Banks Are Racing Onchain in 2026 | Rodrigo Coelho (Edge & Node) at ETHConf

Sun, Aug 2, 2026, 12:00 AM

In this talk, Rodrigo Coelho, CEO of Edge & Node, explains why banks are racing onchain in 2026, covering what is working in production today and what is not, and what infrastructure moving production financial workloads on chain actually requires. He opens on how most of the world's money still moves on software written in the 1970s, likening institutions going on chain to a dial-up to broadband moment, or streaming music forced through record players. In 2026 the pilots of past years are moving into production: the New York Stock Exchange is working on 24/7 tokenized trading and tokenized assets are becoming collateral, all converging because the regulatory clock is ticking with the Genius Act, Clarity Act, and MiCA turning compliance frameworks from white papers into laws. Having spent eight years shipping blockchain infrastructure (from the first commit at The Graph to running Edge & Node, serving 1.8 trillion queries), Rodrigo says the Genius Act taking effect January 27th is a forcing function, and given long procurement cycles, institutions that wait for tooling will miss the window. Rodrigo argues banks are bringing the wrong assumptions on chain: their data stacks assume finality, append-only ledgers, overnight batch windows, and ACH and wire transfers, treating reorgs as edge cases when reorgs are normal, and off-the-shelf warehouses like Snowflake, Postgres, and BigQuery do not work out of the box with on-chain data, which is rarely cryptographically verifiable. Using the wrong tools breaks data freshness, auditability, and verifiability, and bad data puts capital at risk through stale collateral, blown liquidations, and compliance violations, with 24/7 markets that never pause. He lays out five non-negotiables for institutional data infrastructure: sub-second data freshness (block to query in under a second), verifiable cryptographic lineage, multi-chain access (The Graph indexes over 90 chains), on-prem deployment for data sovereignty in jurisdictions like the Middle East, Brazil, and Japan, and SQL-native querying that engineers and AI both speak. He gives vendor-evaluation questions and introduces Amp, Edge & Node's SQL-native, on-prem-capable blockchain data platform with verifiable extraction and full lineage across 100 chains that bridges into existing stacks. He shares production numbers (747 millisecond freshness, 100x pipeline improvement, 4,350x faster backfills), contrasts pay-per-query versus flat-fee licensing, and closes that the institutions moving now will own the next decade of financial infrastructure. 00:00 Introduction 00:41 Money Still Runs on 1970s Software 01:05 Why 2026 Is When Pilots Go to Production 01:35 Why the Regulatory Clock Is Ticking 01:57 Rodrigo's Background at The Graph 02:16 Why Now: Genius Act, MiCA, and Global Momentum 02:44 Why Waiting for Tooling Misses the Window 03:13 The Genius Act as a Forcing Function 03:42 What Institutional Conversations Revealed 04:11 Banks Bringing the Wrong Assumptions On Chain 04:34 Why Reorgs Break TradFi Assumptions 04:56 Why Off-the-Shelf Warehouses Fail 05:28 Why On-Chain Data Is Rarely Verifiable 05:40 The Three Things That Fail 06:01 Why Bad Data Puts Capital at Risk 06:33 Why 24/7 Markets Reward First Movers 06:56 The Five Non-Negotiables for Data 07:23 Multi-Chain Access and On-Prem Deployment 07:47 Why SQL Native Is a Requirement 08:07 Questions to Ask Every Vendor 08:30 Red Flags in Data Vendors 08:57 Introducing Amp 09:21 Joining On-Chain and Off-Chain Data 10:30 Amp's Production Numbers 11:00 Pay Per Query vs Licensing the Platform 11:50 How Compliance Becomes Provable 12:18 Why Amp Was Built for Tokenized Deposits 12:41 What Rodrigo Tells Every Institutional CTO 13:36 Why the Future of Finance Is Multi-Chain 14:13 Why Infrastructure Choices Decide the Leaders 14:39 The Rise of Heads of Digital Assets 15:02 Consulting to Navigate the Vendor Landscape 15:29 Building the New Way Money Moves 16:07 Closing _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ *ETHConf 2026* ETHConf is a 3 day event for founders, industry leaders, and builders who are excited about the possibilities of building on top of Ethereum. Connect with 2,000+ top innovators in crypto, finance, technology, and policy at our inaugural three-day event packed with showcases, demos, partnerships, and conversations shaping the future of the global economy. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow ETHConf* X: https://x.com/ethconf Website: https://ethconf.com _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🎟️ Get your early bird tickets for ETHConf 2027: https://ethconf.com/2027#tickets 🎤 View the full ETHConf 2026 Speaker Schedule: https://ethconf.com/schedule _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _