Eva Ados

The future of finance operates 24/7. Our President & CEO John Koudounis, explains why tokenization is reshaping how capital moves. ​ ​ Greenwich Economic Forum #WEF26 #greenwicheconomicforum #gef ​

5

The Themes China Generative Artificial Intelligence ETF (#DRGN) provides U.S. investors with access to the rapidly developing AI sector in China. Learn more about the objectives of the fund and AI landscape in China from Themes ETFs Chief Revenue Officer Paul Marino. More information about Themes ETFs' #CboeListed funds here: https://bit.ly/3Y4KMOJ

16

CIC estimates a US$206.5bn TAM by 2029. CIC reports that the global foundation model market remains in the early stages of commercialization. As technologies mature and user adoption grows, the market is projected to surge from US$10.7bn in 2024 to US$206.5bn by 2029, reflecting a CAGR of 80.7%. Within this, foundation model applications are expected to expand from US$7.1bn to US$151.5bn (CAGR: 84.3%), while foundation model MaaS is forecast to grow from US$3.6bn to US$55.0bn (CAGR: 72.7%). Referring to CIC’s estimates, MiniMax only owns 0.3% market share in the global market on a revenue basis, suggesting significant growth potential for MiniMax, driven by both growing TAM and market share expansion.

1

🔢 Dynamic Cash Flow Modeling for SME Financial Runway Using ODEs At Quantum-Problem-Solvers, we know that cash-flow uncertainty keeps many SMEs up at night. Let’s tackle this head-on with an ODE-based model to predict your cash runway—and keep your business solvent. 📈 Problem Statement An SME must forecast when its cash on hand C(t)C(t)C(t) will hit zero—its “runway”—given: Initial cash C0C_0C0​. Continuous revenue growth at rate rrr (from sales, subscriptions). Constant burn rate KKK (fixed monthly costs). Goal: Compute C(t)C(t)C(t) and the time trunwayt_{\rm runway}trunway​ such that C(trunway)=0C(t_{\rm runway})=0C(trunway​)=0. 🧩 Model Formulation Variables & Assumptions C(t)C(t)C(t): cash balance at time ttt (months). Net growth: proportional to current cash via reinvested earnings, rate rrr. Burn: constant outflow KKK (salaries, rent, subscriptions). Initial: C(0)=C0C(0)=C_0C(0)=C0​. Governing ODE dCdt = r C(t) − K\frac{dC}{dt} \;=\; r\,C(t) \;-\; KdtdC​=rC(t)−KClosed-Form Solution C(t)=C0 ert − Kr(ert−1)C(t) = C_0\,e^{r t} \;-\; \frac{K}{r}\bigl(e^{r t}-1\bigr)C(t)=C0​ert−rK​(ert−1)Runway Time Solve C(trunway)=0C(t_{\rm runway})=0C(trunway​)=0: trunway=1r ln⁡ ⁣(1+r C0K)t_{\rm runway} = \frac{1}{r}\,\ln\!\Bigl(1 + \frac{r\,C_0}{K}\Bigr)trunway​=r1​ln(1+KrC0​​) 🔍 Interpretation Longer runway with higher C0C_0C0​ or growth rate rrr. Shorter runway if burn KKK spikes (e.g., hiring surge). Runway sensitivity: a 10% error in rrr shifts trunwayt_{\rm runway}trunway​ by ≈0.1r\approx\frac{0.1}{r}≈r0.1​ months—crucial for tight budgets. 💡 Lessons Learned Accurate Parameter Estimation: Use rolling sales data and expense tracking to recalibrate rrr and KKK monthly. Scenario Analysis: Model best-, base-, and worst-case runs by varying rrr and KKK (Monte Carlo simulations). Buffer Planning: Always plan for runway at C(t)=0.2 C0C(t)=0.2\,C_0C(t)=0.2C0​ to cover unexpected shocks. 🔮 Industry Trends Real-Time CFO Dashboards: Integrate bank APIs to update C(t)C(t)C(t) live and run ODE forecasts on demand. AI-Driven Forecasting: Combine ODEs with machine learning to adjust growth rate rrr from seasonality and market signals. Scenario-Based Stress Testing: Automated “what-if” modules for rapid pivot planning during economic uncertainty. 🚀 Want to Secure Your Cash Runway? At Quantum-Problem-Solvers, we fuse advanced ODE modeling with financial expertise to give you crystal-clear forecasts. 🔗 Let’s connect! DM me or visit our page to ensure your next funding round—and your business’s survival—are on solid ground. #CashFlow #RunwayForecast #ODEs #FinancialModeling #SMEFinance #PredictiveAnalytics #FinTech #QuantumProblemSolvers #StartupGrowth #AIinFinance

