Asset backed credit for stocks, commodites and crypto on @monad
New York, NY
Joined November 2020
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Great to have you there! Shoutout to @thestudio_xyz, the best builder space in nyc hands down
Gmonad 💜
Tokenized $HIMS on Robinhood chain printed $61.15 onchain Sunday night. The listed share closed Friday on NYSE at $28.84.
A single memecoin pool holds 81% of the tokenized supply on RH. Buying the memecoin deposits the stock token into the pool and locks it there.
No listed shares traded and no short was touched. This is a float squeeze inside an AMM, not a squeeze on the company.
Hyperliquid x Kraken
@krakenfx's parent company Payward is reportedly in talks with Hyperliquid about entering the US.
@xStocksFi went live on HyperCore on August 10 with NVDAx, SPYx and QQQx, and a HIP-3 test DEX carrying.
hyperliquid:native
$237M of bitcoin was moved by @Metaplanet into @coinbase prime
$COIN solana:5u6KDiNJXxX4rGMfYT4BApZQC5CuDNrG6MHkwp1ondo bitcoin:native
$40 trillion in federal debt, with annual interest payments closing in on $1 trillion.
BlackRock's head of digital assets says that is the driver for bitcoin now, not regulation.
His second point matters more for the rest of the market: the CLARITY Act is less critical to bitcoin than it is to DeFi, which is where the regulatory upside actually sits.
bitcoin:native
Recent market rally and tokenized asset growth has led to @Uniswap TVL up over 7% to $1.52B in the past week
Flipping @gauntlet_xyz
ethereum:0x1f9840a85d5af5bf1d1762f925bdaddc4201f984
