Frank Chaparro

Personal news: I’m joining @GSR_io as Head of Content and Special Projects. I’ve covered crypto since 2017, always drawn to market structure and how institutions shape this space. What started with bitcoin futures has evolved into a truly institutional market with real liquidity, access, and regulatory clarity. Now I get to help tell that story from the inside.

1/ For a decade, Web3 and TradFi argued. In 2026, they're sitting at the same table. In 10 days, Jenny Johnson (CEO @FTDA_US, $1.5T AUM) and @adam3us (Co-Founder, @Blockstream , inventor of Hashcash) open Proof of Talk 2026 on the same stage. That fireside is the thesis of the entire event. @proofoftalk

SEC delays plan to allow trading of tokenized stocks due to concerns and pushback Scoop via @pattersonscott

@pattersonscott Oh?

Check out my first scoop on the Bloomberg crypto beat: SEC readies plan for crypto trading of US stocks; what are "third party" tokenized securities? We're about to find out.

This and $500 HYPE

NYSE Owner and OKX Seek to Launch Perpetual Futures Tied to Oil

SOL is down -84% against HYPE since Q1 2025

THE REAL STORY of the Silvergate Bank “collapse” is finally starting to come out, due to the SEC lifting its “no-deny”/“no criticism” restriction on SEC settlements this week. @jaredkate, Silvergate’s then-COO, has started to talk👇 & more of Silvergate’s side of the story will come out, no doubt. As @nic_carter has reported, Silvergate didn’t actually collapse; rather, it was purposefully demolished as part of #OperationChokePoint2.0 — and it stands pretty much alone in banking history as a bank that paid out depositors amid a bank run without sticking the FDIC’s deposit insurance fund with losses. I’d already learned what happened from a different insider who was at the table back then: the insider witnessed the Fed ordering Silvergate to de facto liquidate by ceasing to service the crypto industry, the “voluntary” announcement of which started the bank run. The insider named names, and a senior Fed official later asked for that list of names (note: many of the people have since left the Fed or no longer in senior positions there). I can’t wait for the interviews of Silvergate executives who previously couldn’t talk but can now. I hope @MaxfieldOnBanks runs with this — he did a big analysis of the Silvergate story a few years ago and figured out that the mainstream narrative wasn’t correct. I look forward to hearing more from the execs, who successfully liquidated a bank under extreme bank run pressures. Are you ready to hear what they have to say???

Was crypto built for robots, not humans? This episode features Ben Fielding (@benfielding) explaining to Frank (@fintechfrank) why crypto UX isn't broken, how to scale decentralized machine learning, and what the future of information markets looks like. Watch it here:

JPMorgan Chase is quietly building one of the biggest crypto teams on Wall Street. Chase Digital Assets head Adam Carson says the bank is hiring across Executive Director, VP, and Associate roles to expand its digital assets & blockchain unit.

Thank you Jeff #cryptosoupgroup

"Yes, Wall Street is coming onchain." Our own Chief Legal & Strategy Officer Josh Riezman (@JoshR_GSR) talked with Kelvin Sparks (@imyoungsparks) from The Block (@TheBlockCo) about stablecoins, CLARITY, and the convergence of DeFi and TradFi. Watch:

Binance Research: Illicit crypto represents less than 1% of total transaction volume.

Hyperliquid has quietly become crypto’s dominant fee engine, capturing 43% of all chain fees (~$11M weekly) as perpetual futures continue to out-monetize nearly every other onchain activity category. H/t @cryptounfolded

@arno39 Gm

@fintechfrank more food less water per favore

This is how your email finds me

Five year performance: BTC +65% SOL +81% ZEC +111% ETH -40%

@Dogetoshi Lmaooo literally

@KeliCallaghan Italy is calling the Callaghans

@fintechfrank The holiday isn’t technically until Monday.

"All those old games aren't working anymore." Azeem Khan (@azeemk) explains how teams are adjusting to a new phase for builders in crypto and what they're cutting out of the startup playbook.