Leading xStocks xstocks.fi
Joined February 2012
- Tweets 1,993
- Following 999
- Followers 2,125
- Likes 1,072
127 Photos and videos
We are moving towards a financial system that is coordinated globally, where assets can move freely and are always on.
This leads to capital efficiency, unlocking fluid trading, lending and financing workflows.
The future is being built.
Mar 9
xNasdaq?
Soon.
The xStocks framework will power a new gateway connecting @Nasdaq’s tokenized equity markets with blockchain networks.
TradFi isn’t so traditional anymore.
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Val retweeted
Jun 12
For decades, investing in exciting private companies meant buy and wait.
No yield, volatility trading, or weekend markets. Today, that changes.
Users can now access $SPCXx, a tokenized representation of @SpaceX, and trade it onchain 24/7 on Panoptic V2.
Start Here: app.panoptic.xyz/swap
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Val retweeted
I’m at the bottom of a multi-layer SPV and am looking forward to the SpaceX IPO in much the same way a golden retriever looks forward to a car ride:
- thrilled to be involved
- no clue how cars work
- unsure if going to the park or getting neutered
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Val retweeted
Jun 12
Ladies and gentlemen, $SPCXx is now live.
The largest IPO in history, tokenized by xStocks, trading 24/7.
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Val retweeted
Jun 12
FYI if $SPCX is your first IPO
The 9:30am ET opening bell does not mean SpaceX starts trading. Nasdaq runs a price-discovery auction first, and for a deal this size it can take hours before the first share ever prints.
What's actually happening when the bell rings:
- Orders pour in but NOTHING matches yet, it's "display only," basically an order book filling with bids & asks and zero fills.
- Nasdaq broadcasts the imbalance and a moving indicative price (think live order-book depth before a launch).
- The lead underwriter (Goldman) gives the green light while Nasdaq's automated cross keeps re-pricing until buys and sells balance out
Only THEN does the "opening cross" fire. A single batch auction that clears everyone at one price, and then continuous trading begins.
The bell and the first trade are NOT the same.
Google (2004) → first trade 11:56am (~2.5 hrs after the bell)
Meta (2012) → 11:30am (~2 hrs after)
Twitter (2013) → 10:49am (~1hr 20m after)
So if there's no chart at 9:31, nothing's broken. Price discovery just isn't finished.
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Val retweeted
Jun 10
2 million traders across the GCC can now access tokenized equities on @rain.
Trade solana:XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB , $AAPLx, $NVDAx, $COINx, $SPYx and more.
24/7, backed 1:1. Powered by xStocks.
Tokenized equities are now live on Rain.
In partnership with @krakenfx and powered by @xStocksFi, @Payward's tokenized equities framework. Trade Tesla, Apple, NVIDIA and more, 24/7, with fractional ownership and near-instant settlement, under Central Bank of Bahrain (CBB) oversight.
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Want to see the @FIFAWorldCup 2026™ Final in person? 🏆
Sign up to Kraken with code ‘FWC26’ between June 9 - July 9 for a chance to win:
✔️ 2 tickets to the FIFA World Cup™ 2026 Final
✔️ Flights accommodation included
→ kraken.com/sign-up?inviteCod…
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Bybit First IPO Express - SpaceX is Live now
bybit.com/en/trade/spot/ipo
Working exclusively with @xStocksFi and @krakenfx present you the most compliant method to participate in SpaceX pre IPO.
1=1 stock backed, compliant and secure.
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Val retweeted
Jun 5
Here's a snapshot of the biological insult from international travel. It takes your body over two weeks to fully recover.
It's a big price tag.
One international trip per quarter is a reasonable balance.
Time to recover:
> sleep duration: 2 days
> grip strength: 5 days
> mood: 1 wk
> cortisol: 9 days
> sleep quality: 2 wks
> blood glucose: 2 wks
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We’re kicking off IPO Access on Kraken with one of the biggest IPOs ever.
SpaceX available on xStocks (SPCXx).
See the price range, review the details, and submit your interest in the Kraken app before the window closes.
👉 app.kraken.com/JDNW/SPCXx
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Val retweeted
Mar 30
Nobody wants to live an uncomfortable life.
That's why we're building an orbital, decentralized network to connect everyone, everywhere! 🛰️🌐
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No where else can you offer IPOs to your clients on chain. You want to give your clients access? Better join the @xStocksFi alliance.
