Was finally able to dig up my old login info to regain access to this account I made back in college. Now the throwaway I made for an assignment will be my full time work Twitter...
“What’s going to be the next wave of investment? …It’s the rails that are driving institutional adoption.
- Chris Soriano, co-founder and CCO at @BridgePortMQ
NEW Episode of The Market Runup is live.
Co-founder and CCO at @BridgePortMQ, Chris Soriano digs into the market structure shift that's been quietly reshaping how institutions actually move capital in crypto.
We covered:
- How pre-funding requirements have locked up billions in dead capital.
- Why the FTX collapse rewired institutional thinking around counterparty risk, custody, and transparency.
- Plus: What role Bridgeport wants to play when people look back at this era of market infrastructure.
TIMESTAMPS
00:00 - The Knicks and the NBA Finals Hysteria
01:41 - Shifting Focus: From Tokens to Market Structure
04:34 - Inefficiencies in Crypto Markets
09:48 - Post-FTX Institutional Psychology
12:45 - The Evolution of Crypto Market Structure
16:24 - Bretton Woods and Financial Architecture
19:15 - Comparing TradFi and Crypto
23:35 - The Future of Crypto Trading
Links below
“It feels like there is a trend towards potentially even more volume, and some clients are building algo strategies that target the close.” - @IEX Head of Business Analytics, Sam Stevens, speaking with Markets Media’s Shanny Basar about their April COTM, which showed that in the final 10 minutes of the day (excluding the closing print), IEX now ranks #3 among exchanges.
Learn more about the COTM in @marketsmedia below:
https://t.co/vOl0Pq7mRh
After having the privilege of being at the first Odd Lots live event as a guest it was fun to attend the most recent edition last Thursday at City Winery as an audience member!
At Consensus Miami, industry leaders from @CoinSharesCo and @FlowTraders discussed how spot Bitcoin ETFs have solved crypto’s long standing access problem, while broader infrastructure challenges still remain.
@jmmognetti, CEO and Co-Founder of CoinShares, warned that, “Right now they are all using one custodian, creating a massive concentration risk in the market.” He added, “From a protection and diversification point of view, it's a zero.”
@AaronDimitri2, General Counsel for Digital Assets at Flow Traders, highlighted how ETFs are evolving bitcoin exposure beyond simple buy and hold strategies, stating, “You’re able to build in yield products, different structured vehicles.”
Read the full panel recap from @CoinDesk here: https://t.co/FA5PZGaREL
A new report following Kraken’s IPO filing highlights a growing concern in digital assets: roughly ~$60B in capital is effectively trapped within crypto market infrastructure according to @BridgePortMQ CEO @NirupRam.
These inefficiencies point to a broader need for improved financial “plumbing,” with firms such as BridgePort focused on enabling more seamless capital movement.
Read Nirup Ramalingam’s full thoughts in @sobradob’s story for @Forbes here:
https://t.co/ASEtqAIwfp
Today, @CoinSharesCo Co-Founder & CEO Jean-Marie Mognetti (@jmmognetti) rang the bell at @NasdaqExchange following the company’s public listing on 4/1.
As Europe’s leading digital asset manager, CoinShares ($CSHR) brings 39 products and $6B in AUM to the American market.
ICYMI: Last week we announced the launch of 24/7 OTC liquidity for tokenized money-market funds, equities, and commodities. The adoption of tokenized assets continues to accelerate, as CoinDesk's coverage of our news points out: the infrastructure for around-the-clock institutional trading is no longer a concept, it's here. Read more:
#Tokenization #DigitalAssets #FlowTraders
NEW REPORT
A new institutional report from @svrn_ai lays out the case for NEAR:
-NEAR’s structural advantage as a coordination layer
-NEAR Intents fee mechanics and trajectories
-Institutional pathways to NEAR exposure
Read the full report: https://t.co/CLeerUNi8z
Disclosure: This report is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any security or financial instrument.
OceanPal, Inc. (NASDAQ: SVRN) holds NEAR Protocol tokens on its balance sheet.
ICYMI: @BridgePortMQ CEO @NirupRam shared his views on the impact of 24/7 trading during moments of volatility with @sidcoins, who also featured data from BridgePort Analytics, comparing both trade costs and liquidity differences over the weekend versus during the week in his recent story.
Read Nirup’s insights and see the data from their platform in the full story on @business.
For those at Consensus Hong Kong, stop by the Spotlight Stage tomorrow afternoon to see our CEO, Jay Morakis, moderate a panel on DeFi Vaults with @veda_labs CEO Sunand Raghupathi (@sunandr_) and @krakenfx GM & VP of Consumer Products Mark Greenberg (@marklg).
Additional details below!
If you're in crypto & have been laid off or are looking for something new, @TokenRelations is hiring:
- Research analysts & writers
- Product engineers
- RevOps / BD
NYC-based highly preferred, but open for right candidate.
DM me if interested (or RT for visibility!)
Late last night, the Senate released a 278-page crypto regulation bill with significant implications for digital asset markets. The bill, which needs approval from the Banking and Agriculture committees before reaching the Senate, deems digital assets currently part of exchange-traded funds as non-ancillary assets. This means that assets such as Solana and XRP would fall under CFTC jurisdiction as commodities, providing more flexibility in how they can be traded and marketed.
For investors and industry participants, this bill would reshape how federal agencies oversee crypto markets while establishing boundaries between SEC and CFTC jurisdictions. Clear regulatory frameworks remain essential for institutional adoption, giving investors the certainty they need to operate with confidence. Read the full story on @CoinDesk here:
https://t.co/S16pR1RsVP
Google’s announcement today of the Universal Commerce Protocol (UCP) marks a pivotal moment for the impact of AI on the lives of everyday consumers.
The UCP is a new open standard for AI agent-based shopping developed in partnership with retail giants such as Target, Walmart, and Shopify. It works to facilitate every part of the shopping experience, including discovery, checkout, and post-purchase support.
With the UCP, Google is pioneering the agentic commerce era, allowing the best products to find consumers rather than the other way around, shifting search-driven retail to AI-driven discovery.
https://t.co/fS4fN3BV63
"We believe NEAR presents the greatest asymmetric upside across mature projects in the digital asset market, which we aim to capture and offer to our shareholders" - OceanPal's Co-CEO, @sal_ternullo
We are excited to be working with the @svrn_ai team.