📊 Tokenized private equity and venture capital is the fastest growing asset class this year, up 217% YTD to $2.23B. Below are the top platforms across the tokenized private equity / venture capital sector: 1) @Securitize: $1.1B 2) Ctrl Alt: $648.3M 3) @joinrepublic: $128.9M 4) @ColbFinance: $97.2M 5) @KAIO_xyz: $64.7M 6) @ArchaxEx: $55.4M 7) Beself Brands: $47.4M 8) NYALA: $24.2M 9) @AssetoFinance: $7.5M 10) @EVIDENT_Capital: $6.3M

HERE ARE THE TOP 15 PERFORMERS OF 2026 1. $SNDK +588% 2. $MRNA +388% 3. $AEHR +369% 4. $DELL +350% 5. $TWST +301% 6. $AXTI +296% 7. $MU +242% 8. $BE +217% 9. $AAOI +202% 10. $INTC +179% 11. $MRVL +178% 12. $NBIS +168% 13. $PENG +162% 14. $WDC +160% 15. $LITE +152%

what the numbers are telling us for the @NetNetCap since inception... and they are looking good. 1. the dilution figure nobody quotes everyone posts the apy. nobody posts this. > estimated staked dilution, 7d: -8.36% > estimated unstaked dilution, 7d: -17.54% staking is not paying holders. it is diluting them roughly half as fast as not staking. that is the same distinction that broke ohm stakers who read rebases as yield rather than as a defensive move against the printer. 2. the offset, which is real assets are outrunning supply on every window measured. > 7d: assets +217%, supply +21%, mcap +341% > 30d: assets +2994%, supply +108%, mcap +9196% all two marked accretive. so backing per token rises while each holder's share of it falls. both are happening at once. 3. where the reserve actually came from $3.5m cumulative inflows since early july. latest single day $517k. > primary bonds $2.2m > trading tax $867k > premium sales $173k > rwa desk $139k > other $65k > genesis bonds $35k bonds are 63% of every dollar that ever entered. the 5% trading tax that gets all the attention is 25%. genesis put in $35k, so the seed is up 100x in six weeks. the tax path itself: > trade on the mapped pair >> 5% clipped in $NET >> taxcollector >> sells $NET for solana:2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH >> treasury >> morpho at up to 70% + 2% haircut 30d tax revenue $816k, 9.19k NET collected cumulative. 4. the arcade is not the revenue revenue estimate $91k total. game fees are $42.4k of it, ~4.6%. > the button $35.27k (nfts pumped) > coinflip $3.78k > superstore pack desk $2.05k > spacex invaders $927.57 > msft flight simulator $326.62 > crash cards $395.64 > blackjack est. $24.00 the button is 83% of all game revenue on its own. 38.3k daily active wallets across the whole ecosystem producing less than one day of trading tax. 5. what backs it is the most important part $6.14m total assets against 56k $NET supply, 89.46% staked. > treasury $4.01m: morpho $2.4m (59.9%), liquid usdg $1.6m (~40%), pol rfv $22.3k (0.56%) > sleeve $2.13m: $NVDA $1.01m (~48%), $SPCX $773.08k (36%), $AAPL $333k (15.60%), $MSFT $7.86k, $GOOGL $2.67k, $COIN $1.8k @NetNetCap is the largest holder of nvda and spcx price $1.4k against treasury nav of $69.77 is 20x. counting the sleeve at $106.88 it is 13x. fdv $82m. issuance to date: rebase 19k $NET, genesis bonds 21.7k, other 7.5k, primary bonds 6.2k, premium sales 1.6k protocol is looking healthy stats care of @latentliq's dashboard (🥅,🥅)

🇺🇸 US Visa rejection rate in 2025: 🇲🇨 Monaco - 0% 🇦🇪 United Arab Emirates - 2.17% 🇯🇵 Japan - 5.68% 🇨🇭 Switzerland - 5.82% 🇸🇦 Saudi Arabia - 5.98% 🇦🇷 Argentina - 7.47% 🇲🇾 Malaysia - 7.92% 🇫🇷 France - 9.67% 🇮🇱 Israel - 11.32% 🇵🇱 Poland - 11.63% 🇿🇦 South Africa - 11.66% 🇩🇪 Germany - 12.22% 🇮🇹 Italy - 12.65% 🇨🇱 Chile - 16.38% 🇫🇮 Finland - 18.09% 🇨🇳 China - 20.21% 🇬🇧 United Kingdom - 20.44% 🇵🇪 Peru - 20.90% 🇲🇽 Mexico - 21.36% 🇸🇪 Sweden - 21.77% 🇮🇳 India - 22.04% 🇻🇳 Vietnam - 22.08% 🇹🇷 Turkey - 22.25% 🇪🇸 Spain - 23.67% 🇰🇷 South Korea - 24.73% 🇹🇭 Thailand - 25.67% 🇮🇩 Indonesia - 26.69% 🇲🇦 Morocco - 26.91% 🇵🇭 Philippines - 30.76% 🇰🇵 North Korea - 33.33% 🇺🇦 Ukraine - 33.92% 🇹🇿 Tanzania - 39.41% 🇷🇺 Russia - 40.38% 🇪🇬 Egypt - 47.61% 🇻🇪 Venezuela - 48.22% 🇩🇿 Algeria - 51.23% 🇰🇿 Kazakhstan - 51.75% 🇵🇰 Pakistan - 52.32% 🇺🇿 Uzbekistan - 52.46% 🇨🇦 Canada - 53.10% 🇳🇬 Nigeria - 57.00% 🇮🇷 Iran - 62.44% 🇦🇫 Afghanistan - 63.25% 🇲🇲 Myanmar - 64.19% 🇬🇭 Ghana - 64.34% 🇾🇪 Yemen - 67.98% 🇰🇪 Kenya - 68.23% 🇳🇵 Nepal - 69.47% 🇧🇩 Bangladesh - 61.45% 🇫🇲 Micronesia - 100% Note: business (visa category B-1), for tourism (visa category B-2), or for a combination of both purposes (B-1/B-2).

