SquareFi Founder: "We Have Only 6 Developers" Anton Lobintsev & Ivan Patriki On the Margin

SquareFi Founder: "We Have Only 6 Developers" Anton Lobintsev & Ivan Patriki On the Margin

From On The Margin by On The Margin

July 10, 2026 · 1h 2m

About this episode

Anton Lobintsev and Ivan Patriki discuss the evolution of SquareFi from a real estate tokenization platform to a stablecoin payment solution.

There’s a company processing over to $350 million in transactions that spends less on AI all year than most startups spend on it in a single month. Anton Lobintsev, co-founder of the stablecoin-based financial platform SquareFi, built it that way on purpose.His company didn’t start as a fintech at all. It started as a platform to tokenize real estate in Georgia and Indonesia, until Anton and his co-founder realized nobody wanted to tokenize their buildings. They just wanted to accept stablecoin payments for them. So they rebuilt the whole business around that instead.We cover:The $500 million AI story that kicked off the “what are people doing with all these tokens?” running joke What SquareFi actually is: stablecoin custody, crypto-as-a-service, banking accounts, and cards, all under one platform Why 95% of SquareFi’s customers aren’t crypto-native businesses at all How a company with employees scattered across the world pays salaries in crypto when banks won’t touch the corridor Why venture capital firms use SquareFi to collect capital calls from LPs on three different continents From tokenizing buildings as NFTs to realizing the market wanted payments, not tokenization Why…

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