We don’t have preset portfolios, but we may have preset investment baskets in the future (do you want us to, btw? Let us know).

We allow users to select their own stocks, indices and commodities (we have a gold ETF but other options coming in future). 

This allows you to detach from unnecessary portions of the portfolio in cash, bonds and anything else you don’t feel comfortable holding. 

Cash and bonds will underperform a ripping equity market and over the past 20 years of my personal investment history (note: this is not financial advice), I’ve done my best to stay away from unproductive positions. 

It won’t always be the case that a full public equity position serves you best, of course, but we do believe that flexibility is important.

Flexibility makes us closer to a standard stock trading account or a self-invested tax wrapper. 

This makes sense to us as you - the next generation of investors - are incredibly financially savvy. Whether you’re following a tried-and-tested dollar cost averaging strategy on the S&P 500, or mixing it up with single stock investing, we’re targeting a user base that’s ever better informed.

Now, AI tools make it easy to do research, summarise news and understand complex topics, simply, at your pace and whenever convenient. 

Back then, a formal education in finance or at least a basic investing and financial statement analysis course was the true minimum. It’s no longer the case and the barriers to entry have fallen dramatically.

Our app takes advantage of exactly this new paradigm. 

We’re not Robinhood on crypto rails - we believe that’s a fast track to being competed out of the market by…er, Robinhood (which is already moving user trades on chain)! 

We’re pioneering a new area of the market that blends the benefits of decentralised finance models to deliver additional yield - above and beyond your standard dividend yields, buybacks and capital growth - in a passive and hands-off manner.

You (still) do the research on what you want to buy or sell and when but we manage the passive yield on the position. 

Sounds like a good deal? Take a look at our app here: alpha.demether.io and learn more here: demether.io.

Tell us what you think! https://t.me/demetherdefi or via email: info@rtlabs.xyz.

Rather than selecting individual stocks, $SPYx provides diversified exposure to 500 of America's largest companies across technology, healthcare, financial services, consumer goods, industrials, energy, and more. For decades, the S&P 500 has been a cornerstone holding for investors seeking long-term participation in the growth of the U.S. economy.

Today, that diversified exposure is available directly onchain and accessible via Demether.

As traditional finance increasingly converges with blockchain technology, diversified market exposure is becoming more accessible than ever through tokenized assets. The S&P 500 represents one of the most compelling ways to participate in the broader U.S. market while benefiting from onchain financial infrastructure.

At Demether Research, we believe tokenized indices represent the next evolution of diversified investing, combining familiar investment strategies with the accessibility and efficiency of onchain markets.

At Demether Research, we believe tokenized indices represent the next evolution of diversified investing, combining familiar investment strategies with the accessibility and efficiency of onchain markets.

Where the yield comes from

The yield profile for $SPYx is engineered through structured onchain strategies.

At a high level, Demether combines:

• $SPYx – tokenized S&P 500 exposure on the Solana network

• Onchain liquidity deployment via Raydium

• Automated strategy execution

• 360° risk management – from crypto and DeFi-related risks through to index-specific fundamentals

This enables investors to maintain broad market exposure while putting their capital to work through structured onchain yield strategies.

Today, Demether's yield strategies focus on concentrated liquidity pools (imagine allowing others to swap against your position to generate fees), which are closely monitored by our risk engine.

In future, we aim to expand strategies to include lending (where tokenized index exposure can be deployed into lending protocols, generating yield through borrow demand) and structured products (more complex arrangements designed to provide specific risk-reward profiles, such as delta-neutral strategies).

As institutional adoption of tokenized assets accelerates, demand for liquid onchain index exposure may continue increasing, strengthening both liquidity and new yield opportunities.

Whether you're building a diversified portfolio or looking to complement individual stock positions, $SPYx offers a simple way to participate in the broader U.S. equity market while earning yield onchain.

Access now: https://demether.io

About Demether:

Demether provides frictionless access to yield opportunities across real-world assets, bridging traditional finance and onchain markets.

Backed by Web3-native investors, Demether is built by a team with experience across JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, Animoca Brands, HSBC, Rocket Internet, and Google.

