Under Water 🌊🐸

Em meio às negociações de Em meio às negociações de delação de Daniel Vorcaro, o ministro Alexandre de Moraes pediu que o STF paute uma ação de 2021 apresentada por advogados do PT que questiona os limites constitucionais das delações premiadas. A definição da data ficará a cargo do presidente da Corte, Edson Fachin. ➡Assista à #GloboNews: glo.bo/39WjXAu #ConexãoGloboNews

@VEJA 🤡

Brasileiros não se importam em pagar mais caro por produtos nacionais, diz estudo veja.abril.com.br/politica/brasi…

Não sei se é o fundo (provavelmente não é, porque eu nunca acerto o fundo), mas eu estou aproveitando para comprar. Daqui a uns anos, provavelmente sentiremos saudade dessa faixa de preços.

Xeet Creator Capital Markets are coming soon. Are you a Xeet Certified Creator?

Since the Global Liquidity Index started accelerating at the start of 2025, we've seen large moves occur pretty much anywhere but in $BTC/Crypto. Obviously 2024 was a year where it outperformed, but this is still a pretty insane difference to see. 2026 is going to be quite interesting.

Global investors are piling into Brazilian stocks: Brazilian stocks recorded +$2.3 billion in foreign inflows so far in January, the most in a single month since December 2023. This is more than DOUBLE the prior 7 months combined. As a result, the Brazilian Ibovespa stock index rallied +9.7% in US Dollar terms last week, the best performance among world major equity markets. Furthermore, Brazil's ETF, $EWZ, which covers 85% of the nation's stocks, is on track for its biggest monthly inflow since September 2014. These inflows have led to the creation of new ETF shares, pushing the total outstanding to 230,000 shares, just shy of an all-time high. What is happening in Brazil?

The fallout of Banco Master’s liquidation is getting ugly. It is reinforcing the impression among Brazilian voters that the country’s top court lacks impartiality economist.com/the-americas/2…

Less than 48 hours until we reveal final characters and this all ends.

We have kids becoming seal maxis through our Roblox games who then buy our plushies who then make posts on our forum about how much they love Sappy. If your brand isn't already in Roblox, you're making a huge mistake.

Currently vibe coding a self-care app where you look after your own pet seal by curing your own brainrot. Do daily tasks (go for a walk, avoid TikTok today) → Catch fish → Level up & decorate your home The app is fully web2 atm but debating some stepn-like mechanics.

Brazilian stocks are currently breaking out from a historical resistance this month. Many investors still view these moves as isolated and unrelated to what’s unfolding in hard assets. I disagree. Resource-rich emerging markets have historically been deeply tied to the commodities cycle. If this is indeed the early phase of a rotation into hard assets, it should — by definition — be highly constructive for economies like Brazil. In my view, this marks the beginning of a long-term structural trend.

CRAZY: Stripe has integrated Ethereum payments!

🔥 HUGE: $13 trillion BlackRock highlights Ethereum could be poised to benefit from tokenization, with 65% of tokenized assets on the network, in its 2026 Thematic Outlook.

