Mike Cagney is the Co-Founder of Figure and a long-time fintech entrepreneur focused on rebuilding financial infrastructure on blockchain rails. Under his leadership, Figure has evolved from a blockchain-native lending platform into a public company advancing tokenized credit, stablecoins, and now on-chain equities.

Founded in 2018, Figure was built on the conviction that blockchain could meaningfully reduce costs, improve liquidity, and unlock new forms of financing in traditional financial markets. The company has since brought billions of dollars of credit on-chain and is now pushing into tokenized public equities — including issuing a distinct blockchain-native version of its own stock designed to integrate directly with DeFi protocols.

Through Figure's alternative trading system and decentralized finance initiatives, Mike is advancing a vision in which equities, credit, and stablecoins converge into a more efficient, self-custodied, and globally accessible financial system.

Nathan McCauley is the Co-Founder and CEO of Anchorage Digital, a federally chartered digital asset bank and infrastructure platform serving institutions across custody, trading, staking and stablecoin issuance. Anchorage operates at the core of the institutional digital asset stack, combining crypto-native technology with federal regulatory oversight.

Nathan founded Anchorage in 2017 with the conviction that digital assets would ultimately be adopted by traditional financial institutions — but only if the underlying infrastructure met the highest standards for security, compliance, and usability. Under his leadership, Anchorage became the first federally chartered digital asset bank in the U.S., regulated by the Office of the Comptroller of the Currency (OCC).

In February 2026, Anchorage announced a $100 million strategic investment from Tether, a key partner and the sponsor of USAT, a regulated U.S. stablecoin, underscoring the firm's role as a foundational infrastructure partner in the evolving stablecoin ecosystem. This partnership strengthens Anchorage's position at the intersection of global distribution and institutional adoption.

Today, Anchorage supports a broad range of institutional clients, including banks, asset managers, fintechs, public companies, and stablecoin issuers. The platform enables institutions to interact with digital assets while meeting regulatory requirements and plays a central role in the growing adoption of stablecoins, tokenized assets, and on-chain financial infrastructure.

Please enjoy the following insights from Nathan McCauley of Anchorage Digital.

Adrian Cachinero Vasiljevic and Sébastien Derivaux are the co-founders of Steakhouse Financial, an internet-native asset manager focused on building non-custodial, on-chain investment products for stablecoins. Emerging from a deep DeFi-native background, Steakhouse operates at the intersection of decentralized finance, institutional asset management, and next-generation financial infrastructure.

Prior to starting Steakhouse, Adrian spent time at Goldman Sachs and Bain & Company, and Sébastien created the first decentralized Core Unit at MakerDAO, focused on Real-World Asset and financial reporting. Their combined experience has helped shape some of DeFi's most influential projects, with a focus on transparency, risk management, and cryptographically enforced guarantees.

At Steakhouse, they focus on vault curation as a new primitive for asset management, designing products that offer institutional-grade risk management, liquidity, and non-custodial protections. Their work currently centers on asset management products and services for the stablecoin economy and showcases how vaults can scale as a credible alternative — and complement — to traditional investment structures like ETFs.

Please enjoy the following insights from Adrian Cachinero Vasiljevic and Sébastien Derivaux of Steakhouse Financial.