Chinners

1/ Kevin Warsh’s first press conference hammered one theme: the Fed’s tools only work if they stay sharp. The Fed's institutional leverage isn't just about rates or balance‑sheet size & that made me think about how new financial rails like stablecoins might reshape that leverage

Introducing: Artemis Analyst I learned from the best investors at @whalerock and @insightpartners. Today we productize all the learnings I had as an analyst to help make AI investing accessible to ALL. We connected Fable 5 with 12+ proprietary data sources: 3,000+ equities, consensus estimates, crypto fundamentals, ETF flows, tokenization, prediction markets, and stablecoins. A top investor told us “after using Artemis Analyst 3x, I’m hooked” Questions you can answer and create charts for: > What is EV / NTM revenue for high growth SaaS ✅ > What is Anthropic vs OpenAI ARR? ✅ > What is the prediction market share of $HOOD Rothera during the World Cup ✅ > Build me a $HYPE model ✅ It’s still in beta and free in July. It’s what I wanted when I was an analyst at Whale Rock / Insight, packed with skills and data so I can focus on the fun part of investing: creating thesis and making calls. Use the Artemis Analyst today :)

BREAKING: Total crypto card deposits have officially crossed above $10 billion for the first time in history. This puts total deposits up +82% year-to-date and nearly +250% year-over-year. The surge comes amid a rapid adoption of stablecoins as a payment rail, particularly in cross-border transactions. Yesterday, Visa, Mastercard, and a consortium of over 140 companies jointly launched a new USD-pegged stablecoin called Open USD, which is set to accelerate this trend. Onchain platform Jupiter Mobile has also driven adoption, which has seen +65% month-over-month growth in new card users. User growth has been fueled by localized integrations such as QR-based payments and growing accessibility across 60+ countries. Crypto card adoption is rapidly expanding.

Network outages in the past five years ↓ Solana: 6 Arbitrum: 3 Base: 3 (2 last week) Starknet: 2 Sui: 2 Ton: 2 BNB Chain: 1 Avalanche: 1 Polygon: 1 Optimism: 1 Ethereum: 0 Just in case you were wondering why >50% of DeFi TVL is locked on Ethereum.

@SamBroner awesome - just resent my email to ya!

@ABChinners Fixed -- thank you.

My view of hiring is something like Billy Beane's from Moneyball. We have JDs - they're fine, good, clear - but what we actually need is the aggregate of abilities. Never built in crypto? Haven't built software for payments? I don't care. We are creating a team that wins. We're hiring a team that, in the aggregate, can do everything The Better Money Company needs to succeed. I want to hire you. I want to hire you if you know payments inside and out, but also if you're an engineer stuck in the back office who should be driving revenue. If you are obsessed with simplifying a complex, regulated onboarding flow and can help our customers start using our product faster, we want to talk to you. If you can drive first-pass payment success from 99.25% to 99.75%, if you're not afraid to spelunk through legacy code and can connect legacy systems to modern payments, if you are maniacally obsessed with ensuring that our team can trust AI completely because we are certain our test harness covers our core state machine, if you can solve a max-flow problem and instrument a system to collect costs, we want to talk to you. You don't need to have all of these skills, we need the *team* to have all of them. I want to meet you if you're the best person you know at any of them. If you're humble and not sure, but there's a little part of you that thinks maybe, maybe I am the best at one of these things and I want to prove it by building Better Money, that's even better. DMs open, but so is email: samb@bettermoney.com, subject line: Better Money | {problem you want to solve or skill you have}

@rronrex @generalcatalyst @IndexVentures @Venrock Congrats! Just dropped an app for CoS - looking forward to seeing where Arca goes~

