💣XCN XRP XLM and QNT Holders! Check Out The Latest News Rumors & Connections!

Added: 2026-06-03

[00:00:00]Lord, it's a miracle.

[00:00:03]Man up and vanish like a fart in the wind.

[00:00:09]>> Getting into the latest news and rumors about Onyx coin XCN, it's really like Shok and I have talked about this before and and how it can be kind of difficult to make content covering the project because there is not a ton of updates that's released publicly that you can really find. So a lot of times it's harder. So it's not that we don't like the project still and we're not bullish on it, but you know, updates are either there or they're not, right? We can't just make stuff up and tell it to you. So >> [laughter] >> I mean, I guess we could. I mean, some people do, but we don't do that here. So All right, so the first thing I kind of wanted to unpack the latest update is the partnership with Thirdweb to enable native Goliath integrations. I really wanted to just touch on the partnership and what it actually does really quick. So on April 26th of this year 2026, Onyx officially teamed up with Thirdweb.

[00:01:02]They plugged Thirdweb tools straight into Goliath.

[00:01:06]That's what native integration means, right? It's built-in, not some clunky add-on. So what do you actually get from this is the question. Gasless transactions sometimes, >> [clears throat] >> way easier for developers to build apps, games, or finance tools in Goliath. Now this is important guys because as we often talk about with these mainnets, the success or failure can largely depend on the expansion of the ecosystem, right? Whether people are building on that network or not, right?

[00:01:35]That's your make or break and Kadena as myself and Max and Rue have often referenced great network, no one's building on it.

[00:01:44]So what happened? Just kind of fluttered into nothingness, right? It went out like a fart in the wind. Fart in the wind. And then also a wallet connects smoother as well. So um Shok, I know you had some uh some some stuff to cover in terms of the whole wallet integration uh when it comes to this partnership. So, what do you got for us, brother?

[00:02:05]>> Yeah, um I think it's I think it's first off good to see that the ThirdWeb partnership has uh bled over into the build out of Goliath. It shows a little bit of maturity from the XEN side.

[00:02:17]ThirdWeb originally helped them kind of get that Onyx wallet launched and uh helped with services there. And so, seeing them kind of move deeper into that partnership makes the whole situation look a little more organic.

[00:02:30]Um and that's something you love to see.

[00:02:32]Uh ThirdWeb also, they help with, as Rob mentioned, the native internet payments.

[00:02:37]And so, it's actually good that we can see that in use. So, we get to see kind of both of these companies doing what it is they say they do um with a usable product.

[00:02:46]>> Yeah, absolutely. Absolutely. Very big and and like you said, organic is important, right? Um you you don't want to see these things feel forced or anything like that because that's where you start getting into people flooding the internet with misinformation and and all that kind of stuff. So, this organic growth of both that and the ecosystem together uh pre- pretty bullish for me.

[00:03:04]Um Uh anything else you kind of want to segue into from there?

[00:03:09]>> Uh yeah, you know, XEN is just kind of um they're as Rob mentioned, they're not giving very many announcements. But, uh what they kind of have going here is uh building up to be one of those uh everything all at once type of situations. So, the team has been expanding. They uh they recently listed on Upbit over in North Korea. And then they also signed on, I believe, a community lead from that same area. So, they had a they have a polls uh page set up where you can go and view some of the different polls that have been suggested by the community. And expansion and marketing is one of the things that has been requested by the team. Now, although they're not coming out and showing us a bunch of faces, uh they are uh making good on the agreements that came through. So, we've seen the Korea expansion. We've seen other expansions into the Middle East.

[00:03:53]Uh they now have card services set up.

[00:03:56]Uh so, you know, anyone anywhere who wants to use Visa or Mastercard, whether that be on the euro, the dollar, um or the uh the British pound, uh you can use Visa and Mastercard services wherever those are available. And um it works through settlement over XCN's uh Goliath uh layer one. So, um it is uh it is a working piece of a piece of work that we can verify. So, good to see that from the team.

[00:04:21]>> Yeah, I often chuckle whenever I hear somebody ask me if uh if XCN is dead or if it's something they should move on from uh from you know, from the previous cycle to this one. And I'm just like, man, like it reminds me of last cycle because they were quiet like there was like it was dead quiet on the project.

[00:04:37]The price action was boring for I think it was about 9 months. And we just sat there accumulating in such a small zone of price action. And it got to the point where yeah, like even people in the Patreon were asking me, "Hey man, like should I just sell this and buy something else?" I'm like, "No, man, I'm telling you." And then boom, like 600% move to the upside seemingly out of nowhere over the course of like three or four weeks, right?

