private credit
Private Credit Tokenization: How It Works
A definitive explainer on private credit tokenization: what it is, how onchain loans settle and distribute yield, and where the real risks sit.
private credit
A definitive explainer on private credit tokenization: what it is, how onchain loans settle and distribute yield, and where the real risks sit.
RLUSD
RLUSD is Ripple's fiat-backed US dollar stablecoin, live on the XRP Ledger and Ethereum. Here is how it works, where it circulates, and why it matters.
prime brokerage
Prime brokerage for digital assets bundles execution, custody, financing, and settlement into one relationship. Here is how it works and what remains unresolved onchain.
Explainers
What Kalshi historical data includes, how to pull it, and how traders and researchers use event contract records to backtest and study probability.
tokenized securities
SEC Rule 15c3-3 requires broker-dealers to segregate and control customer securities. Here is what possession and control mean when the security is a token on a blockchain.
RWAs
Real world assets, or RWAs, are traditional financial assets like Treasuries, gold, and credit issued as tokens on public blockchains. Here is how they work and why the market crossed $30 billion.
stablecoins
PYUSD is a fiat-backed dollar stablecoin issued by Paxos and branded by PayPal. Here is how it works, where it circulates onchain, and why it matters.
tokenization
Dematerialization turned paper stock certificates into electronic book-entry records held at a central depository. Tokenization moves ownership records onto public blockchains. This guide explains what each one actually does and why the difference matters.
tokenized securities
A transfer agent keeps the official record of who owns a security. Here is what that function does in traditional markets, and what it looks like when the security is a token on a blockchain.
RWA
Real-world asset tokenization moves Treasuries, commodities, private credit, and more onto blockchains. Here is how it works and why institutions are moving fast.
tokenized securities
Atomic settlement lets a tokenized security and its payment change hands in a single, indivisible transaction. Here is how it compares to T+1, what breaks, and what is still being built.
stablecoins
USDS is the dollar-pegged stablecoin issued by Sky (formerly MakerDAO). Here is how it works, where it circulates, and why it matters.