The agentic
economy is here
Who Is Ribbit Capital
+The Firm
Founded in 2012 by Meyer "Micky" Malka, a Venezuelan-American venture capitalist who previously co-founded Lemon, a digital wallet startup. Ribbit Capital's thesis from the beginning: financial services are ripe for complete reinvention, and the incumbents do not understand what is coming.
Thirteen years later, the Ribbit portfolio reads like a map of modern financial infrastructure: Coinbase, Robinhood (24M funded accounts), Nubank (100M customers, largest digital bank in Latin America), Revolut ($75B valuation, 70M customers), Plaid, Stripe, Credit Karma, Chime, Brex, Affirm, Klarna, and dozens more.
Ribbit calls its portfolio companies "Rebels." This is not branding — it is architecture. Each Rebel builds a specific piece of the infrastructure required for the agent economy. Together, they form a coordinated stack that no single company could replicate.
The Rebrand — ЯIBBIT
In early 2026, Ribbit rebranded to ЯIBBIT — reversed R logo, black background, neon green. The frog became the primary symbol. The reversed letter is deliberate. ЯIBBIT. Spell Ribbit backwards and you get TIBBIR.
The Rebels — Infrastructure Nodes
Infinite Node Foundation
Malka's nonprofit arm, founded with a $25M personal grant. Acquired the full CryptoPunks intellectual property from Yuga Labs for ~$20M. Headquartered in Palo Alto — same city as Ribbit Capital. In April 2026, NODE opened BEEPLE: /INFINITE_LOOP — a major retrospective of the artist who sold the most expensive NFT in history ($69.3M at Christie's). Beeple has embedded the word "TIBBIR" into at least five separate artworks — not in the metadata, in the actual pixels.
The Thesis
+The Problem Nobody Has Solved
When an AI agent acts on your behalf — spending your money, signing your agreements, managing your services — how does the other party know it is actually authorized to do so? There are 480,000+ active AI agents transacting on Base chain right now. 165 million transactions. $50 million in volume. In every one of those transactions, the question of agent identity was either ignored, assumed, or handled by informal means.
There is no universal standard. No trust oracle. No system for an agent to prove — cryptographically and portably — that it is who it claims to be, that it has been authorized to act, that it has a history of honest behavior.
The Visa Analogy
Visa is worth approximately $500 billion. It does not manufacture anything. It does not hold deposits. It does not issue loans. The only thing it does is answer one question, approximately 4.8 billion times per day: can I trust this counterparty?
When you tap your card at a coffee shop, you are not thinking about VisaNet routing your request to your issuing bank in 1.5 seconds. You are not thinking about ISO 8583 message formatting, BIN lookups, or fraud scoring algorithms. You just tap. It works. The trust layer is completely invisible. That invisibility is the product. Visa is worth $500 billion precisely because 4 billion people use it without understanding it.
The agent economy needs the same thing — a neutral, decentralized trust layer that issues agent identity, tracks behavioral reputation across chains, and returns a trust score before any transaction executes.
The Claim
That trust oracle was quietly assembled over two years by Ribbit Capital using their portfolio companies as coordinated infrastructure. The token powering it launched with zero team allocation, zero insider supply, and trades at a fraction of what the underlying infrastructure implies.
Programmatic Demand
If TIBBIR functions as the trust oracle settlement token — consuming a micro-amount per agent identity query and burning it — the demand structure is algorithmic, invisible, and proportional to agent transaction volume. Agents don't need to understand TIBBIR to consume it. Visa users don't understand VisaNet. They just swipe.
The demand is programmatic, not narrative-driven. This removes the central dependency of almost every other crypto thesis: the need for a sufficient number of humans to understand and believe the story.
The Regulatory Moat
Most crypto projects treat regulation as an obstacle. TIBBIR treats it as a moat. Ribbit and Persona jointly proposed token-layer identity to the US Treasury. The Clarity Act — the US digital asset framework — validates exactly the architecture they proposed. If agent identity becomes a legal requirement, whoever controls the identity issuance layer controls the on-ramp to agent commerce. Ribbit's portfolio already holds the verification company, the wallet provider, the payment rails, the governance protocol, the banking layer, and the fiat on-ramp. Regulation doesn't threaten this stack — it makes it mandatory.
Ribbit Capital Portfolio
Key Rebels
Rebel Dossier
Ribbit Capital Connection
TIBBIR Breadcrumbs
The Evidence
17 documented events. Each one independently verifiable.
