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Armani Ferrante on Backpack’s regulated, unified market structure at #TOKEN2049. “We have a single platform that everything is going to plug into. International, Japan, Europe, US. Single layer that bridges kind of DeFi and TradFi in a way that nobody’s done before.” “We want to be this regulated backbone,...

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Backpack 🎒

326,918 subscribers

26,874 Aufrufe • vor 13 Stunden •via X (Twitter)

FinanzenWissenschaft & Technologie#TOKEN2049
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23 Kommentare

Profilbild von Superteam Poland
Superteam Polandvor 13 Stunden

WAO

Profilbild von Stock Pack
Stock Packvor 13 Stunden

WAO

Profilbild von Ale 🎒
Ale 🎒vor 12 Stunden

Backpack on top

Profilbild von Meteora Ecosystem
Meteora Ecosystemvor 13 Stunden

WAO

Profilbild von MIR .CHEN
MIR .CHENvor 13 Stunden

Unifying liquidity across regions like Japan and the US under one roof is honestly the hardest part with local regulators, curious how they handle the order books between jurisdictions.

Profilbild von MARCO 🎒
MARCO 🎒vor 13 Stunden

WAO

Profilbild von vøv △
vøv △vor 13 Stunden

@armaniferrante Nobody said that before, $SOL

Profilbild von Chris🎒
Chris🎒vor 13 Stunden

WAO

Profilbild von uptam
uptamvor 12 Stunden

$Brick by brick 🧱

Profilbild von DavHan🎒
DavHan🎒vor 13 Stunden

WAO

Profilbild von Rushikesh.Eth
Rushikesh.Ethvor 13 Stunden

WAO

Profilbild von Chewie 🎒🛡️⛏️
Chewie 🎒🛡️⛏️vor 13 Stunden

Backpack the NeoBrokerage

Profilbild von Leon
Leonvor 13 Stunden

that vision of a regulated backbone is the real endgame for sol

Profilbild von kekw🎒
kekw🎒vor 12 Stunden

WAO

Profilbild von Rain
Rainvor 12 Stunden

one regulated layer connecting defi and tradfi could change solana’s reach

Profilbild von Okan (/ˈo.kan/)🎒
Okan (/ˈo.kan/)🎒vor 13 Stunden

WAO

Profilbild von BANDAL 🐻🎒
BANDAL 🐻🎒vor 13 Stunden

WAO

Profilbild von yurii
yuriivor 12 Stunden

your vision is perfectly suited for moving all finances onchain

Profilbild von Balu.eth 🎒 🕉️
Balu.eth 🎒 🕉️vor 13 Stunden

WAO

Profilbild von Long Soj ☀️
Long Soj ☀️vor 12 Stunden

Armani lookes like Panda 😁, he's work hard

Profilbild von Edgedge 🎒
Edgedge 🎒vor 13 Stunden

Let's go to @Backpack Super Intelligence Supercycle 🎒

Profilbild von CoinLaunch Space
CoinLaunch Spacevor 12 Stunden

A single layer connecting TradFi and DeFi across Solana… this could be huge

Profilbild von furan
furanvor 12 Stunden

This is the bridge Solana has been waiting for

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Why is it that in the past 25 years in Europe we can only point to a handful of companies that have been discovered? Does Europe not realise that they are falling behind so badly? We used to be the leaders of the world and innovation now we have taxed and regulated ourselves into irrelevance… we have been regulated into a joke.

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Armani Ferrante, CEO of Backpack, on what comes next for tokenized stocks. "Not 10 stocks, not 100 stocks. We want to bring the entire stock market to Solana. One API where a real share, by any definition of the term, moves back and forth between your brokerage account and DeFi. Going from 200 symbols to 10,000 is the next leap." Armani Ferrante Backpack 🎒