2

1 Comment

Goldman Sachs Asset Management is buying Innovator ETFs® for roughly $2 billion, providing GSAM instant scale in the defined-outcome ETF niche. Learn more: https://lnkd.in/e2ZCpGyG

1

Templeton Emerging Markets Trust: Missed the Market It Was Built to Capture Emerging markets are meant to be the engines of global economic growth - faster GDP, rising middle classes, long-term demographic trends. Yet, the Templeton Emerging Markets Trust (TEM), once a flagship name in this space, has delivered more frustration than fortune. Performance Over the Past 5 Years TEM Total Return: +50% (8.4% CAGR) MSCI Emerging Markets Benchmark: +100% (14.9% CAGR) MSCI World (Developed Markets): +45–50% (8.0–8.4% CAGR) £100,000 invested in TEM: now worth ~£149,000 £100,000 in a simple EM index tracker: now worth ~£200,000 What Went Wrong Underweight China Tech: Missed gains from Alibaba, Tencent, Meituan (2019–2022 boom) Contrarian Value Bias: Heavy exposure to Brazil, India, and frontier markets while market momentum favoured large-cap tech High Fees (~1%): Compounded drag when stock selection underperformed Persistent Discount to NAV: Shares traded 10–15% below net asset value, hurting returns The Long-Term Cost of Underperformance TEM CAGR: 8.4% per annum MSCI Emerging Markets CAGR: 14.9% per annum 20-Year Impact on a £100k Investment Templeton Emerging Markets Trust: grows to ~£502,000 MSCI EM Index Tracker: grows to ~£1,608,000 Opportunity Cost: ~£1.1 million lost by choosing the wrong vehicle The Verdict TEM hasn’t underperformed because emerging markets failed - it underperformed because its strategy failed to capture what drives those markets today: - Technology leadership - Scale advantages - Structural growth trends Instead of capturing emerging-market dynamism, TEM behaved like a developed market tracker - but with higher risk and higher fees. ✅ Key Takeaway for Investors If you want emerging-market exposure: buy the index. If you want alpha from active management: make sure you’re actually getting it. The Templeton name may be iconic - but recent performance shows that reputation alone doesn’t generate returns. Final Thought The real cost of underperformance isn’t visible in a single year. It’s in the compounding over time. As this data shows, losing just a few percentage points annually can quietly erase over £1 million of potential wealth.

6

❗Two actively managed ETFs worth paying attention to: JEPQ and JPST. 📊While many investors associate ETFs mainly with passive indexing, these funds show that active strategies can also be delivered in a transparent, liquid, and relatively low-cost ETF structure. ➡️JEPQ focuses on generating income from equities using options strategies, while JPST invests in short-term fixed income instruments with an emphasis on stability and liquidity. 🌳At Wealth Gardens, we continuously monitor both passive and active ETF solutions to identify the instruments that best fit our clients’ portfolios and long-term investment goals. ❗ This content is for informational purposes only and does not constitute investment advice or a recommendation. #ETF #Investing #AssetAllocation #PortfolioConstruction #ActiveETF #IncomeInvesting #FinancialPlanning #LongTermInvesting #WealthManagement #WealthGardens

1

Is Solana Season coming? 🌅 “#Solana can process more transactions than the equities, fixed income, commodities, and FX markets combined.” – Galaxy CEO Mike Novogratz Will US #Solana ETFs get the green light in 2025?

3

1 Comment

AI capital flows, China’s growth pulse, critical mineral expansion, and a cautious Fed tone are shaping today’s market narrative.    #marketnews #globalmarkets #forexupdate #aiinvesting #commoditieswatch #macrotrends #pcxfx

1

Read my latest for Banking Risk and Regulation featuring highlights from this week's episode of Following the Rules. In it, the chief advocate for the world's biggest hedge funds calls on policymakers to stop trying to impose bank-like regulation on alternative asset managers. “You hear policymakers across the globe raise this idea that our industry should be regulated more like banks,” Jillien Flores of the Managed Funds Association (MFA) told Following the Rules. She argues such an approach was “terribly misguided” and could “harm markets and investors.” She outlines how she would like to see policymakers rethink the regulatory framework for the non-bank sector. And she discusses the MFA’s efforts to determine “the rules of the road” for its members’ environmental, social and governance strategies amidst broader political backlash to ESG initiatives. You can listen to the episode here: https://lnkd.in/eRmAeJ7K Or read BRR's piece on it by clicking on the links below... #followingtherules #podcast #alternativeassetmanagers #hedgefunds #MFA