[00:04:58]>> Yeah, we had markets coming down at that time, too, right? Uh so, it was it was the timing of it was just the timing of it was wild. And the other thing, too, is like should you sell it? I you know, I always ask people uh you don't want to you don't maybe don't want to throw your whole bag into staking, but 26% on uh staking on Ethereum and then I think it's 27% if you stake on the layer one, which has the uh the liquid staking. Like that, you can build a fantastic bag with very little um Onyx coin.

[00:05:27]>> Yeah, we had we had one of our members over in our Patreon. I'll never forget it. From the last cycle, he was making $11,000 a month in rewards for staking his XCN. I believe the the yield was something around the mid-30% around that time.

[00:05:43]>> What?

[00:05:46]Bro, what are you talking about, man?

[00:05:48]>> Right? And people kept asking me like, well, how how is the how was the rate sustainable?

[00:05:52]And my answer has always been, well, it's not. That's the point, right? The more people who who stake, the the lower the rate gets. It's how it works. It's like a pie. The more people who come in for a slice of that pie, the smaller your slice gets. But while the pie slices are big, you know, you better get after it.

[00:06:15]>> Exactly. It's like a It's a buffet, man.

[00:06:17]Show up with your fork and your plate.

[00:06:18]You know, and make it happen. That's That's That's what I've been saying this whole time. So, yeah, it's fantastic.

[00:06:23]And you can And the other thing about it, too, is, you know, we're we're You're not um you're not bound to XEN, right? You can take those rewards. A lot of people are always saying, you know, I I don't have dry powder. I can't come up with dry powder. You can take those rewards and do with them what you want.

[00:06:36]You said this guy was making 11K. It's ridiculous.

[00:06:39]>> Show me the money.

[00:06:41]>> Uh smart on him because what XEN is providing right now uh is the opportunity We always talked about when we got into crypto. You guys have been in for a while. You've heard the be your own bank, right? You've heard that. And what they're providing right now is the opportunity for you to experience what that's like, um whether you want to do that just through staking or if you want to get yourself involved in farming, which is 50%, which is which is crazy.

[00:07:02]Um there's a lot of different ways you can do that. So, it's really like a I view it as like a learner's token in a lot of ways. You can really learn a lot about the market uh through the token.

[00:07:11]>> Yeah, he was uh he was he was able to quit his job. He He just He was making enough through his rewards to pay his bills every month, and he was like, you know what? I'm I'm done. I'm retired.

[00:07:19]So, any And like you said, uh some people were were taking the rewards, flipping it into stable coin, and then buying filling their bags with Swift or with, you know, one of the other many great projects that we were into at the time. And they were building those bags up essentially for free just from the rewards from their XEN, right? I often use that protocol as an example for other DeFi staking. Um and it cuz it's it's relatable. People in my community, anyway are used to using it now. So, I'm I'm able to partly that into kind of the the standard or the example of how these things work in terms of DeFi protocols, right?

[00:07:51]>> Uh I think it's just pretty interesting uh Shuck you mentioned that they were um getting their Korea operations going.

[00:07:58]Uh XRP has a huge presence in Korea. And um you know, I've seen a lot of things here recently like within the last Well, since Trump has been in a president, right? Has been like things have been tethering themselves to XRP.

[00:08:12]You know, like Charles Hoskinson he used to say, "Oh, you know, these guys are toxic." And then all of a sudden he was like like friendly with Brad.

[00:08:20]>> [laughter] >> And um you know, so it's very interesting that they're getting something going in the uh Korea area cuz shows that they have connections there with Ripple. Also in the Middle East area, we know with uh Valora. Uh shout out to you Max. You one of the first people I've seen talk about Valora. Um they have regulatory clarity over there over with Valora. So, it makes sense for XEN to be in the Middle East as well.

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[00:09:19]>> So, Shuck, you had some research you wanted to share in regards to Pantera Capital. And I was just going to kind of expand upon that.

[00:09:26]>> Yeah, so one of the things in regards to XEN is kind of is kind of checking up on things. So, Pantera Capital was one of the original investors in XEN. They were the uh uh they were the top investor in XCN. And as we come over to the page here, uh one thing that I like to see is to come over here and see that they still have the project listed. So, a lot of things with XCN, you know, people always say, "Well, you know, it's it's old. You know, every everything they've done is is old." But, Pantera Capital is very active in the crypto space still. And Dan Morehead has even gone on TV and and said that there's not very many layer ones that he thinks will make it, you know, maybe like 10 or so.

[00:10:04]But, that being said, we know that Chain and uh Chain is the lead uh developer for the XCN the Onyxcoin token. And so, a lot of the use cases that Chain has are built on the reliance of what Onyxcoin can do. And so, Pantera Capital still having them listed uh as uh as a piece of their portfolio speaks good to the private company Chain. And if the private company Chain is successful, then ultimately um XCN should be successful as well as their utility token. At least that's what we hope, right?