Our web app and mobile applications are now live. Explore more at https://demether.io, follow us on X at https://x.com/DemetherDefi, or join our Telegram community at https://t.me/demetherdefi for the latest updates.

Disclaimer: This material is for educational purposes only and does not constitute financial, legal, or investment advice. Always conduct your own research and consult a qualified professional before making investment decisions.

Represented onchain as $GLDx, tokenized gold combines the stability of one of history's most established assets with the efficiency and accessibility of blockchain technology. As one of the world's most widely held reserve assets by central banks and institutional investors, gold continues to play an important role in portfolio diversification and long-term capital preservation.

Today, $GLDx is accessible via Demether.

Capital markets are rapidly moving onchain, and tokenized gold represents one of the clearest examples of how traditional assets can benefit from decentralized financial infrastructure.

At Demether Research, we believe tokenized real-world assets are not just a new wrapper around traditional investments. They are the foundation of a new financial rail.

Where the yield comes from

The yield profile for $GLDx is engineered through structured onchain strategies.

At a high level, Demether combines:

• $GLDx – tokenized gold on the Solana network

• Onchain liquidity deployment via Raydium

• Automated strategy execution

• 360° risk management – from crypto and DeFi-related risks through to commodity-specific fundamentals

This enables users to gain exposure to the underlying value of gold while simultaneously generating yield.

Today, Demether's yield strategies focus on concentrated liquidity pools (imagine allowing others to swap against your position to generate fees), which are closely monitored by our risk engine.

In future, we aim to expand strategies to include lending (where tokenized gold can be deployed into lending protocols, generating yield through borrow demand) and structured products (more complex arrangements designed to provide specific risk-reward profiles, such as delta-neutral strategies).

As institutional adoption of tokenized real-world assets accelerates, demand for liquid onchain commodity exposure may continue increasing, strengthening both liquidity and new yield opportunities.

Access now: https://demether.io

About Demether:

Demether is a high yield savings app for stocks. We bridge traditional finance and onchain markets to provide frictionless and risk-managed access to strategies that are otherwise unavailable to retail investors.

Backed by Web3-native investors, Demether is built by a team with experience across JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, Animoca Brands, HSBC, Rocket Internet, and Google.

Our web app and mobile applications are now live. Explore more at https://demether.io, follow us on X at https://x.com/DemetherDefi, or join our Telegram community at https://t.me/demetherdefi for the latest updates.

Representing industry leaders across artificial intelligence, cloud computing, semiconductors, software, consumer technology, and digital infrastructure, the NASDAQ-100 offers diversified exposure to some of the most influential companies driving global innovation. Through holdings that include many of the world's largest technology businesses, the index has become a benchmark for growth-orientated investors seeking exposure to long-term technological transformation.

Today, that exposure is available directly on-chain through tokenized infrastructure and accessible via Demether.

Capital markets are rapidly moving onchain, and the NASDAQ-100 represents one of the most compelling broad-based technology exposures available within this emerging financial architecture.

At Demether Research, we believe tokenized equities are not just a new wrapper around stocks. They are the foundation of a new financial rail.

Where the yield comes from

The yield profile for NASDAQ-100 exposure is engineered through structured onchain strategies.

At a high level, Demether combines:

• Tokenized NASDAQ-100 exposure on the Solana network

• Onchain liquidity deployment via Raydium

• Automated strategy execution

• 360° risk management – from crypto and DeFi-related risks through to stock-specific fundamentals

This enables users to gain exposure to the underlying index while simultaneously generating yield.

Today, Demether's yield strategies focus on concentrated liquidity pools (imagine allowing others to swap against your position to generate fees), which are closely monitored by our risk engine.

In future, we aim to expand strategies to include lending (where tokenized index exposure can be deployed into lending protocols, generating yield through borrow demand) and structured products (more complex arrangements designed to provide specific risk-reward profiles, such as delta-neutral strategies).

As institutional adoption of tokenized assets accelerates, demand for liquid onchain index exposure may continue increasing, strengthening both liquidity and new yield opportunities.