8

🥵LESSONS IN WEALTH AND INDUSTRY: THE FUTURE AWAITS 🧨 🟥 HEADING INTO 2026, three things are indisputable: 🔴 countries that make things build wealth and prosperity 🔴 financialization has reached the end of the road 🔴 unbridled money printing hollowed out USA industry/ consumerism 🧨 Decades of money-printing set the stage for repeated financial upheavals. 🎈USA MANUFACTURING DEMISE 🥵US index of manufacturing output is 101.39, nearly 5% BELOW the level reached as the GFC began (end 2007). 🥵shrinking in real physical terms since 2008, in the face of Fed printing of nearly $6 trillion in fiat 🥵 conversely, between 1972 - 2000 USA manufacturing output rose by 150%, generating a 3.3% growth rate per annum. 🟥 LOCAL SERVICES (a gym membership or dry cleaners) are driven by local supply - demand, whereas, cross-border supply chains spawned a global box store of durable goods production, thus exposing prices to comparative wages: Average Fully Loaded Manufacturing Wages Per Hour in 2024: Vietnam: $3.50 India: $4.50 Mexico: $5.00 China: $6.00 S. Korea: $20.50 Canada: $22.00 Japan: $28.00 EU-27: $32.50... USA: $44.25 🟥 IT ALL STARTED IN THE 1990s... 🔴 America mispriced itself, spawning chronic trade deficits reaching $1.2 trillion (2024). 🔴 collapse of America’s trade balance unwound since 1995, with the trade deficit rising by 10X, from $10 B to $100 B per MONTH! 🔴 thank Greenspan for this (1990s) when "all in" US manufacturing wage was $18.50/ hr, rising (nominally) by 2.4X thereafter. 🔴 his PRO-inflation stance (as now) ignited CPI index growth of 124%; in 2024 dollars, 1992 "all in" manufacturing wage was a premium $41.10 per hour. 🟥 WHAT SHOULD HAVE HAPPENED 🔴 From 1992 onward, as the China's "workshop to the world" roared to life, policy should have calibrated zero inflation or even mild price/ wage DEFLATION to offset uncompetitive US production costs (thank you Nixon) 🔴 Between 1971 and mid-1992, USA general prices rose by 250%, and in 2025 stands at 700% above June 1971. So, USA Inc. priced itself out of the global manufacturing game, ceding it to the Chinese 🔴 the Fed’s sacred 2.00% target is merely a chimera to hide printing press role in fueling carry trades and deficit spending 🟥 CONCLUSION 🔴 Industrial production is the lifeblood of our economy, the source of sustainable gains in real output / rising living standards. 🔴 With inflation now stalled at > 3.0% (it should be zero/negative), the Fed is on "rinse-repeat"—> 700% inflation—with no prospect of a reversal of fortune. 🔴 hopium of an AI productivity dividend akin to the 90s PC revolution and subsequent dot-com bubble remains to be seen NOW IS THE TIME to onshore on a regional AMERICAS basis from the Arctic to Southern Cone before China moves. Their wages lost their edge, they must pivot to confrontation and control of regional neighbors. 🌎 The time for an Americas Grand Strategy has arrived. Source: The International Man #FRED

16

3 Comments

In the past two decades, global wealth-management volumes have doubled, yet over half of that capital remains locked inside outdated MFO and legacy fund structures. Now, a new wave of mathematics-driven fintech innovation is transforming how capital moves, grows, and multiplies — and CMA Technologies is leading the charge. At CMA Technologies, we’re engineering the next evolution of hedge fund automation. Our proprietary systems fuse multi-dimensional mathematical trading models, cycle-timing analytics, and quantitative intelligence to create a new, transparent, and scalable approach to wealth management. We are building an infrastructure where mathematical precision replaces speculation, automation replaces bias, and access replaces exclusivity. For investors, this is not just another fintech play — it’s a chance to be part of the mathematical revolution in global fund management. We’re opening the doors to strategic partnerships and early-stage investors who share our vision of bringing intelligence, transparency, and performance to the financial world. #Fintech #Investing #QuantitativeFinance #WealthManagement #Automation #MathematicsDrivenFinance #HedgeFunds #CMAtech