[00:10:35]>> Yeah, Chain's a lot bigger than people realize as well.

[00:10:37]>> You want to go over You want to go Max?

[00:10:39]I could go for I could go for a while on that one.

[00:10:43]>> Well, well, Matt, but right before Max goes, it's pretty interesting. You You guys know uh with um my Swift blockchain coverage, did some research into Tim Draper, right? Uh a lot of companies that Tim Draper's invested in, Pantera Capital is also invested in. That's really That's really uh interesting to look at. I got I was seeing here that they're invested in uh Coin DX, which is an Indian blockchain or uh Indian exchange, like the biggest exchange over in India.

[00:11:09]Um Also here, they're invested in uh Coinbase. He's invested in that as well. Uh Filecoin, he's invested in that as well. Uh also uh down here, they had Okay, Near. Yeah, he's he's in that one, too.

[00:11:28]Uh Polkadot, that one. And then just um >> Wow, it's warm.

[00:11:33]>> exchange over in um Latin America, Ripio. He he's in that one. They're in it, too. Like all these ones they're they're in it he's in it as well.

[00:11:43]Um Also, Zcash. So, like quite interesting.

[00:11:48]And that's just from a glance. I'm sure if I like really kind of looked into this, there might be more. But that's really interesting.

[00:11:55]>> Yeah, I'm I'm actually glad you pointed that out. Um so, to add another bit here.

[00:11:59]>> So, there were a couple >> companies that XCN uh their chain initially supported and have uh at least went on the record and saying that that that these companies launched on their technology. And so, one of those being here is Veem, which is a um which is an invoice servicing company uh that is still running to this day. Their name They've been renamed. Um I I forget at the moment what the original name of the of the uh the company was. But Veem is one of those and Rue mentioned exchanges. And so, we've talked in previous if you go check some of the uh some of the older uh videos with Rob on the channel, uh we talked about some of these. But coins.ph is a uh an exchange out of the Philippines. So, if I can do my ABCs here, uh coins.ph, this is a uh an exchange out of the Philippines. If I'm not mistaken, it's the first or second biggest exchange there. Um and uh it's it's quite it's quite interesting because it was uh it was launched by uh one of the former Binance employees leads it now. Um last I checked. So, coins.ph has been around for a while and that was one that uh that launched on chain. So, very interesting to see that over here as a Pantera Capital um portfolio item as well.

[00:13:10]>> Shuk did an excellent job of pointing out Pantera Capital and their portfolio.

[00:13:14]Okay? So, we're going to do some things here in regard to that.

[00:13:18]Again, since 2013, they have backed more than 100 blockchain companies and 110 early-stage token deals. So, when you heard Rue use the crossover to things like Swift blockchain again the common ground Tim Draper. I mean we are talking about VC money right venture capital money. There's a whole slew of ones that are here that obviously between myself and Real and Shook have have done a lot of deep dives about. One thing I do want to point out though is there's a lot of talk lately in the media etc. etc. about specifically neo banks right.

[00:13:50]This should catch your attention back in February we had this piece from Pantera capital where they point out building permission permissionless neo banks. And more importantly like it says storing spending growing and borrowing money on crypto rails. One thing that really caught my attention was of course where it says crypto neo bank right here and then you literally have some the familiar logos to say at least and of course with Visa.

[00:14:11]On the left you also see Bank of America. We know that Bank of America you got some big connections obviously to Ripple right they're partnered with them and so on right. But nonetheless right here and shout out to you Real you and I have covered a lot about Revolut and things like the Quant Network. Right here it says scroll in the UI of any banking or fintech app today whether it be Bank of America or Revolut. Revolut of course they own a lot of QNT last I checked it was like anywhere from 25 to 20,000 QNT.

[00:14:39]And nonetheless pay and transfer earn yield. Well let's face it we're putting a lot of emphasis on the Clarity Act and and rightfully so right. So when we see that true clarity some people will point out like would we see things like this you know that run in the background would it cause I don't know price action right for the the financial plumbing if you will if if you're plugged into all this with neo banks and so on would you see something happen with your underlying asset like in this case XEN or or any of the other ones right like XRP etc. etc. Something I do here at whether it's at the Coin Bureau or or on my own channel Maximus Crypto is I love to provide actual documents and Stellar has been a lot in the news as of lately, especially today. I just did a piece over at Maximus Crypto about this. This is a real document. It's a three-page document. I want to point this out to you guys, especially those that are XCN holders. You see UK Crypto Asset Statement, uh Onyxcoin XCN docs, uh you know, the document. Right here, it's from Payword Limited, and it's a crypto asset risk disclosure. And it points out specifically, believe it or not, right here is search 101 of Stellar. And like it says here, what is Onyxcoin? Well, you guys know what Onyxcoin is, right? But it says, "Who is behind the project?" And that right there caught my attention. So, uh Rue and I have been covering a lot of the crossover between Zcash and obviously uh Stellar. Same with, you know, Rue, all three of us from Coin Vault, Rob, Rue, myself. But Chain, of course, was founded in 2014 by Adam Ludwin, rebranded in 2023 to XCN.