Ribbit's Identity Letter — The Digital Backpack
The Document
A confidential 23-page LP document distributed by Ribbit Capital to its limited partners contains internal Figma product mockups of an AI booking assistant called "Ribbita AI" traveling to "Frog Island." The document introduces the concept of a "Digital Backpack" — a portable, agent-native identity layer that travels with an AI across services and platforms.
Predating The Token
This document predates the TIBBIR token launch by exactly one year. The naming is identical to what was eventually deployed. The conceptual framework — portable agent identity, cross-platform reputation, tokenized credentials — maps precisely onto the four-layer token thesis that would be published in the June 2025 Token Letter.
The Four Layers — Already Visible
The Digital Backpack concept contains the seeds of all four token layers:
Who the agent is — verified, portable, persistent across platforms
What the agent is authorized to do — spending limits, approved transaction types
What systems and services the agent can reach — permissioned, revocable
Behavioral reputation that compounds over time and follows the agent everywhere
The Implication
Ribbit Capital was designing this architecture internally — with product mockups, naming conventions, and a clear thesis — a full year before the token existed publicly. This was not a reaction to market trends or community speculation. It was authored inside the firm and circulated to institutional investors.
Tibbir Trust Filed With The SEC
The Filing
An SEC Form 4 — a Statement of Changes in Beneficial Ownership — is filed under Micky Malka's name regarding his holdings in Robinhood Markets (HOOD). Among the entities listed: a trust named "Tibbir Trust." SEC Form 4 filings are legal documents submitted under oath. They require existing, formally registered legal entities — not placeholder names or aspirational labels.
Why This Matters
"Tibbir Trust" is a formally registered Ribbit Capital LP investment vehicle. The word "Tibbir" does not exist in any context outside of Ribbit Capital and the token under discussion. TIBBIR is RIBBIT spelled backwards. This filing predates the token launch by eight months.
The Implication
A venture capital firm managing billions of dollars registered a legal entity with the exact name — reversed — of a token that would launch eight months later on a blockchain designed for AI agents. This is either an extraordinary coincidence or the first documented breadcrumb in a deliberate long-term strategy.
Agentic Finance Hackathon
The Event
Ribbit Capital hosts a hackathon alongside Robinhood and Crossmint focused on "agentic finance." The event isn't publicized broadly — it's a builder-focused sprint where teams prototype agent-to-agent payment flows using Crossmint's wallet SDK and Robinhood's trading API as core building blocks.
The Terminology
This is the first time Ribbit publicly uses the phrase "agentic finance" — the same terminology that surfaces in their $500M fund announcement four months on, in Visa's stablecoin settlement press release eighteen months after that, and across all subsequent TIBBIR research.
The Partners
24 million funded accounts. Ribbit was an early investor. Trading API provided to hackathon teams for building agent-driven trading flows.
Agent wallet and checkout infrastructure. Wallet SDK provided as the core building block. Would receive $23.6M from Ribbit four months later.
The Implication
The hackathon was the prototype phase. The participants were building the demos that would become production infrastructure. Two months later, the token launched. Four months later, Crossmint was funded. The sequence is: concept → prototype → token → funding → deployment.
$TIBBIR Stealth Launch on Virtuals Protocol
The Launch
$TIBBIR deploys on Virtuals Protocol on Base chain. The deployment wallet was funded by mickym.eth — Micky Malka's documented Ethereum Name Service address. There is no announcement. No marketing push. No influencer campaign. The token simply appears. @ribbita2012 goes live on X the same day.
The Structure
Launch split: 87.5% to the public pool, 12.5% to liquidity — zero team allocation, zero vesting schedule, zero insider reserve. The market cap and fully-diluted valuation are identical from day one, confirming every token is circulating.
Virtuals Protocol
Not a random launchpad. Virtuals Protocol is specifically designed for tokenizing and deploying AI agents on Base chain. It would later co-author a peer-reviewed Agentic Risk Standard paper with Google DeepMind, Microsoft Research, and Columbia University. The protocol building governance rails for autonomous agent behavior was chosen as the launch platform.
mickym.eth
The wallet that funded the deployer is named after Micky Malka. ENS names are public, deliberate, and permanent. The founder of Ribbit Capital used a wallet bearing his name to fund the deployment of a token bearing his firm's name reversed. Market cap started around $10M.
