The SEC’s so-called "protection" of retail investors has done more harm than good, forcing speculation rather than allowing utility tokens to function as intended. But with the SEC’s tactics now under scrutiny and long-awaited regulatory clarity emerging, the game is changing.

That’s why I just made a video diving deep into the great-grandfather of all utility tokens: the VERI Token—and speculating the hell out of it. Let’s run some numbers.

Market Cap Comparisons: Where Could VERI Go?

If we apply the market caps of major cryptos to VERI’s ultra-low 2.16 million token supply, we get some jaw-dropping figures:

• XRP Market Cap / VERI Supply
  $150,685,407,710 ÷ 2,160,000 = $55,695.40 per VERI
• ETH Market Cap / VERI Supply
  $265,678,224,163 ÷ 2,160,000 = $104,732.50 per VERI
• BTC Market Cap / VERI Supply
  $1,764,865,971,748 ÷ 2,160,000 = $752,952.91 per VERI

What Could Send VERI Parabolic?

If the SEC case is vacated, VERI—backed by 2.16 million tokens and Veritaseum’s patents—could become a prepaid fee token for:

✅ VeADIR (Decentralized AI-driven investment research)
✅ VeRent (Tokenized asset rental and lending)
✅ VeTokenization (Asset tokenization across multiple sectors)
✅ VeResearch (On-chain research monetization)

But it gets better.

The PTAB’s rejection of Coinbase’s IPR, combined with ETH/SOL infringement claims and the PPE White Paper, could force BTC, ETH, XRP, and ADA into licensing agreements—potentially pushing VERI into the $6,000–$150,000 range.

And if VeriDAO’s massive $1.6 quadrillion asset tokenization vision takes off? We could be looking at $740,000–$740 million per VERI.

Now, these are just speculative price points, but the numbers highlight one thing: VERI’s upside potential is insane if adoption and legal clarity align.

If the SEC case is vacated, VERI—tied to 2.16 million tokens and Veritaseum’s patents—could soar as a prepaid fee token for VeADIR, VeRent, VeTokenization, and VeResearch.

The Bottom Line

The setup is primed. Success hinges on three key factors:

1️⃣ Legal victories over regulatory hurdles
2️⃣ Adoption of Veritaseum’s technology and patents
3️⃣ Traction of the prepaid fee model in the tokenization space

If these pieces fall into place, VERI could be one of the biggest sleepers in the crypto market.

Are you watching this play unfold? 🚀

Success hinges on legal victories, adoption, and the prepaid model’s traction, but the setup is primed for a breakout.

Original Post by @SovereignRiz

Crypto market capitalization has tanked to its lowest point since early November with $240 billion getting wiped out over the past day.

This has resulted in a 6% fall to $2.6 trillion as all post-US election gains have now been wiped out.

Ethereum has taken the brunt of the fall, losing a whopping 16% over 12 hours as it fell from around $2,140 to just below $1,800. Moreover, ETH is struggling to recover and was trading at $1,860 at the time of writing.

ETH Death?

The last time Ethereum traded below $1,800 was in October 2023, when it was slowly emerging from the two-year-long bear market.

There is solid support at current levels, which must be held to prevent the asset from tanking back to bear market lows following the formation of what appears to be a double-top chart pattern.

Analysts have warned that if support here is lost, ETH could fall as low as $1,200.

Ethereum is currently down a painful 62% from its all-time high in 2021, and the ETH/BTC ratio – which is a measure of the price of ETH in terms of Satoshis – is at its lowest level since December 2020, having fallen to 0.023 today, according to Tradingview.

Only Dogecoin (DOGE) had heavier losses than Ethereum in the crypto top twenty today, with the memecoin melting by 11%.

It does beg the question of who would be selling ETH at $2,000 and the answer appears to be whales that are trying to avoid being liquidated, according to Lookonchain.

Needless to say, the Ethereum derision and FUD had escalated to new heights on Crypto Twitter as traders and investors licked their wounds.

Ethereum Testnet Attacked

The ETH angst has been exacerbated by problems with Pectra testing and an unknown attacker sending zero-token transfers, causing empty blocks.

On March 9, Ethereum developer Marius van der Wijden said the issue had been fixed:

“We suspected that the attacker was reading some of our chats, so we decided not to publicize the fix, but only update a few nodes that we controlled in order to get more full blocks on the network,”

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Swiss stock exchange group SIX released its 2024 results today. New CEO Bjørn Sibbern announced a three year program, Scale Up 2027, which aims to improve growth and margins. It will see 150 people lose their jobs, some of them through attrition. Plus, as part of the push, it plans to merge the blockchain-based SIX Digital Exchange (SDX) into its Securities Services business unit.

It portrayed this as a growth initiative, saying that SDX’s technology will now be rolled out across the group. SIX wants to “capitalize on synergies and fully leverage the potential of SDX as part of the broader SIX ecosystem.”

The SIX Digital Exchange was the first regulated secondary market for digital securities in the world, one of several world firsts. The exchange is also the first to host a production wholesale central bank digital currency (wCBDC), although technically the Swiss National Bank’s wCBDC is part of an extended two year pilot of Project Helvetia. SDX also holds a license as a central securities depository (CSD).

Since its launch SDX has hosted the issuance of more than CHF 1.5 billion in digital bonds. Today’s report says SDX has 14 members across its digital securities and web3 / crypto services, with at least nine more committed to join.

The digital CSD is already integrated with the conventional CSD in order to allow issuances to list on the main exchange and for investors to engage without needing to touch blockchains. However, today’s announcement talks about “synergies from shared infrastructure.”

Integration – returning to the original plan

In many ways SDX is now coming full circle. Its first CEO, Martin Halblaub, resigned in 2019 over strategic differences. He wanted SDX to be more independent, but the strategy at the time was to be more integrated. He was replaced by Tim Grant who lasted about 17 months, before State Street veteran, the inimitable David Newns, stepped in for the 2021 launch and has provided continuity since.

While these changes represent the stamp of a new SIX CEO, there are likely more to come. Javier Hernani, the former CEO of SIX-owned BME and Head of SIX Securities Services, departed in early February and has not yet been replaced. Any new head of SIX Securities Services will likely set a new agenda.

Meanwhile, SIX reported a net profit of CHF 38.7 million for 2024 after writing off CHF 167.7 million relating to the valuation of its holdings in Worldline. Before that adjustment (and tax), net profit would have been CHF 204.4 million, an increase of 12.3%.

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