RECENT EPISODES
Wed 23 SeptFOMO, Meme Stocks and Robinhood Chain | Andy8052 & Eric ConnerIn this episode, Andy8052 and Eric Conner delve into the evolving landscape of meme stocks and coins, highlighting their resilience and growing social accountability within the cryptocurrency market. Conner discusses the emergence of tokenized stocks on Robinhood, predicting that meme stocks will remain a significant theme as they gain structural sustainability. The conversation also touches on the role of AI in analyzing trading patterns and the potential for meme stocks to attract traditional investors, despite the inherent risks involved.Mon 21 SeptHow Robinhood is using the SEC's New Innovation Exemption | Johann KerbratIn this episode, Johann Kerbrat discusses how Robinhood is leveraging the SEC's new innovation exemption to advance its tokenized stock offerings, which operate as debt securities. The company has experienced significant interest, achieving over $1.2 billion in stock token volume in a single day. Kerbrat also highlights Robinhood's plans to enhance user experience through AI integration and cross-chain transactions, while addressing the need for comprehensive regulation in the cryptocurrency sector.Fri 18 SeptROLLUP: The Bull Market Test | Clarity Dies | SEC Opens the Door | Hyperliquid Comes OnshoreIn this episode, the podcast delves into the current bullish phase of the crypto market, highlighting Bitcoin's price stability and Zcash's all-time high as indicators of recovery. The SEC's introduction of an innovation exemption for tokenized stocks trading on decentralized exchanges marks a significant regulatory shift, while discussions around voting rights for token holders raise important governance questions.Wed 16 SeptArc Mainnet, AI Agents, and Tokenized Markets | Nikhil Chandhok, CTO of CircleIn this episode, Nikhil Chandhok, CTO of Circle, discusses the implications of the Arc Mainnet and its role in the evolving landscape of blockchain technology. The conversation also touches on the integration of AI agents in financial markets and the potential of tokenized markets to reshape traditional economic structures. Chandhok provides insights into how these innovations could influence the future of digital finance.Mon 14 SeptCrypto is Ready for Onchain Options | Nick Forster, CEO of DeriveIn this episode, Nick Forster, CEO of Derive, explores the potential of on-chain options in the crypto market, highlighting their growth prospects despite current limitations. He discusses the challenges of market participation and the shift in trader interest following the 10-10 crash, which has increased demand for options as hedging tools.Fri 11 SeptROLLUP: Is Altcoin Season Here? | Treasury’s Bond War | Robinhood Chain Mania | OpenAI’s Math ControversyIn this episode, the hosts explore the potential onset of an altcoin season, with notable price movements in tokens like Zcash and Venice, while cautioning that Bitcoin's dominance remains significant. The discussion also covers the US Treasury's bond buyback strategy amid rising yields, raising concerns about inflation. Additionally, Robinhood's recent revenue surge from meme coin trading highlights the speculative nature of the current crypto market, as the hosts analyze the implications of tokenized stocks and governance rights.Mon 7 SeptThe New Economics of Crypto Tokens | Austin BarackIn this episode, Austin Barak explores the new economics of crypto tokens, emphasizing the intersection of crypto and AI as a key area for investors. He discusses the performance dynamics of liquid tokens, highlighting Venice's unique business model and its potential for significant growth. Barak also addresses the evolving landscape of crypto markets, predicting that the majority of future revenue will come from applications rather than execution layers, signaling a shift in how value is generated in the industry.Fri 4 SeptROLLUP: Robinhood’s Meme Economy | Solana Cuts Issuance | Saylor’s Comeback | AI AlarmIn this episode, the podcast delves into the explosive growth of Robinhood's meme economy, which generated $2.4 million in a single day amid high trading volumes. Solana's strategic decision to cut its issuance to a 1.5% annual floor signals a shift in blockchain economics. Additionally, Michael Saylor's bold Bitcoin repurchase at $80,000 raises questions about investment strategies in volatile markets, while concerns about AI advancements and their implications for cybersecurity are also discussed.Thu 3 SeptFWA and the New Market Structure for NFTs | Adam (Rhynotic) and Eric ConnerIn this episode, Adam from Rhynotic and Eric Conner explore the transformative impact of Fractionalized Web Assets (FWA) on the NFT market. They discuss how FWA can democratize access to high-value NFTs, enhancing liquidity and ownership dynamics. However, they also highlight the complexities of ownership rights and potential market