Arush (FTX Creditor revenge arc)

Why The Industry Still Pays Market Makers To Exist (Post-Trade Settlement) with @arush of @AlpacaHQ Timestamps: 00:00 Intro 01:21 What ITN Actually Is 04:07 The Slow Rail Fast Rail Problem 07:21 Locates And Naked Shorting 09:19 The Multimodal Equities Era 12:06 Transfer Agents Are A Crazy World 14:54 The Token Is Not The Share 17:25 How The AMC Weekend Worked 23:08 Expanding Beyond Alpaca 28:22 Multilateral Netting Explained 31:06 What’s Live Versus What’s Coming 35:09 The 24/7 Markets Question

the slow rail vs fast rail problem "It's an impedance mismatch between the two infrastructures." "Tokenized spot is actually a much more challenging infrastructure problem than perps." "Everything we do surrounds this slow rail to fast rail problem."

U.S. REGULATORS ARE COVERING UP FOR CRIMINALS ENGAGED IN ILLEGAL NAKED SHORT SELLING THAT DESTROY AMERICAN COMPANIES🚨 Greg McCabe, CEO of Next Bridge, sits down with Charles Payne to reveal that hundreds of millions of illegal counterfeit shares exist in his company, while the SEC has ignored him and the company’s demands for answers and transparency for years. $MMTLP

WOW! It’s finally happened! Full offline static decryption of FairPlay encrypted AppStore apps. The broader implications of this are huge. The FairPlay components are insanely obfuscated and have been the subject of research for years. It actually might finally be completely over

“Nobody pre-funds trades on an institutional level in TradFi, but that’s all we have in crypto. In order to unlock all of that flow onto crypto rails, we need post-trade settlement for tokenized equities. This doesn't exist today,” said @arush. Arush, our Head of Digital Assets, joined the main stage at Digital Asset Summit 2026 Asia for a session on “Unlocking Tokenized Equities at Institutional Scale.” The session explored: 1️⃣ Why today’s tokenized equities market still relies heavily on pre-funding 2️⃣ How post-trade settlement can help reduce capital requirements and support deeper liquidity 3️⃣ Why clearing, custody, and settlement infrastructure are critical as tokenized equities scale 4️⃣ How Alpaca’s Instant Tokenization Network (ITN) supports in-kind minting and redemption between tokens and shares, recently passing $5 billion in volume Thank you to the @Blockworks team for hosting an important discussion on the infrastructure needed to support tokenized equities at an institutional scale.

ICYMI: We were live from @blockworksDAS Asia with @AlpacaHQ at @token2049 Singapore. 6 hours. 10+ phenomenal speakers. We dove into where global finance meets the onchain economy, and where the next buyer is coming from. We were met by some incredible guests like @arush, @FTDA_US, @chriseyin, @plumenetwork, @wagmiAlexander, @aeroxyz, @vnovakovski, @Lighter_xyz, @Krista_Lynch_, @Grayscale, @swiftcommunity, @tarunchitra, @gauntlet_xyz, @samkazemian, @fraxfinance, @connorbmilner, @hare_xyz, @vibhu, @solana

All roads lead to @AlpacaHQ Alpaca is named as the custodian holding the underlying shares for 83.5% of tokenized stock market cap. Ondo, xStocks, Binance bStocks, Robinhood, Coinbase, and Reality name Alpaca as custodian.

Are you kidding me? The official Xbox response to mega-viral game remixing is "This is good for players. It challenges our business model, so what. We'll start a lab." Asha should run MS. Never seen anyone this tapped in

One of my #TOKEN2049 highlights was Hack Seasons. Great to share the stage with some sharp minds and discuss institutional adoption, the future of trading, and what financial infrastructure needs to look like next. The next step is making markets more accessible, efficient, and connected. Thanks to everyone who joined the conversation. @mickeyhardy from @ArcadiaGTM @yanabinance from @binance @MassFromCrypto from @ChangeNOW Jean-David Péquignot from Deribit by Coinbase @arush from @AlpacaHQ

Arush says 24/7 equity trading needs 24/7 fiat rails first, which means US real-time payment systems like RTP and FedNow have to reach wide adoption. He thinks even then people won't want to work weekends. "There's still a human element. People don't want to work on the weekend." "What that results in is liquidity events." "The Monday New York open stays the best time to access major liquidity across all markets." "Those coalesce liquidity, so you still get these spikes." @arush @AlpacaHQ

Tokenization’s next phase is clearing, and Arush Sehgal, Head of Digital Assets at Alpaca, says ITN lets people swap between traditional shares and tokenized versions instantly, 24/7. @AlpacaHQ @arush

Our Head of Digital Assets, @Arush Sehgal, will be speaking at Digital Asset Summit Asia 2026 in Singapore on October 7! 🇸🇬 He’ll join the panel “Unlocking Tokenized Equities at Institutional Scale,” moderated by @jchervinsky, CEO of @HyperliquidPC. The panel will explore how cash and collateral could drive the next phase of tokenization and what institutions need as financial markets continue moving on-chain. 📅 October 7 🕙 10:10–10:40 AM If you’re attending DAS Asia, add the session to your agenda and make sure to say hi to the Alpaca team.