Access now: https://demether.io

About Demether:

Demether is a high yield savings app for stocks. We bridge traditional finance and onchain markets to provide frictionless and risk-managed access to strategies that are otherwise unavailable to retail investors.

Backed by Web3-native investors, Demether is built by a team with experience across JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, Animoca Brands, HSBC, Rocket Internet, and Google.

Our web app and mobile applications are now live. Explore more at https://demether.io, follow us on X at https://x.com/DemetherDefi, or join our Telegram community at https://t.me/demetherdefi for the latest updates.

From training large language models to enabling next-generation AI applications, NVIDIA sits at the center of one of the most significant technological shifts in decades. As demand for artificial intelligence infrastructure continues to grow, NVIDIA has established itself as a critical supplier to many of the world's leading technology companies.

Today, that exposure is available directly onchain through tokenized infrastructure and accessible via Demether.

Capital markets are rapidly moving onchain, and NVIDIA represents one of the most compelling technology assets available within this emerging financial architecture.

At Demether Research, we believe tokenized equities are not just a new wrapper around stocks. They are the foundation of a new financial rail.

Where the yield comes from

The yield profile for NVIDIA exposure is engineered through structured onchain strategies.

At a high level, Demether combines the following:

• Tokenized NVIDIA exposure on the Solana network

• Onchain liquidity deployment via Raydium

• Automated strategy execution

• 360° risk management – from crypto and DeFi-related risks through to stock-specific fundamentals

This enables users to gain exposure to the underlying asset while simultaneously generating yield.

Today, Demether's yield strategies focus on concentrated liquidity pools (imagine allowing others to swap against your position to generate fees), which are closely monitored by our risk engine.

In future, we aim to expand strategies to include lending (where tokenized equities can be deployed into lending protocols, generating yield through borrow demand) and structured products (more complex arrangements designed to provide specific risk-reward profiles, such as delta-neutral strategies).

As institutional adoption of tokenized assets accelerates, demand for liquid onchain equity exposure may continue increasing, strengthening both liquidity and new yield opportunities.

Access now: https://demether.io

About Demether:

Demether is a high yield savings app for stocks. We bridge traditional finance and onchain markets to provide frictionless and risk-managed access to strategies that are otherwise unavailable to retail investors.

Backed by Web3-native investors, Demether is built by a team with experience across JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, Animoca Brands, HSBC, Rocket Internet, and Google.

Our web app and mobile applications are now live. Explore more at https://demether.io, follow us on X at https://x.com/DemetherDefi, or join our Telegram community at https://t.me/demetherdefi for the latest updates.

⚠ Disclaimer: This material is for educational purposes only and does not constitute financial, legal, or investment advice. Always conduct your own research and consult a qualified professional before making investment decisions.

With the rise of tokenized equities, investors can now access exposure to public market assets through crypto-native infrastructure, unlocking 24/7 markets, composability, and new yield layers that traditional brokerage systems simply cannot offer.

Tesla represents one of the most widely recognized growth companies in the world. From pioneering electric vehicles to pushing the boundaries of autonomous driving, robotics, and AI, the company continues to sit at the center of several long-term technological trends shaping the future economy.

Today, that exposure is available directly onchain through Kraken's xStocks tokenization platform and now accessible via Demether.
Capital markets are rapidly moving onchain, and Tesla represents one of the most compelling examples of how high-growth global equities can participate in this emerging financial architecture.

At Demether Research, we believe tokenized equities are not just a new wrapper around stocks. They are the foundation of a new financial rail

Where the yield comes from

The yield profile for Tesla (TSLAX) is engineered through structured onchain strategies.

At a high level, Demether combines:

• $TSLAx – xStocks' tokenized Tesla asset on the Solana network

• Onchain liquidity deployment via Raydium

• Automated strategy execution

• 360° risk management – from crypto and DeFi-related risks through to stock-specific fundamentals

This enables users to gain exposure to the underlying asset while simultaneously generating yield.

Today, Demether's yield strategies focus on concentrated liquidity pools (imagine allowing others to swap against your position to generate fees), which are closely monitored by our risk engine.

In future, we aim to expand strategies to include lending (where tokenized equities can be deployed into lending protocols, generating yield through borrow demand) and structured products (more complex arrangements designed to provide specific risk-reward profiles, such as delta-neutral strategies).

