Introducing the Transparency Alliance.
An industry-led alliance establishing the Token Transparency Framework as the standard for token market disclosures.
"The CEO of Western Union is here because he realizes onchain settlement can save his firm billions on the float."
"That is the real Institutional FOMO."
@santiagoroel says we’ve transitioned from a retail-driven "buy the coin" market to an institutional "fix the P&L" market.
The disconnect between crypto adoption and token prices is at an ATH.
Despite the correction, most tokens are still overvalued and won’t recover to ATHs. Hyperliquid is the exception.
The alpha is in crypto-enabled equities. Founder-led companies like Figure, Nubank, and
Santiago R. Santos, Founder & CEO of Inversion:
“I think the biggest challenge of crypto has been over-indexing on the technology and not so much in go-to-market.”
“...the biggest challenge and opportunity is how can we make crypto invisible to the end user, but then really,
Crypto needs real GDP, not just speculation. @santiagoroel (Founder, @inversion_cap) returns to TOKEN2049 Dubai on 29-30 April.
He's acquiring operating businesses and embedding crypto rails for payments, efficiency, and UX. This is what mainstream adoption actually looks like.
I obsess about payment infrastructure because it is a drag that shouldn't be there, and yet most accept it as a cost of doing business. Whether you're in SaaS, subscriptions, or any recurring business, payment infrastructure is a friction tax that eats into margins and unit
Ted Turner on the power of inversion:
“Confronted with a problem I’ve always looked for an unconventional angle and approach. Nothing sneaky, nothing illegal or unethical, just turning the issue on its head and shifting the advantage to our side.”
Why Most Layer 1s Won’t Justify Their Valuations in 2026 (And Where the Real Upside Is) w/ @santiagoroel
Crypto has built massive infrastructure.
But ~90% of valuations sit at Layer 1s while <20% of revenue does.
That gap matters a lot heading into 2026.
Tune in to know more