Internet Capital Markets

Topic

A new financial paradigm envisioned as a single, global, 24/7, programmable, and permissionless market built on blockchain technology, allowing anyone to trade any asset from any software modality. This system is predicted to absorb the functions of the legacy system.


First Mentioned

10/3/2025, 4:58:46 AM

Last Updated

10/3/2025, 5:00:56 AM

Research Retrieved

10/3/2025, 5:00:56 AM

Summary

Internet Capital Markets represent a new financial paradigm poised to transform the legacy financial system, which has remained largely unchanged since the 1930s. This evolution, declared by Kyle Samani of Multicoin Capital as a generational inflection point in 2025, is driven by the maturation of blockchain technology, enabling efficient, low-cost internet-scale transactions, and a developing regulatory landscape. Key legislative efforts, such as the Genius Act for stablecoins and anticipated legislation from Congress, alongside proactive regulatory initiatives like the SEC's "digital finance revolution" under Chair Paul Atkins, are paving the way for this shift. Platforms are emerging that will allow seamless access to a wide range of assets, including cryptocurrencies, tokenized securities, and traditional securities, within a single interface. This integration is expected to bridge regulated markets with decentralized finance (DeFi), leading to a significant increase in on-chain activity and embedding finance into various software applications. This transformation is anticipated to revolutionize media through prediction markets and foster a new era of social finance, fundamentally altering how companies are financed, traded, and owned, much like the Telecommunications Act of 1996 did for the internet.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Outcome

    Significant increase in on-chain activity and embedding finance into various software applications.

  • Comparison

    Similar transformative impact to the Telecommunications Act of 1996 for the internet.

  • Definition

    A new financial paradigm enabling anyone to raise or invest money via blockchain, bypassing traditional banking and venture capitalist methods, bringing traditional capital markets fully on-chain.

  • Integration

    Bridges regulated markets with permissionless Decentralized Finance (DeFi).

  • Functionality

    Seamless access to diverse assets (cryptocurrencies, tokenized securities, traditional securities) on a single interface.

  • Investor Pool

    Over a billion investors with private keys globally

  • Market Impact

    Expected to consume the Legacy Financial System, a 100-year-old structure.

  • Enabling Technology

    AI (rewriting how companies are built).

  • Revolutionary Impact

    Revolutionizing media through prediction markets and fostering a new era of social finance.

  • Regulatory Environment

    Favorable, with proactive initiatives like SEC's 'digital finance revolution' and key legislation.

  • Global Equity Market Capitalization (early 2025)

    $124 trillion

  • Number of Publicly Listed Companies (early 2025)

    48,000

Timeline
  • Stock Market Crash of 1929, which led to the formation of the Legacy Financial System. (Source: d14024ce-0d65-4655-8068-c663c1854a70)

    1929

  • US Securities Legislation was enacted, further shaping the Legacy Financial System. (Source: d14024ce-0d65-4655-8068-c663c1854a70)

    1930s-1940s

  • The Telecommunications Act of 1996 was passed, serving as a comparison for the transformative impact of Internet Capital Markets. (Source: d14024ce-0d65-4655-8068-c663c1854a70)

    1996

  • Declared by Kyle Samani as a generational inflection point for finance with the rise of Internet Capital Markets. (Source: d14024ce-0d65-4655-8068-c663c1854a70)

    2025

  • As of early 2025, the global equity market spanned nearly 48,000 publicly listed companies with a combined market capitalization of approximately $124 trillion. (Source: web_search_results)

    2025-01-01

Capital market

A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market. However, sales to individuals form only a small fraction of the total volume of bonds sold. Various private companies provide browser-based platforms that allow individuals to buy shares and sometimes even bonds in the secondary markets. There are many thousands of such systems, most serving only small parts of the overall capital markets. Entities hosting the systems include investment banks, stock exchanges and government departments. Physically, the systems are hosted all over the world, though they tend to be concentrated in financial centres like London, New York, and Hong Kong.

Web Search Results
  • Internet Capital Markets

    As of early 2025, the global equity market spanned nearly 48,000 publicly listed companies with a combined market capitalization of approximately $124 trillion. In this future, companies will go public directly on the internet, accessing a global pool of over a billion investors with private keys. The token serves as a transferable, self-custodied proxy for real-world equities, offering a highly accessible on-chain entry point to traditional markets, without altering how those companies raise capital. Republic, a New York-based investment platform, has introduced a novel way for retail investors to gain exposure to high-profile private companies by offering tokenized debt instruments on Solana.

  • What Are Internet Capital Markets (ICM)?

    * Internet Capital Markets refer to digital assets that let anyone raise or invest money via blockchain without going through traditional banking or venture capitalist methods. * ICM platforms let creators launch tokens in seconds and give users early access to new projects. This model mirrors how traditional capital markets function but brings it fully on-chain, making the process faster, simpler, and open to anyone with an internet connection and a crypto wallet. ## What Are Internet Capital Markets (ICM) Tokens? ICM tokens are digital assets that let you take part in a project early on. ## Pros and Cons of ICM Tokens ICM tokens are opening up investing to everyone. What Are Internet Capital Markets (ICM) Tokens? Pros and Cons of ICM Tokens

  • How the Internet Has Changed Investing

    A retail investor's best bet used to be to head to the local library to read financial literature and research companies and securities such as stocks, bonds, and mutual funds. A Money Magazine article detailed that a full-service broker could charge a 2.5% commission for a stock trade in 1992 right as the internet was beginning to enter the consumer market. Merriam-Webster defines a paradigm shift as "an important change that happens when the usual way of thinking about or doing something is replaced by a new and different way."5 Enter the internet, allowing individual investors to place their orders for securities directly online, bypassing that phone call or visit to their broker.

  • Internet Capital Markets Explained: Complete ICM Guide ...

    Aug 7, 2025—The roots ofInternet Capital Marketscan be traced back to

  • Launchcoin and the Rise of Internet Capital Markets

    Our platform uses AI-driven data, technical signals, and project ratings to detect early momentum in tokens like Launchcoin. With features like Bullish/Bearish Signals, Trader and Investor Grades, and curated narrative-based indices, Token Metrics enable users to evaluate trends like Internet Capital Markets with speed and precision. ##### Moonshots by Token Metrics – Daily AI Crypto Picks with Breakout Potential Discover Moonshots, altcoin moonshots, meme coin moonshots at Token Metrics - your AI crypto research tool delivering up to 10 high-potential token picks with a 65%+ win rate, one-click trading, and real-time crypto alerts. ##### How to Build On-Chain Crypto Trading Bots Using Token Metrics Crypto API and Chainlink Functions How to Use Token Metrics Crypto API with Chainlink Function | Best Free Crypto API for Crypto Trading Bots