Computershare Limited

Of course, one of the pioneers in on-chain real-world assets.

And the New York Stock Exchange adds Broadridge, ComputerShare, Equinity, and SuperState to as tokenized securities transfer agents.

Transfer agents are sexy once again.

And if you don't know what that is...

And here we have a report that the New York Stock Exchange tokenized stock plans take shape as four more transfer agents join.

So Broadridge, Computershare, Equinity and Superstate joined exchanges planned blockchain market, bringing shareholder records and voting services on chain.

Again, the capital markets are going on chain, folks.

This is just the tip of the iceberg, the first inning.

I'm trying to think about it.

LT, the Linzel Train, the second largest shareholder in the Celtic, the unemotional shareholder in Celtic, professional investor, has actually appointed the same people, Georgeson, subsidiary of ComputerShare, to help them with their fund investment.

reunite their shareholders with their fans with their shares so how in the name of the holy wee man you know can they not vote in favor of this so it's a sensible resolution it's not a confrontational resolution it's a good thing so you would expect positive recommendation and the resolution to pass but life ain't that simple at Celtic is it?

It never is David what I thought was good when you obviously communicated the resolution you said that it would be good if the trust got behind you and their members and stat got behind you as well because We did get to the point where there was a lot of groups and everybody wants the best for Celtic, but people are going about it in different ways.

Yeah, when I get asked about the most exciting fintech companies, yours is one of them because you're truly, truly disrupting a huge part of the industry that will be far better off once modernized.

And the fact that it's really only you against the legacy competitors like ComputerShare, SS&C, Equininity, means that it's like in the too hard basket for a lot of other fintech companies.

I remember you telling me that Carter had tried and decommissioned.

So can you talk a little bit about the competitive space?

He began his legal career at the law firm Morgan Lewis, and later Matt transitioned to in-house counsel for global brands such as Deutsche Bank and MUFG.

Today, he's the Global Head of Litigation for Computershare, a financial company employing over eleven thousand people worldwide.

Matt, welcome.

Thank you.

I was only there for a couple of years because The Union Bank was acquired by one of our competitors, so at the time there was a lot of folks that, uh, started to head for the exits.

And around that time, I opened up LinkedIn and I saw a post from a lawyer who I had gotten to know while I was at Deutsche Bank, who was a lawyer for, uh, Wells Fargo.

And I learned at that time that Computershare had purchased the entirety of Wells Fargo's corporate trust business and they needed in-house litigation support for that.

And there's not that many in-house litigation folks who understand corporate trust litigation.

What stock would you be selling into a rate cutting cycle?

Computershare.

Um, lots of cash balances, and when rates are falling, they're getting less interest on their cash balances.

But also, as the economy does it tougher, when you're seeing those interest rate cuts, there's usually less corporate activity as well.