Ethereum is the #1 choice for global financial institutions. Over the last few months, adoption has accelerated. Here are 35 stories of how institutions are building on Ethereum. 1/ @krakenfx launched xStocks on Ethereum, issuing tokenized versions of popular U.S. stocks and ETFs as ERC-20 tokens. Kraken’s eligible clients can now deposit and withdraw fully collateralized equities, directly on Ethereum. 2/ @OndoFinance launched Ondo Global Markets on Ethereum with 100+ tokenized U.S. stocks & ETFs. 24/7 access to programmable equities, backed by real securities, is now available alongside DeFi integrations for lending, trading, and more. 3/ @ChinaAMC_HK launched its Select USD Money Market Fund on Ethereum, one of the first tokenized funds from a major Chinese asset manager. One of Asia’s largest firms (over $449B AUM) now provides access to high-quality, short-term USD instruments with 24/7 settlement. 4/ @Fidelity introduced the FDIT tokenized money market fund on Ethereum. The Fidelity Digital Interest Token (FDIT) brings the bank’s investors the speed of onchain settlement alongside the stability of traditional instruments. 5/ @Google announced the Agent Payments Protocol (AP2), enabling AI agents to autonomously execute payments using stablecoins on Ethereum. Built in collaboration with The Ethereum Foundation, Coinbase, MetaMask, and others, AP2 allows AI to transact securely, bridging the gap between automated intelligence and finance. 6/ @UBS, @PostFinance, @sygnumofficial, and the Swiss Bankers Association successfully piloted Deposit Tokens on Ethereum. By demonstrating legally binding cross-bank settlement on Ethereum’s public infrastructure, the proof-of-concept paves the way for programmable, instant, cross-institution settlement. 7/ Santander’s @openbank_es launched ETH trading services in Germany, allowing customers to buy, sell, and custody ETH directly through their bank accounts. This integration is a strong signal of institutional confidence in ETH under MiCa regulation. 8/ @AmericanExpress launched Amex Passport, blockchain-based travel stamps minted as NFTs on Ethereum L2 @base. Cardholders can now create an onchain record of experiences and memories from international trips, blending loyalty rewards with digital ownership. 9/ The first tokenized S&P 500 Index Fund licensed by @SPDJIndices, SPXA, was launched by @centrifuge on Base. 10/ SWIFT and 30+ banks are designing a blockchain ledger to support tokenized assets and real-time, 24/7 cross-border payments alongside existing financial systems, starting with a prototype with Consensys. @swiftcommunity connecting 11,500+ institutions globally will create a bridge between traditional finance and onchain value. 11/ @SocieteGenerale FORGE, an integrated subsidiary of the 161-year-old commercial bank, deployed EURCV & USDCV lending and trading on Ethereum DeFi protocols Morpho and Uniswap. One of the largest custodians in Europe now provides institutional-grade collateral and liquidity for DeFi markets. 12/ @Stripe expanded its crypto support on Ethereum to include stablecoin-based subscriptions and recurring billing. Hundreds of thousands of companies that use Stripe can now accept USDC for subscriptions with automatic renewals, building on Ethereum for lower-cost payments with near-instant settlement. 13/ @Securitize and @FGNexusio tokenized the FGNX stock on Ethereum, representing the first NASDAQ-listed preferred equity issued fully onchain. Ethereum is the platform to build programmable assets that bring public markets to the digital age. 14/ @AntGroup, the fintech behind @Alipay, launched @JovayNetwork, a L2 for institutional tokenization. The company behind one of the world's largest retail platforms is now building global institutional settlement for tokenized assets on Ethereum. 15/ @jpyc_official launched the world's first yen-pegged regulated stablecoin on Ethereum. Complaint, programmable yen transactions are now available worldwide, backed 1:1 by yen reserves under Japan’s Payment Services Act. 16/ @BNYglobal and Securitize announced a tokenized AAA-rated CLO fund on Ethereum. Institutional credit moving onchain brings liquidity and transparency to traditional asset classes. 17/ Google partnered with @Polymarket, integrating onchain prediction market data to Google search results. The largest search provider now leverages the Ethereum ecosystem as a primary source of truth. 18/ @StartaleGroup released the Startale App, a SuperApp for @soneium's growing Ethereum L2. Mainstream users in the Soneium L2 ecosystem can now access simple onchain interactions and rewards with a unified platform for wallets, assets, and apps. 19/ @jpmorgan migrated its tokenized deposit product, JPM Coin (JPMD), from its internal permissioned blockchain to Base. Moving from a private chain to an Ethereum L2 will meet demand from JPMorgan’s institutional clients for payments, collateral, and margin settlement on public infrastructure. 