Jun 5
It's official. SpaceX ($SPCXx) is the first IPO on xStocks.
Onchain. Available on Kraken & other xStocks Alliance members.
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Val retweeted
Jun 3
The biggest story isn’t @krakenfx IPO.
It’s what comes next.
For the first time, investors could gain access to tokenized IPO shares through blockchain rails instead of waiting for the old financial system to catch up.
Think about that.
24/7 markets.
Global access.
Instant settlement.
Fractional ownership.
This is exactly what crypto was built for.
We’re watching the walls between TradFi and crypto disappear in real time.
The future of investing won’t be paper-based.
It will be tokenized.
And it’s happening faster than most people realize.
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Val retweeted
Jun 3
We're glad to announce that we working with
@xStocksfi to integrate tokenized equities into the Avo platform.
This collaboration expands access to fractional tokenized equity trading while deepening our commitment to DeFi.🥑
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Val retweeted
Institutions have gotten in at the IPO price for decades. Retail got the leftovers.
xStocks just ended that.
Now, retail investors worldwide can access US-listed IPO price exposure via xStocks, at the offering price.
→ blog.kraken.com/product/xsto…
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Going public should mean going public for everyone. The only place to get IPO Access in chain worldwide - @xStocksFi
Jun 3
An IPO in New York. Access the offering price from anywhere in the world.
That's what xStocks is unlocking.
Tokenized US listed IPO access for retail investors globally, coming soon to Kraken and select xStocks Alliance members.
→ xstocks.fi/news/announcing-t…
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Val retweeted
Jun 2
$500M TVL on Pendle - STRC Is Turning Bitcoin Credit Into a New Yield Market
$STRC is no longer just a credit product built around Strategy
It is starting to become a new yield primitive in DeFi ↴↴↴
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I recently built a query to track Pendle TVL and found that the STRC Stack has reached $500M in TVL
• apyUSD, apxUSD - @apyx_fi
• USDat, sUSDat - @saturn_credit
• srUSDat, jrUSDat - @strata_markets
• srRoyAPYUSD, jrRoyAPYUSD - @roycoprotocol
• STRCx - @xStocksFi
All forming a liquidity cluster around Bitcoin credit
What stands out is that the STRC Stack now accounts for around 32.5% TVL dominance on Pendle, putting it on the same level as other major yield narratives like Ethena
⤷ STRC is turning dividend streams/credit yield from a Bitcoin balance sheet into an onchain tradable market.
The flow is becoming clear:
STRC creates dividend streams → Saturn, APYX, and xStocks bring them onchain → Strata and Royco split and redistribute risk → Pendle creates PT/YT markets → capital flows back to expand STRC-backed products
This is a market trying to tokenize Bitcoin credit yield into different asset layers: fixed yield, floating yield, senior risk, junior risk, collateral assets, and structured products
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@pendle_fi plays a critical role here. $500M TVL may only be the beginning
Pendle is where a difficult-to-price yield stream becomes a liquid market with pricing, arbitrage, and risk segmentation
If @ethena opened up a yield market around funding rates, @Strategy Stack is trying to open a new direction: a yield market around Bitcoin credit
➥ If STRC continues to scale, Bitcoin credit could become one of DeFi’s biggest yield narratives.
ALT $500M TVL on Pendle | STRC Is Turning Bitcoin Credit Into a New Yield Market
May 14
Pendle x Strategy: How DeFi Turns Strategy’s Preferred Stock into an Onchain Bitcoin Credit Curve
Bitcoin’s biggest dilemma has always been capital efficiency: a trillion-dollar asset sitting largely idle
But the narrative is rapidly shifting Store of Value → Programmable Credit
By bridging corporate dividend streams ($STRC) directly onto DeFi rails, we are not just creating another wrapped token. We are witnessing the birth of an on-chain credit curve for the world's most pristine collateral
It is no longer about holding spot and praying for price volatility. It is about isolating risk, extracting real value, and trading structured yield.