As institutional adoption of tokenized assets accelerates, demand for liquid onchain equity exposure may continue increasing, strengthening both liquidity and new yield opportunities.

Access now: https://demether.io

About Demether:

Demether is a high yield savings app for stocks. We bridge traditional finance and onchain markets to provide frictionless and risk-managed access to strategies that are otherwise unavailable to retail investors.

Backed by Web3-native investors, Demether is built by a team with experience across JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, Animoca Brands, HSBC, Rocket Internet, and Google.

Our web app and mobile applications are now live. Explore more at https://demether.io, follow us on X at https://x.com/DemetherDefi, or join our Telegram community at https://t.me/demetherdefi for the latest updates.

⚠ Disclaimer: This material is for educational purposes only and does not constitute financial, legal, or investment advice. Always conduct your own research and consult a qualified professional before making investment decisions.

- Record $1.77 trillion valuation: The offering places Elon Musk's rocket maker at $1.77 trillion, a 40% increase from its February self-assessed valuation of $1.25 trillion

- June 12, 2026 Nasdaq debut: Trading will begin next week on the Nasdaq Exchange under the ticker symbol SPCX

- No traditional Wall Street roadshow: SpaceX fixed its price directly without the typical Wall Street price discovery process using roadshows

- Goldman Sachs and Morgan Stanley lead: The official prospectus lists Goldman Sachs as the lead organizer, followed by Morgan Stanley among major Wall Street underwriters

- Musk share restrictions: Filings indicate Elon Musk is restricted from selling some SpaceX shares until the company meets certain operational benchmarks

- Accelerated timeline: SpaceX accelerated its IPO timeline from the original June 18-30 estimate to June 12, releasing its prospectus publicly

- Kraken's SpaceX offering sold out instantly: Kraken launched pre-IPO SpaceX shares and sold $100 million in allocation within just 15 minutes, with their entire offering fully allocated in under 2 hours to crypto-native investors

- AI funding driver: The IPO aims to fund Musk's orbital AI ambitions and help compete xAI against rivals, pivoting the rocket maker toward artificial intelligence

- 180-day lockup period: Insiders and early investors face an 180-day lockup ending between December 15-27, 2026, before they can sell shares

 There are three things that stand out to me above all else. 

1. Undoubtedly the first thing that comes to mind is the power of DeFi integrations. On Solana, our home chain, we're plugged into Raydium and Kamino - which provide out of the box support with liquidity pools for our 'market-making' strategy (risk-managed concentrated liquidity pools) and  lending, respectively. We're heavily invested in research on other popular strategies and hope to launch them very soon (there are two we've been planning intensely for 4 months now with incredible yield and real utility to investors).  
   

2. The second is credibility, a critical factor to us given we're aiming for mass-market, not just degen, adoption.  Alongside our own platform's trust and security, we believe users will be reassured that the assets are backed by Kraken, a global and well regarded exchange. 
   

3. Primary liquidity, when users need it, is the lifeblood of any RWA. One of the biggest reasons why we I had personally turned down so many fascinating but emerging tokenization projects as a VC back in the day was the lack of clear pathway to primary and secondary liquidity for newly issued assets. The xChange protocol, established as part of xStocks is an incredible mechanism blending onchain and offchain liquidity to allow anyone using a compatible DeFi front end (we use Jupiter for the magic) to get access to high fidelity pricing with low fees. In turn, Jupiter allows Demether to bring ~$10 million clips of any of our supported assets during market hours on chain and into a strategy. Honestly, this still blows my mind thinking about it. 

xStocks continues to innovate and expand - we note the recent announcement on SpaceX coming soon and can't wait to see what else is in the pipeline. We'll be growing our platform alongside.

With the rise of tokenized equities, investors can now access exposure to public market assets through crypto-native infrastructure, unlocking 24/7 markets, composability, and new yield layers that traditional brokerage systems simply cannot offer.

Circle, the company behind USDC, has emerged as one of the defining infrastructure plays of the digital dollar economy. Today, that exposure is available directly onchain through Kraken’s xStocks tokenization platform and now accessible via Demether.

