Are you paying attention to what’s happening right now?
- Cloudflare announced x402 for agentic payments
- Swift adds blockchain based ledger to their infrastructure
- Stablecoins reached $300B in total market cap
- Google announced Agent Payments Protocol (AP2) protocol
- Tether is raising $20B at a $500B valuation
- Blackrock is building proprietary tokenization technology
- Real world assets reached $33B, up 120% since January '25
- The state of Montana formed a blockchain and digital innovation task force
- Coinbase has completed its 30th acquisition
- Metadao is leading real adoption of futarchy governance
- Polymarket raised $2B at $9B valuation led by the owner of the NYSE
Exciting times ahead.
Money is becoming software. HIFI is the infrastructure it runs on.
We've raised a $37 million Series A led by @leftlanecap.
Thank you to the customers who run on HIFI, the team that builds it, and the investors who back it.
Demand is accelerating. We now process more than $7 billion a year, and existing customers have grown their usage more than 400% in the past six months. Together, they've onboarded more than 10,000 businesses and 200,000 individuals through HIFI.
Our technology runs from Wall Street to everyday payments. In July, HIFI's platform was part of DTCC's pilot for tokenized repo. And through our partnership with Visa, developers can pair HIFI's stablecoin settlement with Visa Direct to move money globally.
With this round, we're building toward the full stack of tokenized money, from payments and stablecoin cards to tokenized capital markets. We're growing our teams in New York and key international markets, acquiring strategic regulatory licenses, and reimagining new products for the partners building on HIFI.
We're just getting started.
→ Read our blog: https://t.co/bpkd5WN95L
→ Read the exclusive in Axios: https://t.co/2aGSsHEo6X
Alchemy 🤝 FAZE
Proud to have @Alchemy as our main RPC provider.
They have proven to be one of the best and most reliable infra partners across web3.
Tap into a top-tier indexed trading environment and execute every trade with speed and precision.
A few thoughts on this:
1. Starting next month it will be possible to hold many shares in tokenized form on Canton. Not via an SPV but via DTCC. AMC won’t be in the initial wave but will come soon.
2. For issuers, this will open up opportunities to interact more directly with their shareholders. Free popcorn if you hold more than 100 shares on AMC when you go to the movie? Allocate dividends to shareholders who have held for more than 12 months? This is a clear benefit to issuers!
3. There are similarities to an SPV holding shares and an ETF holding shares - in both cases the voting rights are generally not passed through.
4. If both the stock as well as the RWA token can both be lent out, it may lead to the ability for more shares being shorted than exist. Definitely a legitimate concern for issuers. By the way, this same issue can exist in single name ETFs.
5. If single name equity perps and single name equity SPV tokens trade in a permissionless environment, it will be very hard for the SEC to police insider trading rules and selling restrictions for newly public companies.
6. The flip side is that permissionless environments facilitate much broader ownership, including shareholders in developing countries who can’t pass basic KYC requirements.
Net-net: I am a huge fan of tokenization. The DTCC’s tokenization project will open up many new possibilities. At the same time we should be thoughtful about the pros and cons that come with permissionless securities.
@0xNairolf Like what % of the actual shares are held as reserves for 1:1 tokens?
From my understanding the majority of the on-chain movements like HIMS have been retail pushing the price up, not actual on-chain activity