Rachel Warren

I like that they're leaning into this new area of the space.

It's certainly something to watch.

Yeah, this is an interesting one to watch.

I mean, so far the test has over 100 participants, but that includes major financial players, right?

Like Deutsche Bank, Goldman Sachs, MasterCard, Visa.

So all these sort of traditional companies you think of are onboarding into this space.

And I think that

that engagement suggests that there's a strong interest in using the platform for institutional rails, capital market settlement, real-world asset tokenization.

That could route significant value away from traditional systems.

Do I think that happens overnight?

No.

But I do think we could be looking at some big changes over the next decade or so.

And this ARK network, it's designed to eliminate a lot of the friction and accounting complexity that's associated with volatile cryptocurrencies for transaction fees.

And it's a design choice that's more specifically tailored to business needs.

It's designed to support compliance.

There's a lot of really important features there that align with a lot of the emerging stablecoin regulations we've seen.

And I think that focus is on a much more controlled environment for big capital.

makes it a much more viable on-ramp for institutions that are concerned and rightly so are concerned with their regulatory obligations.

So it'd be really interesting to see how this develops in the coming months and years, but it's certainly, I think, a key pinpoint to watch with this business.

Hello, everyone, and welcome back to Motley Fool Conversations.