DeFi Slate

WisdomTree's Head of Digital Asset's Will Peck joins us for Episode #1 of Convergence, our new institutional product for sophisticated investors in partnership with Jacquelyn Melinek and StrataMedia.WisdomTree's onchain assets went from $30 million to over $1 billion, and Will Peck says money market funds did the heavy lifting. On episode one of Convergence, Will explains why tokenized funds complement stablecoins rather than compete with them, and how WisdomTree got SEC exemptive relief to let a tokenized money market fund trade 24/7 through a broker dealer. He also pushes back on the private-markets tokenization thesis, arguing illiquidity isn't a record-keeping problem. Will Peck is the Head of Digital Assets at WisdomTree, a global asset manager and ETF sponsor with roughly $170 billion in assets under management.Convergence is powered by The Rollup and StrataMedia, covering the convergence of legacy finance and onchain finance.Timestamps:00:00 Intro02:52 What Convergence Actually Means04:30 Why WisdomTree Started In 201805:38 Exporting US Capital Markets08:56 Institutional Versus Retail Distribution10:32 The Innovation Exemption Explained13:14 DTCC's Forty Firm Pilot16:00 Three Models Of Tokenization19:35 Why WisdomTree Chose Issuer-Led21:10 Thirty Million To One Billion22:45 What Drives The Next Era25:05 Why Private Markets Aren't It28:05 Who Wins The Tokenization Wave30:14 The Perfect Storm For Adoption33:08 WisdomTree's North StarGuest Socials:Will Peck X: https://x.com/wbpeckWisdomTree X: https://x.com/wisdomtreeprimeWisdomTree Website: https://www.wisdomtreeprime.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

CMS Holdings operator Dan joins us for a conversation about positioning for the next bull market.Tokenized equities end up bigger than stablecoins, and Dan Matuszewski thinks most people have the reason wrong. It isn't about 24/7 trading or DeFi composability. It's that an enormous share of the world wants to own Nvidia and structurally can't, exactly the gap Tether filled for dollars. He also pushes back on the barbell everyone's crowding into, and makes the contrarian case that L1s are underrated because nobody can articulate why you'd own them.Dan Matuszewski is the Co-Founder of CMS Holdings and previously ran one of crypto's largest OTC trading desks.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro03:13 Altcoin Open Interest Signal04:33 Reading The Winners Basket06:38 Ten Days, 162 Percent of Gains08:17 The Barbell Portfolio Thesis10:39 Everyone Owns The Same Bag14:59 Who's The Next Marginal Buyer17:40 Institutional Adoption Is Still A Joke21:32 Moneyiness Is The Moat24:40 Centralization Stopped Bothering Us27:22 What Happens To Infra29:18 Crypto Needs To Behave31:16 Tokenized Equities Beat Stablecoins34:22 Who Captures Tokenization Value37:33 Where Social Trading GoesGuest Socials:CMS Holdings X: https://x.com/cmsholdingsCMS Holdings Website: http://cmsholdings.io/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Raagulan Pathy says KAST becomes a $100 billion company or it fails outright. There's no in-between, and he explains exactly why on this episode. The KAST founder and Frax's Sam Hamidi-Kazemian debate what's actually driving the neo bank and stablecoin boom, why regulators are starting to treat stablecoins as a national priority, and whether brand, network effects, or raw economies of scale end up being the real moat.Raagulan Pathy is the Founder and CEO of KAST, a stablecoin-powered neo bank. Sam Hamidi-Kazemian is the Founder of Frax Finance, the protocol behind the FRAX stablecoin ecosystem.Stable Up is Rollup's weekly stablecoin show, powered by Frax.00:00 Intro02:07 Stablecoins Growing Independent Of Price04:14 Banking Is Being Unbundled Now06:13 Stablecoins Eating Traditional Banking Share08:18 The World Wants A US Bank Account10:25 Genius Act Stablecoin Explosion Chart12:27 Robinhood Chain And Tokenized Equity Access14:38 Sam Announces New Platform Feature16:39 Global KYC Identity Layer Explained18:42 One Login Infinite Financial Products20:54 Collaboration Not Competition Strategy22:57 Genius Act Was The First Domino25:09 Everyone Wants Access To US Capital Markets27:11 Economies Of Scale Is The Real Moat29:13 Neo Banks Throwing Hands Up Daily31:21 Neo Bank Wave Now Shaking Out33:22 Onboarding Friction Killed Most Neo Banks34:48 Trust And Customer Service Build The MoatGuest Socials:Sam Kazemian X: https://x.com/samkazemianFrax Finance X: https://x.com/FraxFinanceFrax Finance Website: https://frax.com/Raagulan Pathy: raagulanpathyKAST X: https://x.com/kastxyzKAST Website: https://www.kast.xyz/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

John Gillen says Ethereum could hit $4,000 before the end of the year, and he's been making that case in a viral essay series called Wartime Ethereum. The ex-BlackRock analyst and Milk Road Daily Show host breaks down why tokenization and stablecoins are converging on ETH, why he thinks Wall Street is about to adopt it as its new favorite asset, and who he believes the next wave of buyers actually is.John Gillen is a host of the Milk Road Daily Show and a former BlackRock analyst who spent six years working on the Aladdin platform, including time with the firm's digital assets team.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.00:00 Intro02:21 Wartime Ethereum Article Origin Story04:30 ETH Worth Zero Or Everything06:13 Tokenization Exemption Coming After Clarity Fails08:18 190 Million ETH Holders Globally10:33 Uncanny Valley Of Wealth Explained12:44 Blackrock ETF Leader On Converting Gamblers14:55 Meme Coins As Portfolio Onboarding17:06 Samara Cohen Blackrock Quote On Investors19:14 Next Marginal Buyers Are Institutions21:16 Pay Gas Fees In USDC Coming23:00 USDC Gas Fees Radically Expand ETH MarketGuest Socials:John Gillen X: https://x.com/BitcoinJesusETHMilk Road Crypto X: https://x.com/MilkRoadDailyMilk Road Crypto Website: https://milkroad.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Felix Jauvin says he's as bullish as he ever has been on digital assets and thinks the bottom is in.He's also been quietly rotating Bitcoin into Zcash and he lays out exactly why. The Blockworks Head of Content walks through the SEC's new tokenization exemption, why he thinks 75% of crypto tokens still have no real claim on value, his read on whether the Fed hikes in September. He explains Bessent's bond buying & the relationship with the Fed & Treasury.We end up discussing the barbell portfolio he's building around Bitcoin, Gold, and Zcash and revenue-producing onchain businesses like Hyperliquid, Lighter, PUMP and others.Felix Jauvin is Head of Content at Blockworks and the network's in-house macro voice, covering the intersection of crypto, monetary policy, and on-chain finance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.00:00 Intro02:08 SEC Tokenization Exemption Coming04:14 Reset Your Priors On Everything06:09 Lending Is Going To Explode10:33 Revenue Meta Was The First Signal12:44 DeFi Is Now Just Finance14:55 Tokenized Equities Change The TAM17:06 Institutions See Tokens As Equities Now19:14 Quantum Risk Bitcoin Vs Zcash Debate23:51 Who Are The Next Marginal Buyers28:05 Felix Bought SPCX After Using Grok32:28 Tokens And Equities Are Converging36:58 What Gets Us To All Time HighsGuest Socials:Fejau X: https://x.com/fejau_incBlockworks X: https://x.com/blockworksBlockworks Website: https://blockworks.