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Pantera Capital
@PanteraCapital
First U.S. institutional asset manager focused exclusively on blockchain technology. Subscribe to our monthly letter:
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The CLARITY Act cleared the Senate Banking Committee with strong bipartisan support today. The digital asset industry is closer to: - A legal definition for digital commodities - Federal oversight for blockchain intermediaries - Consumer protections that don't require choosing between safety and progress
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A landmark moment for tokenization. The CLARITY Act has cleared the Senate Banking Committee, moving the U.S. closer to a clear framework for digital assets. If signed into law, the CLARITY Act would: → Define digital assets in U.S. law → Clarify rules for tokenized assets → Unlock institutional participation → End years of regulatory uncertainty → Establish clear SEC and CFTC jurisdiction The bill now heads to the full Senate, with House reconciliation and Presidential signature to follow. The U.S. has led global finance for generations. If passed, this bill would help carry that leadership into the next evolution of markets, one defined by tokenization and digital assets.
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Aleph, our fully autonomous AI agent system for formal verification, aced all major theorem proving benchmarks including PutnamBench, VeriSoftBench, and Verina
With Proof of Human, instead of trying to block bots, software becomes human-only by default. Then you decide what access to give agents. @tomocchino (CPO, @vercel ) joins Stateful, hosted by @masonnystrom In this episode, they discuss how Vercel is building the infrastructure layer for human-verified agents with @worldnetwork. - Vercel is now agentic infrastructure: deploy with agents, build agents, and a self-improving platform that fixes its own errors - Workflows does for backends what React did for front ends, composable and reusable in one line of code - CAPTCHAs are archaic. Human-only software by default is the new model. - World ID integration via Workflow SDK: one NPM package, one line of code - Humans as first-class citizens of the internet again 00:00 Vercel's Agentic Infrastructure 01:45 From Front-End Cloud to v0 03:15 Workflow SDK with React 05:30 World ID in One Line of Code 07:00 Beyond CAPTCHAs: Humans First
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With Proof of Human, instead of trying to block bots, software becomes human-only by default. Then you decide what access to give agents. @tomocchino (CPO, @vercel ) joins Stateful, hosted by @masonnystrom In this episode, they discuss how Vercel is building the infrastructure layer for human-verified agents with @worldnetwork. - Vercel is now agentic infrastructure: deploy with agents, build agents, and a self-improving platform that fixes its own errors - Workflows does for backends what React did for front ends, composable and reusable in one line of code - CAPTCHAs are archaic. Human-only software by default is the new model. - World ID integration via Workflow SDK: one NPM package, one line of code - Humans as first-class citizens of the internet again 00:00 Vercel's Agentic Infrastructure 01:45 From Front-End Cloud to v0 03:15 Workflow SDK with React 05:30 World ID in One Line of Code 07:00 Beyond CAPTCHAs: Humans First
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Digital assets are shaking out of a bear market as price catches up to fundamentals, including impact of the convergence of AI and Blockchain. Thanks for having me on to share these views Melissa @CNBC
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Markets rotate. Hot sectors like memory chips and semiconductors recently outperformed Bitcoin. @cosmo_jiang explains that this rotation contributed to Bitcoin’s pullback late last year and early this year, driven by momentum investors chasing the hottest pockets. $Bitcoin is performing strongly again, and investors are remembering why digital assets remain one of the most compelling early-stage asset classes with tremendous growth potential, especially from current oversold levels. @CNBCClosingBell
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The end of the week means an opportunity to reflect. As @consensus2026 comes to a close, @PanteraCapital says the $320 billion tokenization market is still early. We have a lot to review, so let's dive into this week's top RWA headlines. 🧵 👇
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Beyond the Digital Copy: What's Next for Tokenization? Our research team developed a new index of 593 assets across a $320B market that reveals how far onchain finance still has to go. Access the full report here:
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BREAKING NEWS In partnership with @superstateinc, we’re excited to announce the Bitwise Crypto Carry Fund (USCC), our inaugural tokenized fund, and a major step forward in how we serve institutional investors onchain. The fund will transition from Superstate’s management to Bitwise on June 1, 2026, with Superstate continuing to power the onchain rails. The quick summary: What is USCC? USCC is a tokenized fund with more than $267M AUM (as of April 30, 2026) that seeks to earn yield via the crypto cash-and-carry trade, a strategy to generate yield from the gap between the spot and futures prices for $BTC, $ETH, $XRP, and $SOL. Why does this matter? Investors have become more interested in tokenized funds because they have the potential to leverage the unique characteristics of blockchains: 24/7 trading, utility in DeFi, transparency, and efficiency. I’m an investor. Does anything change for me? No—there won’t be any impact or disruption to existing investors during the transition period. After the transition, the fund’s name will change from the Superstate Crypto Carry Fund to the Bitwise Crypto Carry Fund, but it will keep the same USCC ticker, smart contracts, and token address. Superstate will continue to operate the onchain infrastructure via their FundOS platform, including tokenized issuance and digital transfer agency services. I want more information. What can I do? Send us a message here!
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The most powerful periods of technological progress happen when two transformative technologies reinforce each other. We saw it with steam and railroads. We saw it with the internet and smartphones. Now it’s happening with AI and blockchain. Blockchain is uniquely positioned to power the next wave of autonomous AI agents through faster, cheaper, and more global rails. This convergence is already underway and will unlock massive economic activity. @cosmo_jiang @SquawkCNBC
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the trillion-dollar tokenization migration is underway. but most of today's $321B of tokenized assets are "dumb" wrappers, not products that will carry the next decade of capital markets what comes next? introducing our State of Tokenization report:
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@PanteraCapital The tokenized asset market hit new highs in 2025. Every major bank now has a Head of Digital Assets. But how much of today’s momentum is real on-chain infrastructure — versus flashy headlines and distribution wrapped in new rails?
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Tokenization has moved past the first wave of digital copies, but the market is still far from fully native onchain finance. So we built a way to track where assets sit in between. Today we’re introducing @PanteraCapital’s State of Tokenization: A quarterly report and data portal tracking 593 assets across a $320B market A look inside the portal 👇
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Proud to launch Pantera's Tokenization Portal and Q1 Report with @0xallyzach @FranklinBi! The biggest surprise from our study of the $320B market: Most tokenized assets are still Wrappers — by design, not by accident.
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Every convo I've had this week at @MilkenInstitute and Medici has invariably touched on tokenization We're far past whether this is a question of "if" Ton of great work here from my colleagues @FranklinBi @sui414 @0xallyzach
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RT @0xallyzach: Excited to share this report I worked on with @FranklinBi and @sui414 Tokenization has scaled into a 320B market. Now th…
Beyond the Digital Copy: What's Next for Tokenization? Our research team developed a new index of 593 assets across a $320B market that reveals how far onchain finance still has to go. Access the full report here:
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