[00:16:15]Team raised $40 million funding from the likes of Nasdaq, Citigroup, Capital One.

[00:16:19]Well, that right there, I mean, on Maximus Crypto, I showed a lot of Quant Overledger integration to Nasdaq. We also know that Citigroup hosted the Regulated Liability Network and the Regulated Settlement Network. We know about Canton and things like that.

[00:16:31]Citigroup was, again, the host participant. And it was a really, really big deal. Uh yeah, Capital One, Visa, more. But back in 2018, Chain was acquired by Lightyear Corp, a company focused on the Stellar blockchain. And a lot of people have pointed out, like, "You know, Max, you cover a lot of Stellar, why don't you jump into, like, XCN and you know, it's one of those things, you know, I cover a lot of different material, but these things kind of caught my attention, uh especially when I see things like, you know, Onyx Protocol being proposed system for secure multi-asset cryptographic ledger, right? More importantly, here's something I want to point out to you guys.

[00:17:05]We talk about the plumbing, it's important that you see the actual orchestration. Even here from make.com, you have City, again, the connection directly to Overledger to create smart contract transactions. And if anything, take it from there and add different uh functions of a of a multi-dap. That's literally what it's called, m-daps. Uh on top of that, something that maybe Shuck will chime in a little bit afterwards on this. We talked about this backstage. Uh this is something I kind of did on the fly, so this is a surprise to everybody here. I went over to the Quant Network and I looked into the whole thing of do they have like Arbitrum? And one of the new updates is that they do. And in overledger docs.overledger.dev, you see on the self-serve DLT family, so in this case, should we include things like XDC? We'll draw your own conclusion because that would be a family, right? So right here, this is a brand new update. We see six DLT families are available for self-serve onboarding, boom, today. You can register a node and call the network without an account team conversation.

[00:17:59]You see here that the DLT is basically EVM. If you're new to the terminology, uh we welcome you. It literally means Ethereum Virtual Machine. But myself and Rob and Rue have covered a lot in regard to like Zebec with Solana. We know that CBCN is a standout ISO 20022 project that is literally in the Solana ecosystem. But more importantly, as you see here in the notes, this covers every EVM-compatible chain, Ethereum, Polygon, Arbitrum, Avalanche. Before, and I always look at this literally every week cuz I'm obsessed with Quant. I have to be honest, like who doesn't know that by now? But um I I was I thought it was really interesting to see the Arbitrum uh overlap in that regard. We'll come back to that in a in a moment, but I just also want to point this out back to the whole Stellar thing. Stellar has had a lot of news today. Shout out to Rob and Rue, they've been covering it um either on a live show or, you know, recorded videos. So you do see here today, May 27th, depending on when you get this video, you have key people from Stellar sharing the big news in regard to DTCC. And rightfully so, DTCC goes back literally 50-plus years to my knowledge uh when it comes to like capital markets. So you're bringing in the traditional capital markets and they're going to be tokenized, they're going to be bridged over to uh literally some of these things are part of this DLT family. Uh this guy is somebody that you probably are not aware of unless you're like an OG Stellar person, but while we focus a lot on Denelle Dixon and Jed McCaleb, understand there's people in the background that really, really matter. So, there's this guy, his name is Jose Fernandez da Ponte.

[00:19:21]And he points out the big day of uh regard to the big day of DTCC. Again, uh custody of assets on Stellar. And they point out that in the first half of 2027 that DTCC and Stellar that that's going to be a big thing. And I point out in my deep dive on Maximus Crypto that like, "Look, guys, we can talk about Callus all day long, but it's all about liquidity." And that's something that myself, Robin and Rue and I probably even Shook have been pretty consistent on when it comes to like, those are the driving factors. You can have a unicorn mean coin, right? Like, if the mean coin has much liquidity in it, what do you think's going to happen to price action?

[00:19:48]Now, watch this. Something I decided to get into is uh again, to give you guys a little bit more of the nuggets. So, Jose Fernandez da Ponte, chief uh growth officer present, too.

