The stablecoin market has crossed a symbolic threshold: a market capitalization of over $315 billion. What was, five years ago,…
The base case, from the IEA. Global data centres consumed about 415 TWh in 2024, 1.5% of world electricity, roughly…
1. Introduction et Diagnostic Structurel La faille des contrats à "cours connu" (notamment le contrat Arbitrage) émis par l'Abeille Vie…
The numbers, first. Tokenized real-world assets crossed $30 billion in early 2026, a 300% year-on-year increase : US Treasury debt…
Tokenized Municipal Micro-Bonds. We use the XRPL infrastructure to issue tokenized bonds funded by urban tolls… and local property taxes…
According to the methodology of Dixit and Pindyck (1994), gold contains an implicit call option on the collapse of the…
Le marché mondial de l'immobilier représente 435 000 milliards USD en 2026, soit 66 % des actifs mondiaux (Global Real Estate = $435T, Global…
RWA Treasuries (Sharpe 1.0-1.3 | Volatility 2-3%). Asset representing the tokenization of U.S. Treasury bills (e.g., BUIDL, OUSG). The high…
Gold (Sharpe 0.4-0.7, Volatility 12-15%) acts as a reserve asset, inversely correlated with the DXY. Its low Sharpe ratio is…
A long-only Bitcoin strategy with a target Sharpe ratio of 0.8–1.2 and 60–70% volatility is an inherently risky proposition. The…