December 2025: This month’s Briefing Memo spotlights portfolio momentum, with updates from Uniform Labs (Multiliquid), Superstate (Direct Issuance Program), Predicate (participation in an SEC roundtable), and Haraka (a stablecoin lending pilot with Mercy Corps in Northern Ghana and a planned follow-on study in Q1 2026). We also dive into recent U.S. regulatory tailwinds and growing TradFi engagement, including an SEC no-action position for a DTCC tokenization pilot, the Fed’s withdrawal of its 2023 crypto guidance for state-member banks, and the OCC’s progress on conditional national trust bank charters for crypto-native firms.
Read the full memo here: https://theventuredept.beehiiv.com/p/the-briefing-memo-from-the-venture-dept-cf71