How AI and blockchain are reshaping financial services and commerce.
Research and analysis on financial services, financial infrastructure, and marketplaces from an investor's perspective.
Latest research
The SEC’s Innovation Exemption is Bullish ($BLSH) for Tokenization
Tokenized public equities are still a rounding error.
What CLARITY Means for CRCL/COIN; Tether's Audit
A lot is happening in stablecoin land today.
Stripe vs. Adyen Comparison (2025)
Stripe published its 2025 annual letter this morning.
Fintech on File
Fintech on File #7
Issuers push back on tokenized stocks; OCC leaves room for yield; Tradeweb buys Trumid; Visa eyes Fireblocks?
Fintech on File #6
Stablecoins join the card networks; Ramp at $60B; Kraken buys an EU bank; Stripe's agentic commerce goes vertical
Fintech on File #5
Kraken IPO back on; Big Banks show resilient consumer; Airwallex hits $300B scale; AmEx goes agentic
Mike Lamothe, Founder
Mike Lamothe is the founder of Ottavi, an independent research and investment firm focused on financial infrastructure, digital financial services, and marketplaces.