Linkmerica Research

Institutional Custody Risk Research

Independent analysis from the Linkmerica Research Team. All briefs are versioned, dated, and produced under the LISR framework. Suitable for institutional reference and compliance documentation.

HIGH MATERIALITY TIER 1 TARGET

Google AP2 v0.2.0: The Custody Risk Surface of Cryptographic Mandate Infrastructure

Nine months of adoption data on Google's Agent Payments Protocol. The three-mandate cryptographic architecture introduces a custody risk category existing frameworks do not address — authorization custody, not asset custody.

Published: July 8, 2026 · LISR Research Brief v1.0 · The Linkmerica Research Team
HIGH MATERIALITY DATED RECORD

AP4M: 30 Days After Launch — What the Intelligence Record Shows

Built entirely from Linkmerica's own dated agentic monitoring record — June 11 through June 16, 2026. The first institutional research document demonstrating the value of continuous infrastructure surveillance over point-in-time analysis.

Published: June 30, 2026 · LISR Research Brief v1.0 · The Linkmerica Research Team
HIGH MATERIALITY QUANTUM RISK FEDERAL POLICY

Trump's Quantum EOs and Self-Custody: What the 2030 Deadline Means for Hardware Wallet Holders

On June 22, 2026, President Trump signed two executive orders mandating federal PQC migration by 2030–2031. Linkmerica published its quantum readiness assessment one week earlier. This brief maps the federal compliance timeline against the four LISR-scored wallets and the harvest-now-decrypt-later threat vector.

Published: June 27, 2026 · LISR Research Brief v1.1 · The Linkmerica Research Team
HIGH MATERIALITY QUANTUM RISK

The Quantum Readiness Gap: Rating the Self-Custody Stack Against Q-Day

March 2026 research compressed the Q-Day risk window to 2029–2035. Hardware wallet manufacturers are responding unevenly. This brief maps the four currently-scored LISR wallets against the post-quantum transition — the first independent institutional quantum readiness assessment of hardware wallet custody infrastructure.

Published: June 15, 2026 · LISR Research Brief v1.0 · The Linkmerica Research Team
HIGH MATERIALITY SPECIAL EDITION

Agent Pay for Machines: The Custody Risk Surface of Machine-to-Machine Payments

Mastercard's AP4M introduces a parallel payment infrastructure where autonomous agents authorize and settle transactions across card rails, bank accounts, and stablecoin networks. The first independent institutional custody risk analysis of AP4M — published the day after launch.

Published: June 11, 2026 · LISR Research Brief v1.0 · The Linkmerica Research Team
Forthcoming — Linkmerica Research Pipeline
JUNE 2026 AP4M: 30 Days After Launch — What the Intelligence Record Shows
JULY 2026 Google AP2 v0.2.0: The Custody Risk Surface of Cryptographic Mandate Infrastructure
JULY 2026 World AgentKit: Biometric Identity Delegation and the Regulatory Risk Surface of Human-Backed AI Agents

Research inquiries: research@linkmerica.com · All briefs are informational only and do not constitute financial or investment advice.