Publications | Maven 11

Publications

News, insights, research papers and press from our team.

Sculptural white oval waterfront pavilion surrounded by deep teal water

InsightsNovember 6, 2026Maven's insights October 2026 October brought a landmark step for institutional adoption as ICE agreed to bring Hyperliquid-based perpetual futures to US clients, subject to regulatory approval. Hours later, Binance’s $6.3 billion hot-wallet hack shifted attention back to operational security. Alongside these developments, the CFTC and SEC continued setting out proposed crypto frameworks, while issuer objections challenged tokenised equities at OKXICE. At the infrastructure layer, Kinetiq’s Elysium and Celestia’s Eden, Fibre and Voyager pointed towards new environments for trading and agentic commerce.

Maven's insights August 2026

InsightsAugust 31, 2026Maven's insights August 2026 With the CLARITY Act stalled in the Senate, the rule-writing was taken by the agencies themselves in August: the SEC proposed a bespoke crypto offering regime. This agency action creates a backstop ahead of the procedural vote regarding the CLARITY Act on 15 September. Rule-writing of a different kind played out on Solana, where the network's first binding governance votes tightened its monetary policy and formalised how future decisions will be made.

Maven's insights July 2026

InsightsAugust 5, 2026Maven's insights July 2026 July was dominated by the question of whether regulation will come about anytime soon. The Clarity Act came within days of a Senate vote before being put off for now, the SEC signalled it stands ready to write crypto rules itself if the legislation flounders, and the sector's remaining disputes hardened into litigation, from New York's $36 billion suit against Kalshi to CME's fight with the CFTC over perpetual futures. Lastly, Vitalik Buterin laid out a rebuild plan of Ethereum that he places on par with the Merge in terms of importance.

Maven's insights June 2026

InsightsJuly 6, 2026Maven's insights June 2026 June extended the institutional convergence that has defined the year, but the centre of gravity has shifted towards stablecoins. The month's defining event was the launch of OpenUSD, a revenue-sharing stablecoin backed by more than 140 of the largest names in payments and finance, an arrangement widely read as a direct threat to Circle. Around it, the largest US banks moved to defend their deposit base with a shared tokenised network of their own, the tokenisation of public equities and private shares became a live commercial product rather than a pilot, and the perpetual futures opening we covered at the end of May hardened into an outright legal confrontation between CME and the CFTC.

Range: The Control Plane for All Programmable Value Flows

PressJuly 3, 2026Range: The Control Plane for All Programmable Value Flows Range, one of Maven 11's most recent portfolio companies, has announced an $8.3M Series A raise

Maven's insights May 2026

InsightsJune 5, 2026Maven's insights May 2026 May proved to be a defining month for crypto market structure legislation in the United States. After months of legislative gridlock and back-and-forth between crypto firms, banks, and the White House, the Senate Banking Committee finally advanced the CLARITY Act with bipartisan support. This breakthrough was paired with continued institutional engagement, headlined by Circle's $222 million Arc blockchain raise involving Wall Street heavyweights, and a notable shift around Hyperliquid as institutional pressure on US regulators intensified. Meanwhile, exploits continued to plague the ecosystem with familiar single-point-of-failure patterns.

Maven's insights April 2026

InsightsMay 5, 2026Maven's insights April 2026 April opened with two of the year's most damaging security incidents, targeting very different layers of the stack but sharing a common thread, in line with last month's Resolv exploit: avoidable single-point-of-failure configurations. Overall, April would have shown slower developments and less action-packed news headlines, if it were not for the unfortunate exploits.

Maven's insights March 2026

InsightsApril 3, 2026Maven's insights March 2026 March proved to be a defining month for crypto's relationship with traditional finance and regulatory institutions. From the CFTC and SEC issuing coordinated interim guidance, to the US Treasury softening its stance on crypto mixers, to the famous stock exchanges integrating tokenized equities platforms, the boundaries between decentralised and centralised finance continued their accelerating convergence. Against this backdrop, Hyperliquid cemented itself as a major player in global macro trading, with oil perpetuals hitting over a billion dollars in daily volume amid the Iran conflict, drawing extensive coverage from traditional news outlets like Bloomberg, Fortune, and the Wall Street Journal.

Maven's insights February 2026

InsightsMarch 5, 2026Maven's insights February 2026 This month, major institutions moved into DeFi ahead of the CLARITY Act. Apollo partnered with Morpho and BlackRock integrated with UniswapX, both acquiring protocol tokens. Ethereum underwent a technical overhaul while Aave lost key contributors over a controversial v4 proposal. We also cover LayerZero's Zero launch, Hyperliquid's prediction markets, and the CLARITY Act stalling in Congress.

Maven's insights January 2026

InsightsFebruary 4, 2026Maven's insights January 2026 January saw significant developments concerning both Ethereum and Hyperliquid. A substantial portion of the month was dominated by the US market structure bill and its lack of bipartisan support. Although January proved itself as an underwhelming month in terms of market performance for crypto assets, institutional adoption still shows no signs of slowing.

Maven's insights December 2025

InsightsJanuary 6, 2026Maven's insights December 2025 December was slower than usual, largely due to the holiday season. Even so, there were several notable developments, with much of the progress concentrated in the Ethereum and Solana ecosystems as both advanced meaningfully at the protocol layer.

Maven's insights November 2025

InsightsDecember 4, 2025Maven's insights November 2025 Amid a tougher liquid market, November still brought forth a wave of developments across tokenization, stablecoins, prediction markets, and institutional infrastructure. Alongside this there were several high profile exploits that reignited debates on infrastructure reliability.

Maven's insights September 2025

InsightsOctober 2, 2025Maven's insights September 2025 September was a defining month for stablecoins. Tether rolled out USAT, its GENIUS Act–compliant stablecoin, and is reportedly raising funds at a $500 billion valuation, putting it on par with global tech leaders. At the same time, Stripe introduced Tempo, a payment-focused blockchain designed for large-scale financial services.

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