategic importance

Most investors are still trading AI headlines.

Very few are underwriting the infrastructure layer of the next industrial cycle.

[Perps Fund 🔜 fois.fyi @PerpsCapital]

.@AnthropicAI is a game-changer - GP/board approval, SPV ≠ shareholder rights tokenized https://t.co/ZfeiAOQ5ZN

[TFTC @TFTC21]

Anthropic just published a support page that should terrify anyone holding its shares on the secondary market.

"Any sale or transfer of Anthropic stock, or any interest in Anthropic stock, that has not been approved by our Board of Directors is void and will not be recognized on our books and records."

Void. Not restricted. Not pending review. Void.

That means if you bought Anthropic shares through Forge, Hiive, or any other secondary platform without board approval, you are not a stockholder. You have no stockholder rights. Your transaction is invalid.

It gets worse. Anthropic says it does not permit SPVs to hold its stock. Any transfer to an SPV is void. Investment funds claiming to offer indirect exposure are "most likely relying on mechanisms that attempt to circumvent our transfer restrictions." Forward contracts, tokenized securities, synthetic exposure products, all of it potentially worthless.

Their advice to investors: "Assume that it is invalid."

There is a multi-billion dollar secondary market in Anthropic shares right now. Platforms are pricing the stock at $265-$1,400+ per share based on a $380 billion valuation. Real people have put real money into these positions. And Anthropic just told them none of it counts.

This is the purest possible illustration of counterparty risk. You can buy a share of a company and have the company itself declare your ownership void because you bought it through the wrong channel.

[💓𝓂𝒶𝓃𝒶𝓃𝒶📍NYC 🔜 fois.fyi 🔜 xShares @MananaSamuseva]

Crypto narrative vs. Next-Generation Wall Street.
Most tokenization today is still wrappers:
synthetic exposure, mirrored assets, ETF-style packaging, offchain custody with onchain UI, and limited ownership rights.

Institutions do not care about “tokenized TSLA.”
They care about: cap table rights, custody, legal transferability, compliance, liquidity coordination, buyer quality, allocation intelligence

That’s why most “tokenized stocks” still feel retail "
“buy tokenized stock.”
TVL ≠ institutional dominance.
Its not "Bloomberg + Prime Brokerage + RWA rails"

Institutions care about:
* enforceability
* transfer mechanics
* regulated pathways
* legal ownership
Not just TVL.

What institutions ACTUALLY want
Not:
“tokenized TSLA”
It is rebuilding capital markets:
* programmable settlement
* 24/7 liquidity
* cross-border capital access
* collateral efficiency
* compliant secondary markets
* AI-assisted allocation
* wallet-native custody
* reduced intermediaries

The winners will not be “crypto apps”

THAT is the real opportunity:
#liquidity networks + #institutional operating systems
The winner will own:
* allocation flow
* investor graphs
* compliance graphs
* liquidity routing
* settlement rails
* AI intelligence layers
Not just tokens.

The biggest mistake in RWA:
people think the moat is #assets
But the real moat is:
#distribution + #trust + #liquidity + #data
Exactly like traditional finance.

BlackRock didn’t win because ETFs were innovative.
BlackRock won because it controlled institutional distribution and institutional trust, liquidity and data.

The next-generation Wall Street will be powered by AI-native capital: real-time allocation intelligence, programmable liquidity, and institutional-grade distribution networks.

Next-generation Wall Street is quietly replacing the crypto narrative.

[Perps Fund 🔜 fois.fyi @PerpsCapital]

TLDR @moonpay acquires Dawn Labs, a 2025-founded AI startup that builds tools for automated prediction market trading using plain English prompts. https://t.co/XVG58hlMx3

[Family Offices Investors Summit🔜fois.fyi xShares @fois_fyi]

We’re with @AnthropicAI @SpaceX @Polymarket all April — side-by-side best GPs FOs pre-IPO bluechips. 3 days #Anthropic live tender. Dream: every asset & tokenized equities with the speed of public markets. No scammers. No chain errors. Wall St has its position. What about us?

[Family Offices Investors Summit🔜fois.fyi xShares @fois_fyi]

Who’s in Miami @consensus2026 @F1? RSVP

Bitcoin $66.5K, BlackRock flows, ETF (Morgan Stanley), FOMC, NYSE tokenized securities, IPO window reopening, Oil $106, yields ~4.5%, RWAs, M&A reopening, Anduril / Anthropic / Polymarket, Solana Hack (Drift Protocol), Clarity Act, Gold $2.4K, US CPI (Mid-April), Nvidia AI capex, Japan post-YCC shift, OPEC+ discipline, EU MiCA rollout, SEC crypto pressure, Stablecoin supply expansion, DeFi TVL recovery, Hedge fund crypto allocation, Private markets liquidity tight, Sovereign wealth funds tech allocation, Energy transition metals demand, LNG markets tight, Geopolitical risk premium ->
https://t.co/9tMmlFyqku

[Family Offices Investors Summit🔜fois.fyi xShares @fois_fyi]

🇺🇸Michelin* Dinner for Investors · Family Offices Investors Summit📍Miami, May 5-7 @CoinDesk @consensus2026 RSVP https://t.co/h2qLQGEu8d
Dinner https://t.co/348HIzEmlO

[💓𝓂𝒶𝓃𝒶𝓃𝒶📍NYC 🔜 fois.fyi 🔜 xShares @MananaSamuseva]

I was with @AnthropicAI @SpaceX @Polymarket all April — side-by-side best GPs FOs pre-IPO bluechips, 3-days #Anthropic live-tender. My dream: every asset & tokenized equities with the speed of public markets. No scammers. No chain errors. Wall St has its position. What about us?

[Perps Fund 🔜 fois.fyi @PerpsCapital]

🇺🇸Michelin* Dinner for Investors · Family Offices Investors Summit📍Miami, May 5-7 @CoinDesk @consensus2026 RSVP https://t.co/uLvNgz74ft
Dinner https://t.co/Se3KfhTrZD

[Perps Fund 🔜 fois.fyi @PerpsCapital]

🇺🇸Family Offices Investors Summit + Invest-Dinner · Miami, May 5-7 @CoinDesk @consensus2026 https://t.co/uLvNgz74ft

[Perps Fund 🔜 fois.fyi @PerpsCapital]

Who’s in Miami @consensus2026 @F1? RSVP

Bitcoin $66.5K, BlackRock flows, ETF (Morgan Stanley), FOMC, NYSE tokenized securities, IPO window reopening, Oil $106, yields ~4.5%, RWAs, M&A reopening, Anduril / Anthropic / Polymarket...
https://t.co/ZCv1ypGqvc
@fois_fyi

[💓𝓂𝒶𝓃𝒶𝓃𝒶📍NYC 🔜 fois.fyi 🔜 xShares @MananaSamuseva]

Crypto “We’ll replace Wall St” →
Wall St “Wraps ETF into a token”
Conference convo: “What’s the cost of your Terminal?” Not the token
Not the yield
Not the APY
Just the “Terminal”💀
Crypto didn’t kill TradeFi
It compressed it
We rebuilt it faster
xoxo 💋

8000+ investors ~ $ 380B+ AUM
We compress Wall St
Bloomberg × BlackRock × Goldman for Modern Capital One Terminal — Equity. ETF. RWA. Predictions
https://t.co/m14rjv7f3U