Capital markets are rapidly moving onchain and Circle sits directly at the intersection of crypto, real world assets and equities, which is why we’re excited to bring our users access to this asset.

At Demether Research, we believe tokenized equities are not just a new wrapper around stocks. They are the foundation of a new financial rail.

Where the yield comes from

The yield profile for Circle (CRCLX) is engineered through structured onchain strategies.

At a high level, Demether combines:

• $CRCLx - xStocks’ tokenized asset on Solana network 

• Onchain liquidity deployment via Raydium 

• Automated strategy execution

• 360 risk management - from crypto and DeFi related risks through to stock-specific fundamentals 

This enables users to gain exposure to the underlying asset while simultaneously generating yield.

Today, Demether’s yield strategies focus on concentrated liquidity pools (imagine allowing others to swap against your position to generate fees) which are closely monitored by our risk engine. In future we aim to expand strategies to include lending (where tokenized equities can be deployed into lending protocols, generating yield through borrow demand) and structured products (more complex arrangements to provide a specific risk-reward profile - e.g. a delta neutral position). 

As institutional adoption of tokenized assets accelerates, demand for liquid onchain equity exposure may increase - strengthening both liquidity and new yield opportunities.

Access now: https://demether.io

About Demether:

Demether provides frictionless access to yield opportunities across real-world assets, bridging traditional finance and onchain markets.

Backed by Web3-native investors, Demether is built by a team with experience across JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, Animoca Brands, HSBC, Rocket Internet, and Google.

Our web app and mobile applications are now live. Explore more at https://demether.io, follow us on X at https://x.com/DemetherDefi, or join our Telegram community at https://t.me/demetherdefi for the latest updates.

⚠ Disclaimer: This material is for educational purposes only and does not constitute financial, legal, or investment advice. Always conduct your own research and consult a qualified professional before making investment decisions.

The reason why there is material overlap but not a perfect match is because of the constraints of available liquidity in market-making and the available market for lending. Over time, as onchain activity improves we’re convinced we’ll be able to offer more asset-strategy combinations.

The UX of course will continue to be polished but we believe we’ve addressed the minimum viable adjustments for this sprint. 

I always like to leave the community with a taste of what’s to come, because we have an incredible pipeline of ideas that we’d like to test. The big picture for us is guided by what we call the 3’P’s. I won’t go into detail on what all of them are just yet, but I can reveal that we’re looking into pre-IPO stocks. 

Yes, there has been some controversy on the legal structures and the reality of ownership in some cases but the simple fact of the matter is that we can add massive value by orchestrating yield on much-hyped names such as Anthropic, SpaceX and others that are very likely to become retail favourites post listing. Moreover, the empirical evidence on private equity fund outperformance vs. major public indices is compelling enough to believe that our users’ portfolios would do well to have some exposure. 

As a final point, nothing in this blog post is financial advice in any form. Crypto is not for everyone. Please do your own research, consider your personal circumstances, seek the advice of professionals qualified and regulated in your jurisdiction and assume that there is always a risk that you could lose all of what you invest. 

We hope you enjoy the latest launch and we’ll be eagerly awaiting your feedback! 

Yours,
Kartik

Lead Contributor
Demether 

About Demether

Demether is a high yield savings app for stocks. Simply deposit USDC, select a stock or index and swipe to effortlessly generate incredible yields on your assets. Let our platform automate your strategies and manage risks. We’re live with $TSLA, $NVDA, $AAPL, $GOOGL, the Nasdaq, the S&P500 and gold ETFs, with more assets and pre-IPO stocks coming very soon! Check us out at Demether.io and be sure to join our Telegram group for the latest information and direct contact with the team, anytime: https://t.me/demetherdefi. 

When we first launched, the focus was tight: S&P 500 exposure through concentrated liquidity, paired with some baseline yield via Kamino USDC lending. These are what many financial analysts would consider the bare essentials of long term wealth creation. Compound growth will take care of the rest, and we have over 200 years of the S&P 500’s history to show for it. This baseline gave us a clean environment to test assumptions, stress the mechanics, and understand how users actually interacted with the product. 