volatility that come with increased accessibility. Additionally, the episode addresses the evolving regulatory landscape and its implications for creators and investors navigating the NFT ecosystem.Tue 1 Sept"We Want to Be Bigger Than the CME" | Kalshi's John WangIn this episode, John Wang of Kalshi outlines the company's ambitious goal to surpass the CME in valuation, aiming for a three-digit billion dollar range. He highlights Kalshi's impressive 90% market share in crypto prediction markets and its commitment to a regulated approach in the U.S. Wang discusses the launch of a pro interface for perpetual futures and the integration of new asset classes, emphasizing Kalshi's focus on institutional growth and market integrity while navigating legal challenges and expanding internationally.Mon 31 AugBullish on Automation and Robotics, but not Humanoid Robots | Shahin FarshchiIn this episode, Shahin Farshchi shares his optimistic outlook on automation and robotics, emphasizing the importance of tailored solutions over humanoid robots, which he views as niche. He discusses the potential for automation in emerging markets and highlights the need for workforce education to prepare for new job opportunities. Farshchi also explores the evolving role of AI in robotics, particularly the promise of vision-language models in enhancing automation capabilities across various industries.Fri 28 AugROLLUP: The Debasement Trade is Back | Bessent Put | Tokenized Stocks | AI Capital CrunchIn this episode, Hasib Greshi discusses the resurgence of the debasement trade, predicting Bitcoin's potential rise to $300,000 as liquidity increases in financial assets. He highlights the impact of the AI boom on government debt, with major companies becoming more attractive investments than U.S. bonds. The episode also explores the current state of tokenized stocks, noting low demand and liquidity issues, while anticipating future developments in the market.Thu 27 AugEthereum Privacy for Institutions | Mo Jalil and Oskar ThorenIn this episode, Mo Jalil and Oskar Thoren discuss the critical need for privacy solutions in Ethereum to facilitate institutional adoption. They highlight the challenges institutions face due to Ethereum's lack of built-in privacy features and the growing demand for customized cryptographic solutions.Tue 25 AugCoinbase Launches Tokenized Stocks on Base | Jesse PollakIn this episode, Jesse Pollak discusses Coinbase's launch of tokenized stocks on Base, designed to enhance global accessibility and tradability. These stocks will mirror real equities, offering users governance rights and dividends, with initial offerings from major companies like Nvidia and Apple. Pollak highlights the growth of the DeFi ecosystem on Base and the potential for significant adoption, while addressing compliance challenges and the evolving landscape of tokenized stocks as a means to democratize access to equities.Mon 24 AugWhat's Next for Bitmine after 5% of ETH? | Chairman Tom LeeIn this episode, Tom Lee discusses Bitmine's impressive acquisition of nearly 4.9% of Ethereum's total supply and its strategic goal to reach 5% ownership by year-end. He highlights the company's shift from a passive acquirer to an active participant in the Ethereum ecosystem, managing significant staking activities. Lee also predicts Ethereum's potential to outperform Bitcoin in market capitalization, emphasizing the growing importance of asset tokenization and the role of crypto in future financial applications.Fri 21 AugROLLUP: Is the Bull Market Back? | Treasury QE | Trump Pumps Crypto | SEC Token RulesOn August 19th, Bitcoin surged roughly 14% to around $72,300 and ETH climbed 23% to $2,330 in one of its largest single-day moves since 2018, with speakers divided on whether the bear market is broken or new lows remain possible. The Treasury's decision to double long-end bond buyback purchases from $2 billion to $4 billion, swapping duration-heavy bonds for money-like T-bills, was credited as a key catalyst alongside Trump's White House crypto event.Thu 20 AugWhy Ethereum MUST Change Its Monetary Policy | Sam Jernigan and Jerome de TycheySam Jernigan and Jerome de Tychey make the case that Ethereum's current issuance curve has no natural equilibrium, offering roughly 1.5 percent yield even at 100 percent ETH staked, and that without EIP 8363 more than half of all ETH will likely be staked by 2028, forcing unstaked holders to fund rewards through dilution.Mon 17 AugWhy Raising Rates Would Actually Calm Markets | Jim BiancoJim Bianco makes the counterintuitive case that the Federal Reserve raising rates would actually calm bond markets, pointing out that since the Fed began cutting rates on September 18, 2024, the 10-year yield has risen roughly 95 basis points and the 30-year yield now sits near a 19-year high of 5.2 percent, a combination with no precedent in 55 years of data.Fri 14 AugEtherFi’s Next Act: Stocks, Loans, and Global Banking | Mike SilagadzeEtherFi founder Mike Silagadze explains how the protocol is expanding beyond staking and a crypto credit card into a non-custodial banking platform where users can hold tokenized stocks through xStocks, borrow against their full portfolio at DeFi rates through an integrated Aave V4 market, and deposit salary directly into a named account.Thu 13 AugROLLUP: Bitcoin’s Fork Died in 2 Blocks | Saylor Sells Again | Robinhood Chain | Fidelity StakingThis week's rollup opens with the swift collapse of BIP 110, a Bitcoin soft fork that launched on August 8th at block 961,632 and died within two blocks after attracting only 2.53% of the hash power needed, with Nick Carter calling it the worst fork in Bitcoin history and a sign that hardcore maximalism is a fading cultural relic.Tue 11 AugNEAR’s New Token Utility and AI Economy | Illia PolosukhinNEAR co-founder Illia Polosukhin explains how the NEAR token is gaining new utility by letting holders stake NEAR to receive free AI inference on NEAR AI cloud rather than collecting staking yield as income, a concept he calls universal basic AI.Mon 10 AugThe EIP That Destroys DeFi | Stani Kulechov & Mike SilagadzeStani Kulechov and Mike Silagadze argue that a stake-targeting EIP authored by six Ethereum Foundation researchers is motivated by a desire to push ETH price higher during a bear market rather than by genuine security concerns. Mike contends the proposal is straightforwardly centralizing because solo stakers, who face the highest cost basis, will exit at yields below 2 percent while Coinbase and Binance continue profitably at 20 basis points.Fri 7 AugROLLUP: The ETH Issuance War | $130M Coldcard Exploit | Saylor Sells Again | Uniswap LaunchpadThis episode digs into the heated debate over a proposal from six Ethereum researchers, including Justin Drake, that would taper and eventually eliminate staking rewards as the staking rate approaches 50 percent, cutting the current base yield from roughly 2.6 percent to 1.2 percent immediately. Opposition from Aave, EtherFi, and Lido is nearly unanimous, with critics warning of underestimated second-order effects on DeFi TVL and disproportionate harm to solo stakers.Wed 5 Aug$ANSEM, Robinhood Chain, & Why SOL Still Beats ETH in 2026 | Mike DudasMike Dudas joins the show to make the case that Solana still outperforms Ethereum as an asset heading into 2026, arguing that SOL benefits from a lower base, faster-growing stablecoin volume, and rising perpetuals activity while Ethereum suffers from declining L1 fee capture and holder inertia rather than active demand.Mon 3 AugThe Next Bull Market is Here, and Obvious | Spencer and Aleks, Blockchain CapitalSpencer and Aleks from Blockchain Capital make the case that the current crypto cycle is structurally distinct from prior ones, pointing to simultaneous catalysts including regulatory clarity from the GENIUS Act, serious institutional entry at depressed prices, and the first year in which application layer fees surpassed infrastructure fees.Fri 31 JulROLLUP: Korea Gets Liquidated | The AI Trade Unwinds | Crypto Holds Firm | Warsh Holds RatesSouth Korea's stock market collapsed roughly 40% in 40 days during July, wiping out approximately 2 trillion dollars in value and fully liquidating between 320,000 and 500,000 retail accounts, with concentrated exposure to memory stocks SK Hynix and Samsung amplifying the damage.Thu 30 JulWhat's Next for Vaults? | Steakhouse Co-Founder, Adrian CachineroAdrian Cachinero, co-founder of Steakhouse, joins to explain how vaults aggregate liquidity across isolated lending markets, using Morpho as the primary example of how rebundling network effects at the aggregation layer solves the utilization constraints that individual isolated markets face.Wed 29 JulMorpho Midnight: The Future of Fixed-Rate Lending | Paul FrambotPaul Frambot joins to explain Morpho Midnight, the 2026 successor to Morpho Blue that replaces variable interest rate models with a zero-coupon obligation structure giving borrowers and lenders full control over their own rates and terms. A loan has four parameters, the loan token, collateral asset, maturity date, and curator permissions, with the rate determined entirely by the discount at which an obligation trades.Mon 27 JulFrom Harvard at 18 to Building Crypto's Fastest Exchange | Vlad, LighterVlad Dracula built Lighter after a path that ran from qualifying for both the International Physics Olympiad and International Olympiad in Informatics teams, finishing Harvard in roughly two and a half years, trading from his dorm room, and leading engineering at Addepar before founding Lunch Club in 2017.Fri 24 JulROLLUP: Crypto’s 2-Week Deadline | The CLARITY Act | $100 Oil | OpenAI Model EscapesCongress has roughly two weeks to pass the Clarity Act before an August 8th recess triggers midterm season, after which Democratic opposition