20/ @Mastercard announced it will build on Ethereum L2 @0xPolygon to expand its Crypto Credential program to self-custody wallets. Working with @mercuryo_io, the expansion will allow Mastercard users to send crypto using verified, human-readable aliases. 21/ @Amundi_ENG, Europe’s largest asset manager ($2.75T AUM), launched a tokenized share class of its euro money market fund on Ethereum mainnet. Bringing traditional cash management onchain unlocks 24/7 settlement and composability for euro-denominated capital. 22/ Sony Bank announced plans to launch a USD-pegged stablecoin on @soneium, its Ethereum L2, in early 2026. From gaming to finance, Sony is building its ecosystem’s home base on Ethereum. 23/ @WisdomTreeEU introduced the world’s first physically-backed ETP for @LidoFinance Staked Ether. The fund will provide European investors with regulated exposure to the spot price of stETH and its ETH staking rewards. 24/ The @CFTC announced a pilot program that will allow ETH, BTC, and USDC to be used as collateral in US derivatives markets, alongside new guidance on using tokenized assets as collateral. This marks a significant shift in how ETH and other digital assets can be integrated into regulated US markets. 25/ @BlackRock filed for a staked ETH ETF. Following the success of their spot ETH ETF, this filing seeks to unlock the value of Ethereum's native staking reward rate for traditional investors. 26/ The @ADI_Foundation, backed by IHC, announced the mainnet launch of institutional L2 @ADIChain_, part of the @zksync Elastic Network. Supported by the UAE's largest conglomerate, ADIChain will host the country's regulated stablecoins and aims to bring 1 billion people onchain across the Middle East, Asia and Africa. 27/ JP Morgan launched MONY, their first tokenized money market fund, on Ethereum mainnet. The firm seeded the fund with $100M of its own capital, signaling their commitment to public chain tokenization. 28/ @coinbase announced Coinbase Tokenize, built on Base, as their new end-to-end institutional platform for tokenizing RWAs. Combining issuance, custody, compliance, trading, and infrastructure, the new product will streamline the process of bringing assets like tokenized stocks, equities, funds, and real estate onchain in the Ethereum ecosystem. 29/ @RobinhoodApp added 500 tokenized assets on @arbitrum, bringing their platform to nearly 2000 assets tokenized. With over $14M in total tokenized value, Robinhood continues deepening their integration with Ethereum’s L2 ecosystem. 30/ @BlackRock, @Mastercard, and @FTI_Global partnered with the ADI Foundation in the UAE, builders of the ADIChain L2. The group will explore tokenized asset structures, digital asset regulatory frameworks, stablecoin settlement, and cross-border payment infrastructure. 31/ @SoFi became the first national US retail bank to issue a stablecoin (SoFiUSD) on a public, permissionless blockchain. Launched on Ethereum, SoFiUSD will first be used for faster, cheaper internal settlements for the fintech giant and its partners. 32/ @telcoin launched eUSD on Ethereum and Polygon, a regulated U.S. dollar stablecoin issued by Nebraska state-chartered digital asset depository institution Telcoin Digital Asset Bank. The launch marks another milestone in U.S.-regulated banks issuing stablecoins directly on public blockchains, bringing traditional regulated banking to the Ethereum ecosystem. 33/ @Grayscale distributed the first ETH staking rewards to ETHE ETF shareholders. In a first for US regulated products, investors received Ethereum’s native yield directly, proving that staked ETH ETFs can deliver the economic utility of the network. 34/ @MorganStanley filed for a Staked Ether ETF, doubling down on its crypto strategy. One of the world’s largest wealth managers is moving beyond spot exposure to capture Ethereum’s native staking yield for clients, signaling a shift to productive participation. 35/ The ADI Foundation partnered with M-Pesa to bring 60M+ users onchain. Africa’s largest mobile money platform is integrating blockchain rails to power instant cross-border payments and stablecoin transactions, merging massive fintech scale with Ethereum’s global settlement layer. — Ethereum is the trusted, global settlement layer for real-world adoption, used by institutions, governments, and enterprises worldwide. Learn more about building on the institutional liquidity layer: institutions.ethereum.org

