Pulse 2.0 (Jul 2026): elaborates agent-first thesis.

  • Infrastructure designed so autonomous AI systems can research markets, interact with brokerage services, execute approved workflows via software interfaces
  • Instant Tokenization Network connects tokenized products with underlying assets; Alpaca does not issue/tokenize assets directly
  • CoinDesk market-share claim (~94% of tokenized U.S. equities cleared/custodied) is company-attributed via CoinDesk primary — treat as claim