Iggy Ioppe(@iggyioppe):Gold has charged its owners rent for six thousand years via vaulting, insurance and custody. Institutions have leased bullion into the market for decades and kept the income, because no rail existed to pass it to the holder. That has changed: tokenization is that rail & lease income routes to whoever holds the token. I went deep on this with @JackNiewold on Decypher, along with the rest of the case: applications over infrastructure, and who gets access to the products private banks reserve for their largest clients. Watch the full episode below.

2026.08.11 17:16

Gold has charged its owners rent for six thousand years via vaulting, insurance and custody. Institutions have leased bullion into the market for decades and kept the income, because no rail existed to pass it to the holder. That has changed: tokenization is that rail & lease income routes to whoever holds the token. I went deep on this with @JackNiewold on Decypher, along with the rest of the case: applications over infrastructure, and who gets access to the products private banks reserve for their largest clients. Watch the full episode below.

Jack Niewold 🫡@JackNiewold

2026.08.11 16:54

Most people who talk about “democratizing finance” mean making it easier to open a brokerage account. @iggyioppe from @Theo_Network means something much bigger: A farmer in Thailand accessing the same products once reserved for the ultra-rich: • S&P 500 exposure with downside protection • Tokenized gold with native yield • Money market funds earning the risk-free rate That’s what democratizing finance actually looks like.