DIGITAL ASSETS EXPERTISE
Thirty-seven banks. Fifteen countries. One quote that explains everything. Today CoinDesk reported that Qivalis, a European bank consortium building a euro-backed stablecoin, has tripled its membership to 37 financial institutions across 15 countries. ABN AMRO, Rabobank, Intesa Sanpaolo, Nordea…real names, serious capital. They are targeting a MiCA-compliant euro stablecoin launch in the second half of…
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.…
The term hyperscaler has become part of the lexicon generally meaning the largest of tech companies’ AI efforts and the datacenters and energy infrastructure they are building. But what if someone (my friend, Vicky) scales the services provided by the Hyperscalers?!?! Check this out…
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 legislative…
Great callout from David Shuttleworth of Anagram Ventures https://www.linkedin.com/feed/update/urn:li:activity:7415084467536490496/
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 clearing…
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 allocation…
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, some…
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 an…