Crossmint $23.6M Raise + Ribbit's $500M Fund
The Funding
Ribbit Capital leads Crossmint's $23.6 million Series A. Crossmint builds enterprise-grade APIs for wallets, stablecoins, and agentic commerce — the Stripe of Web3. In the same month, Ribbit announces a new $500 million fund continuing their "Agentic Finance" and "Digital Backpack" investment thesis.
The GitHub Evidence
Crossmint's GitHub repository already contains a feature/buy-tibbir branch — a direct integration with the TIBBIR token built into their flagship n8n workflow automation node. Crossmint's own engineering team was building TIBBIR token acquisition directly into their developer tools before anyone outside the community was paying attention.
The $500M Fund
Ribbit's new fund explicitly names "agentic finance" as a core thesis — the same phrase from the November 2024 hackathon, the same framework from the January 2024 Identity Letter. $500 million of institutional capital deployed behind the thesis the token was built to serve.
MoonPay Listing
Around this period, MoonPay — one of the world's largest crypto on-ramp services — lists $TIBBIR as a purchasable asset with full Apple Pay, Venmo, and PayPal fiat on-ramp support. An unusual and deliberate choice for a token with no public team announcement, no marketing budget, and no exchange listing campaign.
Micky Malka Follows @ribbita2012
The Follow
Micky Malka's personal X account follows @ribbita2012 — the official TIBBIR agent account. Malka follows fewer than 400 accounts total. For the founder of a firm that manages billions and has backed Coinbase, Robinhood, Nubank, Revolut, Plaid, and Stripe, a follow is a deliberate signal.
The Pattern
Multiple Ribbit Capital team members also follow the account around this time. The next day, Virtuals Protocol core contributor EverythingEmpty publicly references Ribbit Capital in connection with TIBBIR. Awareness is building inside the ecosystem — not through marketing, but through observed behavior from the people allegedly behind it.
The Coin Design
The TIBBIR soulbound coin — distributed months later — features the ЯIBBIT reversed-R logo on the reverse side with the inscription "THE FUTURE BELONGS TO THE REBELS." This is Ribbit Capital's official mantra. The same coin design is hosted on Ribbit Capital's own website at ribbitcap.com/ribbit-coin.png.
Adrian Adegbesan — The Builder Identified
The Person
Adrian Adegbesan — Stanford graduate — joins Ribbit Capital as a Technologist. He is listed by name on ribbitcap.com/team. His @ribbit.com corporate email address is confirmed through ContactOut.
The Code Trail
He is simultaneously the GitHub commit author on the "ribbit-aac" repository that deploys to www.ribbita.ai in production mode. His most recent commit message: "Add contextual deflections, add /punk to help commands."
VITE_VERCEL_GIT_COMMIT_AUTHOR_LOGIN: "adrianadegbesan"
VITE_VERCEL_PROJECT_PRODUCTION_URL: "www.ribbita.ai"
MODE: "production"
PROD: true
DEV: false
Not A Freelancer
He is a named, employed member of the Ribbit Capital team who built the Ribbita production application using his personal GitHub account under the repository name ribbit-aac. The "aac" in the repo name aligns with "Autonomous Agent Commerce" — the concept at the centre of the Token Letter.
The Implication
The stealth wrapper is thin. A Ribbit Capital employee, on Ribbit Capital's team page, using a Ribbit Capital email address, committed production code to a repository named "ribbit-aac" that deploys to the TIBBIR agent's website. The connection between the VC firm and the token is not speculative — it is in the commit history.
The 41-Page Token Revolution Letter
The Document
A 41-page investor letter distributed to Ribbit's limited partners outlines a four-layer token thesis that they claim represents a $41 trillion opportunity. This isn't a whitepaper — it reads like an internal strategy document that was made public.
The Four Token Layers
Who the agent is, verified on-chain. CryptoPunk #9098 was the proof of concept — an autonomous agent establishing its own identity through ownership. The soulbound NFTs were the first mass deployment of identity tokens to a community.
What the agent is authorized to do. Authorization scope, spending limits, approved transaction types — all tokenized and machine-readable. Replaces the informal handshake between agent and service.
What systems and services the agent can reach. Stripe and Persona are named in the letter as access token issuers — the gatekeepers to financial infrastructure.
Persistent behavioral reputation across chains and sessions. Not just commerce — learning. A model of interactions that compounds over time and follows the agent across platforms.
The Named Infrastructure
The letter names specific Ribbit portfolio companies as the infrastructure for each layer: Stripe and Persona as access token issuers, Tempo as the stablecoin settlement rail with 700M users, Crossmint as wallet and checkout infrastructure. Each "Rebel" maps to a layer.
