We are massively underestimating how big the “Tokens are dollars” shift will be Financial services infrastructure is getting exciting again! This boom may be even bigger than ‘21– as token usage is growing FAST, and there will be more agents than humans to spend them 💲💻 An entire financial services ecosystem will need to be built: Save - wallets for companies or agents to hold balances from multiple providers Spend - agent payments with spend controls, on/off ramps to dollars Lend - “inference now, pay later”, token credit lines FX - exchanges to swap between tokens Brokerage - long/short on tokens, payment for token order flow (likely a valuable data set) Treasury - token hedging (as AI becomes a bigger and bigger line item) Risk - KYC for agents, token fraud prevention The race to capture these opportunities between new companies & incumbents is on! Who will become the JPMorgan for agents?