We talked to @mickymalka, the founder of Ribbit Capital and early backer of Coinbase, Robinhood, and Bridge, about what’s coming next. "I’m more excited for the next decade than the last." “Everything is a token. We call it the token factory revolution; tokenizing information, money, and power.” AI, payments, and financial services are converging fast, and tokens are becoming the raw material for decision-making, coordination, and access. Micky sees a new stack forming where every company is either building, supplying, or orchestrating tokens. And he bets on a generation of young founders who are native to this shift: “Their brains are just faster. The best ones are already building access tokens, expert tokens, asset tokens… stablecoins were only the first chapter.” From his appearance on the show in July.