SPV (special purpose vehicle) off-balance-sheet structures are a core financing tool in the AI data-center buildout

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They allow hyperscalers to expand capacity rapidly while keeping the bulk of associated debt off their consolidated balance sheets, converting…

The correlation of AI in the credit architecture

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EXECUTIVE SUMMARY. QUANTITATIVE FINANCE Contagion in AI financing cannot be understood through valuation levels or even growth rates. It is…

SSSI. The quantitative and microstructural architecture of stablecoin risk

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Executive Summary With over $315 billion in daily trading volume, stablecoins have become the systemic plumbing of programmable finance. Yet,…

How Circular Financing in AI Creates Hidden Risks Beneath a Boom

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Circular financing in the AI sector refers to a tightly interlinked system of equity investments, compute commitments, guarantees, and off-balance-sheet…

BIS Warns: AI Spending Spree Echoes Past Market Manias and Recessions

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AI bubble risks are elevated as of mid-to-late 2026, driven by an unprecedented capital expenditure boom outpacing near-term monetization, high…

Crypto Short Squeeze

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Bitcoin surged to $76,800-$77,600, gaining 6-8% in 24 hours and 20% for the week. The market saw over $4 billion…

CBDC: 137 countries in the race, but who is measuring the actual speed of adoption?

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The Quietest Race in Monetary History Never before have so many central banks worked simultaneously on the same transformation. According…

ScoreGex. De l’AVM local à l’oracle de rente institutionnel

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"L'immobilier tokenisé est le segment le plus difficile à mesurer", c'est exactement le vide que ScoreGex peut remplir. Le marché…

Analysis of regulatory obstacles regarding X Money

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X Money, operated by X Payments LLC, is not a bank but a licensed money transmitter. It partners with Cross…

Stablecoins: $315 billion in circulation, zero dynamic reserve ratings. Why this must change

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Price is the last indicator to move The stablecoin market has reached a new milestone: over $315 billion in total…