Settlement rails, not slogans
The useful projects this quarter are the ones that clear, not the ones that trend.
By Aston Kennedy · 5 min read
Section
Crypto
5 stories on the desk.
Custody is the product
Institutions are buying the boring layer. Retail still wants the chart.
By Aston Kennedy · 4 min read
The coin that has to sit still
A token that does not move is a payments product. The argument now is who holds the cash behind it.
By Aston Kennedy · 5 min read
A listing is not a recommendation
An exchange can put a token on a screen. That is not the same as a desk telling a reader to buy it.
By Aston Kennedy · 4 min read
The name on the wallet
Custody firms want a label a bank can read. The ticker is the easy part. The owner is the question.
By Aston Kennedy · 4 min read