Here is how ~20% Fixed APY engine actually works under the hood
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Credit Origination starts with @Strategy ( $STRC )
Instead of letting a massive @Bitcoin treasury sit idle, it generates a dividend stream. Protocols like @saturn_credit, @apyx_fi, @xStocksFi bring this exact yield on-chain
So instead of just holding a volatile asset, you are capturing a continuous yield stream backed by institutional-grade collateral. You are holding a productive asset
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Not all capital has the same risk appetite. This is the defensive and offensive side of the architecture
Through @strata_markets and @roycoprotocol, this tokenized yield is tranched into specific profiles:
→ Senior Tranche: Safety first. Lower yield, maximum protection
→ Junior Tranche: Higher yield, absorbing the underlying risk
In other words, risk is isolated. Institutional capital can park safely, while degens can chase the premium. Risk control becomes an active position
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This is where the market decides the fair value of that yield. You do not need to guess market direction. You only need to choose your exposure
That is where the @pendle_fi market data gets interesting:
🔹 For Defensive Capital (PT - Fixed Yield):
> Royco (jrRoyAPYUSD): Lock in 20.95% Fixed APY
> APYX (apyUSD): Lock in 19.22% Fixed APY
> Strata (jrUSDat): Lock in 15.29% Fixed APY
> xStocks (STRCx): Lock in 15.06% Fixed APY
> Saturn (sUSDat): Lock in 14.33% Fixed APY
🔹 For Aggressive Capital (YT - Levered Upside):
> APYX (apxUSD): 72x Leverage
> Saturn (USDat): 42x Leverage
> Strata (srUSDat): 34x Leverage
> Saturn (sUSDat): 26x Leverage
> xStocks (STRCx): 25x Leverage
The real takeaway is not just high APY, but the power of customizing your payoff structure on a Bitcoin-backed asset
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Flywheel = BTCFi as Alpha
→ Bitcoin can generate dividends
→ Dividends can be tokenized
→ Tokenized yield can be tranched and traded
And when traders can move between different risk profiles of the same underlying asset, capital flows back in. More capital expands the STRC-backed products, creating a massive on-chain credit curve
That is what makes this architecture interesting to me. It is not just another wrapped BTC. It is a primitive for expressing yield views through structured risk
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Bitcoin is no longer just something to hold. It becomes the base layer of a credit economy
➥ Institutional collateral DeFi Composability = BTCFi Alpha.
ALT Pendle x Strategy: How DeFi Turns Strategy’s Preferred Stock into an Onchain Bitcoin Credit Curve
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Val retweeted
Jun 1
xStocks are coming to @XLayerOfficial as the primary way to access worldwide tokenized equities.
Sectors covered include: AI, defence, rare minerals, ETFs and more.
24/7 access to 200M @wallet global users.
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Val retweeted
May 29
First off, he's right as usual.
In practice, orgs get blocked on rewarding outlier performers who really act like owners by their own red tape. Typical blockers:
- "This isn't in our comp band": Well, the alternative is that they walk out the door and found something or join a different place as a more senior executive. These people know they're busting their asses for you and this isn't a charity.
- "The optics look bad": Nobody has to know, and the people who find out are going to respect the decision because founder mode is so blindingly obvious. The big catch here is that often the people with founder mode are young, or inexperienced, or not from central casting. But you need to push through this.
- "What if we make a mistake." You won't, because detecting founder mode is so so so easy. The people who are exhibiting it are not only more productive and more proactive but they also follow up more, have a better attitude, take things to completion, hold higher standards, etc. It's not like some hard-to-detect secret where you're gambling on whether it's going to be worth it. The equity is much better spent on these people than some new exec where the error bars are 100 meters wide.
Two anecdotes:
* I got a very large grant at the beginning of a startup's growth phase, and the founders basically sat me down and said "we could've used this to hire 2-3 engineers or a new exec, but we believe in YOU so here it is." For about a year after receiving it I would've put on a ski mask and smashed our competitors' office windows with a crowbar if asked. I worked ~80% of weekends for years.
* I recently gave someone on my team w/ very long tenure and probably 0.8-0.9 Founder Mode tendencies a much larger grant than they were expecting. Morale, job performance, inspirational performance to his team notably improved. But I had to argue with several internal teams, reference times that I'd teed him up as a top performer years before (thankfully I saw this day coming), make a case, reduce equity grants for other people to make it happen. It was totally ridiculous. This guy is probably worth a couple % of the company's market cap.
When you see Founder Mode from a non-founder
When you find a VP, an exec, that actually cares as much as a founder, or almost as much …
Promote them fast. ASAP. Double their equity.
And … never let them go.
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