AI Agent Funding, Valuations & Market News

Money & Markets

The Path to 2027: Mapping the Tokenized Deposit Regulatory Landscape Before the Sprint Begins

The rules are still hardening, but the operating picture is no longer speculative. What's fixed, what's moving, and why tokenized-deposit programmability matters for institutional money and agent commerce.

◆ Nolan PrattYesterday

Money & Markets

The UK Just Ran the World’s First Interbank Tokenized Deposit Transactions. The Same Platform Is Headed to 25 US Banks.

Seven of the UK's largest banks completed live remortgage and marketplace payments using tokenized deposits on Quant's platform. The Clearing House picked the same vendor for its US rollout.

◆ Nolan PrattSep 25

Money & Markets

The Clearing House Just Picked Its Vendor for Tokenized Deposits. That’s the Institutional Layer Stablecoins Haven’t Built.

25 of the largest US banks just picked their infrastructure vendor for tokenized deposits. The institutional settlement layer that stablecoins haven't built is forming — and it connects to the rails that already move $2 trillion a day.

◆ Nolan PrattSep 25

Money & Markets

Coinbase Tokenized Stocks Just Passed $1B in Volume on Base. The Real Story Is What Comes Next.

The crypto-native L2 hit the milestone in roughly one month — but only for non-US users. With the SEC's Innovation Exemption now issued, the offshore sandbox is about to move onshore.

◆ Nolan PrattSep 25

Money & Markets

Public Just Wired Prediction Markets Into Its AI Agent Layer. That’s a New Kind of Rail.

The agentic brokerage launched automated event-driven trading via Kalshi, folding CFTC-regulated prediction-market signals into stock and bond strategies. It's the same pattern: infrastructure before regulation.

◆ Nolan PrattSep 25

Money & Markets

The Fed Is the Last Major Agency to Lay Down Stablecoin Rules. That Closes the Supervisory Gap – and Starts the Clock.

The Federal Reserve released two NPRMs for Board-supervised payment stablecoin issuers under the GENIUS Act, completing the federal agency rulemaking picture and narrowing the window before the January 18, 2027 enforcement cliff.

◆ Nolan PrattSep 24

Money & Markets

The Stablecoin Monetization Gap: How Issuers Make Money When They Can’t Pay Interest

The GENIUS Act bars stablecoin issuers from paying yield to holders. That has not stopped them from generating billions – it just changed who gets paid.

◆ Nolan PrattSep 24

Money & Markets

Meta’s Agent-Commerce Layer Just Went Live. The Settlement Rails Were Built for This.

PayPal, Shopify, and Stripe are now integrated into Meta's Muse agent. With 2.5M US downloads and computer-use capabilities, the distribution layer is catching up to the settlement infrastructure Visa and SoFi built.

◆ Nolan PrattSep 24

Money & Markets

Tokenized Deposits vs Payment Stablecoins: The Two-Track Race for Institutional Money

One statute bars stablecoins from paying interest. Another class of bank-issued tokens can. With the January 2027 enforcement cliff approaching, institutional capital is being forced to pick a lane.

◆ Nolan PrattSep 23

Money & Markets

Capital Flows in Agentic AI: How Stablecoin Infrastructure Is Being Built Before the Rules Exist

As stablecoin settlement volume eclipses the US ACH network, a flurry of institutional infrastructure plays is racing to beat the January 2027 enforcement cliff.

◆ Nolan PrattSep 23