It did its job: we had over 500 alpha V1 testers, over 200 pieces of feedback and some thoughtful responses that fed directly into shaping V2. 

And now Alpha V2 is where we start expanding that surface area in a meaningful way.

First, here’s what you can see: we’re introducing a broader set of assets into the system, such as $NVDA, $TSLA, $CRCL, $QQQ, and $GLD (a gold ETF). Each of these brings a different volatility profile and market dynamic into the system. Tech names behave differently from indices, and gold adds a completely different macro dimension. That mix creates more room to construct and test strategies within the same concentrated liquidity framework.

On the product side, we’ve stripped things back aggressively. The Alpha V1 experience exposed a little too much too early. It assumed users wanted to understand every parameter before taking action, which slowed everything down. In V2, onboarding is tighter, flows are clearer, and the number of decisions you need to make upfront has been reduced. You can still go deep, but you don’t have to in order to get started. 

We also spent time rethinking how positions are presented and managed. The goal here is simple: you should be able to understand what you’re doing, why it behaves the way it does, and what to expect under different market conditions, without needing to reverse engineer the system.

Secondly, here’s what you don’t: under the hood, we’ve spent a lot of time making the system more resilient. One of the biggest upgrades is around RPC redundancy. In practice, that means fewer failed transactions, more consistent performance, and a system that can actually handle scale without degrading the user experience. This is foundational work that most people won’t notice when it works well, which is exactly the point.

A lot of this work has been shaped by how people actually used the product, not how we expected them to. The gap between those two things is where most of the iteration has happened.

This is still an alpha. We’re not pretending otherwise. But V2 is a much closer representation of where Demether is going, both in terms of product direction and the kind of user experience we want to deliver.

We’ll be rolling this out soon and opening it up for broader usage and feedback.

As a final word on what’s next? Don’t worry if the assets that you’ve requested are not available. We’re working to add more assets, private stocks and some ‘exotic’ products for pro users very soon. We’re also laser focused on progressively improving the security and risk management of the platform. You may see us dynamically changing some UX or the back end taking time to refresh while the upgrades take place. Please bear with us, we’re creating a better and safer experience for everyone. After all, we’re just getting started.

About Demether

Demether is a high yield savings app for stocks. Simply deposit USDC, select a stock or index and swipe to effortlessly generate incredible yields on your assets. Let our platform automate your strategies and manage risks. We’re live with $TSLA, $NVDA, the Nasdaq, the S&P500 and gold ETFs, with more assets and pre-IPO stocks coming very soon! Check us out at Demether.io and be sure to join our Telegram group for the latest information and direct contact with the team, anytime: https://t.me/demetherdefi. 

Yours,
Kartik

Lead Contributor
Demether

Let's face it. There's little to differentiate many neobanks under the hood.

The huge proliferation of products across UK and Europe (this is first hand as the team has wallets full of debit cards and screens full of apps that we have tested over the past decade 😄) clearly signalled that the underlying components could assemble a basic product off the shelf.

This was true then and a 100x easier now.

However, the barriers to entry have grown from the outside - regulation, tighter rules on marketing and KYC, AML and other strict filtration meant that the easy days of access to an abundant and unbanked customer base is far harder than it's ever been.

And we can also say that this has been even harder for crypto-native firms in many geographies.

So the break-out apps (above and beyond survivorship) are to be easy to spot in crypto

One of our favourites of the wallet-turned-neobank category is Ready (fka Argent).

We applaud the:

• Super clean interface and the Jobsian approach to design and features resonates with me.

• Reputation for being bulletproof and reliable - Argent, as it was called then, had a strong reputation for being ultra-secure among the whales that composed their original customer base

• Cutting edge tech - focusing very much on Stark and previously ZKsync ecosystems, pioneering the smart contract based wallet

In contrast, we find the UX of the vast majority of new cryptobanks to be overwhelming.

They're either overly dependent on trading so it looks like a meme dashboard on steroids, or on community, where every transaction is broadcast as part of an unwanted social experience.

What's next? We’re absolutely convinced it’s the careful curation of the investment experience.