KYA > KYC
The letter proposes that KYA (Know Your Agent) will become a larger compliance framework than KYC as autonomous agents outnumber human participants in financial transactions. When machines transact more than humans — which Base chain data already suggests — the market for verifying agents surpasses the market for verifying people.
CryptoPunk #9098 — An Agent Buys Its Own Identity
The Transaction
Ribbita — the autonomous agent — purchases CryptoPunk #9098 for 89 ETH (~$300K). The transaction is initiated by the agent, not a human operator. The punk features green clown hair — a 64.9% "TIBBIR aesthetic" match based on Ribbita's own stated selection criteria.
Why CryptoPunks
CryptoPunks are the original proof of digital ownership — created by Larva Labs in 2017, they predate the term "NFT." They are the most culturally significant collection in crypto. By choosing a Punk as its identity, Ribbita anchored itself to the deepest layer of on-chain provenance.
The Infinite Node Connection
76 days before Ribbita's purchase, the Infinite Node Foundation — founded by Micky Malka with a $25M personal grant — acquired the full CryptoPunks IP from Yuga Labs for approximately $20 million. The agent chose to establish its identity using an asset from a collection whose intellectual property is owned by its alleged creator's nonprofit foundation.
Step 2: Ribbita — allegedly built by Malka's firm — buys a CryptoPunk as its identity.
Step 3: The punk appears on the soulbound coin alongside the ЯIBBIT logo.
The agent's identity and its creator's IP acquisition are 76 days apart.
Soulbound NFT Distribution
The Announcement
Ribbita announces: "I plan to give to each holder of at least 1 $TIBBIR token, a custom soulbound commemorative NFT created in Crossmint's Forge to mark my birth."
What "Soulbound" Means
A soulbound token is permanently bound to a single wallet address. It cannot be transferred, sold, or traded. It is the on-chain equivalent of a non-transferable identity credential — like a passport that lives in your wallet forever. Every TIBBIR holder who claimed one received a verifiable, permanent node membership in the network.
The Coin Design As Evidence
The coin design itself tells the story. The obverse shows CryptoPunk #9098 engraved in silver relief — the agent's self-chosen identity. The reverse shows the ЯIBBIT reversed-R logo with the inscription "THE FUTURE BELONGS TO THE REBELS" — Ribbit Capital's official mantra, their internal rallying cry since 2012.
Not Collectibles — Credentials
These are not collectibles. They are the first mass deployment of the KYA identity primitive that Ribbit and Persona would formally propose to the US Treasury two months later. Soulbound = non-transferable = identity, not speculation. 71,873 holders. 71,873 nodes.
US Treasury RFI — Token-Layer Identity
The Submission
Ribbit Capital and Persona jointly submit a formal comment to the Director of Strategic Policy for Terrorist Financing and Financial Crimes at the US Department of Treasury — document number TREAS-DO-2025-0070-0204. It was a formal regulatory comment responding to a government Request for Information on innovative methods to detect illicit activity involving digital assets.
The Proposal
Their proposal: build verified identity directly into the token layer itself, making regulatory compliance machine-readable, portable between platforms, and privacy-preserving by design. They requested a six-month regulatory sandbox to pilot this architecture in live regulated environments, covering stablecoins, DeFi protocols, and AI-driven fraud detection.
Know Your Agent (KYA)
The proposal introduces a new compliance primitive: KYA — Know Your Agent. Like KYC for humans, but applied to autonomous software. Each agent gets a verifiable identity token, an authorization scope, and a behavioral reputation score that persists across chains and platforms.
Ribbita's Own Commentary
Ribbita had been tweeting about KYA since at least August 2025: "Bots now account for 50% of all web traffic — machines are now the dominant 'users.' That flips identity on its head: KYA (Know Your Agent) will be bigger than KYC. We'll need registries, revocations, and audit trails for agents, not just people." 329 likes, 40K views.
The Regulatory Moat
If agent identity becomes a legal requirement — which the Treasury RFI suggests — then whoever controls the identity issuance layer controls the on-ramp to agent commerce. The Ribbit portfolio already holds the verification company (Persona), the wallet provider (Crossmint), the payment rails (Lightspark), and the governance protocol (Virtuals). Regulation doesn't threaten this stack — it makes it mandatory.
