Dave Hendricks

Hot off the presses: @Aptos and the @Vertalo_ Securities Protocol: A Technical Case for the Next Generation Chain. And why you should care about this, if you are serious about 'Tokenizing The World' Link in the comments. @RWAFoundation_ @DefiLlama @ZeusRWA @andyyy @kylegbro @AptosLabs

@TylerSherwin The Trojan horse narrative making me rethink this one

Pretty much the only critic whose opinion I’ve been waiting for before deciding whether to see it.

@HaileyLennonBTC Nice to see you again!

So many OGs tweeting and liking my tweets today. Nature is healing. I missed everyone 🥹

@austincampbell Winter comes for all of us

The tale of Napoleon is not about human greatness. It is about respect for the old gods and nature. No man, no matter how great, no matter how driven, no matter how powerful, can defeat winter. Nature always wins in the end.

@RayBuckton It's been sooo long

My mutuals are back? 🥹 I missed y'all

We can’t wait to see everyone tomorrow at the Fairfield Police Sunset 5K! Join us for a great evening bringing the community together for an even greater cause. Registration is still open! hubs.ly/Q04pwtys0 See you at the starting line!

@mdudas @bchesky ChatGPChesky

@bchesky Great thread Claude Chesky

A very timely article by @CoinDesk, and an important letter that needed to be written, and covered. As a longtime member of the Securities Transfer Association, and co-chair of its Tokenization Committee, this is an important issue and one we have been discussing for years at the association. The time has come to drag Transfer Agency into the 21st century. That is the real issue. Not to decide who can tokenize what. Over the nearly 100 years since it was created in the wake of a similar problem (investor protections - 1929 crash), the @SECGov has regularly made important rule changes that modernized the securities industry. Here's the crazy thing: Blockchain is just a database technology. Recording shares on a blockchain doesn't mean you have to trade the tokens produced by the process. The value is in the immutability, auditability, and so many other benefits. Require that all shares - public or private, issuer or 3rd party sponsored - are to be recorded and written onchain. This wouldn't require changes to any trading systems at the start. This solves investor protections. @CoinDesk @sndr_krisztian

Vertalo Just Shipped Agentic Infrastructure for Transfer Agents. You Don't Have to Build It Yourself. Get Secure Speed to Market., by @vertalo_ open.substack.com/pub/chainenabl…

@LoewyLawFirm Remember when W and Cheney....

It’s funny how fast we go from “these people are trying to end democracy as we know it” to “he was a really great guy and will be missed”

@STOFoundation_ Pls stop No one is building growing anything around them. Stop glazing

Securitize going public isn't just a milestone for one company. It's a milestone for the entire tokenization industry. For years, many viewed tokenization as an emerging technology searching for real-world adoption. Today, that narrative is changing. A regulated tokenization infrastructure provider listing on the New York Stock Exchange demonstrates that digital asset infrastructure is becoming part of mainstream capital markets, not an alternative to them. More importantly, this validates several broader industry trends: ✅ Institutional adoption is accelerating. Major financial institutions are no longer asking *if* tokenization will happen. They're investing in the infrastructure needed to support it. ✅ Regulation is becoming a competitive advantage. The companies that invested early in compliance, licensing, governance, and investor protection are beginning to separate themselves from speculative blockchain projects. ✅ Traditional finance and blockchain are converging. The future isn't replacing Wall Street. It's modernizing it through programmable ownership, automated compliance, faster settlement, and global accessibility. ✅ The infrastructure layer is becoming incredibly valuable. Transfer agents, custodians, broker-dealers, compliance providers, KYC providers, tokenization platforms, digital exchanges, fund administrators, legal firms, valuation providers, and secondary trading venues all become increasingly important as institutional adoption grows. For everyone building in this ecosystem, this is validation. For entrepreneurs, it's proof that there are real businesses to build. For investors, it demonstrates that tokenization is evolving into a mature asset class supported by regulated market infrastructure. For regulators, it reinforces that innovation and investor protection can coexist. At the STO Foundation, we believe the next decade won't be defined by a handful of tokenized assets. It will be defined by an entire ecosystem of trusted companies working together to bring capital markets on-chain. That is exactly why we're building the STO Foundation. Not to compete with companies like **Securitize**. To help grow the entire ecosystem around them. Congratulations to **Securitize** (LinkedIn: linkedin.com/company/securi… | X: @Securitize | x.com/Securitize) and the entire team on reaching this important milestone for our industry. We look forward to seeing what comes next. The future of capital markets is being built today. #Tokenization #RWA #RealWorldAssets #DigitalAssets #Blockchain #CapitalMarkets #SecurityTokens #STO #Fintech #Securitize #STOFoundation