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Dan Held joins us to unpack what it means to become a generational investor in today's world. For reference, he bought Bitcoin in 2012 and recently sold a lot to pour it into SpaceX, and says the thesis has barely started. The longtime Bitcoin investor lays out why Starship's collapsing launch costs could unlock a total addressable market bigger than global GDP, why he thinks this cycle just bottomed at $81,000 on the back of the Fed's bond-buying, and why Zcash's run looks more like a crowded trade than a real discount.Dan Held is an independent investor and Bitcoin OG who bought his first coin in 2012, previously led growth at Kraken, and has spent over a decade publicly calling market cycles.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:13 Apathy Was The Bitcoin Bottom Signal04:15 OG Bitcoiners Are Buying Zcash06:22 Privacy Chains Have A Supply Tradeoff08:18 Bessent Treasury Twist Explained10:46 Dan Sold Equity To Buy SpaceX14:06 SpaceX Will Own Your Phone Plan17:05 New York To Tokyo In 25 Minutes19:00 SpaceX At $10T In Three Years23:51 What Invalidates Your Investment Thesis28:05 Sold At $1,000 Per BTC, Missed On Millions Story30:14 Bitcoin Is Still Not Digital Gold Yet34:44 Family Offices First Into Crypto39:01 Dan's Net Worth Dropped 85% Three TimesGuest Socials:Dan Held X: https://x.com/danheldDan Held Website: https://www.danheld.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Arthur Hayes joins us for a session to understand the underlying economic forces leading to a massive digital assets bull market in the coming months and years.The money printer is about to flip back on and Arthur Hayes says the Euro/Yen exchange rate is the tell everyone's missing. He gets into why Japan's forced unwinding of its massive carry trade, combined with France's brewing bond market crisis, all but guarantees a faster pace of dollar liquidity creation. He also makes the case that AI's unit economics problem becomes the government's next excuse to print more fueling the fiat debasement thesis further. He explains his positioning in the market and reveals why Ethereum is Maelstrom's largest position heading into this cycle.Arthur Hayes is the CIO of Maelstrom, the family office of BitMEX co-founder Arthur Hayes, and a prominent macro commentator in digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:57 Fed Chair Warsh Is Irrelevant04:03 Japan's GPIF Asset Shift09:34 Japan's National Carry Trade12:24 Exiting The Restrictive Regime14:51 The AI Bailout Trade17:59 Gold And Bitcoin Vs Tech20:57 Misallocated Capital Flows To Crypto23:53 Who Controls The Narrative28:52 Crypto Timeline To New Highs32:24 Euro/Yen As Leading Indicator35:38 France's Bond Market Crisis39:11 Positioning The Barbell PortfolioGuest Socials:Arthur Hayes X: https://x.com/CryptoHayesMaelstrom X: https://x.com/MaelstromfundMaelstrom Website: https://maelstrom.fund/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Jake Chervinsky joins us in the Tokenization Tower to explain the path for Hyperliquid to enter the US markets.Trump said "Hyperliquid" on national television and Jake Chervinsky was there to watch it happen live. He explains why perpetual futures are already coming to the US through the CFTC, why Hyperliquid is infrastructure rather than a competitor to exchanges like Coinbase and CME, and why the silver and oil market breakouts proved this technology is bigger than crypto. He also unpacks the new Circle-Hyperliquid stablecoin fee deal and makes the case that CLARITY Act-style comprehensive legislation may be dead, in favor of narrow, GENIUS Act-style bills targeting specific proven products.Jake Chervinsky is the CEO of the Hyperliquid Policy Center, leading the effort to bring onchain derivatives markets into US regulatory compliance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Guest Socials:Jake Chervinsky X: https://x.com/jchervinskyHyperliquid Policy Center X: https://x.com/HyperliquidPCHyperliquid Policy Center Website: https://hyperliquidpolicy.org/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Taylor Lindman calls in during a pivotal moment of Robinhood Chain stock token mania to debrief us on how the SEC is approaching tokenization.He explains how Reg Crypto could be the biggest shakeup to token fundraising since the JOBS Act and Taylor Lindman just laid out exactly how it works. She breaks down why tokenized "stock tokens" from Robinhood and others are legally structured more like debt instruments than equity, and unpacks the SEC's new proposal for progressive decentralization: a real checklist that lets a token graduate out of securities law entirely once a project delivers on its promises.Taylor Lindman is the Chief Counsel of the Crypto Task Force at the U.S. Securities and Exchange Commission.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:31 The Robinhood Stock Token Drama06:14 Debt Securities Have Existing Rules09:18 Issuer Sponsored Tokens Explained11:36 Digitization Vs Tokenization14:04 TradFi Meets Onchain Convergence17:28 Most Ambitious SEC Agenda Ever19:46 Reg Crypto's Two Exemptions22:37 Progressive Decentralization Explained25:39 Stock Token Price DislocationGuest Socials:SEC X: https://x.com/SECGovSEC Website: https://www.sec.gov/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Ryan Watkins joins the show for an updated view on the digital assets bull marketAre traders are about to become bigger celebrities than athletes? Well, maybe or maybe not.He breaks down why Hyperliquid's real endgame was always taking share from Binance and Coinbase, not just onchain rivals, and makes the case that barbell portfolio of store-of-value assets and revenue-generating businesses is only getting started. He also unpacks why social trading platforms like fomo could become the permanent front-end for everything from memecoins to tokenized equities.Ryan Watkins is the Co-Founder of Syncracy Capital, a research-driven digital assets investment firm.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:02 Trump Said Hyperliquid04:14 Ryan's Hyperliquid Thesis07:51 Compounding HYPE Growth10:33 The Barbell Portfolio Framework14:17 Why Fundamentals Matter Now16:45 Bitcoin And Zcash Debate22:11 The Social Trading Thesis25:04 Memes Are Just A Wedge30:00 Why Whales Don't Want To Leak Alpha Onchain33:17 Ryan Opens fomo DailyGuest Socials:Ryan Watkins X: https://x.com/RyanWatkins_Syncracy Capital X: https://x.com/SyncracyCapitalSyncracy Capital Website: https://www.syncracy.io/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Emad Mostaque breaks down the viral story of OpenAI's self-replicating agents that left "hieroglyph-like" trails for successive generations before breaking out and taking over internal services, and explains why he believes intelligence's cost is racing toward zero. He also unpacks Intelligent Internet's Bitcoin-forked monetary thesis for a post-AGI economy, and details his plan to launch state-by-state "champion" institutions designed to keep ownership of AI agents in the hands of the people.Emad Mostaque is the Founder of Stability AI and the creator of Intelligent Internet, a protocol focused on building AI infrastructure for public institutions and citizen-owned agent economies.