I asked Founder of @CurveFinance what happens when the forex market comes onchain and if there's a reason to tokenize/create non US dollar stablecoins.
@newmichwill says the demand is already there.. Fintechs with crypto cards are driving real onchain FX swaps between EUR and USD.
"You can go on Curve, buy it, pay bills, and it works. And this whole process appears to be actually faster than what I do in banks for some reason."
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NEW EP: Why the Entire Economy Is Being Tokenized on Ethereum with @ethereumJoseph
00:00 Intro
00:13 Why Ethereum Is the Biggest Benefactor of Tokenization
05:28 How the DTC Fits Into the Tokenization Stack
07:37 Has the Pace of Tokenization Slowed Down?
08:14 Navigating Hacks & Building Resilient Systems
11:29 The Ethereum Kumbaya Moment
13:05 ETH as Money vs. ETH as a Blockchain
14:51 MetaMask as Your Personal Neobank
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Arjun (@arjunsethi) explains how he reacted when his net worth drop from nearly 1B to 4M.
“I looked at that and said, look, I’m still better off than most people. I should be privileged to be in that position.”
“If my assets go up and down and oscillate, I just don’t care… I’ll just work harder to get back to that place.”
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Tokenization is eating finance.
The tokenization supercycle doesn't end at tokenization.. Assets need somewhere to go.
I asked @PhilippZentner, Co-Founder and CEO of @LIFIprotocol, about the vault complex.
He says you need multi-chain infrastructure with access to all the rails and that's what is building.
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The tokenization supercycle doesn't end at tokenization.. Assets need somewhere to go.
I asked @PhilippZentner, Co-Founder and CEO of @LiFiprotocol, about the vault complex.
He says you need multi-chain infrastructure with access to all the rails and that's what is building.
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🚨LIVE From SALT Digital Finance Forum in Bermuda Day 2
Really enjoyed sitting down with Arjun yesterday.
We covered the IPO, surviving Chokepoint, AI at Kraken, and what it’s actually like building a $20B company through the ups and downs. Felt more like a real conversation than an interview.
One of my favorite conversations we've had on the show.
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How I Built a $20B Company with @krakenfx CEO @arjunsethi
Timestamps
00:00 Franklin Templeton Deal
01:15 Choke Point Era Survival
02:23 Global Adoption Not US Lens
05:01 Kraken's Mt. Gox Origins
06:55 Building For Professional Traders
07:54 Interactive Brokers
09:55 Spot Margin US Launch
13:55 AI Is Not Job Losses
14:43 AI As Force Multiplier
18:43 Use AI Or Leave Kraken
20:08 Financial Super App Thesis
26:07 Why Kraken Is Going Public
29:43 The LFG Reward System
32:12 Work Life Harmony
38:26 Why Go Public Now
48:40 Self-Worth Vs Company Success
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The financial super app thesis sounds clean in theory but Co-CEO of @Krakenfx disagrees.
@arjunsethi says "you can't Frankenstein this all into one application" and compares why someone living in Argentina using stablecoins to survive is not the same as the professional trader using leverage.
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🚨 LIVE: SALT Digital Finance Forum Day 1 In Bermuda
I asked the Co-Founder of @AskVenice why enterprises are choosing open source models over closed source.
@TeanaTaylor says it comes down to data.
She explains closed source models are always learning from everything you put in while open source can't, the model is done being trained.
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🚨LIVE From SALT Digital Finance Forum in Bermuda Day 2
The Rollup 🤝 @BermudaPremier
Live from @SALTConference at the @DigitalFinForum in Bermuda Day 2, hosted by our friends @PartnersPenrose.
A very intimate event with high quality attendees. The week hasn't slowed down. Bermuda's Premier is joining us live to talk about building the world's first onchain national economy.
Today's lineup:
@rajachak75 - @StellarOrg
@banamlas - @plumenetwork
David Burt - @BermudaPremier
@TeanaTaylor - @AskVenice
@mikejcasey - @aai_society
@SmartestBeta - @CoinbaseAM
@philippzentner - @lifiprotocol
@Cryptoreine - @avalabs
See you on the show.
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I remember when $ZEC launched on Poloniex and fair market value was 7 $BTC for 1 $ZEC
what you're discounting here is that $ZEC has gone through 10 years of accumulation, by the most long-term aligned people in crypto
cannot compare to altcoins that go 10x on launch in < 1 year with large VC supply overhang & mostly retail perps moonboys
refer to chart below
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The new thing is tokenized treasuries as reserve collateral for stablecoin issuers
NEW: @jpmorgan files to launch a tokenized Treasury money market fund ($JLTXX) designed as GENIUS Act-compliant reserve assets for stablecoin issuers.
The next race for chains is who successfully onboards tokenized ETFs.
My list of who can actually get in the room with BlackRock and Grayscale: Ethereum, Solana, Avalanche, Aptos, zkSync, Canton.
That's it.. Hundreds of chains, half a dozen winners.
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Going live with CEO of Kraken @arjunsethi now from Bermuda
LIVE from Bermuda, see you guys on the show 🫡
We're live from Bermuda at 1PM ET.
Bermuda Digital Finance Forum is here.
May 12-13. The Rollup will be LIVE.
Hosted by @SALTConference. Presented by @NEARProtocol.
Where digital asset allocators meet the future of decentralized finance and AI.
See you on the show.
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The DeFi summer playbook was chain → apps → farm → repeat but that's dead.
The market now asks one question.. does value accrue to a token I can hold?
That's the asset-centric era.
We got to speak with Bhaji at Capital Summit in Miami. We discussed the infrastructure and capital that’s tokenizing the world.
Great watch.
Bhaji Illuminati (@itsbhaji), CEO & Co-Founder @centrifuge, on How Centrifuge Became Coinbase's Tokenization Partner
Timestamps
00:00 Coinbase Picks Centrifuge
02:33 Tokenized Treasury Market
04:58 T+0 Instant Redemption
06:35 Liquidity Management Explained
08:20 Base Partnership Deep Dive
10:01 DeFi RWA Composability
10:53 Freely Transferable RWA Token
12:03 Trillions Into DeFi
13:04 On Chain Beats Off Chain
14:12 Path To Ten Billion
16:48 Sky And Dai Origins
17:37 CLO Risk Management
19:35 Stablecoin Issuers As Buyers
21:02 High Yield Bond Fund
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Bermuda. May 12–13th. The Rollup is going live.
We'll be on the ground at the Bermuda Digital Finance Forum, presented by @NEARProtocol, covering the conversations shaping the future of digital finance.
See you there.
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