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Nigel Farage, "As a part of Starmer's EU reset that effectively he wants us to join the EU Single Market" "And put us back into regulatory alignment" "For Starmer to go back to Single Market rules, to accept everything that's news, is easier because Brexit was not delivered in a way that those who voted for it wanted" We might as well just rejoin the EU instead of faffing about with EU Single Market alignment
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Nigel Farage, "As a part of Starmer's EU reset that effectively he wants us to join the EU Single Market" "And put us back into regulatory alignment" "For Starmer to go back to Single Market rules, to accept everything that's news, is easier because Brexit was not delivered in a way that those who voted for it wanted" We might as well just rejoin the EU instead of faffing about with EU Single Market alignment

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We #patriots love our country for its own sake. We are not against anyone, but we don’t want a Europe that takes away, diminishes, erases everything that is important to us as patriots. #PatriotsforEurope
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"We don't want to have our Chernobyl moment for AI." Wendy Hall, director of the Web Science Institute at the University of Southampton, tells @JonathanSamuels that AI must be regulated "before we have a major catastrophe". Live: 📺 Sky 501 & YouTube
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"We don't want to have our Chernobyl moment for AI." Wendy Hall, director of the Web Science Institute at the University of Southampton, tells @JonathanSamuels that AI must be regulated "before we have a major catastrophe". Live: 📺 Sky 501 & YouTube

Sky News

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European woman speaks on the Islamification of Europe She says Muslims now have the dominant culture, their ‘Halal Market’ is bigger than the Christmas Market and they are demanding Sharia Law be implemented “The Halal market now is bigger than actually the Christmas market. So we see that the people that have come into our continent have not assimilated over time. They have become actually the dominant culture, and now we have to adjust to them. So they want to make the EU compatible with Shariah law. And it's a problem because our government should be the ones protecting us, but instead they're selling us out. Unless we go on the streets and we march and we take back our sovereignty in a peaceful way. I really want to say that in a very peaceful way. It's a cliche and I don't want to repeat myself or any other people, but look, Shariah law is not compatible with Western values. We stand for freedoms, we stand for democracy. It's simply not compatible with the West.”
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Stephen Flynn, "When we're at war on our continent, and we are at war with Russia" "Our most trusted ally is choosing to proactively try and divide Europe" "That does the US a disservice, and it does all of us a disservice" "The challenge we face is that we respond to that accordingly. And that we unite across Europe against our common enemies" "And there was a pretty big announcement in Europe of a £150 billion defence fund, that we could have accessed" "But we chose not to because we're not in the European Union any more" "We need to be sure we don't get pulled in both directions. One way towards the Atlantic, one way across to Europe, and end up missing the security that people deserve"
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Stephen Flynn, "When we're at war on our continent, and we are at war with Russia" "Our most trusted ally is choosing to proactively try and divide Europe" "That does the US a disservice, and it does all of us a disservice" "The challenge we face is that we respond to that accordingly. And that we unite across Europe against our common enemies" "And there was a pretty big announcement in Europe of a £150 billion defence fund, that we could have accessed" "But we chose not to because we're not in the European Union any more" "We need to be sure we don't get pulled in both directions. One way towards the Atlantic, one way across to Europe, and end up missing the security that people deserve"

