analysis
See All →
AnalysisRobinhood RWA Tokenization And The SEC Explained
A close read of Robinhood's April 2025 SEC letter, its live EU Stock Tokens, and what a federal tokenization framework would mean for U.S. institutional allocators.
AnalysisCBDC Ban Explained: Where Digital Currency Is Blocked
The U.S. has legislated against a Federal Reserve digital dollar through 2030 while carving out private stablecoins. The implications for institutional operators are structural.
AnalysisWhat Is CBDC? Central Bank Digital Currency Meaning Explained
A concise research brief on what CBDCs actually are, how retail and wholesale designs differ, which jurisdictions are live, and where the technology overlaps with stablecoins.
AnalysisAnti-CBDC Surveillance State Act Explained For Finance Teams
H.R. 1919 forecloses a retail Federal Reserve digital dollar and reaches foreign CBDC holdings. The operational consequences land on treasury, custody, and correspondent banking desks.
institutions
See All →SEC Revisits Custody Rules for Digital Asset Managers
As global central banks pivot toward digital native settlements, the traditional risk-free rate is being contested by on-chain synthetic commodities and a new generation of institutional protocols.
Global CBDC Adoption Roadmap 2025
As global central banks pivot toward digital native settlements, the traditional risk-free rate is being contested by on-chain synthetic commodities and a new generation of institutional protocols.
Real World Asset Tokenization: Primary Market Dynamics
As global central banks pivot toward digital native settlements, the traditional risk-free rate is being contested by on-chain synthetic commodities and a new generation of institutional protocols.
reports
Deep dives into the technical and economic plumbing of the emerging financial stack.