Chris k! retweeted
Tokenisation is not for for providing tokenised versions of Google and Meta.
It is to help companies and entrepreneurs raise capital in markets where tradfi does not serve them.
The popular version of the tokenisation story is investor access, which solves half the problem.
The other half is companies that cannot reach capital markets at all.
Bitfinex Securities is focused on connecting them to a global pool of investors.
blog.bitfinex.com/bitfinex-s…
Chris k! retweeted
On Wednesday in Singapore, Axis CEO @bidorder joins the Tokenization panel at the Thought Leaders Summit.
Hosted by @PanteraCapital, @Spartan_Group and @Maven11Capital.
Alongside @syrupsid (@maplefinance), @3f_romeo (@3f_xyz), @goitbykojiro (@tenkafinance), Lily Yarborough (@ValinorDigital), and @0xpostscryptum (@Maven11Capital).
there was a time, before arkham and nansen, when only a few spent hours on bloxy investigating coinbase and bithumb test transactions, buying the coins that would get listed the following thursday like clockwork.
good times. look how far we've come.
If there’s arbitrage spread between currencies, you earn by moving money
If there’s no arbitrage spread, it’s an alternative to SWIFT anyway
arbitrage exe. infra stack is not just a yield strategy in the world where ‘law of one price’ is gone in the tokenized, fragmented world
Chris k! retweeted
Just a reminder that over the last 30 days, @AxisFDN has generated 22.8% annualized real yield.
Ofc, whenever you see a number that high, you should ask where it’s coming from and what risks you’re taking. DeFi has PTSD from big yield numbers, and rightfully so.
But I think what Axis is doing is pretty incredible.
We sat down with their co-founder and CEO for 40 minutes to dig into it. The episode leans more towards Axis Prime, but we also touch on how they’re bringing their strategies into DeFi.
It’s also a chance to get a feel for @bidorder, the person behind it, his track record, and the team's overall expertise. For me, that’s a big part of getting comfortable with something like this.
Ultimately everyone always needs to do their own diligence and decide whether the risk-reward makes sense. I think this is a good place to start.
Full episode below.
Disclosure: Axis is a sponsor of @edge_pod.
🎙️ New @Edge_Pod
🏰 Building Citadel Securities For The Tokenized Era | DeFi Frontier
0:00 - Intro
1:33 - From commodities to crypto arbitrage
5:37 - What is Axis Prime?
6:30 - Why crypto businesses need Axis Prime?
8:39 - Balance sheet as a service
10:18 - Betting on stablecoin adoption
13:40 - Serving fiat x crypto conversions
16:14 - First six-figure OTC trade for a CEX
17:25 - Prime works with Origin Vault + sUSDx
19:36 - USDx, sUSDx, and the Origin Vault
21:07 - Axis yields over last 30 days
22:55 - Where does sUSDx yield come from?
23:52 - Onchain cap formation, serving businesses
24:47 - The challenge with trust + transparency
26:34 - How you earn the trust of DeFi lenders
29:32 - Has the market bottomed?
31:08 - Yield to earn from Robinhood mania
34:04 - Closing
🙏 Thanks to @AxisFDN CoFounder & CEO @bidorder for joining us!
the yield has always been there.
It was just never shared.
(why would hfts/otc/mm do that?)
we then ended up with wrappers and nonsense.
Sustainable (3,3) is here
sUSDx is #1 by APY on @DefiLlama, among Ethereum pools above $10M.
Currently running at 26.6% APY via @pendle_fi and @CurveFinance.
It’s now becoming more obvious!
(check our dashboard: app.axis.to/transparency) to see where we’re heading