7

2 Comments

Ondo Finance and Pantera Capital have launched a $250 million initiative called the Ondo Catalyst Fund to accelerate the tokenization of traditional financial instruments. This partnership aims to bridge traditional finance and blockchain technology by investing in projects that enhance on-chain capital markets, offering 24/7 trading, improved liquidity, and broader investor access. The fund will target a mix of equity stakes and token acquisitions in emerging ventures, focusing on assets like stocks, bonds, ETFs, private credit, and real estate, with the goal of reshaping global capital markets. The Ondo Catalyst Fund will support projects building critical infrastructure for tokenized finance, including custody solutions, compliance tools, identity frameworks, interoperability layers, and data oracles. Ondo Finance, already a major player in tokenized U.S. Treasuries with its OUSG and USDY tokens (combined market cap of nearly $1.4 billion), is leveraging its expertise in on-chain capital markets alongside Pantera Capital’s extensive network and investment acumen. Pantera will independently evaluate and invest in projects, while the Catalyst Fund will prioritize those within the Ondo ecosystem, particularly next-generation financial applications driving scalability and adoption of tokenized assets. This initiative comes at a time when tokenization is gaining significant traction, with the RWA market growing from $5 billion in 2022 to over $24 billion by June 2025, making it the second-fastest-growing crypto sector behind stablecoins, which exceed $250 billion in market cap. Ondo Finance has already made strides in the space, launching a platform earlier in 2025 for on-chain exposure to U.S. securities and integrating its OUSG token (backed by BlackRock’s USD Institutional Digital Liquidity Fund) on the XRP Ledger for 24/7 minting and redemption using Ripple’s RLUSD stablecoin. The firm, backed by prominent investors like Peter Thiel’s Founders Fund, is also engaging with U.S. regulators to shape tokenization policies. The fund’s hybrid investment model, combining traditional equity stakes with token purchases, aims to align incentives across founders, investors, and on-chain communities. By supporting projects that enhance liquidity, transparency, and fractional ownership, the initiative seeks to address limitations of legacy financial systems, such as restricted trading hours and inefficient infrastructure. The Ondo Catalyst Fund represents a pivotal step in the maturation of tokenized finance, positioning Ondo Finance and Pantera Capital at the forefront of a transformative shift toward an open, on-chain economy.

7

We’re standing at the intersection of capital markets and Web3 finance — where real-world asset (RWA) tokenization is unlocking liquidity in traditionally illiquid sectors like mining and energy. Why natural resource assets belong in this conversation: • Fractional access to tangible value: Tokenizing commodity-backed assets—mineral rights, oil & gas reserves, renewable energy infrastructure—enables fractional ownership. This democratizes investment by lowering entry thresholds and expanding participation. • Transparency & traceability: Blockchain ensures end-to-end provenance—from extraction to investor—boosting trust and accountability in sustainability‑focused projects. • Liquidity & capital efficiency: Tokenized assets can trade 24/7 on compliant platforms, reduce reliance on intermediaries, and unlock capital efficiencies. This trend is already showing momentum in mining: • Platforms like DAMREV are working to convert mineral rights into verifiable tokens—transforming unmined gold and other resources into digital investment vehicles with enhanced governance and ethical sourcing controls. • Innovative ReFi (Regenerative Finance) initiatives are exploring sustainable mining through tokenizing unextracted reserves, aligning finance with environmental stewardship. Key benefits for the energy sector: • Tokenized renewable energy infrastructure—solar farms, wind turbines, hydro projects—can offer fractionalized investment, transparent output metrics, and even tokenized energy yield via platforms like SolarCoin Foundation and WePower. • Environmental assets such as carbon credits and green bonds are also entering the RWA space, blending finance and sustainability. As a strategist to corporate clients in capital markets, I see tremendous synergy here. Tokenization bridges TradFi and DeFi—expanding access to global investors while preserving governance and legal oversight. Emerging frameworks (e.g. ERC‑3643, regulated token platforms) are shaping the regulatory infrastructure needed to scale this responsibly. Whether your organization is mining mineral assets or developing clean energy infrastructure, RWA tokenization presents a novel pathway to diversify investors, enhance liquidity, and showcase ESG credentials in an on‑chain, verifiable form. Chainlink Labs Medium Bloomberg News CNBC DAMREV Benzinga BNN Bloomberg https://lnkd.in/gNYecm2M #rwa #tokenization #naturalresources #energy #mining #blockchain #tradefi #defi

20

4 Comments