Once you establish trust (and deposits) you then cross-sell to make your margin.

https://alpha.demether.io is live. Try it, you’ll love it.

• Zero permission needed.

• Zero gas needed.

• (Almost!) zero crypto knowledge needed [we're working on it!].

Deposit USDC. Earn yield on stocks.

Check out our app at https://alpha.demether.io - Alpha Launch is LIVE.

Graphics credit: AI. No investment bankers were harmed in the creation of this image.

Private equity returns are more important than you think.. for traditional investors at least...here's why:

If you look at the historical performance for the asset class, it's pretty obvious.

The numbers speak for themselves: 1994-2024, PE averaged an annualised return of 15% vs. 10% for major public equity indices like the S&P 500.

But should you care? Frankly a 5% boost feels like nothing.

That's because the human mind is not wired to work in exponentials....the fact is 5% more yield per annum on your investments would probably mean you retire a decade earlier than your peers. Let that sink in.

The problem is in access. Typically, investment in PE funds requires you to be a market counterparty/qualified investor - think: billionaire industrialist/investor, or at least a high net worth client with pre-determined minimum income and assets.

Most people don't make the cut.

What can ordinary people do to qualify for the deals of their choice?

Platforms like Robinhood and Republic are bringing private shares your way, including Anthropic, SpaceX, Stripe, OpenAI, Anduril Industries and more.

But then again, what do ordinary people understand of the risks of an illiquid, opaque and probably unfavourably valued deal pushed to retail? How can you even research companies like this?

Private stocks are cool - and we'll be adding support for private stocks very soon! - but fundamentally a different risk-reward proposition than investment in public stocks.

And we've got a better idea: use the Demether platform

(Alpha now live!! https://alpha.demether.io) to generate yield on assets that you understand and trust to bridge the gap.

Check it out - current yields (above and beyond your usual dividend yield) on the S&P 500 is around 10% over the past 30 days at the time of writing.

There's a lot of talk of consumers 'being their own bank' with DeFi

• Self custody of their assets in a wallet - trust yourself and no other third party

• 24/7 access to money - no concerns over a bank being open and staffed to access or move funds

• Unlimited access - no withdrawal limits or sudden checks when moving large sums

• Transparency - no 'pending transactions' (well...unless RPC or blockchain temporarily halts ;) )

But let's think bigger for a moment: what about being your own asset manager?

Wallets lend themselves to this perfectly by allowing you to buy and hold any assets through swaps (or buying on a centralised exchange and moving your assets to your wallet) -- which is mostly impossible in TradFi

But what about being your own brokerage, market maker or hedge fund?

• lending your assets, offering liquidity and creating your own structured products?

• access to discounted token sales

What about being your own investment bank?

• Arrange and underwrite launches

Excited? All of this is coming - and more.

Because crypto is always two steps ahead.

One interface, unlimited potential. Scale and risk are entirely up to you. 

Here are some examples: 

Only one more thing to add: stock perps - and we know that's coming.

So... where's Binance?

Ondo Finance, Shift and xStocks are all launching on BNB Chain, (Ondo is already there and ramping up liquidity).

Binance used to have a stock offering back in 2021.

Looks like we're on track to repeat history. 

The opportunity for institutional adoption of crypto is huge

We're nowhere near the 1-10% discussed by the likes of Fidelity, Van Eck, Bridgewater's founder etc.

Within that the subsector of RWAs is also distinctly underowned.

Infrastructure is of course needed but education needs to catch up.

Liquidity will soon follow.

So shat do funds need to understand?

That its easier and cheaper to form incredible strategies onchain using permissionless composability.

That means

- no legal team
- eliminating certain counterparty risks
- no negotiations for access to key data and forming partnerships

Simply plug and play for profit (or of course potentially losses).

The scope for innovation is immense: products that don't exist in the real world could also be created with ease.

Watch this space - it will surprise you.

Because different blockchain ecosystems have different opportunities for utility - ie use of the tokenized stocks - in other projects.

It's like moving your money between banks to get the best interest rates for your savings. Except, it's not dollars (or stablecoins) you're moving, it's your stocks.

