Eraserhead Capital retweeted
Wonder if @aleabitoreddit will find this as $CCXI / @agilityrobotics buys from as $NTWO / @FortRobotics. $NTWO float(trust) is 17.25M and $CCXI 41M.
$NTWO new DA with FORT Robotics, $500M EV, current price $11.17 ($10.78 NAV value for the SPAC)
They build hardware and software for robotics to make them safe to operate - whereas CCXI (Agility Robotics) directly builds humanoids
FORT Robotics partners with NVIDIA and Google. PIPE with Tiger Global, Prologis Ventures, Mark Cuban
SPAC has 17.25M float. 6M shares traded so far- good start towards churning the arbs
fortrobotics.com/
(im heavy long both ccxi + ntwo)
Eraserhead Capital retweeted
$CEPT : Securitized, the leading real-world tokenizing platform, announced on 6/5 that their merger proxy is now effective and vote date set for 6/29. Upon closing the company will trade under the ticker $SECZ
I picked up a small position last week. @SPACLiquidity put a great thread together back in April and is worth a read.
6/5 Press Release: prnewswire.com/news-releasesā¦
This quoted post is unavailable.
Eraserhead Capital retweeted
SEC just delayed its plan to let crypto firms trade tokenized US stocks. Headline reads bad for the sector. Itās actually good for $CEPT (@Securitize).
The whole point of the exemption was to let Coinbase($COIN), Kraken, and DeFi venues skip full broker-dealer registration. @Securitize already has that registration. The exemption was a shortcut around them, not for them.
On May 4, FINRA approved @Securitize Markets to custody tokenized securities, underwrite tokenized IPOs, and settle onchain against stablecoins. All inside one broker-dealer. First firm in the US to do all three. Thatās the moat the exemption was about to flatten.
Peirce came out yesterday saying the rule will be ālimited in scopeā and only cover tokens that represent real registered shares. That kills the synthetic wrapper model. Issuer-led tokenization wins. @Securitize is issuer-led.
The sticking point in the draft was third-party tokens. Tokens issued without the companyās consent. Dividends, voting, KYC all break when the issuer doesnāt know who holds the token. Regulators are spooked. Issuer-consent models walk through clean.
Eraserhead Capital retweeted
The stablecoin market sits at $319B today. GENIUS Act reserve mandates hit July 2026.
If 10-15% of that float routes into @BlackRock BRSRV(BlackRock Stablecoin Reserve Vehicle)-type products, youāre at $30-50B AUM before bank-issued stablecoins and international players enter.
$CEPT / @Securitize projected $9B total AUM for full year 2026. BRSRV alone could dwarf that.
Exciting stuff!
The @BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) names @Securitize / $CEPT as the official transfer agent. This is a brand new fund, filed May 8, 2026.
This fund is operationally designed as stablecoin reserve infrastructure, not just a tokenized MMF. @Securitize isnāt just a vendor here, theyāre the backbone of the whole compliance, whitelisting, and token lifecycle system. š
sec.gov/Archives/edgar/data/ā¦
Eraserhead Capital retweeted
Get in bitches weāre going shopping šļø
Todayās stock is $ORGN. They just announced their liquidation on Friday after hours
It tanked down to $1.70 ($9m mkt cap) in after hours / overnight trading
āSo why the fuck are you yapping about this micro crapā you ask? š©
Well, Itās always the BALANCE SHEET BABY š¼
$80.9m current assets
$53.4m total liabilities
Headline NCAV $27.4m but maybe youāre conservative š¤ and shave off inventory, prepaid assets and haircut land/receivables to put you at $22m
That still leaves $72.9m in plant, property, and equipment ā¼ļø
Of course this was not a profitable business (so not my type š¤¢) and burned $32m in cash flow last year (SO not my type š¤®). The good news is they announced 59% layoff and their R&D spend will likely drop precipitously.
But thereās also severance, asset sale, and other liquidation costs to model here š§āāļø
I think the bear case is they still find a way to still burn $30m in cash this year meaning they burn off their NCAV entirely and only recover <30% of listed PPE.
That would put their net liquidation at
+ $22m NCAV
+ $22m PPE (@ 30% recovery)
- 30m cash burn
= $12m liquidation value
At a market cap of $9m, thatās not bad .. at all
And the upsides huge
If they reduce R&D spend massively, severance costs are minimal, donāt overspend on liquidation costs, and recover 50%+ of PPE (the heavy hitter š„), this thing might be worth triple what it is now.
Worth taking a swing! Iām in at $1.70 for a small-ish position
Always size accordingly
You never 100% know with these type of things, it only takes one thing you missed
Eraserhead Capital retweeted
$EVLV land & expand. This article has valuable info if you want to understand basic unit economics and why the shift to direct hardware sales creates ST noise on financials but contributes to explosive EBITDA and FCF.
This district's expansion contract has a HW purchase + AI software subscription @ $106k 4yr TCV/unit, (~$85k after $MSI cut) to $EVLV on a unit costing ~$23k to make (and getting cheaper everyday). Even before the SaaS, $EVLV is already making a decent margin on the hardware by going direct. Then layer in 4yrs of 80% GM recurring revenue. Yr 1 gross margins in this deal look VERY different than Yrs 2-4! But on a consolidated reported basis thanks to the high class problem of fast unit growth, gross margins get compressed by layering on new purchase deals.