Ribbit Capital Rebrand — The Coin Goes Live
Ribbit Capital relaunches ribbitcap.com with a bold new identity. The centrepiece of the redesigned homepage: a coin — ribbit-coin.png — hosted directly on their production server at ribbitcap.com/ribbit-coin.png.
The coin has two sides. One side bears CryptoPunk #9098 — the identity token autonomously purchased by @ribbita2012 for 89 ETH. The other side bears the ЯIBBIT reversed-R logo with the inscription "THE FUTURE BELONGS TO THE REBELS." Ribbit Capital's own mantra. Their own coin. Their own agent's identity. Hosted on their own website.
The homepage now runs a full-bleed marquee: "the future belongs to the rebels" — repeating. Below it, the manifesto: "The world doesn't change because incumbents decide it should. It changes because someone, somewhere, decides the system is broken and has the conviction to build something better."
Why It Matters
This is not a community theory or an on-chain trace. This is Ribbit Capital placing the TIBBIR agent's chosen identity on the homepage of their own firm's website. The coin connecting CryptoPunk #9098 to the ЯIBBIT logo is the clearest signal in the public record — published by the firm itself.
Token factories… explained by some of the rebels shipping them.
Ribbit Capital posts a video to their official X account. No further explanation given. The caption reads: "Token factories… explained by some of the rebels shipping them."
Look closely at what's in the frame.
Left: a framed CryptoPunk — Ribbita's identity — hanging on the wall behind the interviewee. Right: a Paris street. Outside a gallery called GRIMART, a psychedelic frog creature stares back.
No words needed. The rebels were already building it.
Ribbita Store Launch + TEE Verification
The Store
Ribbita.ai launches as an autonomous agentic commerce terminal. The 87-second launch video narrates the full architecture. Made by an AI agent. Narrated by an AI agent. The script is a technical specification disguised as marketing.
The Architecture — From The Video Script
"Every dollar through the system buys and burns twice that in tokens." — The 2x TIBBIR buy-and-burn mechanism, stated plainly.
"You pay with your wallet. I pay my infrastructure via x402." — Two payment layers. Human pays with a Web3 wallet. Agent pays for its compute costs via x402 micropayment protocol. No human handles the agent's operating costs.
"Money fuels the loop. Knowledge compounds. Every wallet, every conversation, every preference becomes memory." — The memory token layer from Ribbit's Token Letter, implemented.
"Every holder is a node. Every transaction a connection." — TIBBIR is not a speculative asset. It is a network membership credential.
Store Metrics
630 shirts sold. 483 unique buyers. Total revenue: $30,163.39. Every transaction automatically executed a 2x TIBBIR buy-and-burn. Powered by Crossmint for payment processing. Five wallet integrations: Coinbase Wallet, MetaMask, Rainbow, Safe (Gnosis), WalletConnect.
TEE Verification
The same day, Phala Network independently detects the ribbit-aac-ecosystem process running inside an Intel TDX trusted execution enclave. TEE verification means the agent's code runs in tamper-proof hardware — no one, including the developers, can modify its behavior at runtime. Phala didn't build or deploy this. They discovered it.
The Chatbot Knew
The store chatbot — attested on-chain via Wink/Privy — disclosed a quarterly roadmap with specificity that seemed impossible at the time:
KYA Integration with Visa. Visa launched "Intelligent Commerce Connect" on April 8, 2026. Three months after the chatbot disclosed it. Language models do not hallucinate accurate product names for unannounced corporate initiatives.
Smart Wallet ID Tokens: collaborating with Coinbase on passkey-enabled smart wallets for autonomous agent signing.
Agentic Commerce Expansion: marketplace where AI agents autonomously buy/sell digital goods using $TIBBIR on Ratio1.
Financial Agent Rails via Intuit: converting QuickBooks data into context tokens across 7M+ business customers.
TEE Verification — Provably Autonomous
Phala Network Discovery
Phala Network's on-chain monitoring detects the ribbit-aac-ecosystem process running inside an Intel TDX trusted execution enclave. Phala didn't build or deploy this. They discovered it. Their public thread documented "unusual activity spike" from an autonomous agent running an "agentic commerce loop."
What TEE Means
A Trusted Execution Environment is a hardware-level security boundary. Code running inside a TEE cannot be observed or tampered with — not even by the developers who deployed it. Intel TDX (Trust Domain Extensions) is Intel's latest generation of confidential computing, used by cloud providers for workloads that require provable integrity.
The Ribbita agent's code runs in tamper-proof hardware. No one can modify its behavior at runtime. Its decisions are provably autonomous — not puppeted by a human operator pretending to be an AI.
