CEO Notes
Marc Baumann
Newsletter
Where regulation meets reality
Hey, it’s Marc Your competitive intelligence just got uncomfortable. While Asia processed $12.5 trillion in stablecoin flows in 2025, the US quietly built the institutional infrastructure to trigger adoption on a scale few have dared to imagine. This is according to Consensus Miami 2026 Global Digital Asset Adoption
51 Insights - Weekly Briefing
163: The Canton moment
163: The Canton moment0:00/2001× Hey, it’s Marc & the 51 team. While Blackrock took a quiet $100M stake in Canton, BitGo IPO’d at $2B and Tether launched its US stablecoin USAT, the biggest shift in crypto this week came from Capitol Hill: “Advancing this bill brings
CEO Notes
Crypto's $2.1B Custody IPO
Hey, it’s Marc, Crypto custody has come a long way from scribbled seed phrases and anonymous exchanges. Today, it’s a multi‑billion‑dollar institutional industry led by players like BitGo, which now safeguards over $100 billion in digital assets. BitGo just accomplished what few thought possible on Wall
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SWIFT’s vampire attack on crypto
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What Davos really said about crypto
51 Insights - Weekly Briefing
162: Davos just confirmed it
162: Davos just confirmed it0:00/2001× Hey, it’s Marc. Davos is usually where the establishment pats itself on the back. This year, they looked over their shoulder. Suddenly, crypto isn’t a “scam” , but national defense. And the bankers who spent a decade mocking it? They are panic-buying
CEO Notes
The house model is dying
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The end of the closing bell
Yesterday, the New York Stock Exchange (NYSE) dismantled Wall Street’s most long-boundary: market hours. For 232 years, equity markets have operated under a simple constraint. Trading happens between 9:30am and 4:00pm ET, Monday through Friday. That created an entire ecosystem: futures markets for after-hours risk, “gap” strategies
CEO Notes
BNY Mellon rewrote how money moves
51 Insights - Weekly Briefing
161: Washington stalled. Bitcoin didn’t.
161: Washington stalled. Bitcoin didn’t.0:00/2001× Hey, it’s Marc. Big week for crypto regulation: The industry just shot itself in the foot. “We’d rather have no bill than a bad bill.” — Brian Armstrong, CEO and Co-founder of Coinbase Twenty-four hours before Congress was set to
CEO Notes