Some personal takeaways from @consensus2026 in Miami last week: - I have attended and spoken at every single Consensus event for the past decade (except one in Toronto) and this was by far the one with the most TradFi presence. Lots of TradFi attending for the first time to learn about crypto and TradFi firms trying to showcase their crypto initiatives. Even JP Morgan had a booth. And this is in a long bear market. - Main topics of discussions that stood out were stablecoins, RWAs and agentic crypto payments and all the related topics from adoption to compliance. - the U.S. is clearly open for crypto. In addition to the regulatory and policy catalysts, the crypto firms (mainly U.S. based) and banks (from GSIBs to regionals) are spending tremendously with services providers from law firms and Big 4 to tech and infrastructure providers thus catalyzing a bigger buzz. - challenges remain including hack and exploits risks (ie North Korea), compliance challenges (eg no likely enforcement for the next two years in the U.S.) and crypto becoming politicized (eg Trump family activities). And we are in the middle of a bad bear market which has a massive negative impact on everything. Congrats to @mikelaujr and the entire Consensus team for another successful event.