[00:19:57]Of Stellar, right? Building equitable access to the global financial system through blockchain. So, that term, equitable, right? We know when it comes to private equity, DTCC is all over that like Augustine Carstens on cake. But, nonetheless, when we get more into it, I want you guys to see firsthand, again, when you hear people, whether it's Shook, where you hear people like Red Pill Pro, when they talk about the PayPal Mafia, well, here's a real actual document because in this document, we see that you have the gentleman who is basically the one we just mentioned, Jose Fernandez da Ponte, he was mentioned specifically over here. He gave testimony that was prepared for the United States House Financial Services Subcommittee on digital assets and artificial intelligence, um where he referred to as a golden age of digital assets to charting of a path forward. Um again, he had to give actual testimony.

[00:20:43]And to put it uh into layman's terms and whatnot, if you're not aware of it, Jose Fernandez da Ponte served as senior vice president and general manager of PayPal's blockchain, crypto and digital currency, uh that was called BCDC. And um again, he had to spill the beans on some of his thoughts in regard to this.

[00:20:59]Another thing I thought I would bring it to you guys, also, is this right here, uh where basically you're going to see a key mention. And that is in the news.

[00:21:08]So, McKinsey, okay, recently was also featured whether it's from Stellar and so on.

[00:21:14]Um a lot a lot of things Project Agora, central banks, you name it. Um but one day ago, Shut to the Street, they covered that AI is forcing McKinsey, BCG, and Bain. So, think about like Bain Capital might myself and Ru cover a lot of them even you think of uh guys like uh Mitt Romney, right? Bain Capital, right? Many years ago, but um there was this thing about the world's most expensive consultants are quite rewri- uh rewriting, excuse me, how clients pay them and AI is the reason. So, again, when I go back to things like this where you you'll see literally like like Quant Network, right? Like I'll always share so many different integrations with the Quant Network. And one thing I want to point uh put out is that again, you have 3,000 plus AI agents, it's going to happen with other apps in seconds, right? Well, watch this. Right here, you see that from uh McKinsey, excuse me, McKinsey & Company financial services. Well, look at this. Just a few days ago on May 21st, Beyond Stablecoins, the emerging architecture of on-chain money. And right here, they mention specifically shared main lands. Unified ledgers host commercial bank deposits and wholesale central bank money on single ledger achieving interoperability by design.

[00:22:20]Key initiatives include the business Project Agora, which seeks to integrate tokenized deposits with wholesale central bank money for global settlement. And remember how we mentioned the UK at the very very beginning? UK's GB TD tokenized sterling deposits. So, again, when we are mentioning some of these things in regard to uh like so many things the crossover between Pantera and and whatnot, well, it leads me again to this and I'll just make this a quick clip. I want you guys to fully understand why I even am going to do the cross bridge over to things maybe like XCN and whatnot. Again, a DLT family. McKinsey and Capital mentioned Project Agora. Listen to this. This will be real quick. Here we go.

[00:22:57]>> Yeah, I guess final question then we'll wrap up, but there's There's of projects going on from the things we see from Swift to uh the project Agora for example from BIS.

[00:23:06]>> Yes.

[00:23:08]>> You know, are you involved in all of those or are you independent of all of those?

[00:23:12]>> We are involved in in those. Um So, one of the uh So, we are involved in multiple programs. I mean, the the Bank of England synchronization lab. This is key because this will fundamentally change kind of like payments going forward, right? This is game-changing from a from a uh from a financial infrastructure perspective. We are involved with the European Central Bank as well as we are involved with the Bank of Japan. So, as I mentioned, one of the key markers of sort of the evolution of of the technology and innovation is really the focus of the central banks and the and the sort of regulatory bodies like the um financial services agency that's in Japan or the Financial Conduct Authority in the UK, right? So, we are actually working with not just commercial banks and consortiums, but we are also working very actively with the regulators.

[00:24:02]>> When we look into the fundamentals of it, it's a DLT family. So, back to even Rob, he's said this numerous times, something that we probably should put on merch at this point. Where you have a multiverse world. And clearly, we see the XCM plug to things like Stellar. And even in documentation, I'm not going to do it now, but if you go even to Quant Overledger, we see in their documentation Stellar integrations. We see obviously Ripple, IOTA, Algorand, you name it, right? So, I'd be really interested to see what you have shown in regard to Arbitrum. It was a surprise to me to see now new updates in regards to Arbitrum. So, to me, there is some crossover here. And maybe at some point we'll go further into it, but that's what I have.

[00:24:40]>> Fantastic. Max is giving me the quiz today, everybody. And uh I'm not going to shy away from it. Let's do it. So, up on the screen here, we've got We're Let's talk a little bit about the Arbitrum situation. So, I don't really like to dodge things when there could be, you know, some questions. And I think this right now is a question. So, what we're looking at right now is the web page for the layer three for Onyx or XCN.

