Liquid Network Restoration Update With key technical milestones completed and network operations stable, user swap functionality is now restored with semi-automated swaps for Federation members. Normal peg and balance validation will be reinstated soon. The Liquid Network’s members appreciate the broader Bitcoin community’s support and advocacy as we work to not only provide the restoration, but also harden the network’s security structure. blog.liquid.net/liquid-netwo…

Why Tokenization Could Be the Most Important Economic Innovation of Our Lifetime | Bruce Fenton @BruceFenton is a longtime Bitcoin advocate since 2012, securities professional, and one of the early pioneers of tokenized securities. He is the founder and CEO of Chainstone Labs and founder of Atlantic Financial. Alongside Overstock founder @PatrickByrne, Bruce was involved in some of the earliest efforts to bring securities and financial-market infrastructure onto blockchain rails. In 2018, he tokenized equity in his own company, Chainstone Labs, on the Ravencoin blockchain—years before tokenization became one of Wall Street’s biggest narratives. In this episode, Bruce breaks down naked short selling, the plumbing behind traditional securities markets, and why he believes much of the problem is ultimately a ledger problem. We dive into questions such as: Who actually owns the stocks sitting in your brokerage account? How can shares be lent and rehypothecated? What role do brokers, clearing firms, DTCC, and Cede & Co. play in determining who owns what? And could blockchain replace an opaque system of claims and intermediaries with a transparent ledger showing exactly where an asset is and who owns it? We unpack what “tokenized stocks” actually means—and the important distinction between a token that simply gives you exposure to a stock’s price and a security issued natively onchain, where the token itself represents the actual share and the ownership rights that come with it. Bruce discusses how tokenization could allow smaller businesses to tokenize ownership and have their stock traded globally without needing to be listed on a traditional exchange like the NYSE, as well as what a future without KYC could look like. Finally, we get into Wall Street’s embrace of tokenization, the SEC’s evolving approach to tokenized securities, and one of the biggest questions surrounding the future of this technology: who ultimately controls these new financial rails? Remember to subscribe and hit the bell “🔔” icon to get notifications 0:00 Bruce Fenton & Patrick Byrne: Pioneers of Tokenized Securities 3:36 Naked Short Selling Explained 6:28 Who Actually Owns the Stocks in Your Brokerage Account? 12:00 Tokenization Solves Wall Street’s “Ledger Problem” 15:48 What Are You Actually Buying With Robinhood’s Tokenized Stocks? 16:48 Real Tokenized Stocks: When the Token IS the Share 21:46 Tokenization Could Open U.S. Markets to the Entire World 22:52 Why Companies May No Longer Need the NYSE 26:29 Could Tokenized Markets Exist Without KYC? 29:31 Bruce Tokenized Equity on Ravencoin in 2018 30:53 Will Blockchain Make Clearing Houses & DTCC Obsolete? 33:17 Could Tokenization Have Prevented the GameStop Crisis? 38:19 Wall Street Is Embracing Tokenization — Who Gets the Power? 40:20 The SEC’s New Tokenized Securities “Innovation Exemption” 42:57 Why Robinhood’s Tokenized Stocks Don’t Qualify 47:01 Could Everything Eventually Be Tokenized? 51:02 The Dystopian Side of Tokenization: Surveillance & Asset Seizure

My god this is such a good speech that every SWE needs to hear. You know what? Every person should hear it Keep the happy memories, eyes on the reality, be excited about the future. That’s the best that anyone can do

A big addition to the DAYS Singapore line-up! We’re excited to welcome Sean Bill (@macrocrunch), Co-Founder and Chief Investment Officer at Bitcoin Standard Treasury Company (@bstrco), as a speaker. Bitcoin Standard Treasury Company is an innovative, pure-play bitcoin treasury that was formed to maximize bitcoin ownership per share and to accelerate real-world Bitcoin adoption in institutional finance. The winner of Hedgeweek US Awards 2022 and 2023 for Best Multi-Strategy Credit Hedge Fund at Prime Meridian, before the Bitcoin Standard Treasury Company, Sean was the Chief Investment Officer at Blockstream, a leading Bitcoin infrastructure and technology service provider that established one of the first Bitcoin treasuries in 2014. Catch Sean on the stage on October 6 Digital Asset Yield Summit is where private capital explores onchain yield: a tightly curated room of 300 institutional allocators and asset managers. Applications are still open: 🔗 Request an Invite → daysevent.com/singapore#pass…

Huge deal from @column This is like @altruist Repeat founder frustrated with a mere unicorn exit building things from ground up

We started @column with the insane idea to rebuild every component of the financial system from scratch. Today, I think we've finally completed that build. We're releasing four new products, so any technology company can build at the frontier of financial services.

Join almost 300 people registered for tomorrow’s live webinar. A session on how to earn a yield on your Bitcoin. We have Sean Bill - @macrocrunch, CIO and co-founder of @bstrco, and Gordon Grant, Head of Derivatives @Bitwise, joining us. Register here to join live (or get the recording): meanwhile.bm/webinars/bitcoi…

What are your options to generate Bitcoin yield? Join us next week (September 17) for a session with two world-class experts: Sean Bill (@macrocrunch), co-founder and CIO of Bitcoin Standard Treasury Company, and Gordon Grant, Head of Derivatives at Bitwise. You'll learn the different options to generate Bitcoin yield, the risks and returns of each, and where Bitcoin yield has failed. Plus, you’ll have a chance to ask your questions live. Register here (recording available): meanwhile.bm/webinars/bitcoi…

Stable Fund

Five bitcoin treasury company products have been newly listed on Bitfinex Securities. Tokenised securities of the world’s leading bitcoin treasury companies, and issued on @Liquid_BTC. Find out more: bitfinex.com/securities/post…

Tom Lee finally watched Saylor’s AI Bitcoin series