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Tomorrow, we publish a new The Edge Podcast with Robinhood GM of Crypto, Johann Kerbrat. This clip might be the clearest articulation I’ve ever heard on why Ethereum's roadmap is working, and why Robinhood chose to build its own L2 using Arbitrum. + Ethereum offers security, with proven decentralization + New L1s = centralized databases + EVM liquidity is essential for tokenized stocks & RWAs + Arbitrum’s tech stack wins on engineering merit No edits. No spin. Just a major U.S. fintech explaining why they’re building the future of finance on Ethereum. Real validation for those of us who are long term Ethereum/ETH investors. Here is the clip and transcript for Johann answering why Robinhood chose to build its own Ethereum L2: "You see a lot of companies right now building their own L1. And for us, we felt excited about this idea where we can control anything that we want to build and we don't have to deal with any other chain to talk to or anything like that. But at the same time, creating the security of a real proper decentralized chain is extremely difficult, as you know. And we basically get that for free with Ethereum. The network has been going on for a very long time now and the security is stable and it's decentralized. And I think that's really the key two points that we wanted to have. When you look at some of these new L1s that are being created, it's not really decentralized and it's not really secure. So at the end of the day, you're basically having like a... fancy database that is probably a bit slower to use than an actual database. And so we didn't really see the value in that. With Ethereum, we get the security by default. The second thing that we get by having an L2 is that you get all this liquidity that is already part of all the EVM compatible chains. And that was also a very important decision factor for us. If we really want to bring the stock market onto the chain, we need to have this liquidity. It's not going to be possible if it's in a closed loop or in a closed chain that nobody can access and you need to have like 20 different hoops before you can bridge to that chain. So for us, that was kind of the two elements that we really wanted to focus on and that's why we decided on building on Ethereum. And then we decided on Arbitrum mostly because we love the technology. There's a few things that we are excited about. For example, Stylus. It's a way that we can basically use different language into the chain and we can build on top of that. We also like the way that they prioritize transactions that is, we think, a better way than some of the competition. And so basically we'll use the Arbitrum stack and we'll create our own L2, which will make us also compatible with all the Arbitrum chains. And so we think it's kind of the best of all the worlds. But for us, the idea is like we will start with public stock, and then we think that we can tokenize anything really, not just stocks. It can be private stock, it can be art, it can be real estate, whatever you want to think of. And so we really wanted to have a platform that is kind of easy to build on and we can keep adding on it. At the same time, we know that regulation are going to be hard on some of these products, especially when it comes to financial products. You always have different regulators. You have different rules depending on the region. If you're in the EU versus the US versus LATAM. And so we felt like we wanted to have our own layer that we could customize for these needs. And then anyone that is building on the chain will also be able to benefit from what we are building, versus just putting everything in a contract that will be just good for the people that are using the Robinhood contracts. But so at this point, we announced the chain in June. We are in private test right now, and then we'll do more announcements in the future." Subscribe for the full episode tomorrow! ► Newsletter: ► Spotify: ► Apple: ► Youtube: ► Pods:

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62,600 Aufrufe • vor 10 Monaten

.Rep. Justin Jones: "“We still have Democrats were acting like this is early 2000 politics. That world of normalcy is gone. This is a war for the future of our democracy. And the South is the front line in that battle… I would say to the governors and to the lawmakers in those [blue] states that this is a moment to put our morals above our manners. What is moral is to act, not just for us, but for generations who are counting on us, what we do in this moment. I think we're going to be judged not by what we do, but by what we don't do.”
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.Rep. Justin Jones: "“We still have Democrats were acting like this is early 2000 politics. That world of normalcy is gone. This is a war for the future of our democracy. And the South is the front line in that battle… I would say to the governors and to the lawmakers in those [blue] states that this is a moment to put our morals above our manners. What is moral is to act, not just for us, but for generations who are counting on us, what we do in this moment. I think we're going to be judged not by what we do, but by what we don't do.”

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1:43

🚨 HOLY CRAP. Sec. Marco Rubio just RIPPED spoiled NATO allies, saying the US will have to reexamine our membership once the war is over NATO screwed up! "We are going to have to reexamine whether or not this alliance that has served this country well for a while is still serving that purpose — or is it now become a ONE WAY STREET, where America is simply in a position to defend EUROPE, but when we need the help of our allies, they're going to deny us basing rights and they're going to deny us overflight?!" "If now we have reached a point where the NATO alliance means that we can't use those bases, that, in fact, that we can no longer use those bases to defend America's interests, then NATO is a one-way street!" "Then NATO is simply about us having troops in Europe to defend Europe, but when we need their help—not their help, we're not asking them to conduct airstrikes. When we need them to allow us to use their military bases, their answer is no, then why are we in NATO? You have to ask that question!" "Why do we have billions and billions of dollars, hundreds of billions of dollars over the years, trillions of dollars, and all these American forces stationed in the region?" "If we can only use—we can—in our time of need, we're not going to be allowed to use those bases. So I think there's no doubt, unfortunately, after this conflict is concluded, we are going to have to reexamine that relationship." "We're going to have to reexamine the value of NATO and that alliance for our country." "Ultimately, that's a decision for the president to make, and he'll have to make it."

