Visuals

Finance, visualized

What looks identical on your screen often settles, costs and protects you very differently underneath.

Table of Singapore payment types showing what each one runs on, how it clears and where it settles, grouped by settlement at MAS in central bank money, at a commercial bank, inside one bank, or under scheme or partner arrangements. 7 slides
Prying How money changes hands in Singapore: PayNow, FAST, GIRO, NETS and MEPS+
Timeline of a Singapore dollar card tap in Japan, showing where the currency is converted, who takes a cut at each step, and four ways to get the best rate.
Prying Why your card costs more abroad
Diagram of the bodies behind Singapore payment rails, showing MAS, the clearing house association, NETS, BCS and the three banks that own NETS.
Prying Who owns and runs PayNow, FAST, GIRO and NETS in Singapore?
Matrix of Singapore crypto firms against what their licences cover: buying and selling crypto, e-wallets, spendable e-money, retail payments and cross-border transfers.
Prying Singapore's crypto industry: The cost of getting in
Sequence diagram of a 100 Singapore dollar card tap from approval to payout, showing the fee each party takes and how long the merchant waits.
Prying Why your card costs more abroad
Tall poster covering Singapore crypto licensing history, who holds a licence, set-up costs against other hubs, funding and jobs, and what it means for a user.
Prying Singapore's crypto industry: The cost of getting in
Animated network of DeFi curators and their backers, highlighting one pattern at a time, such as shared investors on both sides of a protocol.
Prying Who's bankrolling the curators?
Diagram linking Ribbit Capital and Coinbase Ventures to both Gauntlet and Morpho, with the 942 million dollars Gauntlet curates on Morpho.
Prying Who's bankrolling the curators?
Animated network of issuers, custodians, banks and venture firms, highlighting one connection at a time to show the same names behind most tokenized assets.
Prying Who controls tokenized RWAs?
Heatmap of ten ASEAN countries scored favorable, mixed or unfavorable on holding, cost, buying, using and paying with crypto.
Prying Mapping ASEAN's crypto scene
Diagram of Kraken acquiring Backed Finance, the second-largest tokenized stock issuer, with BNY Mellon custody, Apollo and Coinbase investment links, OKX white-labeling the xStocks, and Bybit, Solana and Gate.io as distribution partners.
Prying Who controls tokenized RWAs?
Route map from Treasury bills through five stablecoins, with a stop on each route showing who keeps the interest before it reaches you.
Prying Stablecoins: Who captures your yields?
Two columns: Chaos Labs, formerly Aave's risk manager, now behind Kraken's yield product, and MEV Capital, whose AUM fell from 1.5 billion to 50 million dollars, still curating a Societe Generale subsidiary's stablecoin vaults.
Prying Who's bankrolling the curators?
Animated character-select screen comparing a human, an AI agent and deterministic code on reliability, speed, judgment, insight, security and protection.
Writing Agentic finance is a dead end
A share certificate with voting rights and dividends next to a tokenized stock shown as a gift card that is only redeemable for price exposure.
Writing The RWA stack
Diagram of Spark allocating 500 million dollars to BlackRock BUIDL, 300 million to Superstate USTB and 200 million to Centrifuge JTRSY, with Steakhouse Financial both shortlisting the finalists and running vaults on rival lending market Morpho.
Prying Who controls tokenized RWAs?
Animated slider dragging leverage from 1x to 200x and showing what holding a 10,000 dollar position for 30 days costs at eight brokerage, perpetual and DeFi venues.
Prying TradFi vs DeFi leverage: 2x by law, 200x by code
Heatmap of ten ASEAN countries scored on reach, paying in person, paying online, cost and who controls the domestic payment rail.
Prying Mapping ASEAN's digital payment rails
A nutrition-label style panel for a tokenized AMC stock listing voting rights, guaranteed dividend and SIPC protection at 0 percent, and no recourse if the issuer fails.
Writing The RWA stack
Comparison of owning a stock through a brokerage, a centralized exchange and self-custody DeFi, covering ownership, what happens if it fails, support and how you get in.
Writing The RWA stack