Rodrigo

@YI_LON Congrats; would love to help!

Introducing Onchain Group (OG). After leaving Coinbase, I spent time reflecting on what was actually worth working on. My background was as a venture investor — pattern matching, working with founders, and figuring out what’s coming next. What I realized, though, was that the most energizing part wasn’t investing. It was working with teams to define strategy and bring the right transaction into existence, like architecting the Coinbase <> Morpho deal — a new kind of onchain alliance that combined product, capital, and distribution to create an entirely new category and market. It made me wonder: was this a one-off, or the start of something new? Having been in crypto for nearly a decade, this is the most dynamic the space has felt. Onchain products are becoming real businesses, tokens are becoming real assets, and regulatory clarity is opening up an entirely new design space — introducing a new class of capital structuring opportunities. Over the past year, working closely with founders, it became clear that this wasn’t a one-off, but the first of many. The opportunity design space is just beginning — from tokens turning on fees, to restructurings, to equity-like conversions, to acquisitions and distribution partnerships involving tokens. Teams are realizing that getting this right is no longer optional. As onchain products mature into real businesses, taking ambitious steps toward the right capital structure becomes a requirement — and the market is beginning to reward those who do it well. In our conversations with builders, investors, and stakeholders over the past year, it became clear that nobody was exploring this area the right way — with an early-stage mindset, cryptonative intuition, and institutional rigor all at once. So we started Onchain Group. OG exists to define and execute the transactions that create new markets and shape this new system. If crypto is the software upgrade to finance, then capital structure needs to evolve alongside it — requiring ambitious strategy and creative execution.

@seyong How long you in town? Will be there Tuesday

me: stewing about the impacts of AI on the legal profession, thinking about how clients may never need lawyers client: "can you please send this docusign"

Arguably my favorite part of this rewards/yield debate has been when bankers say “if we allow this, then we’ll see massive deposit flight.” Crypto has already been offering rewards/yield on stablecoins FOR YEARS. Where is the deposit flight? Is it in the room with us right now?

@iamjasonlevin Welcome

I moved from NYC to Miami 1 month ago 3 non-obvious reasons Miami is beating NYC so far: 1. Crime 🗽 NYC = disorganized crime (crazy people pushing you on subway, doing drugs in subway, etc.) 🌴 Miami = organized crime (gangs, Russian mob, etc.) Organized crime sounds worse because of movies, but disorganized crime is much scarier and higher anxiety (SF another great example) 2. Intelligence 🗽 NYC = average person is dumb and psychotically mean 🌴 Miami = average person is dumb and nice I hate being around stupid people, but unless you're isolated in the countryside or a monastery, you're forced to live amongst them. The average person is just happier here. We all have to be around idiots sometimes, but it's better to have nice idiots than evil ones. 3. Morning walks 🗽 NYC = crackheads, homeless guy taking a dump, anti-Semitic graffiti 🌴 Miami = beach Enough said.

Mònica Subidé @ KDR

Trillions of dollars are flowing into AI, and there is almost nowhere to trade it. There’s no exchange for hyperscalers to hedge their $100M training runs. No benchmark markets to bet on the speed of AI progress. No public markets on OpenAI despite them being worth more than Goldman Sachs. The most important sector in the global economy has less financial infrastructure than soybeans. Until now. Announcing MNX, the first exchange to allow trading across the entire AI value stack, from H100 rental prices to Nvidia shares. Trade the takeoff at mnx.fi

Continuing to hire in NYC If you love Rust, and want to work on a $10B+ outcome apply now: Fullstack.Trade

@Melt_Dem @CrucibleCap You can use our office in SoBe

request: does anyone have a conference room in Miami that the @CrucibleCap team could use from 9 am to 4 pm on march 5? we'll be a group of 4 working doing a day long working session on projects in NHI, AI-enabled physics, cognitive security, and more. DMs open!

Hilda Palafox, Loriel Beltrán, Nicolas Party, Sol LeWitt

Congrats to @BirchHill_io on their launch today! The team's unique background will enable them to bring onchain credit infrastructure to institutional crypto holders

excited to see this in the wild... think battlebots but with AI Agents trading against each other

@DKarvasales @ThinkingUSD First is Hugo McCloud (shows at Sean Kelly), second is Brennen Steines (shows at Dimin)

@RSSH273 @ThinkingUSD Those are pretty dope , who is the artist

Taking a break from markets here. What's something you've purchased, that you feel is significantly improved your life regardless of the cost?

... this might not be true in the future, as LLMs get better at drafting, or if you have a bad lawyer, but this is the case today.

Asking your lawyer to review an AI generated contract is going to be more expensive for you than having a good lawyer use their own forms

link here: sec.gov/newsroom/speec…

Its also not the "innovation exemption" that the industry is excitedly awaiting (this might have to wait until we get more clarity on the prospects of CLARITY). Net-net, this is a welcomed step by the agency, but still a lot of wood to chop.

The SEC just published a taxonomy on Tokenized Securities. Quick thread on what this is, and what it is not.