[00:25:03]And this their layer three was built on Arbitrum. So, they have worked with Arbitrum before. The layer three was built on Arbitrum and then secured by base.

[00:25:12]And what's bringing the the question right now, if you will, was this seemed to be a pretty promising move. There was a lot of votes to support it. But, XCN and or Onyx coin have now kind of backed away from the layer three. They voted to deprecate it.

[00:25:28]However, Arbitrum is still listed on their wallet and they have not shut this site down yet. If we come over to their application here where they have the governance is where you can verify that. So, they have um an OIP-65 here, the point system migration to the layer one in Ethereum and then the layer three deprecation for capital efficiency. So, they're moving that liquidity back to the layer one um either for it wasn't it wasn't very well disclosed in the OIP, but either for either a lack of of actionable, you know, insights um or maybe it just didn't do it just isn't going to, you know, be the most efficient solution for they want to work out there. Uh so, this is uh it's interesting, but again, as uh Rob mentioned earlier, they're working with Thirdweb and Thirdweb uh was first mentioned to us at the time that we got the launch of this layer three. So, again, they are working organically. I'd be curious to see uh what continues there with uh with Arbitrum and where that relationship builds. Now, Max mentioned the PayPal mafia. Now, that's an interesting subject. So, what we have here, I'm going to show you guys I'm actually going to pull up a document uh because I know we love those. So, this right here is one of the documents for uh for Chain and the uh the transfer of ownership.

[00:26:40]You can see here Adam Ludwin, uh the original founder there, he's listed as an executive officer. Um and down here we have this interesting name, Keith, and it's spelled as Rebos, okay?

[00:26:49]Uh they actually misspelled his name, but when you go to look into it, it is indeed uh Keith Rabois. And Keith Rabois is very interesting. As Max mentioned, the the PayPal Mafia.

[00:26:59]When you look at Keith here, he's a well-known investor from Coastal Ventures, which is um uh in in short, an investment firm, and they invest in a lot of uh new and emerging technology. But, this guy has a a resume that's out of this world. Um he's a receiver. He's a recipient of the uh the the Midas award. So, you know, he's he's got the Midas touch for real. No Rick Ross. Um at Coastal Ventures, he led the first institutional investments in DoorDash, Affirm, and Fair. Invested early in Stripe, and co-founded OpenDoor. Uh while a general partner at Founders Fund, he led investments in Ramp, Trade Republic, uh Trade Republic, and uh Aven. And before that, early personal investments in YouTube, Airbnb, Palantir, Lyft, Udemy, and Eventbrite. I mean, this dude recognized on the Forbes Midas list, ranking as high as number four in the US and eight globally. So, uh it says down here also, he started his technology career with leadership roles at PayPal as their EVP of business development. So, he was not just at PayPal, you know, as some Joe Schmo. He was the executive vice president of business development uh for the PayPal Mafia. And as they say, you know, you got the Midas touch. Essentially, it essentially means whatever you whatever you touch turns to gold. So, um he has he has touched Onyxcoin here, uh which is uh which is quite interesting.

[00:28:15]So, although, and I guess I'll close it out here. Although, the Arbitrum may be a little a little bit of sour grapes. Um we also, when we take a look at the Chain website here, they've got the the Pax dollar, Ripple USD, again, the dollar, the British pound, the euro, uh Tether. And as Rue mentioned very early on, uh Ripple is doing work over in Korea as well. Uh there's a a fair amount of uh articles about Ripple working with different banks over in South Korea. And so, again, go figure. Chain and X E N are now also operating over in South Korea, and it's also a coincidental that they can work um with rUSD. So, very interesting stuff there.

[00:28:57]>> Nice. So, it looks like Rue has something he wants to compliment uh what you're talking about with. Is that true, Rue? You got something You got something ready to go there?

[00:29:05]>> Yeah, I'm going to I'm going to make sure we all leave with something.

[00:29:09]That's a quote out of Denzel. Here. So, um this is a nice little mind map I like to refer to and to give credit to the person who made it, xx_1133_1221_11.

[00:29:22]This is like a PayPal mafia mind map.

[00:29:26]You can see Keith Rabois in the top right-hand corner here.

[00:29:30]LinkedIn, PayPal, Founders Fund, which funds a lot of different great projects and But, if you can see all the PayPal connections we got, I Microsoft, but of course, we got the big two down at the bottom here, Elon Musk and Peter Thiel, Stripe both Stripe, Tesla of course, Palantir, OpenAI, SpaceX, you know, so you you know those two. Um Peter Thiel's a Stanford guy, and we got multiple Stanford guys here, Reid Hoffman, Mike Kennedy, Zell.

