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Token AdviceToken Advice — Weekly Curated Crypto News
Bringing a curated stream of crypto news to your feed each week.
Support Token Advice
Token AdviceToken Advice — Weekly Curated Crypto News
Bringing a curated stream of crypto news to your feed each week.
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401 Financial Broad Market Index (INDX) is a fundamentals-driven crypto index fund that blends the efficiency of passive investing with active, fundamentals-based selection. Backed by 401 Financial’s proprietary scoring system, INDX delivers low-cost, diversified exposure to the broader crypto market. Get invested today:
👉 Invest
📅 Meet with us
1. Coinbase turns on DEX trading inside the app
Coinbase is flipping the switch to let users trade millions of onchain assets on the Base blockchain directly in the Coinbase app. No more waiting for asset listings. They are sponsoring network fees too, making it incredibly friendly to trade. DEX aggregation to route across Uniswap/Aerodrome (the Uniswap and Aerodrome tokens are both included in our flagship INDX crypto fund), and a plan to add Solana next. U.S. rollout is live, with global expansion coming right up.
Why it matters: The blending of traditional finance and onchain finance continues. Builders get to distribute their token on day one, and users get more freedom of choice. This will be a major gateway to onchain assets for consumers, at the earliest of stages.
2. Stripe is building a payments L1 with Paradigm
Stripe is building it's own layer 1 blockchain: Tempo. Their goal is to tackle high speed payments via stablecoins. They are building using the EVM (Ethereum Virtual Machine) stack, so it will be compatible with Ethereum and it's Layer 2 chains. Stripe is early here and they are looking to disrupt TradFi's slow payment rails and excessive middleman fees.
Why it matters: Yet another company is recongnizing the reality: blockchains are simply the best infrastructure out there for finance. Stripe will be able to compress costs and have near instant settlement 24/7/365, something banks and payment processors can't offer. If Stripe owns the wallet (Privy acquisition) + On/offramp (Bridge acquisition) + chain, that’s a full B2B and B2C payments stack, all onchain.
3. Circle Reports Earnings for the First Time as Public Company
Stablecoins are all the buzz following the passing of the GENIUS Act last month. Circle is benefiting big time. Over the last year, the amount of USDC outstanding grew 90%, now sitting at $61.3B. They launched the Circle Payments Network, with the goal of making USDC more interoperable across chains and bridging the gap to "in real life" payments. Similar to Stripe, they also announced Arc, an EVM-compatible L1 where USDC will be the primary unit of account.
Why it matters: Stablecoins are becoming the operating system for money on the internet and Circle is building the stack to capture that flow with a multi-chain approach.
4. Harvard Endowment discloses Large Stake in BlackRock’s Bitcoin ETF
"The institutions are coming" is quickly becoming "The institutions are here." Harvard bought 1.9M shares of IBIT (~$116.7 million), reportedly giving it more exposure to BTC than it has to Alphabet (Google) or Nvidia. Brown University also increased its IBIT stake.
Why it matters: Endowments are notoriously slow to move. When they do, it validates the asset class for a whole cohort of institutions, and the flows tend to be sticky + long term thesis oriented.
5. “The Tokenization of Everything”
Simon Taylor’s piece absolutely nails what we are seeing across the crypto economy. Tokenization isn’t a hype word, it’s happening right before our eyes. He talks about Figma authorizing “blockchain common stock” and quotes Robinhood CEO Vlad Tenev calling tokenization “the greatest capital markets innovation since the central limit order book.” This one is well worth a read.
Here's the tokenization trend visualized:
Onchain. Low cost. Accessible to all. Built by a fiduciary.
Get started investing today:
👉 View Fund Details & Invest
📅 Book a Call
Disclosures: This newsletter is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. 401 Financial is a Registered Investment Advisor. Investments involve risk, including the potential loss of principal. Please consult with a qualified financial professional before making any investment decisions.
