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Deep & Emerging Tech·October 6, 2026·1 min read

Clarity Fallout, Figure's Mike Cagney, Crypto VCs

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If Figure and crypto VCs are spending airtime on ETF flows and policy, the center of gravity for crypto is tilting further toward regulated, institutional rails. For operators, the relevant question is less token price and more: where can you plug into compliant, on-chain financial infrastructure without taking headline risk.