is expected to kill the bill entirely. Polymarket odds dropped from 50 to 60 percent earlier in the week to around 36 to 40 percent, with seven Senate Democrats citing inadequate ethics provisions, consumer protection gaps, and illicit finance concerns.Fri 24 JulROLLUP: Crypto’s 2-Week Deadline | The CLARITY Act | $100 Oil | OpenAI Model EscapesCongress has roughly two weeks before its August 8th recess to pass the CLARITY Act, and Polymarket odds for passage have already slid from around 50 to 60 percent to approximately 36 to 40 percent as seven Senate Democrats flag concerns over ethics, consumer protection, and illicit finance. A 616-page ethics package was negotiated but leaves notable gaps, including no coverage of officials' children and a sunset in January 2029.Thu 23 JulSecuritize Just Went Public — Are We Still Tokenizing the World?Securitize completed a SPAC merger with Cantor Equity Partners on July 1st, raising 400 million dollars at a 1.25 billion dollar pre-money valuation and began trading on the New York Stock Exchange under the ticker SECZ on July 2nd.Mon 20 JulRebuilding the $12T Repo Market on Bitcoin | Bitcoin DaveBitcoin Dave makes the case that the 12 trillion dollar repo market, currently anchored by US Treasuries as pristine collateral since 2008, can be rebuilt on Bitcoin through a structured lending product he calls a Bitcoin CLO, constructed via Morpho Midnight vaults accepting only Bitcoin as collateral.Fri 17 JulROLLUP: Bull Market? | Inflation Cools, War Heats | Robinhood Flips Base | ETH’s Fee ProblemThis week's discussion centers on whether crypto has found its bottom, with Ryan projecting a final low around October followed by a strong 2028, while David sees the market grinding sideways rather than capitulating sharply. June CPI came in at 3.5 percent against a 3.8 percent expectation, but oil rising 20 percent in July due to resumed U.S. strikes on Iran threatens to reverse that progress.Thu 16 JulWhy Every Chain, Wallet & App Is Integrating NEAR Intents | Kendall ColeKendall Cole of Proximity Labs explains how NEAR Intents grew from a B2B-only protocol into infrastructure now connecting 35 chains and integrated by wallets including Trust Wallet and Ledger, with near.com serving as the consumer-facing layer designed to hide all blockchain complexity behind a Robinhood-like experience.Wed 15 JulJito Declares War on Coinbase & Binance | Lucas Bruder on the Launch of JTXJito is launching JTX, a prosumer trading terminal on Solana built by Lucas Bruder and his team with the explicit goal of taking market share from Coinbase, Binance, Kraken, NASDAQ, and the NYSE. A core feature called Good Trade compares on-chain execution in real time against the best centralized exchanges, and Bruder says trading major assets on Solana is already showing cheaper results, driven by proprietary AMM innovation over the past twelve to eighteen months.Mon 13 JulIs Bitcoin Going According to Plan? Gold, Saylor, Satoshi | Dan HeldDan Held joins the show to assess how Bitcoin has evolved since its cypherpunk origins, arguing that institutions adapted to Bitcoin rather than changing its code, and that roughly 40 million Americans now hold it through vehicles including ETFs. He credits Michael Saylor with purchasing approximately 60 billion dollars worth of Bitcoin while criticizing his proof-of-work narratives as too esoteric.Fri 10 JulROLLUP: War Returns, Markets Shrug | Saylor Sells | Robinhood Memecoins | Ethereum 3.0?This week's rollup opens with Iran's attack on commercial vessels in the Strait of Hormuz and the subsequent US strikes on 170 Iranian military sites, yet oil moved only from $68 to $71 WTI, NASDAQ and SPY closed green, and Bitcoin held around $63,000, with the hosts arguing Trump's pattern of announcing strikes after market close has trained markets to treat military escalation as a non-event.Tue 7 JulHow Hyperliquid Becomes the Backend for ALL of Finance | Tushar JainMulticoin Capital's Tushar Jain argues that markets were deeply mispricing Hyperliquid at $63 by treating it as a fast-growing perpetuals DEX rather than a potential everything exchange capable of offering exposure to any asset or derivative globally. The single most important driver of his bullishness is portfolio margining, which nets across positions in one collateral account and creates a compounding return to scale that competitors cannot easily replicate.Mon 6 JulThe Rise of Robinhood Chain: Tokenized Stocks, Perps, and 27M Users | Johann KerbratRobinhood unveiled 15 products at its London event including Robinhood Chain, an Arbitrum orbit chain built with Off Chain Labs that recorded roughly one million transactions within 24 hours of launch. Tokenized stocks on the chain are backed one to one, carry dividend and governance rights, and are permissionlessly transferable across the Ethereum ecosystem, with Uniswap as a launch partner enabling 24/7 trading.