Eric Daugherty

140,459 Aufrufe • vor 6 Monaten

We have 6 different models of CNC machines already designed and validated for production but we would need crores to scale up production and offer it to other manufacturers. Hence, we only build machines for our own production facility. Capital is a bottleneck for us. Currently we just have a tiny space within our own factory which is our R&D lab. We are a team of mere three people. Scaling hardware isn’t easy but it’s something that must be done for us to truly be self-reliant. Really appreciate your efforts Sridhar Vembu to build these hardware tools here. We must build more factories and hardware products in the country. Long way to go before I sleep.
0:28

We have 6 different models of CNC machines already designed and validated for production but we would need crores to scale up production and offer it to other manufacturers. Hence, we only build machines for our own production facility. Capital is a bottleneck for us. Currently we just have a tiny space within our own factory which is our R&D lab. We are a team of mere three people. Scaling hardware isn’t easy but it’s something that must be done for us to truly be self-reliant. Really appreciate your efforts Sridhar Vembu to build these hardware tools here. We must build more factories and hardware products in the country. Long way to go before I sleep.

Vishakh Ranotra

12,538 Aufrufe • vor 4 Monaten

Arteta: “We know what is at stake and the fact that, as a club, we haven't done it for so long is a reason for that. It talks about the difficulty but I just want to focus on the things that we can control, dominate, and we have done. “It's not that we have to do a lot of new things that we haven't done. No, no, no, let's keep doing a lot of it or almost all the things that we've done for nine months, because that's what has taken us all the way there. “On Wednesday, I saw a lot of them. And today we've gone back so we need to learn, we need to be very critical of ourselves, and then pick ourselves up because on Wednesday we have a big one coming up.”
0:36

Arteta: “We know what is at stake and the fact that, as a club, we haven't done it for so long is a reason for that. It talks about the difficulty but I just want to focus on the things that we can control, dominate, and we have done. “It's not that we have to do a lot of new things that we haven't done. No, no, no, let's keep doing a lot of it or almost all the things that we've done for nine months, because that's what has taken us all the way there. “On Wednesday, I saw a lot of them. And today we've gone back so we need to learn, we need to be very critical of ourselves, and then pick ourselves up because on Wednesday we have a big one coming up.”

Connor Humm

21,403 Aufrufe • vor 5 Monaten

"Our resources that we have here are an enormous advantage. As long as we allocate those resources intelligently, they're going to continue to be an enormous advantage. I think Steve gives us everything we need to have not only a great roster, but a competitive organization in every single respect. I think our players and coaches recognize that. I have no doubt that we're going to continue to have the resources we need to compete at a very high level." - David Stearns
0:44

"Our resources that we have here are an enormous advantage. As long as we allocate those resources intelligently, they're going to continue to be an enormous advantage. I think Steve gives us everything we need to have not only a great roster, but a competitive organization in every single respect. I think our players and coaches recognize that. I have no doubt that we're going to continue to have the resources we need to compete at a very high level." - David Stearns