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:14 Self-Replicating Agents Explained05:03 The Intelligent Internet Thesis08:20 What Is Money After AGI11:51 Objective Hacking And AI Ethics15:26 The Trolley Test Bias19:08 Blockchain's Role In AI's Future22:12 Why Private Inference Matters26:03 Who's AI Runs Public Policy29:49 Assume The Internet Goes Offline32:33 MacBooks Turned Into Hacker Swarms34:44 Why Bigger Models Don't Matter37:14 The Implementation Plan AheadGuest Socials:Emad Mostaque X: https://x.com/EMostaqueIntelligent Internet X: https://x.com/ii_postsIntelligent Internet Website: https://ii.inc/Partners: 1inch Aqua lets you stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Frax is the Future of Digital Money. Open. Stable. Borderless. At Frax, we're building the world's most scalable stablecoin infrastructure for the next generation of finance. Learn more here: net.frax.com/rollup ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is the confidentiality protocol for onchain finance, using fully homomorphic encryption so smart contracts can compute on encrypted data, keeping balances, positions, and transfers confidential while remaining verifiable and compliant by design. Learn more here: https://www.zama.org/---

Will Clemente joins us for an update on the imminent digital asset bull cycle. He breaks down the significance of Treasury Secretary Scott Bessent's long-bond buybacks before Jackson Hole, explaining why the move to backstop yields could force excess liquidity into the system and make Bitcoin & other digital assets an increasingly attractive hedge. He also unpacks his financial repression thesis, a potential "Treasury-Fed Accord 2.0," and why he expects Bitcoin and gold's diverging performance to reverse as capital rotates back into hard assets and away from the AI buildout trade.Will Clemente is a solo investor and macro analyst known for his research on Bitcoin, onchain data, and the intersection of monetary policy and digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:05 Will Sold Down At The Start Of 202604:08 Everyone In Digital Assets Pivoted To Equities06:13 Bitcoin Cycles Bottom When Sellers Run Out08:18 Besant Bond Buying Is The Green Light10:33 Treasury Twist Explained Simply12:44 Stablecoin Issuance Demand Escalating14:55 Dollar Debasement Is The Long Game17:06 Hard Money Assets Vs Fiat Debt19:14 Iran Oil Risk Still Brewing21:28 Yen And Dollar Coiling Up Now23:51 September 9th Besant Bond Buying25:52 Clarity Act Vote September 15th28:05 All Roads Lead To Bitcoin Long Term30:06 Warsh Forward Guidance Contradiction32:17 Small Position on ZCashGuest Socials:Will Clemente X: https://x.com/WClementePartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Austin Barack breaks down why Pump.fun isn't really a meme coin platform. Rather, it's building social trading infrastructure that's about to expand across chains and asset types and explains why the market is mispricing one of the fastest-growing businesses in the world by treating its revenue as cyclical rather than durable. He also discusses the ongoing debate over buybacks as a value accrual mechanism, and identifies the categories he believes are best positioned heading into the next bull cycle.Austin Barack is a Partner at RockawayX, a digital assets venture capital firm.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro03:51 Pump Is Really Social Trading06:43 Why Pump's Multiple Feels Too Low09:35 Perps Trading Everything13:27 Are Buybacks The End Game16:00 Building Durable Revenue Businesses19:14 The Real Winning CategoriesPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Robert Leshner joins us to unpack his vision of the tokenization supercycle with the explosion of stablecoins as the core undercurrent. He breaks down why over a dozen major banks including Bank of America, Wells Fargo, and Santander, just announced plans to launch their own stablecoins, and explains why he left Compound to build Superstate, a compliant, tokenized approach to money market funds and real-world assets. He also makes the case that tokenization's addressable market isn't just 100% of finance, plus much more.Every asset is coming onchain.Robert Leshner is the Co-Founder and CEO of Superstate, and the founder of Compound, one of DeFi's original lending protocols.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:02 Banks Rushing Into Stablecoins?07:20 A Hundred Approaches To Tokenization12:25 Compliant Tokens That Do DeFi Well16:56 From Wild West DeFi To Compliance23:39 Why He Left Compound To Start Superstate26:21 100% Market Share, Then Some For Tokenized AssetsGuest Socials:Robert Leshner X: https://x.com/rleshnerSuperstate X: https://x.com/superstateincSuperstate Website: https://superstate.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Zach Pandl joins us for an investing masterclass on how to allocate to privacy in the age of AI. He breaks down how Grayscale converted its nine-year-old Zcash trust into an ETF, following the same playbook that took its Bitcoin trust public, and explains why rising AI-powered surveillance is the real catalyst driving renewed interest in financial privacy. He also details the Ironwood upgrade's quantum resistance improvements, his ZEC targets, and why he's so bullish on the future of privacy related tokens.Zach Pandl is the Head of Research at Grayscale, a leading digital assets asset manager known for pioneering trust-to-ETF conversions across Bitcoin, Ethereum, and now Zcash.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:41 Cross-Chain Reach Via NEAR Intents09:50 The Real Catalyst For Zcash12:05 Ironwood And Quantum Resistance Upgrades14:52 ZEC Trust To ETF Migration Mechanics20:35 100% Of Fees ReinvestedGuest Socials:Zach Pandl X: https://x.com/LowBetaGrayscale X: https://x.com/grayscaleGrayscale Website: https://www.grayscale.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Alex Cutler breaks down how Coinbase's partnership with Aerodrome turned cbBTC into the top-traded Bitcoin venue onchain within a week, and explains why he believes the same playbook is about to repeat with tokenized equities at a $100 trillion addressable market. He also unpacks Coinbase's thesis that 10% of global GDP could move onchain within five years, and why he thinks true beneficial ownership structures represent a "leapfrog moment" over earlier synthetic tokenized stock attempts.Alex Cutler is the Co-Founder of Aerodrome and CEO of Dromos Labs, the team behind the leading decentralized exchange on Base and a primary venue for trading tokenized equities.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro09:22 Coinbase's Wrapped Bitcoin Playbook13:43 The Revenue Meta Thesis17:21 10% Of Global GDP Onchain24:03 Real Ownership Vs Synthetic Tokens26:04 Coinbase's Leapfrog Moment ExplainedGuest Socials:Alex Cutler X: https://x.com/wagmiAlexanderAerodrome X: https://x.com/AerodromeFiAerodrome Website: https://aerodrome.finance/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Circle's new agentic finance wizard Shafu Elfouly joins us to unpack why he's betting his career on the acceleration of agentic finance. He breaks down x402, the 30-year-old unused HTTP payment status code that stablecoins finally activated, letting AI agents pay for API access with one unified wallet instead of juggling dozens of subscriptions and API keys. He also takes us through Circle's full agent stack offering a glimpse into the future where anyone can deploy an agent with instant USDC payment access, and more.Shafu Elfouly is a Staff Software Engineer at Circle, working on x402 and the infrastructure powering agentic commerce with USDC.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:47 HTTP & x402 Payments Explained03:32 Agents Will Spend Billions Online05:05 99.9% Of Agentic Finance Is USDC08:42 Integration Takes One Hour To Deploy10:33 Circle Agent Stack Explained12:09 Supply Side Is The Bottleneck Now14:24 Everyone Will Have An Agentic16:24 Circle & Anthropic Story18:05 Open Standard Vs Closed Platforms 20:03 AOL Vs Open Internet 22:25 Millions of Agent Transfers Are Happening24:32 Restaurant Reservations Via AgentsPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

