Instruments
Tokenized Equity: Six Instruments, Six Payoffs
'Tokenized equity' is six different instruments, and only two track the stock 1:1. A field guide to each—payoff shape, trade-offs, and real examples.
How Farm Credit Works Before the Blockchain: CPR, CDA/WA, and CRA
Brazil's farm-credit stack—CPR titles, warehouse receipts, CRA securitizations: six layers, real rates, LTVs, and what a token can and cannot replace.