[00:30:07]Um I think he has some other connections here, um Interstellar, American, uh Stellar.

[00:30:15]We got uh Ed Ho here.

[00:30:18]Then we have here Chris Larsen, another Stanford guy, Ripple guy.

[00:30:23]We have Jed McCaleb of course, Stanford Ripple guy or I'm sorry, he's not a Stanford, but he is a Ripple guy, Pantera Capital guy who we led the show off with their ecosystem and all the things they're invested in. Well, Jed McCaleb's one of those guys uh that's connected to that. Of Of we know David Schwartz and XRP here.

[00:30:44]We have here he likes my hat.

[00:30:47]Oh yeah, he loves Rob's hat. Missed opportunity there Rob to give Dave Schwartz your hat, but hey.

[00:30:55]You can wear it when we go back next year.

[00:30:59]Um here we have um Patrick Collison of Stripe and he's also of something else. I can't think of it off the top of my head. Um Stellar.

[00:31:11]And anyone else I missed? Yeah, David David Mazieres really really big with Stellar. Got Google and another Stanford guy and apparently DARPA there, right?

[00:31:22]Shawn Bennett Stellar Stronghold. So all these PayPal Mafia guys, but just wanted to mention Keith Rabois there like another connections when you think about him being connected to Musk, Thiel and this whole crew here, right?

[00:31:38]>> The gang, absolutely, man.

[00:31:40]Absolutely.

[00:31:42]I got just one thing to compliment Shuck and Rue real quick. I'm I'll make this super quick, I promise. I just want to share this. So Shuck basically just shared obviously layer three, all right? So we know that XTN kind of moved on from that to say the least, but again I want to draw some more parallel here. I think it's important that I do that just briefly. So a while back, right? We have actually not even that far back. We're talking like literally about a month ago. Look at this guys. On the 23rd of April 2026 Quant Network points out the three-layer digital money architecture.

[00:32:15]Oh, you don't say.

[00:32:17]>> Great Scott.

[00:32:18]>> [laughter] >> Cook max.

[00:32:21]All right. All right. I thought that would grab your your attention, my friend. So a framework every bank needs.

[00:32:25]Look at the terminology here, everybody.

[00:32:27]A framework every bank needs to understand before building tokenization infrastructure. All right. So shout to you, Rob. You pointed out I believe in one of our lives about I think in regard to either Canton or Zubek in regard to like Bundesbank and whatnot.

[00:32:42]So it said working independently or together the BIS, which is the central bank of central bank, Bank for International Settlements, the Bundesbank, Bank of England, Hong Kong's Monetary Authority, and commercial banks across three continents have converged on the same fundamental architecture for the digital money system of the next decade. Look what says here, separated to three layers any bank building tokenization infrastructure 2026 needs to understand the concept including tokenization or excuse me including the horizontal interoperability layer connecting them before committing capital to any single component. And then over on the right side, and this is from Gilbert Verdian this isn't from you know old Max just trying to be speculative or whatever. The three-layer architecture says Gilbert Verdian functions as a coherent system only when all three layers can communicate with each other and with legacy infrastructure.

[00:33:29]Whoa, all right, and look at this.

[00:33:31]This is also important. The ECB, which is European Central Bank private contest is developing a DLT settlement layer that links market platforms to the Eurosystem's target services to settle transactions central bank money with a pilot schedule for quarter 3 2026. So we're not even there yet. All right, and honorable shout out to Canton. Remember how we're always talking about synchronization? They have the global synchronizer. Do you find it also interesting that the Bank of England synchronization lab, which is what Quant participates in as a synchronization operator, is testing atomic multi-party settlement. So again, Quant understands it's not going to just be what they're doing. They're leveraging all technologies. Will we have something like XTN included in that? Could be. Now just real quick, this is good too. Shout out to Rio, we covered this before. And also Rob.

[00:34:13]Rio, I'm sure you remember the whole thing of what we covered with Ramp. For our listeners that might be new, Overledger has integration with Ramp.

[00:34:19]Why am I sharing this? Shook just flashed up on the screen earlier with um Mr. Rob Greifeld, right?