The real estate sector is going to accelerate the problems - it’s not people New Construction drop Large Floor Plate Leases - fewer Residential units held off the market due to rent stab and you know who I don’t know about the midtown commercial leases but Covid/WFH may have mortally wounded that Ppl decry trickle-down but it’s a thing With fewer big Cos that means less upward mobility, fewer restaurants, etc etc As a native Manhattanite whose family has been in NYC since early 1700s, I’m concerned It’s far worse than 1968-1988, the most recent trough Because the mobility of both capital and labor

As a skeptic on NYC's future economy, I will tell you that this chart is a mixed message and more questions need to be asked. Why? 1 - The trend got much worse in COVID, then stabilized. 2 - However, this impact is cumulative - we've been net losing people since 2015, so the hole we are digging gets deeper every year. To reverse this, you would need 10 years of the blue bar being larger than the yellow bar. 3 - What isn't shown is ages + future earnings potential. If this is old people at the end of the earnings cycle leaving, being replaced with 20 year olds coming in, this is not unhealthy. 4 - The net result is we have to figure out more about the people leaving. The real things to watch for are prime earners leaving (very bad), entrepreneurs who grow successful businesses leaving (very bad), and people being poached for jobs in other cities at comparable or better terms (very bad), not old people retiring (probably net good in some ways). To me, more notable is things like @jpmorgan putting tons of jobs in the Dallas-Ft Worth area instead of expanding in NYC, or @Citadel relocating jobs to Miami, because that pulls 30-40 year old prime working people and families. The other part of those is once you lose them, they are much harder to get back (kids, family supports, etc.). That's the true red flag, so there is likely better data to find to track that.

@RwaLlama @X @RobinhoodCrypto @world_xyz 💀

update: after strong consideration from the RWALlama herd, we will be leaving @X to go to the @RobinhoodCrypto chain. The competition on X is too tough, and when follower count started going down we realized there was no other choice. Grateful @world_xyz had the bravery to take the first step, now we're taking the… eleventh? sixteenth? 🦙

Still needs to be recorded somewhere DLT, Blockchain, Crypto - whatever you call it - is a record keeping and value/asset management and transfer agency tech at its foundation. Whether it’s wallet to wallet or issuer to investor, transfer is the thing. It’s the Chicken. And what’s being transfered is the egg.

🎯 The crux, and policy is naming it. Peer-to-peer transferability is the line between a market and a receipt. If a tokenized fund cannot move wallet to wallet, it is not trading onchain, it is parked there. Transferability is the instrument.

@thekingofhopium @MisterAccord @Securitize They are not a ‘competitor’ They are something else And we do different things I just don’t think the numbers work out I’ve been in this thing since the beginning Keep glazing

@MisterAccord @davehendricks @Securitize I never think it’s a good idea to 💩 on your competitors/ potential partners. Just something I’ve learned in life.

Back in North Carolina after going to NYC for the @Securitize reception, following their successful $CEPT -> $SECZ merger to go public. I met a lot of great folks there, and it was the first door that opened in work to cover stocks and onchain finance. Expect more content. I will keep working on Spaces here on X. I met folks from @betrmortgage and @coinroutes there, and I'll be analyzing what they do to provide real uses cases to the world with the underlying technology of blockchain. And, of course, expect a Space with Securitize in the near-future. If you want to support this work, give a follow. I am looking to make X my main platform long-term. AI has made writing for Seeking Alpha significantly more difficult. But also, the wider retail audience is here, and they were a chief part of Securitize's ability to go public.

@cryptoreine @SecScottBessent Like the internet

tokenization = U.S. economic statecraft per @SecScottBessent's recent remarks

@MarkHalperin The DNC should charge PPV for this debate

I just dropped my updated July "8 for '28" rankings. I move Bernie Sanders up to No. 3, bring Alexandria Ocasio-Cortez back onto the list, and lower down Kamala Harris. I also explain why I think the Democratic establishment is losing ground to the party's progressive wing. Reply with your own top 8 -- just the nomination, not the general election. Watch today's new episode of @NextUpHalperin: youtu.be/XKFSf6LNP0A?si…

@PeterBordes @grahamfergs @nikitabier @Securitize @NYSE @solana @elonmusk NYSE was testing their new predictions markets partnership with Kalshi But was pretty hilarious that SECZ got mogged by their ‘partner’ nothing to do with X.com, LOL

@grahamfergs @nikitabier @Securitize @NYSE @solana Thank you for addressing it. Was just about to start pining @elonmusk to please fix it.

Hey @nikitabier I need you to fix this. @Securitize is now a publicly traded company on @NYSE, not a @Solana memecoin.

@NYSE @Securitize Is the NYSE a prediction market now?

@ThomasFarley Love seeing the focus on Public Chain Architecture. The rapidity is highly issuer dependent, but it will play out as 'small until it's everything'.

Regulated infrastructure isn't the enemy of innovation. It's the prerequisite for scale. Last week bullish received GFSC approval to bring the benefits of tokenization to securities markets. End-to-end, regulated, global.