Tom Schmidt

You've eaten up a pretty good share of legal staking volume.

Where do you go next?

I think if I look at something like EtherFi on Ethereum, there's only so big the restaking market can be.

And we moved into building a neobank, which has been pretty successful.

It seems like Jito is kind of going the opposite route of, hey, where do we kind of go next?

What's the next big market?

And obviously, there's a lot of synergies between a product that can do

you know, really good order routing and really good block building and something like a perp text, which, you know, naturally needs, you know, a matching engine that has fairness and transparency and, you know, good execution.

So it's cool.

I'm excited to see it in the wild.

I think, at the very least, I don't think we're seeing, you know, a bunch of leverage or credit being pumped into this that is going to kind of unwind at some point.

That is true.

That is true.

Luckily, it's self-contained.

It's like a little implosion in a dome or something like that.

But I also think we're working our way through the alphabet when it comes to the TXs.

You know, we already had FTX.

there's no GTX luckily we got HTX we got JTX I don't know what's next but you know I would encourage entrepreneurs maybe to you know think outside the box a little bit and there are other naming conventions get away from the X yes yeah what is TX is that a thing at all

I don't think so.

I forget what FTX stood for initially.