bhau

Today we’re launching @paxoslabs — the infrastructure layer for platforms to embed on-chain financial products.

A little background on why I’m so pumped to build in this space…👇🏽

Gold has always been how my family marked major life transitions.

My grandparents celebrated the moment of my birth with gold. When I got married this June, gold jewelry was how those closest to us honored that moment.

That's not unique to my family, it's true for millions of families around the world. Gold has always carried a resonance that almost no other asset does.

When I started working in finance and digital assets, I kept coming across markets that have existed for decades but were never accessible to almost everyone. Institutional gold leasing and lending is one that stuck with me. Refiners, jewelers, central banks, they've all been earning on their gold this whole time.

It made me wonder: why didn't my family, and millions of others, know this market existed? And why isn't it open to the people who actually hold gold?

Tokenization is the technology shift that enables that missing access I've wondered about for years. We built PAXGy so anyone can hold gold the way they always have, and still watch it grow the way institutions always have, in gold-denominated terms.

Live now on @okx, and onchain across @Uniswap , @XLayerOfficial, @0xProject, and @ether_fi.

Gold that grows. Learn more at paxgy.com/x

Spent last week @thestablecon conference in DC. The primary trend I noticed: platforms building the B2B "stablecoin sandwich" are realizing that customers want to support multiple stablecoins, not just one, and that they should abstract away that complexity from end users.

The more I dig into B2B and cross-border flows, the more it feels like liquid, non-USD stablecoins unlock real efficiency.

Who builds the next wave of tokenized currencies and makes them easily swappable against the major USD stablecoins? Onchain FX feels inevitable.

Thanks to @MaggieWu_KG from @Velafi_global and Vroon Modgill from @SokinGlobal for the engaging discussion!

Join us next week in Palo Alto!