founder of @AshburyLegal, the full-stack legal practice for frontier technology | fell down the crypto rabbit hole in 2016 | nationally-ranked fintech lawyer
@DenelleDixon Stellar is following a proven playbook: Build for the long run and become an overnight success a decade in the making. While other chains chased subsidized TVL, Stellar kept its eyes on the prize - building better infrastructure for real-world finance.
Congrats to the @neukoai team (led by @austin_hurwitz, @greenie_sr and @SQU1NCH) on a smooth launch in which the IP spoke for itself.
Speaking of which, how does one procure a #GBOY cape? Asking for a friend.
Seriously cool project from some of the most creative people I’ve worked with. I’m getting Stranger Things + V for Vendetta vibes. Great work @austin_hurwitz, @greenie_sr and @SQU1NCH.
“My hope and prediction is that digital asset treasuries will disappear in the next 12 months.”
This was my hot take at #ExperienceAptos, on a panel about going public onchain with @JeffRenOKX, @baekkyoumkim and @0xsuperkings.
There’s nothing inherently wrong with DATs, but they’re best viewed as a bandaid masking some of the challenges faced by TradFi as it looks to integrate with crypto.
Once Americans can hold crypto in their 401(k)s and institutional investors can hold (and stake) crypto directly, the #mNAV premiums will trend towards zero and DATs will serve no economic purpose. The underlying challenges will be solved and the bandaid will no longer be needed.
So the inevitable disappearance of #DATs represents a step forward - not a step backwards - in the mainstreaming of crypto.
#DAT #Aptos #DigitalAssetTreasury
This is true. But the SEC conflated two distinct concepts when they equated the free stock cases to airdrops. “Stock” is an explicitly enumerated security, so the question is only whether it was offered “for value.” Tokens, on the other hand, are treated as investment contracts and thus require an investment of money under Howey. TLDR: “for value” and “investment of money” are two different concepts, and shame on the SEC for ignoring the difference.
“My hope and prediction is that digital asset treasuries will disappear in the next 12 months.”
This was my hot take at #ExperienceAptos, on a panel about going public onchain with @JeffRenOKX, @baekkyoumkim and @0xsuperkings.
There’s nothing inherently wrong with DATs, but they’re best viewed as a bandaid masking some of the challenges faced by TradFi as it looks to integrate with crypto.
Once Americans can hold crypto in their 401(k)s and institutional investors can hold (and stake) crypto directly, the #mNAV premiums will trend towards zero and DATs will serve no economic purpose. The underlying challenges will be solved and the bandaid will no longer be needed.
So the inevitable disappearance of #DATs represents a step forward - not a step backwards - in the mainstreaming of crypto.
#DAT #Aptos #DigitalAssetTreasury
The biggest legal risks? Usually, the ones you don't see coming.
Join @ryandavidwill & @fer_hinoc of @AshburyLegal with us in NYC for their workshop on how to spot—and sidestep—the landmines waiting for onchain startups.
#ExperienceAptos | Oct. 15-16, 202The biggest legal risks? Usually, the ones you don't see coming.
Join @ryandavidwill & @fer_hinoc of @AshburyLegal with us in NYC for their workshop on how to spot—and sidestep—the landmines waiting for onchain startups.
#ExperienceAptos | Oct. 15-16, 2025
The art of simultaneously saying something and nothing at all...
The Senate's new market structure bill: "The tokenization of a real-world asset that is not otherwise a security...shall not, solely by reason of that tokenization, be deemed to be a security."
Also the Senate's new market structure bill: "Any instrument that is a security...shall not cease to be a security because that instrument is issued, recorded, represented, or transferred using distributed ledger technology."
TLDR: You can ignore tokenization (and this post!) when analyzing whether something is a security.
Yours truly on @Nasdaq's @TradeTalks with @JillMalandrino discussing how regulatory frameworks are driving U.S. competitiveness.
Follow @AshburyLegal for upcoming clips of me discussing how lessons learned with digital assets can be applied to other areas of frontier tech.
This is what a community-led token launch looks like! 🚀 Kudos to @sagelygreen and @motionbynick for letting the @Wanderers community be the driving force behind @WanderCorpo and $WANDER. 👏
DECENTRALIZATION:
2% supply of $WANDER unlocked to the community elected Guardian Council to use as they see fit.
Their first initiative is a community DEX:
https://t.co/WeKpY42x2m