Marc Baumann - 51 Insights

51 Insights - Weekly Briefing

172: four rules, five days

Hey, it’s Marc & the 51 team. I don't think Washington has ever shipped this much crypto policy in a single week. Each one would normally be the headline. * The US Labor Department proposed allowing Bitcoin in 401(k) plans, opening digital assets to $7.7 trillion

CEO Notes

the first on-chain M&A

CEO Notes

Arizona is lending its Bitcoin

CEO Notes

Europe's $2.3T manager went on-chain

CEO Notes

Morgan Stanley is building a full-stack crypto bank

51 Insights - Weekly Briefing

171: NYSE and Nasdaq pick sides

Hey, it’s Marc & the 51 team. Tuning in from DAS New York this week (which was much more institutional than last year). A few things that caught my eye: * A bipartisan Senate deal on stablecoin yields finally broke months of gridlock on the Clarity Act (banks won). * Both

Podcast

The man who co-wrote HTTP/2 just IPO'd a crypto bank, with Mike Belshe, CEO of BitGo

Hi, it’s Marc. ✌️ The man who co-wrote HTTP/2, the protocol loading this page right now, just IPO’d a crypto bank. Priced at $18 in January, trading at ~$10 today. And he doesn’t care. Watch on Youtube Mike Belshe started BitGo in 2013 and spent 13 years

CEO Notes

who owns the agent economy?

On March 18, 2026, Stripe and Tempo co-released the Machine Payments Protocol, an open specification for machine-to-machine payments.

CEO Notes

Wall Street just put stocks on a blockchain

On March 18, the SEC approved Nasdaq to trade and settle U.S. equities as blockchain tokens.

51 Insights - Weekly Briefing

Mastercard, PayPal, Stripe

Hey, it’s Marc & the 51 team. The SEC did something this week that people will look back on. * They issued a 68-page joint interpretation on token classifications together with the CFTC, for the first time in 183 years of combined existence. * Chairman Atkins proposed a principles-based framework, replacing

CEO Notes

the SEC sorts its tokens

Hey, it’s Marc, For the first time ever in their combined 183 years of existence, the SEC and CFTC published a joint document agreeing on what crypto actually is. They named 16 specific tokens as commodities. They said staking isn't a security. And they formally acknowledged that

Podcast

"I apologize", SEC Commissioner Hester Peirce on Crypto's New Rules

Hi, it’s Marc. ✌️ An SEC Commissioner just apologized to the crypto industry. On the record. To us. “The regulatory approach made your lives a lot more difficult. I’ve talked to people who really were hurt. I do apologize for that.” Watch on Youtube That’s Hester Peirce, who