This morning, I am thrilled to announce that Arca has officially emerged from stealth with $64 million in funding across our seed and Series A from @generalcatalyst , @IndexVentures , and @Venrock . I started Arca because of a simple contradiction: the best wealth management is deeply personal, yet the industry becomes less personal as it scales. We know great financial advisors don't just manage portfolios – they help clients navigate life's biggest, most emotional decisions. But most advisors are buried in administrative work, fragmented systems, and inefficient manual workflows, preventing them from doing their best work for their clients. We believe more people deserve personalized, proactive and efficient wealth management. And advisors deserve to focus on what they do best: delivering great financial advice to their clients. That's why Arca was born. Arca is an AI-native wealth management company that is redefining how financial advice is delivered by pairing great financial advisors with a fully integrated, agentic platform. We’re building agents from scratch across every part of the business, creating an evolving and compounding system that learns from and operates itself, and pushing the boundaries of what’s possible in one of the largest industries in the world. We're empowering advisors to do what only humans can do: cultivate trust and relationships, understand the full complexity of someone’s financial life, and make every client feel deeply seen and heard. Thank you to our fantastic team for joining this journey; we would not be here without your efforts. We're building one of the most talent dense teams in NYC, and we're hiring across the board. To our investors and board/advisors, I'm grateful for your belief and support in Arca and our vision of working tirelessly to enable better financial outcomes for people. Learn more about Arca’s story in our WSJ exclusive: wsj.com/pro/private-eq…

@sethginns Congrats, Seth - exciting to see this come together. Would love to learn more about the team / roles if you’re open!!

To the partners, LPs, and friends who’ve been on this journey, thank you. The best part starts now. If you want to build this with us, we’re hiring!

A $1.8T asset manager just built a dedicated crypto investment team. I’m the Chief Investment Officer. The “do digital assets have staying power?” debate is over. Here’s what comes next 🧵

6/ TLDR: -USD: bullish as stablecoins deepen global dollar usage -Fed power: mildly bearish bc dilutes monopoly over dollar liabilities -US financial stability: TBD ofc

5/ As stables scale: (i) they become major T-bill buyers, (ii) they influence ST rates, and (iii) they reshape collateral dynamics QE/QT, IOER, RRP all interact differently when a parallel dollar system exists - tool sharpness might look different in the next cycle as a result

1/ Kevin Warsh’s first press conference hammered one theme: the Fed’s tools only work if they stay sharp. The Fed's institutional leverage isn't just about rates or balance‑sheet size & that made me think about how new financial rails like stablecoins might reshape that leverage

Rundown on where Visa is seeing pmf w/ stablecoins from their CEO, Ryan McInerney: > 1) Consumer payments -> Visa card issued on top of stablecoin balances. Growing "very, very quickly" and up to ~160 stablecoin-card programs globally (i.e. Whop, Etherfi, Plasma, Redot, $WU soon etc) > 2) Stablecoin settlement -> "Historically we settle in fiat. We do it Monday through Friday, and we do it once a day. But now we're using stablecoins to offer settlement 7 days a week, multiple times a day across border around the world". Up to single-digit billions (last # I saw $V release was ~$5 billion in Jan '26) and growing "very, very fast"

The latest trend of renewed interest in public sales proves that. I personally prefer to invest in a new round on @legiondotcc, @buidlpad, @echodotxyz, or @MetaDAOProject rather than farm a new airdrop. All the airdrops I farm are related to stablecoin liquidity because I just want a higher APR. Airdrops are dead soon.

In 10 years, many more people will use crypto, but they may not know they're using crypto. They only need to feel the benefits, not understand the systems behind it. The best tech is often invisible.

11 crypto x AI use cases. From decentralized physical infrastructure to IP registries for creators. ⤵️

The next prize to chase here is physical intelligence - the ability for an AI to 'act with consideration' (e.g. gingerly squeeze an overrip tomato, swirl clear liquid in a cup, use a paintbrush or paint roller interchangeably, or safely handle a hot drink).

Interesting that GPT 4.5 and LLaMa-3.1-405B pass the Turing test (convincingly imitate human convo) when prompted to adopt a humanlike persona. Source: UCSD Mar-25 study by Cameron R. Jones