SmarterMarkets™ Special Episode | Scenes from FIA Boca 2026
Mar 21, 2026
Stuart Connolly, CEO of CloudMargin, a collateral and margin infrastructure specialist. He explores tokenized collateral, the case for tokenizing money market funds, and how liquidity pools could change margin assets. He warns tokenization must prioritize deep liquidity to avoid heavy haircuts and enable usable collateral reuse.
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Prediction Markets Raise New Integrity Questions
- Prediction markets are shifting from niche to institutional discussion and raise unique integrity and insider-dealing concerns.
- Travis Schwab said prediction markets create complex data and regulatory questions about insider information and market stewardship.
Enable Margin Models For Event Contracts
- Allow margin rather than fully funded models to broaden institutional participation in event/prediction contracts.
- Alun Green suggested margin optimization (Open Gamma) can unlock capital and increase trading in event-driven products.
Boca Has Shifted To Retail Tokenization And Prediction Topics
- Boca is becoming the central forum for retail, tokenization, and prediction market conversations that were once peripheral.
- Anthony Crudele noted retail trading and tokenized stocks (Kraken/Nasdaq) are now front-and-center topics at the conference.