Hot off the presses: @Aptos and the @Vertalo_ Securities Protocol: A Technical Case for the Next Generation Chain. And why you should care about this, if you are serious about 'Tokenizing The World' Link in the comments. @RWAFoundation_ @DefiLlama @ZeusRWA @andyyy @kylegbro @AptosLabs

Apparently Switzerland is happy being neutral, neither winning nor losing, as Qatar makes a 96 minute deposit in the bank...

I’m betting that Paraguay is going to score 3 goals in the last minute of stoppage time to notch the most historic come from behind win against the USA in Sporting history

Aptos Labs joined @BlockchainAssn, @fund_defi, @Aave, @Uniswap, and others in DC for a congressional staff briefing on DeFi. This is exactly the kind of industry-wide collaboration that moves the needle on policy, and Aptos Labs is glad to be a part of it.

It’s not limited to the technical case. The business case is just as strong. Time is a tax in markets. We all know energy cost is one of the largest cost inputs (higher oil cost = higher inflation rates) Chains which impose higher gas fees (unpredictable input) while also introducing excessive latency produce deep ripple effects. Low T (ps) chains greatly increase spread risk. Maybe you luck out by the time your trade settles. Transfer Agents considering the use of DLT are accustomed to paying for software. Not paying unpredictable gas fees to move a few bytes around. Faster is theater. Faster is a Real World Requirement. Faster plus cheaper plus certainty is a force multiplier.

“Gagging defendants also limits public information and can make markets less efficient.” The SEC Gag Rule Bites the Dust wsj.com/opinion/sec-gag-rule…

Transfer Agent Guy Who Tokenizes Stock here: I just covered this topic. I am not sure why this is confusing, at all. Willful ignorance is the only explanation. The Taxonomy was clear on this. open.substack.com/pub/chaine…

'Under the SEC’s proposal, platforms offering tokens would need to guarantee investors receive the same rights as regular shareholders — including dividends and voting rights. But several former regulators said it’s unclear how companies would technically fulfill those obligations given that tokens change hands on pseudonymous blockchain networks." bloomberg.com/news/articles/… Synthetics ain't gonna cut it. Non-Recourse? Non-starter.

If people want to understand what synthetics mean to me in this context, see the staff statement on tokenization, which distinguishes tokenized versions of issuer-sponsored stocks and of stocks that SEC-registered firms hold for their customers from synthetic instruments that provide exposure to stocks. sec.gov/newsroom/speeches-st…

If you think you invested in Anthropic common stock when you bought SPV tokens, you are probably going to get rekt. And it doesn't end with Anthropic. 🧵

This is a much needed article, @RwaLlama - didn’t catch it before because @Vertalo_ was missing the dash. But I loved it nonetheless. TA’s role in RWA tokenization was not even an afterthought 3 months ago That’s no longer the case However more fun ahead: to paraphrase Warren Buffett, ‘when the ride rolls out that’s when you find out who’s not wearing swimming trunks’ 99% of TAs -even those involved in RWA- are not equipped. Keep up the great work

Two Aptos Labs research papers were accepted to this year's Stanford Blockchain Conference—only 34 of 256 submissions were accepted (~13% acceptance rate). Peer-reviewed contributions to @Aptos, the full stack for markets and machines.

I appreciate the interest in--but not the hyperbole about--the contemplated innovation exemption for the onchain trading of tokenized NMS stock. Keep in mind: I've always expected that it'd be limited in scope & would facilitate trading only of digital representations of the same underlying equity security that an investor could purchase in the secondary market today, not synthetics.

Markets don't close. Machines don't sleep. The infrastructure serving both needs to do more than keep up—it needs to lead. Aptos is the full stack built to do just that. Aptos Foundation and @AptosLabs are committing $50M to define the next onchain era: aptosnetwork.com/currents/ma…