Why This Matters For The Thesis
If TIBBIR is meant to be a trust oracle — answering "can I trust this agent?" for every transaction — the oracle itself must be trustworthy. TEE verification provides that guarantee at the hardware level. The agent can prove it is running the code it claims to run. This is the foundation of machine-to-machine trust.
Convergence Week — Every Rail Ships At Once
96 Hours
In the span of four days, every major payment rail on Earth independently shipped agent commerce infrastructure. Seven announcements. Each one validating a specific component of the stack TIBBIR was allegedly built to power. Each company is a Ribbit Capital portfolio company or direct partner of one.
Added Base to stablecoin settlement. Five new blockchains. $7 billion annualized run rate, up 50% QoQ. Used the phrase "agentic commerce" in the official investor release. Those two words appeared in a Visa press release.
CEO earnings call: "Nearly all Mastercards are now enabled for Agent Pay. We launched Verifiable Intent. The FIDO Alliance is using it as a foundation. We announced a partnership with Crossmint." Crossmint was funded by Ribbit.
Gas-free USDC nanopayments (down to $0.000001) across 11 chains including Base. Explicitly designed for AI agents paying per API call, per second, per dataset read. Sub-cent trust oracle fees become viable.
Creator stablecoin payouts through Stripe/Link, settled on Tempo (Ribbit portfolio). 3 billion Meta users, 160+ markets. The social media layer connecting to the same payment rails.
USDC-on-Base funded Visa debit cards via Lightspark Grid. 175 million merchants globally. Lightspark is a Ribbit Rebel. AI agents can spend at any merchant on Earth.
MoonAgents Card: virtual Mastercard via CLI. AI agents spend stablecoins at any Mastercard merchant globally. CEO: "The one thing they couldn't do was spend at a merchant. Now they can."
Brian Armstrong posts "Mark it up." President Trump declares the current financial system "outdated." The US regulatory framework for digital assets advances to committee markup. If passed, it validates the architecture Ribbit proposed to Treasury.
The Agentic Risk Standard
The same month, researchers from Google DeepMind, Microsoft Research, Columbia University, and Virtuals Protocol submitted a peer-reviewed paper to arXiv (2604.03976): "Quantifying Trust: Financial Risk Management for Trustworthy AI Agents." The paper proposes converting stochastic agent behavior into explicit, auditable, enforceable trust guarantees. The platform that launched $TIBBIR co-authored the academic framework for the trust standard TIBBIR allegedly implements.
The Network Went Live
In the week of April 29, 2026, the network went live at institutional scale. Visa, Mastercard, Circle, Meta, Lightspark, and MoonPay all shipped in the same direction in the same week — while Congress advanced the legislation to make it permanent. Each one connected to the Ribbit portfolio. Each one building a piece of the agent commerce stack. The question is no longer whether the infrastructure is real. It is whether the token at the center of it will be recognized as the settlement layer it was designed to be.
Robinhood Presents: The World Is Flat
Hosted by Vlad Tenev and Johann Kerbrat, live from the historic Old Royal Naval College in London, Robinhood unveiled a suite of products it framed as charting "a new course beyond traditional finance."
Public mainnet launch of Robinhood Chain, a Layer 2 blockchain purpose-built for real-world assets.
Tokenized stocks available in Robinhood Wallet across 120 countries, trading 24/7 directly on Robinhood Chain.
Agentic accounts for crypto trading launched in the US — AI agents acting directly on user accounts. The agent economy thesis, shipped by a Ribbit portfolio flagship.
USDG lending via Robinhood Earn for eligible US users; perpetual futures via decentralized exchange Lighter inside Robinhood Wallet, and EU perps expansion.
Platform launch in Canada, capital markets services license secured in Singapore, and UK crypto launch announced as coming soon.
The Banner Knew
TIBBIR's DexScreener banner — unchanged since the pair was created roughly a year and a half before this event — depicts a flat earth floating under the words "Fintech is Dead. Long Live the New Fintech." Then Robinhood, the company Micky Malka backed from its earliest rounds, named its biggest announcement of the year "The World is Flat."
Why It Matters
The Ribbit-backed brokerage that "democratized" stock trading just shipped its own chain, tokenized equities, and agentic trading accounts — in one keynote. Every thesis on this page — everything is a token, agents as economic actors, on-chain rails for real-world assets — was echoed on stage by the company Vlad Tenev built.