Blockchains also tend to have very different communities - including the demographics of the users and their intent. So providing greater accessibility is a path to onboarding a bigger user base.

Before the xBridge was created to move Backed's xStocks between Ethereum and Solana, this was a risky and complex affair.

Secured by the decentralised nodes of Chainlink, assets can be moved with confidence.

Finally, there is a bigger picture here - it incentivises the broadening of the ecosystem of how users can deploy and earn yield on tokenized stocks beyond Solana, which has dominated liquidity.

We’ve never seen a bigcap stock chart so perfect for liquidity pooling (i.e. market-making) onchain. Let us tell you why:

BP's shares:

✅ Stay in a massive range --> which lowers potential for impermanent loss
✅ Are beautifully volatile, in part due to and unpredictable effects of oil price --> which means lots of potential to harvest trading fees within that wide range
✅ New CEO coming in so plenty of cause for trading activity in anticipation --> more trades = more fees

How we’d do it:

- Mint the xStocks from Kraken or pick it up on chain directly (when it's available - it's not today but watch socials)

- Plug it into a Raydium Protocol or PancakeSwap liquidity pool on Solana or BNB Chain

- Concentrate the range to +/-5% and expand to +/-10% around earnings, options expiry and into geopolitical events affecting oil (for example, BP's biggest move in the past couple of years is around 10% last occurring during 2024 earnings season)

We’re confident in taking home phenomenal yields in the early days beyond BP's (current) ~4% dividend yield as liquidity builds up.

What are the risks?

- the new energy strategy breaks it away from the cyclicality of oil and the stock breaks out of range (I'll be more vigilant as the stock reaches the extremities of its historical range)

- the new incoming CEO kills it (or is badly perceived) and again, it breaks out of range (I have alerts set up to warn me of news driving major volatility, prescreened for relevance)

- I can't move fast enough to shift the focus of my market making range when the share price moves significantly and I may some impermanent losses that compound (I'm automating my processes and set up to adjust the position hour by hour or even tick by tick if needed)

- Something terrible happens to the DeFi protocols I'm depending on to (always a risk to I diversify my exposure and keep a watchful eye on the relevant news)

- Volatility subsides and/or trading activity dries up on chain (I'm betting long term so I can bear with it)

No idea what we’re talking about but salivating over the idea of megacaps with incredible yields attached?

That's OK. We're building https://demether.io for you. Live now. 

Check out the webapp directly here: https://alpha.demether.io  

You're welcome.

First, our prior thesis of blockchains and associated consumer facing layers moving to focus on RWAs as the key growth vector is being validated in real time.

Let's recap why:

- Speculative options like memes and NFTs are dead. Whodunnit? Prediction markets like Polymarket and Kalshi. Why? Because binary outcomes on topics users actually understand, can align with and have an edge on are the no-brainer option to bet on.

- Altcoins are dead. This is a thesis unto itself but examine the fact that over 2 cycles we haven't really been able to top $2 trillion in combined market cap for alts. Is that all the retail/speculative money there is to bid on them? My gut says yes. Few if any retain value through the cycle. Whodunnit? RWAs.

From a retail perspective: why bother to play PvP games with magic internet money when you can play degen games with real world assets that you know, trust, understand and actually want to own long term?

The problem for alts and the solution are RWAs. If you can become a conduit for new issuances you can plug the gap in growth that alts have left. 

Secondly, we didn't expect this to happen at the wallet layer, primarily due to referencing EVM as the template for activity. Solana is a different beast on consumer onboarding and interaction. And secondly, I cared too much about social login wallets that abstract the chain. Perhaps that's the next cycle's overarching narrative.

Wallets entering the mix rather than vertical stacks (think: Robinhood App, tokenization, wallet and blockchain // or Kraken App, xStocks, wallet and INK blockchain) was beyond my vision and it creates a new opportunity.

OK so stick with me as there's an important corollary

What if wallets side-step web 2 style social experiences (a la Base app) and skip to pump.fun style video?

Then you control speculative money, legitimate, fundamentally-backed serious investments AND the distribution channel.

It's a paradigm shift in the making of how people invest.

And Demether is going to be pretty close to the action!