SHOAL

Shoal is a research media firm covering the machine economy: machines that work, learn, transact, and pay, and the people building for them.

Machines are becoming economic actors. Software agents already buy compute, data, and services. Payment rails are being rebuilt so machines can settle in seconds for fractions of a cent. Robots are entering physical work, and the data that trains them is becoming a market of its own. This is one economy, and Shoal covers it from every side: the actors, the rails, the assets, and the information they run on.

What we do

We enable institutions with cutting edge market intelligence to execute at the frontier: long-form interviews, evidence-backed theses, and living intelligence models mapping every player, protocol, and tech stack.

Research

Evidence-backed theses and reports on agentic payments, AI agents, stablecoins, DeFi, tokenization, and the infrastructure underneath. Every claim traces to a primary source, an interview, or an on-chain transaction. Read the research.

Shoal Signal

Long-form interviews with the people building the machine economy: Visa, Circle, MoonPay, Browserbase, Privy, Laso, Paxos, CertiK, and more. Every episode ships with a full transcript on the research index. Watch the show.

Intelligence models

A living map of the agentic economy: every player, protocol, and tech stack as a structured, evidence-backed graph that updates as the market moves. Explore the models.

Work with us

We partner with companies building in the machine economy on research, category intelligence, and the show. Reach us at info@shoalresearch.xyz or on X.