401 Financial Broad Market Index (INDX) is a fundamentals-driven crypto index fund that blends the efficiency of passive investing with active, fundamentals-based selection. Backed by 401 Financial’s proprietary scoring system, INDX delivers low-cost, diversified exposure to the broader crypto market. Get invested today:
👉 Invest
📅 Meet with us
1. Coinbase turns on DEX trading inside the app
Coinbase is flipping the switch to let users trade millions of onchain assets on the Base blockchain directly in the Coinbase app. No more waiting for asset listings. They are sponsoring network fees too, making it incredibly friendly to trade. DEX aggregation to route across Uniswap/Aerodrome (the Uniswap and Aerodrome tokens are both included in our flagship INDX crypto fund), and a plan to add Solana next. U.S. rollout is live, with global expansion coming right up.
Why it matters: The blending of traditional finance and onchain finance continues. Builders get to distribute their token on day one, and users get more freedom of choice. This will be a major gateway to onchain assets for consumers, at the earliest of stages.
2. Stripe is building a payments L1 with Paradigm
Stripe is building it's own layer 1 blockchain: Tempo. Their goal is to tackle high speed payments via stablecoins. They are building using the EVM (Ethereum Virtual Machine) stack, so it will be compatible with Ethereum and it's Layer 2 chains. Stripe is early here and they are looking to disrupt TradFi's slow payment rails and excessive middleman fees.
Why it matters: Yet another company is recongnizing the reality: blockchains are simply the best infrastructure out there for finance. Stripe will be able to compress costs and have near instant settlement 24/7/365, something banks and payment processors can't offer. If Stripe owns the wallet (Privy acquisition) + On/offramp (Bridge acquisition) + chain, that’s a full B2B and B2C payments stack, all onchain.
3. Circle Reports Earnings for the First Time as Public Company
Stablecoins are all the buzz following the passing of the GENIUS Act last month. Circle is benefiting big time. Over the last year, the amount of USDC outstanding grew 90%, now sitting at $61.3B. They launched the Circle Payments Network, with the goal of making USDC more interoperable across chains and bridging the gap to "in real life" payments. Similar to Stripe, they also announced Arc, an EVM-compatible L1 where USDC will be the primary unit of account.
Why it matters: Stablecoins are becoming the operating system for money on the internet and Circle is building the stack to capture that flow with a multi-chain approach.
4. Harvard Endowment discloses Large Stake in BlackRock’s Bitcoin ETF
"The institutions are coming" is quickly becoming "The institutions are here." Harvard bought 1.9M shares of IBIT (~$116.7 million), reportedly giving it more exposure to BTC than it has to Alphabet (Google) or Nvidia. Brown University also increased its IBIT stake.
Why it matters: Endowments are notoriously slow to move. When they do, it validates the asset class for a whole cohort of institutions, and the flows tend to be sticky + long term thesis oriented.
5. “The Tokenization of Everything”
Simon Taylor’s piece absolutely nails what we are seeing across the crypto economy. Tokenization isn’t a hype word, it’s happening right before our eyes. He talks about Figma authorizing “blockchain common stock” and quotes Robinhood CEO Vlad Tenev calling tokenization “the greatest capital markets innovation since the central limit order book.” This one is well worth a read.
Here's the tokenization trend visualized:
Onchain. Low cost. Accessible to all. Built by a fiduciary.
Get started investing today:
👉 View Fund Details & Invest
📅 Book a Call
Disclosures: This newsletter is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. 401 Financial is a Registered Investment Advisor. Investments involve risk, including the potential loss of principal. Please consult with a qualified financial professional before making any investment decisions.
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Check out the latest insights from @eriks on investing in the broad crypto market with the 401 Financial Broad Market Index (INDX). This fundamentals-driven index fund combines passive investing with an active selection process, enabling low-cost, diversified exposure to cryptocurrency. More highlights include Stripe's plan for a payments layer 1, Coinbase's DEX trading, and increasing institutional involvement in BTC ETFs. Explore how these developments shape the next chapter in finance.
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Check out the latest insights from @eriks on investing in the broad crypto market with the 401 Financial Broad Market Index (INDX). This fundamentals-driven index fund combines passive investing with an active selection process, enabling low-cost, diversified exposure to cryptocurrency. More highlights include Stripe's plan for a payments layer 1, Coinbase's DEX trading, and increasing institutional involvement in BTC ETFs. Explore how these developments shape the next chapter in finance.