SNY

80,894 Aufrufe • vor 10 Monaten

American Citizens Are Calling For Accountably Of Their Money Being Spent On Illegal Immigration Programs Illegal Immigrants Given Up To $9,000 Per Month For Housing Assistance 🚨 “Let's talk about the money that is being spent. I think that there needs to be a federal audit against the company that we have contracted out to take care of the migrants. We have nurses that are being paid $64,000 a month. We have security officers that are being paid as much as $24,000 a month. We have home health care workers that are being paid up to $17,000 a month. You don't think that Chicagoans could have benefited from that? We have citizens in this city that have been on the waiting list for affordable housing for years, and migrants have been bumped in front of them. We have people who have been given up to $9,000 a month for housing assistance. That amount of the city of Chicago. We are not am pro black. I am for my marginalized who have been expect us to give up our parks places in our community for others. We're not saying that there's not room here, but what we are saying is that we are not going to step aside for you to accommodate them when you have continued to leave us out of the equation. So I'm not just talking to Brandon Johnson right now. I'm talking to Governor Pritzker and I'm talking to President Biden and I want you to understand This upcoming political year where the Democratic Party is on the menu, hear me, people of Chicago, of Illinois and of the United States. It is time for us as black people to stop voting party. It is time for us to stop voting color. It is time for us to start voting our self-interest. And if the Democrats in the city of Chicago, the state of Illinois, and the country of USA refuses to listen to us, then it is time for us to start looking at other alternatives. We are looking at all the alternatives. We will not step aside and continue to be mistreated. We will not continue to be disrespected. I'm looking at people who are coming here from another country giving work visas, giving social security cards. Nobody is asking them what walk of life that they come from. You don't think that our brothers who have been in prison, out and who have changed their lives will benefit for the same opportunities that we're giving these migrants. And I'm not saying that they don't deserve those opportunities. But what I am saying is we deserve them first. What I am saying is you can't continue to put us on the back burner and think that we're going to continue to be okay with it. We've done that for long enough. And what we're saying here today is that is no longer acceptable to our governor that you're not going to continue to set money aside for people who don't live here and disrespect, mistreat and forget about us. You've forgotten about us. You have treated us as if we don't matter and we're saying to you you're not going to continue to do this. We're saying to you to see us. You're dumping people into our communities who are going to at some point move us out of the say to you, if you want to glimpse into what's going to happen, look at how people of color are being treated in Venezuela right now. We seem to forget that Venezuela was one of the first places that had African slaves that they were taken to. We're forgetting about that. And so we're forgetting that there are blacks in Venezuela who are being treated the same way we are. And so for us to expect that they're going to come here and be put into society and treat us differently is a pipe drain.”
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American Citizens Are Calling For Accountably Of Their Money Being Spent On Illegal Immigration Programs Illegal Immigrants Given Up To $9,000 Per Month For Housing Assistance 🚨 “Let's talk about the money that is being spent. I think that there needs to be a federal audit against the company that we have contracted out to take care of the migrants. We have nurses that are being paid $64,000 a month. We have security officers that are being paid as much as $24,000 a month. We have home health care workers that are being paid up to $17,000 a month. You don't think that Chicagoans could have benefited from that? We have citizens in this city that have been on the waiting list for affordable housing for years, and migrants have been bumped in front of them. We have people who have been given up to $9,000 a month for housing assistance. That amount of the city of Chicago. We are not am pro black. I am for my marginalized who have been expect us to give up our parks places in our community for others. We're not saying that there's not room here, but what we are saying is that we are not going to step aside for you to accommodate them when you have continued to leave us out of the equation. So I'm not just talking to Brandon Johnson right now. I'm talking to Governor Pritzker and I'm talking to President Biden and I want you to understand This upcoming political year where the Democratic Party is on the menu, hear me, people of Chicago, of Illinois and of the United States. It is time for us as black people to stop voting party. It is time for us to stop voting color. It is time for us to start voting our self-interest. And if the Democrats in the city of Chicago, the state of Illinois, and the country of USA refuses to listen to us, then it is time for us to start looking at other alternatives. We are looking at all the alternatives. We will not step aside and continue to be mistreated. We will not continue to be disrespected. I'm looking at people who are coming here from another country giving work visas, giving social security cards. Nobody is asking them what walk of life that they come from. You don't think that our brothers who have been in prison, out and who have changed their lives will benefit for the same opportunities that we're giving these migrants. And I'm not saying that they don't deserve those opportunities. But what I am saying is we deserve them first. What I am saying is you can't continue to put us on the back burner and think that we're going to continue to be okay with it. We've done that for long enough. And what we're saying here today is that is no longer acceptable to our governor that you're not going to continue to set money aside for people who don't live here and disrespect, mistreat and forget about us. You've forgotten about us. You have treated us as if we don't matter and we're saying to you you're not going to continue to do this. We're saying to you to see us. You're dumping people into our communities who are going to at some point move us out of the say to you, if you want to glimpse into what's going to happen, look at how people of color are being treated in Venezuela right now. We seem to forget that Venezuela was one of the first places that had African slaves that they were taken to. We're forgetting about that. And so we're forgetting that there are blacks in Venezuela who are being treated the same way we are. And so for us to expect that they're going to come here and be put into society and treat us differently is a pipe drain.”

Wall Street Apes

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