LATEST: Ethereum just processed a record 2.89M daily transactions, the highest in its history.

JUST IN: 🇺🇸 NYSE to launch 24/7 US stock trading through new on-chain tokenized exchange.

Forgot to link the hub, massive WIP but will look something like this:

Has been a while since I've given an update so here's a breakdown of where Sappy is at right now and what we're focusing on going into this year. Pre-amble: With altcoins & NFTs the market is definitely not the same as it was before. I think this is obvious to everyone but I've noticed there are still japanese soldiers that are convinced old tricks and mechanics work. They don't. Liquidity is thin; people want to bid assets that feel like "real companies" not vacuous memecoins. There's still room for memecoins, social currencies, and "utility tokens" (I would say without these functions, tokens are hard to justify versus equities). I'm not part of the camp that thinks there will never be hyperspeculation in crypto again, because there will be; we all love ponzis and PvPing each other onchain. Just not with solved games -- people need something new and fresh. So the overarching plan is to continue building for users, sustainable revenues that aren't tied to directly to crypto, and doubling down on the areas that we've already found PMF / Brand Market Fit. Then leaning into crypto during cyclical periods where liquidity is sloshing around at an accelerated rate. Where we've found early PMF / what we're leaning into: Roblox: we're going to continue to go hard and accelerate here. It's our main objective to ship more seal/brainrot focused games across most genres to cast as wide of a net as we can for the brand, and to also iterate and see what works and stays sticky. Our initial incursion into Roblox was very successful peaking at 2M+ MAU and still sustaining a large portion of that player base... for all of its success, that was a relatively amateur first attempt; we've been setting up better AI pipelines for Roblox development that makes it reasonable to ship many more games and 10x those player counts in totality. It's my belief that Roblox is the sandbox whose audience will be the most valuable on the internet once they are grown up. That intense feeling you get when you see a TikTok referencing an old game you enjoyed on the PS2 or the Gamecube, or when you see a Pokemon card is the exact same feeling the youth of today will get when reminiscing on the things they enjoyed engaging with when they were younger. Fortnite and Roblox are functional equivalents to the old school consoles and exactly where that is taking place. Which is why as much as I care about scaling revenues through Roblox, the long term brand equity gained purely through being popular on the platform is totally invaluable. It also can heavily convert to merchandise sales today if all touchpoints for the brand are dialed in (which is why brands get overcharged so much by Roblox dev shops for the same ROI that only cost us a few thousand $). We have the playbook, it's just about iterating new concepts and then aggressively scaling. Brand Expansion & Merchandising: I've started to create a content pipeline that is easily repeatable, cost efficient (costs next to nothing through either AI or smart reusable concepts), while still being very tasteful and meeting our quality standards for the brand. We are mostly focusing here on reaching people where they're at through nostalgic/emotional content, or just being visually stimulating through carefully curated aesthetics. Content that isn't superficial and touches people in a memorable way. I've attached some examples to the post so you can see what I mean rather than just read it. I don't think it's long until larger brands start doing this at scale, but it's always good to be ahead of the curve and most importantly winning on taste -- knowing what will resonate with people and what won't has always been our edge. The purpose for these accounts is not only to rack up attention but also to begin converting those into sales of both of physicals (plushies & gacha collectibles) and digital avenues like our games, and any other apps we produce. Because they're offshoot accounts it's also a lot easier to be aggressive/experimental with said conversion strategies. Sappy Studio: I'm wrapping everything like Omnia, Sappy.lol and everything else into this category because they're all tangentially related. Beginning with Omnia, our current focus is gearing up for Season 0 which involves players competing in the ranked ladder for a prize pool that has rewards through Monad Momentum as well as a player-funded prize pool. This season will be fairly simple with us mostly logging retention, deck building habits, as well as qualitatively observing how aggressively players push the combat system. Deeper monetization wont exist yet outside of the player buy-in (to be eligible for P2E rewards). Beyond that our overarching principle this year is to focus heavily on risk-to-earn mechanics where a portion of that excess value is circular i.e. revenues flow back to prize pools or other parts of the economy, treating the game almost like a protocol where the objective is to amass TVL or player liquidity. Social is also a big focus, and that means implementing the Open World hub which from an infrastructure perspective has already been built out and tested by all of you previously. Right now we are scaffolding the environment in 3D and working through how that hub should look and feel, so players are excited to hang out & idle together while they're queuing. For sappydotlol, what I'm about to say is still early days from a design perspective so a lot can change, but I'm pushing the site in the direction of being a virtual game console. An intersection between Nintendo & Myspace where users can play, trade, and socially interact in a way that's deeply personalised; a breathe of fresh air from the hostility of the current internet. If you go back to my thesis on Roblox above and the game console references, you can kind of see how this will all sequentially tie together. In essence, the strategy is to acquire a critical mass of players through traditional platforms like Roblox, and use that attention and trust to provide an onboarding funnel for web2 users into our own sandbox filled with a mixture of our own browser-based experiences as well as an aggregation of others. The aim is to make the platform a breath of fresh air & bunker from the enshittified platforms like TikTok/IG/X where users are actually served in ways that delight rather than agitate, and where self-expression is incentivised. Closing: As always everything here is subject to change but I've never felt more conviction in our direction until now; I know exactly what we need to do and how, with everything aligning with our team's strengths. Very excited and grinding through things to the point where I'm getting headaches and can't sleep from being hyperfocused for long periods of time lol. There probably has never been a better time to join the ecosystem from a price to fuck around and find out perspective.

The spot bitcoin ETFs are coming into 2026 like a lion, +$1.2 in flows in first two days of year w/ everyone eating. That's a $150b/yr pace. Told ya'll if they can take in $22b when it's raining, imagine when the sun is shining.

🚨 UPDATE: Ethereum validator exit queue falls near zero for the first time since July, dropping to just 32 ETH as staking demand surges.