Futurum Analyst in Residence Jared Klee analyzes the anticipated Congressional legislation allowing non-banks to issue stablecoins. He also explores what is required in order for stablecoins to be safe and sound, why non-bank issuers can make financial services available to unserved Americans, and how Circle’s USDC is winning over consumers as a sound non-bank issuer.
Futurum Analyst in Residence Jared Klee analyzes Circle’s custody partnership with New York Community Bank and the crypto company’s successful follow through on the ambitious goals of Circle Impact to extend services to people and communities all too often left behind by traditional financial services.
Futurum Analyst in Residence Jared Klee analyzes Three Arrows Capital’s insolvency, compares the unwinding to the still ongoing liquidation of Lehman Brothers, and explores the collateral damage that we are still discovering with Voyager, BlockFi, Celsius, and more.
Futurum Analyst in Residence Jared Klee analyzes crypto startup Polysign’s $53 million Series C to expand their custody and fund administration business and explores why the combined business lines are good for fund managers and the industry as a whole and considers what’s next for the company as it continues to grow.
Futurum Analyst in Residence Jared Klee analyzes Jewel’s newly approved Bermudian bank license for crypto and digs into Jewel’s competitive positioning on a global scale, why Bermuda is an attractive jurisdiction for crypto bank builders and customers alike, and why Jewel’s initial stablecoin and settlement products will be so impactful.
Futurum Analyst in Residence Jared Klee analyzes the indictment of OpeaSea’s former head of product in a crypto industry first insider trading scheme using NFTs and compares the changes OpenSea purported to make in the wake of the alleged incident to the actual hiring the company has done to turn words into action.
Futurum Analyst in Residence Jared Klee analyzes the UK commitment to the stablecoins as a form of payment and the consultation paper for when they fail and explores how the UK Treasury is building an already robust regulatory framework to establish the clarity so desperately needed in cryptocurrencies and how that positions the UK to be a leader in the industry.
Futurum Analyst in Residence Jared Klee analyzes the proposed bipartisan Lummis-Gillibrand bill for cryptocurrencies and considers the comprehensiveness of the bill and the thoughtful approach of its provisions and concludes that although unlikely to pass in its current form, it nonetheless establishes a strong foundation for the ultimate legislation.
Futurum Analyst in Residence Jared Klee analyzes crypto bank Custodia’s lawsuit against the Federal Reserve’s inaction on the bank’s master account application and dives into Custodia’s likely business model and how that compares with the already-rejected The Narrow Bank and what the chances are that Custodia will succeed.
Futurum Analyst in Residence Jared Klee analyzes the insolvency of HSBC, IBM, and SocGen backed blockchain consortium we.trade and digs into why the consortium failed, compares it to the success of competitor Marco Polo Network, and considers what the founding companies might take away from the insolvency to turn a failure into a success.