Category Archives: Uncategorized

Tokenization’s Real Value is not 24/7 Liquidity

Tokenization’s Real Value Isn’t What You Think Everyone’s celebrating 24/7 liquidity as the breakthrough benefit of tokenizing real-world assets. And yes, in a world where markets and news cycles never sleep, continuous trading access matters. But if you’re a retail investor cheering loudly right now, history suggests you should be careful what you wish for.Continue reading “Tokenization’s Real Value is not 24/7 Liquidity”

What CLARITY will mean for Stables

Understanding the differences between the GENIUS Act (passed in 2025) and the pending CLARITY Act is essential. While the former established the “how” of stablecoin issuance, the latter determines the “where” and “what” of their economic utility—specifically regarding interest and distribution. For Circle, CLARITY, in its current form (more below), would be a massive legislativeContinue reading “What CLARITY will mean for Stables”

CFTC’s Approval of Digital Assets as Collateral

Its incredibly rewarding to see the CFTC’s recent pilot program and allowance of the use of digital assets as collateral for CFTC-registered entities. Here is why it matters: The CFTC’s recent launch of the Digital Asset Collateral Pilot Program is not merely as a regulatory “test,” but is the inevitable modernization of the global clearingContinue reading “CFTC’s Approval of Digital Assets as Collateral”

The Industry of Staking

I have stated previously that my favorite class at Babson was CSCA: Competitive Structure, Competitive Analysis. The late (great) professor Lawless challenged us to think big picture about the strategic and long term choices competitors make. To me strategic decision-making for companies is like the Beta part of public market investing….be correct with your allocationContinue reading “The Industry of Staking”

To Make it in Crypto, Be Onchain

I saw a recent post by @intern on x.com And I was reminded of a lesson learned while I worked at Circle. After a restructuring of the Revenue Team, I had inherited a “sales team” that had been hired by two different managers. Some had been hired to sell Circle’s minting/redeeming API’s to corporates, someContinue reading “To Make it in Crypto, Be Onchain”

Building a Perfect Team – NYT

I previously wrote a personal blog at ARHAIK.com from 2013 – 2019. The blog was intended more for my own writing and thought-processes than for a public audience. I occaisionally post content from ARHAIK.com to Conmodum.co’s “Of Interest” section. The below is from February 2016: The below are excerpts taken from the first chapter of anContinue reading “Building a Perfect Team – NYT”

Remote Workplace Culture (con’t)

I used to write regularly at ARHAIK.com (2013 – 2019) but no longer post there. I occasionally import a blog post from that site to Conmodum.co’s “Of Interest” page. The below is from Feb 20, 2017…… I expect I will write about this subject more often.  I have spent a lot of time reading andContinue reading “Remote Workplace Culture (con’t)”