Healthcare investors Vijay Pande and Zack Werner form VZVC, a new venture firm focused on AI in healthcare.

Vijay Pande, former General Partner at Andreessen Horowitz, and Zack Werner have formed VZVC, a new venture firm focused on healthcare opportunities enabled by artificial intelligence. Pande previously invested in startups such as Function Health, Insitro, and Freenome, and founded Andreessen's Bio + Health fund in 2015.

Alpaca, a prominent US broker-dealer, has recently introduced the Instant Tokenization Network (ITN), a groundbreaking platform designed to streamline the tokenization of US equities. This innovation aims to alleviate liquidity constraints in the emerging tokenized equities market by enabling institutions to mint and redeem tokenized US stocks directly, a service available 24/7 Alpaca 推出 24/7 全天候即时美国股票代币化^[1].

The ITN facilitates the tokenization of portfolios with a single API call and supports in-kind redemptions, allowing token holders to swap tokens for underlying shares without the delays associated with cash-based settlement. This service is currently restricted to US-regulated financial institutions, reflecting the regulatory environment in the United States Alpaca 推出 24/7 全天候即时美国股票代币化^[1].

The launch of Alpaca's ITN coincides with the US Securities and Exchange Commission's (SEC) recent approval of in-kind creation and redemption for spot Bitcoin and Ether exchange-traded funds. This regulatory approval extends to tokenized equities, potentially allowing institutions to engage with blockchain markets more efficiently without the friction of traditional cash-based settlement Alpaca 推出 24/7 全天候即时美国股票代币化^[1].

The tokenized stock market is valued at over $700 million, with broader tokenization gathering momentum, particularly in Treasury bonds and private credit. Tokenized stocks are emerging as a significant focus area for both institutions and regulators Alpaca 推出 24/7 全天候即时美国股票代币化^[1]. SEC Chair Paul Atkins has referred to tokenization as an "innovation," indicating the agency's interest in facilitating the trade of traditional equities on blockchain networks Alpaca 推出 24/7 全天候即时美国股票代币化^[1].

Venture capital firms are also taking notice of this trend. Rob Hadick, a general partner at Dragonfly, highlighted the appeal of 24/7 trading and the growing demand for control over infrastructure among institutions. However, he cautioned that firms want more control over privacy and validator sets, indicating a need for further infrastructure development Alpaca 推出 24/7 全天候即时美国股票代币化^[1].

Alpaca's ITN rollout could significantly expand the use cases for tokenized assets, particularly in the equities market. By providing a direct institutional pathway for tokenizing and redeeming shares, Alpaca is positioning itself to attract institutions seeking speed and liquidity. The future success of this initiative will depend on regulatory advancements and the adoption of similar mechanisms by exchanges, brokers, and custodians Alpaca 推出 24/7 全天候即时美国股票代币化^[1].