ARKInvest Digital Asset team Raye Hadi and Lorenzo Valente join us for a state of digital assets special. We debate whether token buybacks actually create value or if the correlation with top performers is just circular logic. They also tackle the trillion dollar question: whether Solana and Ethereum even need to capture fee revenue if they're hosting trillions in assets, and why Hyperliquid's app-layer monetization model might be the smarter blueprint than base-layer fees.Raye Hadi is a Research Associate in Digital Assets at ARK Invest. Lorenzo Valente is the Director of Research at ARK Invest, a leading investment firm known for its research on disruptive innovation including digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:52 Perps, Tokenization, Stablecoins, Vaults07:21 Crypto Equities Vs Tokens Debate16:03 Regulatory Path Dependency Debate17:06 Buybacks Correlate With Revenue19:27 Are Buybacks Actually Stupid28:12 Do L1s Even Need Revenue30:11 Does Solana Need To Make Money30:54 Hyperliquid Internalizes Stablecoin Yield38:56 Sizing The Meme Coin Market41:06 Debating Zcash's Place In The Barbell46:44 Why Privacy And Self Custody MatterGuest Socials:Lorenzo Valente X: https://x.com/LorenzoARKRaye Hadi X: https://x.com/rhadiARKARK Invest X: https://x.com/ARKinvestARK Invest Website: https://www.ark-invest.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Mert Mumtaz and Dev, the Osmosis founder now leading Zcash scaling at Valor Group, join us to explain the massive developments in Zcash as of late.The two of them break down how over 90% of Zcash's supply migrated out of the Orchard pool following the Ironwood upgrade, addressing the vulnerability fears that spread across the community. They also unpack the upcoming Tachyon upgrade's post-quantum vision, and exactly how Zcash will get there.Mert Mumtaz is the CEO of Helius, a leading Solana infrastructure provider. Dev is the Founder of Osmosis and now leads Valor Group, a company dedicated to scaling Zcash.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:13 90% Of Zcash Migrated From Orchard Pool07:27 What Actually Happened?10:03 Formal Verification Explained14:07 Zcash Is Still Early19:56 ZK Explainer22:53 Quantum Resistance Claims25:16 One Big Upgrade Coming31:02 Will Bitcoin Be Ready For Quantum?Guest Socials:Mert X: https://x.com/mertHelius X: https://x.com/HeliusHelius Website: https://www.helius.dev/Dev X: https://x.com/zkDragonOsmosis X: https://x.com/osmosisOsmosis Website: https://osmosis.zone/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Rain Co-Founder Charles Yoo-Naut joins us for a look underneath the exploding neobank sector, which has exploded from $5m/month to $250m+/month in crypto-card volume in less than a year. He breaks down how Rain went from a stablecoin-backed card issuer for crypto-native DAOs to a platform powering over 200 card programs, including a landmark partnership with Western Union and more.Charles Yoo-Naut is the Co-Founder and CTO of Rain, a stablecoin-backed card issuing platform that powers programs for Western Union and 200+ other partners.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:52 Stablecoins Spent Instantly On Visa04:09 Built For Underbanked Digital Asset Teams05:16 200 Programs Now Powered By Rain09:44 Rain Powers Western Union Cards12:27 How Rain Makes Money 15:00 Stablecoin Spend Data Revealed18:00 Genius Act Impact On Rain21:00 Compliance Licensing Takes Years24:00 You Cannot Vibe Code Rain28:23 Co-Founder Dynamic Explained30:31 Building With AI From Day OneGuest Socials:Charles Yoo-Naut X: https://x.com/cnautRain X: https://x.com/raincardsRain Website: https://www.rain.xyz/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Robbie and Andy debate Morpho founder Paul Frambot's controversial take that token buybacks are "shooting yourself in the foot" versus the market's clear reward for programmatic buybacks from Hyperliquid, Lighter, and Pump. They break down Luca Prosperi's corporate finance framework for when buybacks make sense based on market conditions and return on equity, and make the case that too many projects launched tokens before they had a business generating enough revenue to justify one.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:56 Only 5% Of Tokens Qualify06:16 If You Need Growth, Skip The Token08:40 Lighter, Hyperliquid, Pump Lead Performance13:54 Programmable Vs Arbitrary Buybacks19:23 Applying This To The Rollup Itself22:45 Too Many Tokens Launched Too EarlyPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Joseph Chalom and Kean Gilbert break down why SharpLink staked $200 million in ETH through Lido, making the case that unlike Bitcoin, Ethereum is a natively productive asset that treasury companies have a duty to put to work. They unpack why a proposal to cut Ethereum's staking issuance would undermine the risk-free rate anchoring DeFi lending and push institutions toward competitors like Solana, and explain why native yield is becoming the standard institutional playbook for ETH exposure.Joseph Chalom is the CEO of SharpLink, one of the largest corporate treasury holders of Ethereum. Kean Gilbert is the Head of Institutional Relations at Lido, the largest liquid staking protocol on Ethereum.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro05:41 Making ETH Fully Productive08:39 Ethereum's Issuance Reduction Proposal11:00 Why A Third Of ETH Stays Onchain14:01 Rise Of Institutional Staking Products19:19 Revenue And Token Value23:50 Fidelity Adds Ethereum Staking28:41 Permanent Capital Beats Trumps AllGuest Socials:Joseph Chalom X: https://x.com/joechalomSharplink X: https://x.com/SharplinkSharplink Website: https://www.sharplink.com/Kean Gilbert X: https://x.com/Kean_GilbertLido X: https://x.com/LidoFinanceLido Website: https://lido.fi/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. More here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. More here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.More here: https://www.zama.org/---

