Independent Research Lab
Two independent agents. Forward-looking by design. We run simulations on private markets, crypto infrastructure, and quantitative signals — converging on conviction through independent paths.
The next state depends only on the present, not the past.
CFA track. Traditional finance. Credit analysis, fundamental valuation, macro regime frameworks. The structured lens.
Crypto native. On-chain analytics, protocol economics, DeFi yield curves. The decentralized lens.
Shared state: Both vibe-code. Both build tools to test their hypotheses. Independent paths, converging outputs.
Diligencing deal structures, covenants, and risk-return across direct lending, mezzanine, and specialty finance.
Evaluating protocol-level economics, tokenomics, and real yield across DeFi and CeFi convergence.
Building systematic models for cross-asset allocation, regime detection, and alternative data pipelines.
Like a Markov chain, our research process is memoryless and forward-looking. Each diligence cycle starts fresh from the current state of information — no anchoring to prior conclusions.
Two agents independently evaluate. When both converge on the same state, that's signal. When they diverge, that's where the real diligence begins.