[00:34:26]Uh the PayPal mafia and whatnot. And on that screen it mentioned Ramp, it mentioned Stripe. We have already shown uh Stripe integration to the Overledger, but we also have Ramp. You also have the premium and sandbox version. So, this basically means in a nutshell, you have for the developers and you have of course the corporate card. Now, watch this. Three more tabs and I swear that's it. 1 day ago, do you find it interesting that Ramp and TD Synnex partner to bring modern financial operations to the global technology channel. Now, watch this as well. Taking it further into it, who the heck is TD Synnex? Well, TD Synnex continues to bolster Microsoft support. Now, I want you guys to think about that for a moment because TD Synnex was an American multinational corporation that provided information technology services to businesses. It merged with competitor Tech Data to the form uh to form, excuse me, TD Synnex. It was found all the way back in the 1980s. Now, watch this. Just in case you're wondering, "Oh, this ecosystem, that sounds interesting."

[00:35:18]Well, it's also interesting that we have 24 integrations of Microsoft in their ecosystem and their products also into the Overledger. I find it interesting. I don't find it being a coincidence at all, but nonetheless, back to what Rob always mentions and that is we live in a multiverse world and uh this was this was fun. It was fun doing this on the fly collaboration.

[00:35:39]>> And and just to like talk about that just a little bit, um so guys, we already So, we connected XDC and not only to the PayPal mafia, in which I showed you that PayPal mafia uh mind map, in which we got Elon Musk, Peter Thiel, David Schwartz, and Jed McCaleb, which would then connect um XMoney, Stellar, and also um XRP.

[00:36:02]We also had Quant connected there, right? So, again, all of these guys are playing.

[00:36:08]This is the you know, the new form of money. Stablecoins are going to be here to stay.

[00:36:14]>> The The early adopters are the early winners. I've been saying it for a while now. It's starting to become obvious who the early winners are going to be. Now, there will be other narratives and other winners to come you know, once this integration and adoption is complete, but uh it's really starting some of the some of the leaders are starting to separate themselves from the pack and we're starting to see that in real time.

[00:36:33]So.

[00:36:33]>> Yeah, I just want to explain. I know we I know we're getting long in the tooth here, but I just want to explain why I got so excited about seeing that from Max because you see that Chain and XCN decided to move on from the layer three, right? We don't know why. Why would they have done that? Well, if a superior technology or somebody who's figured out how to do it better exists, why would you waste your time trying to compete with a quant? As we as we all know we're moving into a multi-chain world. So, although that may not be the 100% confirmed answer, to me that makes a lot of sense. And so hopefully we get more answers when the AMA comes around, but fantastic job, Max.

[00:37:07]>> I appreciate that, especially coming from you guys cuz I know you guys do excellent research for the last few years when it comes to XCN. I mean, Rob, we were so early in it. Rue, so I'm I'm glad to finally bring something to the table.

[00:37:20]This is I swear this is just the icing on the cake. This just happened as as Chuck mentioned it. So, again, guys, remember Mr. Rue Bois.

[00:37:28]I think you'll like this. So, right here, remember how we talked about the PayPal mafia? Right here, we're going to end it with this.

[00:37:33]Right here, you have four integrations into the Overledger that PayPal related.

[00:37:37]Of course, native PayPal. You have Fraud Labs Pro, which also has some in it. But this bottom part, shout to literally Mr. Rue Bois. This might be the smoking gun.

[00:37:45]There's this thing called upgrade.chat and boom, you have both PayPal and Stripe is verified partner bot. So, that tells me, hmm, interesting.

[00:37:55]Uh there's something there and I I love how you flashed you know, Mr. Rue Bois's uh I guess you could say some of that some of that piece on him. There was so much there, right? Stripe. But to see both PayPal and Stripe and boom, the Overledger, I've never seen that before together in one.

[00:38:11]>> The connections are unreal, man. When you do the digging, absolutely. Guys, let us know in the comments section if you want us to cover XCN on X-Coin more, if you want more dives into it, definitely let us know because we can't make content about something if we don't know you want to watch it, right? The views, the comments, the likes will will feed the algorithm, and the algorithm will let us know whether you want to see more Onyx coin. So, make sure that you are engaging, and make sure you're joining the Coin Bureau today. Link will be down in the description.

[00:38:41]For me >> Also, just real quick, I'm so sorry.

[00:38:44]If you guys, please give Shook a a follow. He's got great content. I just want to throw that out there.

[00:38:49]>> Yeah, absolutely. I was getting to it.

[00:38:50]Uh make sure you subscribe to Shook Focus.

[00:38:53]Obviously, Maximus Crypto, Crypto Future, and Ru Black if you really want to.

[00:38:59]We love We love the Ru crew. Absolutely.

[00:39:01]Join Ru's channel, too. Subscribe, guys.

[00:39:04]Uh hopefully we'll have Shook on a lot more often, as well.

[00:39:07]And we will see you guys in the next one. God bless.

[00:39:10]>> God bless. That was a lot of fun. Thank you.

[00:39:12]>> Peace, guys.