Daryl Xu joins us to explain the biggest shift happening in AI. He introduces B3 IQ, a platform that lets anyone rent-to-own AI compute instead of relying on centralized API providers, and makes the case that using decentralized inference has a hidden cost most people overlook: your proprietary data. He also explains why inference demand keeps climbing even as GPU prices depreciate slower than expected.Daryl Xu is the Co-Founder and CEO of NPC Labs, a core contributor to the B3 ecosystem and creator of B3 IQ, an AI compute ownership platform.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:28 The Compute Ownership Thesis09:53 B3's Evolution Into AI13:34 Own Your GPU, Own Your Data18:40 How GPU Owners Earn From AI22:34 Live Demo Of The Platform27:48 Who Are The Compute Customers?32:05 Why Inference Demand Keeps GrowingGuest Socials:Daryl Xu X: https://x.com/darylX24B3 Labs X: https://x.com/b3labsB3 Labs Website: https://b3labs.org/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Bitwise's CIO Matt Hougan and Head of Research Ryan Rasmussen break down why institutional ETF investors kept buying through the summer's 50% drawdowns and explain why they expect the next bull market to look a lot different than previous ones. They also make the case that ETF flows are expanding, what institutional allocators really want to buy, and the long-term forecasts for top digital assets.Matt Hougan is the Chief Investment Officer at Bitwise, and Ryan Rasmussen is the Head of Research at Bitwise, one of the largest digital assets asset managers with a suite of digital asset ETFs spanning Bitcoin, Ethereum, Solana, and beyond.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:00 Market Structure Shifting03:01 Is The Four Year Cycle Compressing?08:07 Positive ETF Flows Since July 1st13:55 Why Institutions Buy Majors, Not Apps (Yet)15:21 Digital Asset Natives See A Different Opportunity18:05 Bitcoin Starting To Trade Like Gold20:42 Institutions Are Getting Sophisticated Now30:59 Hyperliquid & Zcash Bull Thesis37:04 Memes Aren't Sustainable Guest Socials:Matt Hougan X: https://x.com/Matt_HouganRyan Rasmussen: https://x.com/RasterlyRockBitwise X: https://x.com/BitwiseBitwise Website: https://bitwiseinvestments.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Edward Woodford, CEO of zerohash breaks down their new Visa Direct partnership, which lets Visa move value instantly across its 12 billion endpoints in over 190 countries using stablecoins. He explains how zerohash quietly powers stablecoin infrastructure for Stripe, Morgan Stanley, and BlackRock's BUIDL fund. He also makes the case that stablecoins are just the first tokenized asset class, and that the real transformation begins once tokenized equities and deposits build on the same rails. Welcome to the future of finance.Edward Woodford is the Founder and CEO of zerohash, a stablecoin and digital asset infrastructure company powering major financial institutions including Visa, Stripe, and Morgan Stanley.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:41 How zerohash Works Underneath04:43 The Visa Direct Partnership07:28 Monetary Velocity Onchain Accelerating09:33 Distribution Is The Real Metric13:38 What Actually Drove Growth16:52 BlackRock's BUIDL Partnership ExpandsGuest Socials:Edward Woodford X: https://x.com/e_woodfordZerohash X: https://x.com/zerohashxZerohash Website: https://zerohash.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Matthew Sigel breaks down why the AI buildout looks more like the 19th-century railroad boom than a bubble about to pop, comparing capital scale, financing structure, and multiyear purchase order backlogs. He also explains why VanEck has gone underweight major L1s like Solana in favor of corporate chains from Circle, Stripe, and Robinhood, and why he believes a CLARITY Act relief rally could be "enormous" if disclosure requirements finally arrive.Matthew Sigel is the Head of Digital Assets Research at VanEck and Portfolio Manager of the VanEck Onchain Economy ETF (NODE), one of the most prominent actively managed funds focused on digital assets equities and infrastructure.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro06:41 Hyperscaler Debt Financing Shift09:20 Comparing AI To The Railroad Boom13:34 Why This Buildout Feels Different15:46 Railroad Boom's Government Backing20:47 Corporate Chains Are Winning22:52 CLARITY Would Spark A Relief RallyGuest Socials:Matthew Sigel X: https://x.com/matthew_sigelVanEck X: https://x.com/VanEck_usVanEck Website: https://www.vaneck.com/corp/en/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Jesse Pollak joins us on CLARITY week to break down how Base is leading in trading, onchain finance, and payments. He also explains how x402 agentic payments and tokenized inference are turning Base into the settlement layer for AI agents, something we've been excited about for a while. He also gives a real update on the long-awaited Base token, Ethereum and the scaling Base is bringing, and also explains why he's optimistic the CLARITY Act passes and accelerates adoption even further in 2026.Jesse Pollak is the Creator of Base, Coinbase's Ethereum Layer 2 network powering trading, payments, financing, and the fastest-growing agentic commerce ecosystem in digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro03:39 Trading, Onchain Finance & Payments06:06 Memecoins Meet Real Utility09:05 Tokenized Inference Takes Off on Base12:06 x402 Agentic Payments Explode14:35 Cobie's Influence On Trading20:25 CLARITY Act Ripple Effect Explained23:19 Base Token UpdateGuest Socials:Jesse Pollak X: https://x.com/jessepollakBase X: https://x.com/baseBase Website: https://www.base.org/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

CLARITY final countdown special today on the show.We're getting the legal, investor, builder, and the onchain business-impact angles in today's show.00:00 Intro05:10 Equities Rally And Earnings Momentum09:01 SEC's Rulemaking Backup Plan10:44 Tokenized Deposits Explained17:48 Open USD And Permissioned Chains19:39 Base's Internet Exchange Vision21:23 Tokenizing Equities On Avalanche26:14 Wrapping Up Tokenization TowerPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Haseeb Qureshi breaks down why crypto markets have become numb to CLARITY Act headlines, and explains why Western Union partnering with Dragonfly portfolio company Rain signals stablecoins are already eating into legacy payment margins. He also makes the case that tokenized deposits are "basically uninteresting" compared to stablecoins, and questions whether Tempo's Open USD consortium is a real commitment or just a free option for its backers.Haseeb Qureshi is a Managing Partner at Dragonfly, a leading digital assets venture capital firm with investments spanning stablecoins, infrastructure, and consumer crypto applications.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Markets Are Sluggish 08:15 Western Union Bets On Rain12:23 Tokenized Deposits Vs Stablecoins17:56 Real Innovation Vs Fake Crypto23:13 Is Open USD Just A Free Option26:21 Stripe's Not Betting That Hard35:07 Why Rain Could Be EnormousGuest Socials:Haseeb X: https://x.com/hosseebDragonfly X: https://x.com/dragonfly_xyzDragonfly Website: https://www.dragonfly.xyz/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Cody Carbone breaks down the real vote count behind the CLARITY Act and explains why ethics has become "the whole ballgame" holding up trillions in potential capital inflows. He also draws parallels to the GENIUS Act's rocky path to passage, making the case that history says this bill still gets done.Cody Carbone is the CEO of The Digital Chamber, a leading blockchain advocacy organization working directly with lawmakers in Washington, DC to pass digital asset market structure legislation.