Custody
What an air-gapped vault actually costs
Insurance premiums, ceremony overhead, and the quiet operational tax of doing cold storage honestly.
March 2026
From the desk
Notes from people who still carry a number.
No thought leadership. Just what we learned this month running custody, execution, and a classroom.
Latest
Recent writing.
Execution
Reading a TCA report without lying to yourself
Slippage, venue quality, and the three lines in every report that people skip because they hurt.
February 2026
Sales
The eleven-minute discovery call
A question ladder that moves a buyer from symptom to cost to consequence before you pitch anything.
February 2026
Market Structure
Perpetuals, funding, and the basis nobody hedges
Why funding rates quietly decide the outcome of most digital-asset carry books.
January 2026
Sales
Trade, never discount
Concession ladders that hold contract value through the last two weeks of a quarter.
January 2026
Banking
Fiat rails for digital-asset treasuries
SEPA Instant, SWIFT gpi, and the settlement gaps that still cost treasuries a working day.
December 2025