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AP2: Google's Agent Payments Protocol
AP2 is Google's Agent Payments Protocol, a standard that lets AI agents make purchases with cryptographic proof that you authorized them. The core innovation is the signed mandate.
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USYC: The Tokenized Treasury Fund Built for Collateral
USYC turns a short-term Treasury yield product into an onchain token that can settle and move as collateral in seconds. Here is how it works and why the collateral use case matters more than the yield.
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Kalshi Valuation: How a Prediction Market Is Priced
Kalshi's valuation swings on regulatory outcomes and volume growth, not just fee revenue. Here is how a federally regulated prediction market gets priced, and why the number is contested.
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NBBO: The Best US Stock Price, and Why Crypto Lacks One
The National Best Bid and Offer gives every US equity trade a single reference price. Onchain markets have no equivalent yet, and that gap shapes tokenized finance.
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How to Invest in Starlink: The SpaceX Ticker
Starlink is a division of SpaceX, not a separately traded company. Since SpaceX listed on Nasdaq in June 2026, buying its shares is the only way to hold Starlink exposure.
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Stablecoin Regulation Is a Stack, Not One Rule
US stablecoin regulation is not one statute. It is a stack of reserve, AML, sanctions, and custody obligations from four different agencies, and each binds a different party.
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Market Surveillance on a Public Ledger
On a public blockchain you can watch every trade and transfer in real time, yet the identity behind each wallet stays hidden. That inversion changes what market surveillance can and cannot catch.
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The CLARITY Act Is a Turf War Over Crypto
The CLARITY Act does not approve or ban crypto. It decides which regulator, the SEC or the CFTC, oversees which digital asset, and that jurisdictional line is the whole point.
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Tokenized Funds: The Fund Plumbing They Replace
A tokenized fund is a mutual fund or money market fund whose shares live as blockchain tokens. Here is how that swaps out the transfer agent, reconciliation and settlement plumbing underneath.
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SpaceX Valuation: From Tender Offers to $1.98T
For years SpaceX had a price only a handful of insiders could see. Then it listed on Nasdaq at the largest IPO in Wall Street history. Here is how its valuation was set before and after the bell.
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B2B Stablecoin Payments: The Fastest-Growing Slice
Business-to-business is the smallest of the four stablecoin payment flows by value and the fastest-growing, and it clusters in a handful of cross-border corridors.
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Crypto Lending: Who Lends, Who Borrows, and Why
Crypto lending is three different businesses wearing one name. We break down who sits on each side of the loan and how custody, liquidation and counterparty risk differ.