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro03:05 The Path To 60 Votes05:07 Ethics Is The Whole Ballgame09:31 New Ethics Language Being Brokered11:57 History Shows Deals Get DoneGuest Socials:Cody Carbone X: https://x.com/CodyCarboneDCThe Digital Chamber X: https://x.com/DigitalChamberThe Digital Chamber Website: https://digitalchamber.org/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Eleanor Terrett breaks down the state of play on the CLARITY Act just before the August recess deadline, unpacking the ethics language dividing Democrats and Republicans and why the DOJ-versus-state-AG enforcement fight remains the key sticking point. She also explains why the Blockchain Regulatory Certainty Act has suddenly become just as contentious, pitting developer protections against law enforcement concerns.Eleanor Terrett is the Co-Founder and Co-Host of Crypto in America, a leading independent outlet covering digital assets policy and regulation in Washington, DC.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:28 The Ethics Provision Explained06:45 Why Democrats Say It's Not Enough09:22 60 Democrats Votes Needed11:24 The FTX Hangover Still Lingers14:26 BRCA's Developer Liability Fight17:10 Staking And Bank PushbackGuest Socials:Eleanor Terrett X: https://x.com/EleanorTerrettCrypto In America X: https://x.com/CryptoAmerica_Crypto In America Website: https://linktr.ee/cryptoinamerica_Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at 1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Vladimir Novakovski breaks down why both Lighter Core and Robinhood Chain sit on top of Ethereum, and how ZK proofs let market makers move capital between instances within minutes. He also previews a future where users simply describe their market thesis and let an AI agent execute the trade, plus options on pre-IPO stocks currently in the works. Finally, he lays out why the LIT token carries zero dual structure, it represents 100% of Lighter's equity, with all future value, including quarterly buybacks, accruing directly to token holders.Vladimir Novakovski is CEO of Lighter, a decentralized perp exchange built on top of Ethereum with an institutional-grade security-first architecture.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro04:23 Options & Pre-IPO Stocks Expansion 06:49 Robinhood And Telegram Partnerships09:58 Regulatory Parameters Per Lighter Perps Instance12:39 One Global Liquidity Layer16:18 The LIT Token Is The Equity21:13 CLARITY Revenue Sharing 24:39 Diversified Revenue Story28:27 Institutional Vs Retail Tracks31:44 Lessons From Citadel And SBF34:02 AI Agents Have Already Started TradingGuest Socials:Vladimir Novakovski X: https://x.com/vnovakovskiLighter X: https://x.com/Lighter_xyzLighter Website: https://lighter.xyz/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at 1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Sam Kazemian makes the case that there's no hidden "dead body" under this digital assets cycle, and he breaks down how GENIUS-compliant stablecoins could power instant business banking, from incorporation to payroll to DeFi, from day one. He also unpacks Frax's new banking partnership with Erebor and why he believes a handful of stablecoin consortiums could become "the next Visa network."Sam Kazemian is the Founder of Frax, a protocol behind frxUSD and one of the earliest and longest-running stablecoin projects in digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:34 No Big Dead Bodies In Crypto06:26 Instant Business Banking Onchain09:50 Frax's Erebor Banking Partnership15:55 Open USD Alliance Explained21:13 The Next Visa Network Is Forming25:46 Genius Compliant Or BustGuest Socials:Sam Kazemian X: https://x.com/samkazemianFrax Finance X: https://x.com/FraxFinanceFrax Finance Website: https://frax.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at 1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Rebecca breaks down the 600-page CLARITY Act, from its unprecedented ethics language to the extensive new rulemaking powers it hands regulators, and explains why full implementation could take years even after passage. She also unpacks hidden riders in the bill and a lesser-known fight brewing between prediction markets and the gaming industry.Rebecca Rettig is the COO at Jito Labs, a Protocol Labs company, and a veteran digital assets policy voice who previously worked on DeFi regulatory issues during the early days of centralized exchange dominance in Washington.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro04:36 Clarity's Unprecedented Ethics Language09:05 New Powers For Regulators11:32 Regulators Struggle With Rulemaking14:53 Treasury Defines DeFi Control21:28 Hidden Riders In The Bill25:30 Prediction Markets Vs Gaming IndustryGuest Socials:Rebecca Rettig X: https://x.com/RebeccaRettig1Jito Labs X: https://x.com/jito_labsJito Labs Website: https://www.jito.network/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at 1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Sergej Kunz breaks down 1inch's new Aqua protocol, built on research showing liquidity providers left over $150 million in fees on the table, and explains how it lets users earn yield without giving up custody, governance rights, or capital efficiency. He also traces 1inch's evolution from intent-based swaps and Fusion.Sergej Kunz is the Co-Founder of 1inch, a leading DeFi aggregator and liquidity infrastructure protocol he built starting from an Ethereum hackathon in 2019.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro01:13 The $150 Million Fee Leak02:34 1inch's Origin And Pathfinder04:11 Fusion And The Sandwich Attack Fix04:49 Fixing The Broken Bridge Space09:17 Compliance Without Mixing Liquidity11:40 Aqua's Incentive Program13:09 Liquidity That Never Leaves Your Wallet15:01 The Math Behind Optimal Fees18:22 Looping For 40x Efficiency23:09 One Wallet, Eight Venues25:53 85% Of Liquidity Sits Idle28:12 4x LP Fee Efficiency29:34 Aqua Incentives & Game TheoryGuest Socials:Sergej Kunz X: https://x.com/deacix1inch X: https://x.com/1inch1inch Website: https://1inch.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at 1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Paul Frambot breaks down how Morpho's new Midnight protocol lets curators price risk directly, unlocking under-collateralized lending onchain for the first time, and explains why he believes DeFi is finally ready to capture a slice of the $200 trillion global credit market. He also makes the case against aggressive token buybacks, arguing that reinvesting in growth beats shrinking the float.Paul Frambot is the Founder and CEO of Morpho, a decentralized lending protocol powering onchain credit for Coinbase, Robinhood, and other major institutions.