During Tesla Cybercab launch week in Austin, I took a total of 12 paid Cybercab rides and kept every receipt. TOTAL: • 12 rides • 29.7 miles traveled • $108.34 total spent • $3.65 average cost per mile • 2 hours and 19 minutes riding around Austin in a Cybercab • Compared to Uber and Waymo, every Cybercab ride was still ~30-50% cheaper EACH OF MY CYBERCAB RIDES: 1/ Sept 3 — 7:23 PM 3.9 miles · 16 min · $8.70 ≈ $2.23/mile 2/ Sept 3 — 7:53 PM 0.5 miles · 6 min · $4.65 ≈ $9.30/mile 3/ Sept 4 — 6:52 AM 2.5 miles · 12 min · $6.99 ≈ $2.80/mile 4/ Sept. 4 — 7:13 AM 2.4 miles · 11 min · $6.84 ≈ $2.85/mile 5/ Sept. 4 — 7:39 AM 1.8 miles · 11 min · $6.16 ≈ $3.42/mile 6/ Sept. 4 — 8:03 AM 1.4 miles · 8 min · $5.69 ≈ $4.06/mile 7/ Sept. 4 — 8:20 AM 3.3 miles · 15 min · $7.90 ≈ $2.39/mile 8/ Sept. 4 — 10:58 AM 4.0 miles · 19 min · $8.78 ≈ $2.20/mile 9/ Sept. 4 — 11:58 AM 2.6 miles · 8 min · $7.08 ≈ $2.72/mile 10/ Sept. 4 — 2:17 PM 2.8 miles · 11 min · $13.71 ≈ $4.90/mile 11/ Sept. 5 — 12:57 PM 2.4 miles · 10 min · $16.18 ≈ $6.74/mile 12/ Sept. 5 — 1:36 PM 2.1 miles · 12 min · $15.66 ≈ $7.46/mile One of the biggest things I learned from actually using Cybercab is that you cannot judge the economics from just one ride. Pricing is dynamic. Some of my longer rides came in cheaper around $2.20–$2.40 per mile. Some of the shorter or higher-demand rides were much more expensive. Sometimes, the Cybercab was even more expensive than the Model Y (Unsupervised) bc the demand was so high. Some of the rides also became more expensive as Cybercabs became bookable on September 4 to the general public. However, it’s hard for me to look at these receipts and not wonder how Uber and Lyft can compete if Tesla can scale Cybercab the way it wants to. Uber and Lyft were built around connecting riders with human drivers. That means every ride has to support a much bigger cost stack... like 1/ A human has to be paid. 2/ That person needs a car. 3/ That car has to be financed or purchased. 4/ It needs insurance. 5/ Maintenance. 6/ Fuel or charging. 7/ And then Uber or Lyft still needs its cut. Cybercab attacks the biggest cost in that entire system which is the driver... there is no driver waiting to be paid at the end of the ride. And Tesla is supplying the software. Tesla can build the car. Build the battery. Build the autonomy system. Operate the network. Control the app. Control the charging. And the team designed the Cybercab from Day 1 around being a Robotaxi instead of taking a normal consumer car and trying to make the economics work. This is a big deal. Bc if Tesla can manufacture these at huge scale, keep them on the road for most of the day, and keep bringing the cost per mile down, then Uber and Lyft are going to be competing with the company that built the vehicle, the driver, and the network ALL AT ONCE. And this was during launch week... with just ~45 Cybercabs, before this vehicle is anywhere close to mature scale. If Tesla can push that cost down further as the fleet grows to thousands and millions, while Uber and Lyft still have to pay a human being to sit behind the wheel… I really don't see how these companies can survive... I think the days of Uber and Lyft are limited.

Here’s how the Vanguard S&P 500 ETF $VOO has performed each full year since it first launched in 2010: 2011: +1.90%🟢 2012: +15.99%🟢 2013: +32.39%🟢 2014: +13.56%🟢 2015: +1.33%🟢 2016: +12.17%🟢 2017: +21.77%🟢 2018: –4.50%🔴 2019: +31.37%🟢 2020: +18.32%🟢 2021: +28.79%🟢 2022: –18.17%🔴 2023: +26.32%🟢 2024: +24.98%🟢 2025: +17.82%🟢 2026: +8.57%🟢 (so far)