All that's left below here to get to EBITDA is 1) fixed OpEx and 2) Unit CAC. And this deal has $0 CAC because its an expansion (and 50% of EVLV deals every Q are expansion orders...). Make your own assumptions about G&A growth and you'll arrive at substantial leverage potential. Can debate EV/Revs all day long but Street will be talking about EBITDA & FCF pretty soon (unless they intro new products, do M&A and scale even faster...in which case it will continue to be one of the fastest growing FCF-generating hardware + software publics in the mkt).
*Also this is technology that keeps guns out of schools, hospitals and stadiums. Will we need more or less of it in the future?
Investor Day is June 9th.
wsmv.com/2026/04/16/wilson-cā¦
Eraserhead Capital retweeted
11:30am release of Aus defense budget.
Current commentary includes
"We need more drone and counter drone"
"We need it fast. We are behind where we need to be"
"We need to spend more."
Bullish $EOS.AX
Will be discussing in real time in my discord, link in profile.
youtube.com/watch?v=vOTiJkg1ā¦
Eraserhead Capital retweeted
The Quantum Computing Stock Landscape (April 2026)
Pure-plays ripping +12-56% today on NVIDIAās Ising AI model.
Hereās where valuations stand:
ā¢ $IONQ - $15.86B mkt cap
Trapped-ion leader, DARPA HARQ contract, on AWS/Azure/GCP
ā¢ $QBTS - $7.63B mkt cap
Only company shipping commercial quantum HW, 179% rev growth YoY
ā¢ $XNDU - $7.46B mkt cap
First public photonic quantum pure-play, listed March 2026
- $RGTI - $6.35B mkt cap
108-qubit Cepheus system launched, chiplet roadmap to 1,000+ qubits
- $INFQ - $3.25B mkt cap
Neutral atom + quantum sensing, newest SPAC entrant
$QUBT - $2.11B mkt cap
Photonic chips + Qatalyst software, gov contracts
ā¢ Horizon Quantum $HQ -$630M mkt cap
First public quantum software pure-play, Triple Alpha IDE, Nasdaq listed March 2026
Eraserhead Capital retweeted
$EOS.AX
My thoughts on the Germany relationship, and how it will become transformational for EOS throughout 26/27.
open.substack.com/pub/optimuā¦
Eraserhead Capital retweeted
The ātokenization of everythingā just moved from whitepapers to real market structure. Yesterday, the NYSE $ICE partnered with Securitize $CEPT to build a 24/7 digital trading platform.
The NYSE didnāt just upgrade trading. It just started rebuilding the ownership layer of the marketāwith @Securitize.š§µ
Eraserhead Capital retweeted
Exclusive: Securitize will become NYSEās first digital transfer agent, allowing it to create shares for stocks and exchange-traded funds as digital tokens on a blockchain on.wsj.com/3Nyh8Pj
Eraserhead Capital retweeted
$CEPT / $SECZ wild news today & implications:
* NYSE premier design partner = they are writing the standard = regulatory moat building
* Original 2026 projection ~75 public equities -> now potentially up to 2,800 NYSE equities
* Further institutional validation: First Blackrock, now NYSE choosing Securitize for tokenized equity infrastructure.
This is what a layup looks like, gang.
So summarizing, @securitize will be the first TA and tokenization platform chosen by @nyse, we will be their design partner for their digital transfer agent program to develop standards for native tokenization and on-chain settlement of tokenized securities, and our BD Securitize Markets will be a market participant on their upcoming Digital Trading Platform. Very proud and humbled to have been chosen by @nyse for this role, and thanks to @mblaugrund for steering the partnership
Eraserhead Capital retweeted
We have just announced a major partnership with @NYSE to support the development of tokenized securities markets, with Securitize named as the first digital transfer agent eligible to mint blockchain-native securities for corporate or ETF issuers on the upcoming NYSE-affiliated tokenized securities platform (the Digital Trading Platform). But there is more to it š
Eraserhead Capital retweeted
$CEPT / @Securitize WOW!!
Eraserhead Capital retweeted
$CEPT @Securitize
NYSE Partners With Securitize to Develop 24/7 Tokenized Securities Platform
Under the exchangeās plan, stocks would trade as digital tokens - wsj.com/finance/stocks/nyse-ā¦
Eraserhead Capital retweeted
šØ UNDER-THE-RADAR ALPHA ALERT $CEPT: Nobody talking about the 2:55 PM slot at World Liberty Forum $WLFI today (Mar-a-Lago live event).
āļøExpected Announcement: "Trump International Hotel & Resort, Maldives in partnership with DarGlobal and Securitize: The Next Generation of RWAs"
āļøSpeakers: @ZiadElChaar (DarGlobal CEO), @carlosdomingo (Securitize CEO), @EricTrump (Co-Founder, World Liberty Financial)
āļøWhy it matters: This is the worldās first tokenized luxury hotel development. We arenāt just talking about one property; this is the institutional blueprint for tokenizing the entire Trump/DarGlobal $5B+ global pipeline. Huge, if it drops.
Agenda/Source: worldlibertyforum.com/agenda
Ticker to watch: $CEPT (Becoming $SECZ)
#RWA #Tokenization $WLFI @worldlibertyfi
Eraserhead Capital retweeted
Holy hell here we go.
$CEPT / @Securitize in partnership with @Trump to tokenize @TrumpHotels in Maldives to start. Bringing around $300M in AUM for this one property with upside to $2B.
āThe Next Generation of RWAsā
@carlosdomingo participating in an upcoming "announcement" about Trump Hotel Maldives that has already been reported to want to tokenize. Are we about to see @Securitize become the official issuer of these RWA tokens? $CEPT $SECZ
trump.com/media/dar-global-aā¦