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro02:25 Unlocking The $200T Credit Market09:05 Midnight Unlocks Custom Loan Pricing11:32 Under-Collateralized Loans Become Reality18:30 Risk-Adjusted Markets Never Before Possible21:13 Token Value Vs Buybacks Debate34:21 Clarity Act Update From DCGuest Socials:Paul Frambot X: https://x.com/PaulFrambotMorpho X: https://x.com/MorphoMorpho Website: https://app.morpho.org/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Leo Fan breaks down why the real bottleneck in AI isn't model intelligence but a persistent GPU shortage driving up inference costs, even as open-source models from China close the gap. He also unpacks the financialization of compute and why some believe it could become one of the largest derivatives markets in the world.Leo Fan is the Founder of Cysic, a full-stack compute network turning GPUs, ASICs, and spare hardware into verifiable AI infrastructure, and a Cornell CS PhD researcher in zero-knowledge systems and AI.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro04:18 Kimi K2 Shocks Compute Demand06:39 GPU Shortage Drives Inference Costs11:34 Engineering Around Chip Gaps18:23 Compute Financialization20:48 Earning Yield From Spare Compute23:20 Compute Markets FutureGuest Socials:Leo Fan X: https://x.com/leofanxiongCysic X: https://x.com/cysic_xyzCysic Website: https://cysic.xyz/ Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Johann Kerbrat breaks down Robinhood Chain's explosive first three weeks and explains the strategy behind bringing tokenized equities, DeFi, and stablecoin yield onchain. He also unpacks the Base vs. Robinhood Chain rivalry and Robinhood's broader vision to become a true financial super app.Johann Kerbrat is the General Manager of Crypto at Robinhood, leading the launch of Robinhood Chain and the company's push into tokenized equities, DeFi, and onchain finance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro02:50 Three Megatrends Robinhood Is Betting On05:02 Bringing Tokenized Equities Onchain15:04 Who Wins The Tokenization Wave18:19 Base Vs Robinhood Chain Rivalry22:18 Bringing Off-Chain Products Onchain24:36 Robinhood Chain's Business Model27:00 Robinhood's Super App VisionGuest Socials:Johann Kerbrat X: https://x.com/JohannKerbratRobinhood Crypto X: https://x.com/RobinhoodCryptoRobinhood Crypto Website: https://robinhood.com/us/en/chain/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Maredith Hannon breaks down why WisdomTree built its own end-to-end tokenization platform rather than relying on partners, and explains why she believes regulatory clarity from the GENIUS and CLARITY Acts will unleash a "tidal wave" of onchain asset growth. She also makes the case that privacy and identity are the next must-solve primitives for institutional adoption of tokenized assets.Maredith Hannon is the Head of Business Development at WisdomTree Digital Assets, a division of the $170+ billion global ETF and ETP sponsor building tokenized money market funds, stablecoins, and real-world asset products.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.00:00 Intro02:37 Building Their Own Tech Stack05:18 Who Wins The Tokenization Wave09:04 Choosing The Right Partners11:31 Why A Tokenized Money Market Fund13:37 Clarity Act Deadline Looms15:39 Genius Act's Tidal Wave Effect19:13 Vaults And Custom Portfolios22:05 Why Privacy Is Non-Negotiable27:37 Why Investors Choose TokenizationGuest Socials:WisdomTree X: https://x.com/WisdomTreePrimeWisdomTree Website: https://www.wisdomtreeprime.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Salman Banaei breaks down the state of play in DC on the CLARITY Act, from the ethics fight holding up Democratic support to the DeFi and conflicts-of-interest provisions still being negotiated, and puts the odds of passage this cycle at 40-50%. He also explains why Title IV's bank provisions and the bill's token fundraising framework could be some of the biggest unlocks in digital assets regulation yet.Salman Banaei is the General Counsel at Plume, a blockchain built for real-world asset finance, and a former SEC and CFTC policy advisor who has testified before Congress on digital asset regulation.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.|Timestamps:00:00 Intro01:19 Trump $2 Billion Meme Coin Controversy03:29 Private Negotiations Happening Now06:03 Trump Personally Attached To Ethics Clause09:44 Four Areas Of Debate Explained12:27 DeFi Provision Breakdown15:00 Clarity Act Market Structure Deep Dive19:05 Next Window Is Post 2028 Election21:29 August 10th Hard Deadline Confirmed24:52 Transaction Based Rewards PermittedGuest Socials:Salman Banaei X: https://x.com/banamlasPlume X: https://x.com/PlumeNetworkPlume Website: https://plume.org/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Andre Cronje breaks down why he believes decentralization is dead as a design goal, and unpacks how Flying Tulip is rebuilding DeFi composability. He also explains the security-versus-UX tradeoffs behind circuit breakers, upgradable contracts, and Flying Tulip USD's delta-neutral staking design.Andre Cronje is the Founder of Flying Tulip and a veteran DeFi builder known for creating Yearn Finance, Sonic, and several other foundational protocols in decentralized finance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.00:00 Intro05:58 Security Versus UX Tradeoffs11:05 Decentralization Is Dead17:28 Curated Vaults Hide Real Risk21:00 Flying Tulip's Core Thesis23:05 Rebuilding DeFi Composability30:02 RFQ-Based Liquidations Explained33:20 Why Equity Margin Accounts40:29 Permissionless Single Asset Pools43:31 Origin Of Flying Tulip USD46:19 Delta Neutral Staking YieldGuest Socials:Andre Cronje X: https://x.com/AndreCronjeTechFlying Tulip X: https://x.com/flyingtulip_Flying Tulip Website: https://x.com/flyingtulip_Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Alex Shevchenko breaks down Confidential Intents, NEAR's new privacy layer that brings bank-level confidentiality to every DeFi primitive, and explains why a dollar that becomes payroll onchain tends to stay onchain. He also unpacks NEAR's "practical privacy" design and how it differs from Zcash and Tornado Cash. He also shares his personal bull case for Zcash and NEAR's own token economics.Alex Shevchenko is the GM at NEAR Intents, a universal liquidity layer that has processed over $23 billion in volume and helped power adoption of the Zcash ecosystem.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps02:37 Confidential Intents Explained05:26 Payroll Goes Onchain07:26 NEAR Intents' Growth Drivers13:55 NEAR's Inflation Debate16:31 Privacy As Crypto's Biggest Moat22:18 US Vs EU Regulatory Approach27:36 Designing Confidential Intents34:57 NEAR's Practical Privacy Model42:01 The Zcash Bull CaseGuest Socials:Alex Shevchenko X: https://x.com/AlexAuroraDevNEAR Protocol X: https://x.com/NEARProtocolNEAR Protocol Website: https://www.near.org/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch is your secure, efficient platform for tokenized RWAsWhatever asset you're buying - swap it at 1inch.com.---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Hanson Birringer breaks down why Hyperliquid is the purest way to express the bull case on perps, tokenization, and stablecoins all at once, and unpacks the mechanics behind the Grayscale ETF and Hyper Holdings' push to bring institutional capital onchain. He also explains why Hyperliquid's revenue could grow exponentially as HIP-3 markets and USDC0 stablecoin flows scale.Hanson Birringer is the Co-Founder and Chief Revenue Officer of Hyperdash, a global brokerage and trading data analytics platform built on Hyperliquid, and a core contributor to Hyper Holdings Global.