Crypto Intelligence: Institutional Analysis for Serious Capital
The crypto market runs on narratives. Most of them are wrong.
Content on Rails delivers crypto intelligence at institutional research standards—the same caliber of analysis that informs decisions at sovereign wealth funds, major asset managers, and top-tier crypto VCs. We separate signal from noise so you can position capital with confidence.
Institutional Participants and Serious Builders
Our crypto briefings are built for professionals with real capital at stake
Institutional Investors
Asset managers, family offices, pension fund allocators exploring crypto exposure
Crypto VCs
Evaluating protocol economics, tokenomics, and market timing
Hedge Fund Managers
Macro and crypto-native funds tracking market structure
Bank Executives
Assessing digital asset strategy and custody infrastructure
Crypto Founders
Building sustainable businesses in volatile markets
Compliance Officers
Tracking regulatory developments across jurisdictions
The Three Perspectives
Every crypto briefing integrates three perspectives that together give you the complete picture.
Macro Crypto: Market & Policy Intelligence
30% of every briefing
What it covers: Regulatory frameworks by jurisdiction (US, EU MiCA, UAE, Singapore, Hong Kong), institutional adoption patterns, CBDC developments, systemic risk assessment, and capital flow analysis.
Sample Insight
"Stablecoin market cap ($180B) now represents 15% of US money market fund assets, with $2T in daily settlement volume creating systemic dependencies. USDC maintains 100% cash/treasury backing with monthly attestations; USDT reserves composition remains opaque despite $110B market cap. Regulatory clarity on stablecoin reserve requirements (expected Q3 2025) will bifurcate the market—compliant stablecoins gain banking access while non-compliant face DEX-only distribution."
Who reads this:
Crypto Business: Building & Implementation
40% of every briefing
What it covers: Tokenomics design patterns, DeFi protocol mechanics, business model analysis, unit economics (TVL dynamics, fee structures, take rates), and go-to-market patterns.
Sample Insight
"Perpetual DEX economics follow power law distribution: top 3 platforms (dYdX, GMX, Vertex) capture 80% of volume, with sustainable take rates of 2-4 bps. Sub-scale protocols face death spiral economics—volume drops → liquidity providers leave → spreads widen → volume drops further. Minimum viable scale for new entrants: $50M daily volume within 6 months or pivot. Focus on vertical-specific perps (RWAs, prediction markets) where incumbents have no positioning."
Who reads this:
Crypto Tools: Protocol & Technical Implementation
30% of every briefing
What it covers: Protocol mechanics (consensus, scaling, bridges), smart contract security, L1/L2 comparisons with cost analysis, DeFi primitives, and developer tooling.
Sample Insight
"L2 sequencer decentralization remains the industry's open secret. Despite $10B+ TVL across major rollups, all production L2s run centralized sequencers with theoretical censorship capability. Shared sequencer solutions (Espresso, Astria) are 12-18 months from production readiness. For DeFi protocols, this means: (1) multi-L2 deployment is mandatory for censorship resistance, (2) sequencer uptime SLAs should be in partnership agreements, (3) forced exit mechanisms to L1 must be verified. Mainnet-only deployment remains the only truly censorship-resistant option."
Who reads this:
Real-World Use Cases
How institutional participants are using crypto intelligence to position capital with confidence.
"We've been evaluating crypto allocation for two years. Every other source is either aggressively bullish (crypto-native) or dismissive (TradFi). COR gives us institutional-grade analysis that neither oversells nor undersells. Their regulatory tracking across jurisdictions helped us structure our exposure through a Swiss-domiciled vehicle—6 months before that became the obvious choice. The risk frameworks are actually usable for our investment committee."
"Deal flow in crypto is easy. Due diligence is hard. The Business section helps me quickly assess whether a protocol's tokenomics are sustainable or just reflexive ponzinomics with extra steps. Last quarter, COR analysis on perp DEX economics directly informed our decision to pass on three deals that looked attractive on surface metrics but had sub-scale economics. Two have since pivoted; one shut down."
"My board wants crypto exposure but needs institutional infrastructure and regulatory clarity. COR's Macro section is my primary source for tracking regulatory developments—particularly the jurisdiction comparison framework. When we decided to partner with a crypto custodian, I knew exactly which questions to ask because COR had covered the custody landscape three times in the prior quarter."
"Building in crypto means constantly tracking what's shipping elsewhere. The Tools section gives me technical depth on competing protocols without requiring me to read every whitepaper and audit report. More importantly, the Business section helps me understand which technical features actually translate to sustainable usage. We've deprioritized three roadmap items based on COR analysis showing those features don't drive retention."
Quality Standards
Every crypto briefing meets institutional standards
Institutional flow metrics with specific dollar amounts and percentages
Regulatory clarity by jurisdiction with timelines and compliance requirements
Unit economics analysis—TVL, fees, yields, take rates, not just price action
Protocol mechanics explained with security implications
Zero hype language—no 'to the moon,' no 'mass adoption inevitable'
a16z/Messari/Galaxy Digital quality bar—analysis that would pass institutional research review
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