What we publish, in one place

Why We Built Protocol Wealth for the Onchain Economy

Subtitle: People already earn, hold, invest, borrow, and build wealth onchain. Their financial advice should be able to connect that activity to the rest of their lives.

Five Ways to Manage a Large Token Position

How should a U.S. person living abroad plan for token compensation?

Short answer: A U.S. person abroad should coordinate the U.S. consequences with the rules of the country of residence before relying on a vesting, sale, custody, or transfer plan. Provider availability, reporting, currency needs, estate rules, and the timing of local and U.S. obligations may not align.

Can a protocol employee keep a large token position and still manage risk?

Short answer: Yes, retaining meaningful token exposure and managing financial risk are not mutually exclusive. The planning process can separate protected liquidity and near-term goals from the portion intentionally retained, while documenting the conditions that would cause the strategy to change.

What should a crypto employee do before a large token unlock?

Short answer: Start with the employee's award documents and personal timeline, not the protocol's public unlock calendar. Then place potential taxes, realistic liquidity, custody, retained token exposure, and personal cash needs on the same calendar before making an execution decision.

How can an entrepreneur protect concentrated wealth without giving up all of its upside?

How can an entrepreneur protect concentrated wealth without giving up all of its upside?

Concentrated Wealth Is Not the Problem. Unplanned Concentrated Wealth Is.

The same asset that made you wealthy can eventually become the greatest risk to keeping that wealth.

How to Think About Ethena Before October 5

October 5 is an ENA liquidity event—not a referendum on whether Ethena works.

A Practical Timeline for Token Compensation

The Liquidity Event Is Not the Finish Line

A company sale, public offering, or token launch can change someone’s financial life quickly.

When Token Compensation Becomes Wealth

Concentrated Wealth Positions: When to Diversify and How to Plan

Why Similar Wealth Requires Totally Different Financial Plans (Tokens, Equity, Family, Taxes)

Crypto Custody After the Hard Wallet Exploit: Choosing the Right Setup for Your Wealth

Tokenization Is Changing Investing: Hyperliquid, On-Chain Treasuries, and AI-Powered Portfolios

Liquidity Events: The Finish Line Is Just the Beginning

Think the Crypto Bottom Is In? Now’s the Time to Plan Your Next Move

Planning After an IPO: Turning RSUs & Stock Options Into a Home Down Payment

Why Crypto Was Built for Sideways Markets (Beyond “Buy the Dip”)

How can an entrepreneur protect concentrated wealth without giving up all its upside?

An anonymized case study about coordinating concentrated investments, liquidity, risk management, and family protection.

Founders & Business Owners · Concentrated Wealth

How to make a liquidity event fit your life

Liquidity Event

The Liquidity Event Is Not the Finish Line What to Do When Your Equity Becomes Real

Liquidity Event

How New SEC and CFTC Rules Affect Crypto Investors

Concentrated Wealth · Markets & Policy

Revolutionizing Portfolio Management: The Power of Tokenization and AI

Concentrated Wealth · How We Think

Protecting Your Financial Accounts Online: What Actually Matters

The risk isn't that someone breaches your custodian. It's your devices, your credentials, and your attention. Here's what to do about it.

Security

We Open-Sourced Our AI Privacy Layer. Here's Why Every Financial Advisor Should Care.

Financial advisors are adopting AI meeting note tools at an accelerating rate. Transcription, summarization, action items, follow-up email drafts — the productivity gains are real. Here's the Problem..

Security · How We Think

The SEC/CFTC Taxonomy Is Here. Here's What It Actually Means for Protocols, Founders, and Serious Crypto Investors.

The landmark joint interpretation issued by the SEC and CFTC on March 17, 2026, formally classifies crypto assets, ending a decade of regulatory ambiguity.

Concentrated Wealth · Markets & Policy

The Narrator and the Storyteller: How Information Actually Moves Now

There's a distinction nobody is making clearly enough in the AI conversation: the difference between narration and storytelling. A narrator retells. A storyteller creates. Both are essential. They are not the same thing.

Markets & Policy · How We Think

Three Forces, One Framework: Navigating War, AI, and the Rotation You Can't See

AI Question: Real Technology, Fragile Financial Architecture

Markets & Policy · How We Think

What Is Protocol Wealth?

A protocol is simply a shared set of rules that lets two parties exchange information reliably — without either side needing to understand how the other works on the inside.

How We Think