$250,000. Per violation. Per day. That’s the fine in the new Clarity Act draft for any exchange that keeps trading a token issued by a sitting federal official, the President included. The official himself has to hand the profits back. Trump agreed to it.... See more
Hi, it’s Marc. ✌️ “We are done with POCs, we’re done with experiments. This is about real world assets moving on real rails to make a real difference.” - Nadine Chakar Last week, July 15, DTCC processed the first live tokenized stock, ETF, and Treasury tr... See more
Private credit grew from $1.1 trillion in 2010 to $2 trillion at the start of 2025. Tokenized private credit hit $20.48B in active loan value by late 2025, up from under $8.9B a year earlier. That’s 56% growth in twelve months. Strip out stablecoins and r... See more
Hey, it’s Marc & the 51 team, One number stopped me this week: $114 trillion. That’s what DTCC safeguards, and on Wednesday the backbone of US securities settlement ran its first live tokenized trades, in production, with real stocks, ETFs and Treasur... See more
Hey, it’s Marc. I watched DTCC’s live updates on Wednesday like a product launch. In a way, it was one. At 8:30am, JPMorgan converted QQQ shares into tokens. By late morning, it posted tokenized assets to meet a margin call at CME. Real securities. Real m... See more
