ABOUT →
Gerrehbenta Finance is an independent research firm exploring emerging fintech, advanced AI, and the systems shaping the future of finance.
RESEARCH →
We map six adjacent territories — from intelligent financial systems to trusted computing — before the rest of the market has names for them.
THE LETTER →
Field notes from the frontier, written for people who allocate capital and people who write code. Twice a month.
We map the territory before the maps exist.
EST. 2021 · INDEPENDENT · NO OUTSIDE LPs IN OUR RESEARCHSix quadrants of the survey
FULL RESEARCH PROGRAM →Local-first software
Applications that treat the server as optional: CRDTs, sync engines, and what ownership of data does to business models.
Read the survey → Q-N2 · INFRASTRUCTUREFinancial infrastructure
The next generation of financial systems: connected platforms, real-time payments, and more adaptable infrastructure.
Read the survey → Q-N3 · MARKETSIntelligent markets
How AI, automation, and new sources of information are reshaping markets, credit, and financial decision-making.
Read the survey → Q-S1 · INTELLIGENCEPrivacy-preserving AI
Inference and training under encryption — federated learning, FHE, and models that never see your plaintext.
Read the survey → Q-S2 · HARDWARETrusted execution
Enclaves, attestation, and confidential compute as the quiet substrate of verifiable cloud and verifiable AI.
Read the survey → Q-S3 · CONVERGENCEAI × fintech
Agents that hold balances, underwriting that reads the world, and the regulatory line both will have to cross.
Read the survey →Recent fieldwork
ALL PUBLICATIONS →The Sovereign Stack: local-first software meets confidential compute
What happens when applications keep data on the device and verify computation in hardware? A 60-page survey of the architecture, the teams building it, and the financial rails it makes possible.
Intelligence is reshaping market execution
Intelligent routing and automation are changing how markets operate. We explore what that means for execution, access, and competition.
Attestation as a market primitive
Remote attestation lets strangers trust hardware they don't own. The financial applications start with custody and end somewhere stranger.
Sync engines and the end of the request
A technical reading of five production sync engines, and why the request/response web is becoming a replication web.
How the survey is done
RESEARCH PHILOSOPHY →Primary sources only
We read the code, the papers, and the underlying data — not the press release. Every claim in our work traces to something we ran, measured, or proved.
Working systems
The team builds reference implementations of what we study. If a protocol can't survive our test harness, it doesn't survive our thesis.
Decade horizons
We publish on what compounds, not what trends. Most of our coverage begins two to five years before a category has a name.
Field notes, twice a month.
One idea per issue, argued carefully. Read by engineers, founders, and allocators in 40 countries. No sponsorships, no paid promotions, unsubscribe anytime.