Notre analyse présente les 10 plus gros gagnants et perdants de valeur sur le marché des transferts entre janvier et octobre 2026, selon Sportingpedia et Transfermarkt. Chez les gagnants, Lennart…
Thèse
La tokenisation des actifs réels a franchi le point de bascule institutionnel en 2025-2026. La question n'est plus « si » mais « où se situe la valeur »…
Three infrastructures private stablecoins, central bank currencies, ISO 20022 messaging converge in 2026 toward a single function: programmable and structured settlement of value. Whoever controls the plumbing captures…
In 2025/2026, Europe carried out the largest ESG regulatory simplification since the adoption of the CSRD: the mandatory scope contracted (50,000 5,000 companies), but the demand for granular data…
The tokenization of real world assets has moved beyond the experimental stage and entered its mass-distribution phase. The market is no longer managed by TVL but by holders: growth now…
Thesis. 2025-2026 is the moment when programmable money shifted from experiment to regulated infrastructure. Three layers converge: private stablecoins (GENIUS Act/MiCA), wholesale CBDCs (Agora, mBridge), and a common data grammar…
Gold fell below USD 4,000/oz (USD 3,990–3,996 on October 27), declining by more than 20% from its January 2026 all-time high (above USD 5,400) and ending 2026 down 7.5%, alongside…
Стратегия «крипто-загрязнения» (crypto-tainting) Ассоциации банков России представляет собой эндогенный шок фрагментации, угрожающий функции ценообразования на рынке цифровых активов. Вся большая доля предложения будет помечаться как «рискованная» из-за контакта с российскими…
The convergence of global retirement savings and the financing of artificial intelligence infrastructure constitutes a systemic risk arising from long-term capital commitments financing technology assets with shorter economic lifespans, through…
Impact of the Iran conflict and rising energy prices on gold price dynamics and the state of the mining sector. The views of Chris Mancini, co-portfolio manager of the Gabelli…