Pete Christensen

“Good morning, Tom and Dave. uh question on on on capturing economics tokenized equity so i i guess when you think about the issuer sponsored model the objective is the objective here for the shares to trade primarily on bullish or do you envision the token i guess being interoperable across multiple chains venues with…”

“And then I'm just curious if you could just take us through some of the puts and takes on the stablecoin as a service take rate. Is that transaction activity, you know, minting and redemption fees, or is that just a larger flow balance?”

“Jeremy Erler, I wanted to dig a little bit more into competitive positioning, specifically around USDC's distribution mode in light of the OUSD announcement earlier last month.”

“Andrea, I was wondering if you could just interpret some of your previous comments on UMI just a little bit more, help us understand. So I think you mentioned that the base business is still doing really well, so you feel good about the outlook for the year.”

“You know, with introducing some of these more commercial-like products, how should we think about the cross-buy flywheel here, or I guess in the future, and putting it around some of these newer offerings?”