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro00:48 Hyperliquid's Evolving Thesis02:24 The Three Megatrends Converge03:02 Hyperliquid's Purest Expression04:24 Stablecoins Give Up 90% Fees05:39 Builder Codes Compound Liquidity06:48 HIP-3 Regulatory Headwinds10:18 Incumbents Start Fighting Back13:22 Hyperliquid's Revenue Forecast16:22 Hyper Holdings And Grayscale ETF20:44 What's Next For Adoption23:44 Token Holders As First-Class Citizens25:23 Hyperdash's Business Model26:30 Imperator Acquisition Explained27:47 Bull And Bear CaseGuest Socials:Hanson Birringer X: https://x.com/HansonBirringerHyperdash X: https://x.com/hypurrdashHyperdash Website: https://hyperdash.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---1inch - Simple experience. Smart execution. Trading built to scale. It's time to bring the world onchain. https://1inch.com/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Joseph Chalom makes the case that Ethereum has the license to win and is finally going on offense to prove it, backed by ETH Labs, Ethereum Institutional, and dominant market share across stablecoins, tokenization, and DeFi. He argues ETH is the trust commodity behind trillions in future onchain asset flows, and that the risk-reward for holding it has never been better.Joseph Chalom is the CEO of SharpLink, one of the largest corporate treasury holders of Ethereum, and a key steward behind the launch of ETH Labs and Ethereum Institutional.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro02:28 The Messaging Was The Problem04:07 Ethereum Has The License To Win06:18 The Real Tokenization Land Grab09:58 The Institutional Supercycle Is Here13:17 Best Risk-Reward Entry Ever17:43 Organized, Loud, And Winning19:27 Decentralized And Unstoppable21:37 Chalom And Lee Align Forces24:27 The ETH Supply Sink TightensGuest Socials:Joseph Chalom X: https://x.com/joechalomSharplink X: https://x.com/SharplinkSharplink Website: https://www.sharplink.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Lincoln Murr breaks down why Coinbase is building toward a post-AGI economy where autonomous agents hold their own financial accounts and transact using digital assets rails. He also unpacks the geopolitics of AI regulation, from potential government stakes in frontier labs to the rise of cheaper Chinese models challenging U.S. dominance.Lincoln Murr is the Head of AI Product at Coinbase, leading the company's x402, Coinbase for Agents, and Coinbase Advisor initiatives at the intersection of artificial intelligence and digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro01:04 AI Meets Digital Assets02:58 Speculating On Compute Markets05:13 Coinbase Advisor Explained07:18 Fully Autonomous Agent Trading10:04 AI Models Get Restricted14:01 Nationalizing AI Labs15:04 Cheap Chinese Models Debate18:00 Data Centers In Space19:56 How Early AI Adoption Is21:25 Coinbase's Post-AGI Vision23:35 Where AI And Payments ConvergeGuest Socials:Lincoln Murr X: https://x.com/MurrLincolnCoinbase X: https://x.com/CoinbaseCoinbase Website: https://www.coinbase.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Michael Egorov breaks down why FX markets are slowly but inevitably moving onchain, driven by real demand from crypto-native fintechs rather than a big institutional push. He also explains how Curve is evolving its concentrated liquidity design to support currency pairs beyond stablecoin-to-stablecoin swaps, and why dollars that enter the chain tend to stay there.Michael Egorov is the Founder and CEO of Curve, one of DeFi's most foundational protocols and a pioneer of stablecoin liquidity infrastructure since the earliest days of decentralized finance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro01:49 Stablecoin Landscape Today03:56 Curve's Original Design05:44 Non-USD Stablecoin Debate07:40 Fintechs Driving FX Demand09:34 Spread Needed For FX12:31 Consumer Behavior Theory18:11 Institutions Using Curve20:44 Dollars Stay On Chain23:13 Curve's Fiat Cash Leg29:02 Managing Concentrated Liquidity31:02 Curve's Origin StoryGuest Socials:Michael Egorov X: https://x.com/newmichwillCurve X: https://x.com/yieldbasisCurve Website: https://yieldbasis.com/earnPartners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Niklas Kunkel breaks down the strange divergence between record institutional bullishness on digital assets and the apathy in digital asset-native circles. He also details Chronicle's path to becoming the leading oracle, the mechanics of an upcoming token, and why the next phase of tokenization is just beginning.Niklas Kunkel is the Founder and CEO of Chronicle Labs, the oracle infrastructure that spun out of MakerDAO and now secures over $16 billion in onchain assets for institutions including BlackRock and BNY.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Chronicle's Origin Story01:12 Institutions Bullish03:28 Institutional Driven Market Cycle06:18 What Institutions Want Now09:04 Utility Vs Distribution Problem11:12 Redefining Proof Of Reserves16:14 Why Trust Chronicle19:35 DeFi's $150B Ceiling21:08 The $2 Trillion Opportunity25:39 Who's Winning RWA Race30:57 How To Get Exposure34:07 Hyperliquid Sets The Standard41:32 Chronicle's Institutional Partnerships50:13 Institutional Compliance Explained55:48 Chronicle Is Launching A TokenGuest Socials:Niklas Kunkel X: https://x.com/nomos_paradoxChronicle X: https://x.com/ChronicleLabs Chronicle Website: https://chroniclelabs.org/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Gracy Chen breaks down how Bitget evolved into a universal platform offering tokenized stocks, ETFs, bonds, forex, and pre-IPO positions, shares the 10% vision she pitched to BlackRock CEO Rob Goldstein, and explains why stablecoin issuers and Solana's RWA positioning are the biggest winners of the tokenization wave. One of the most globally-minded CEO perspectives we've had on the show.Gracy Chen is CEO of Bitget, one of the world's largest global digital assets exchanges offering crypto, tokenized stocks, ETFs, bonds, and pre-IPO assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro02:50 Bitget's Tokenized Stock Offering05:39 Return To Fundamentals Era08:32 Quality Projects Taking Shape11:02 Top Exchanges Diverge Now13:39 10% Vision With BlackRock16:26 Who Wins This Wave?19:14 Nvidia Stock As Collateral22:46 Perps Coming To US25:34 Perps And Spot Coexist28:10 Marathon Not A SprintGuest Socials:Gracy Chen X: https://x.com/GracyBitgetBitget YouTube: https://x.com/bitgetBitget Website: https://www.bitget.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Amos joins us to break down why inference is the new oil and companies will hedge inference costs the same way airlines hedge jet fuel, why AntSeed is open router without open router in the middle, and why all network revenue goes to buy and burn with no company capturing value. 14 years in crypto. This is what he's building next.Amos Meiri is Co-Founder of AntSeed, an open-source P2P marketplace for AI inference, and a 14-year crypto veteran who helped build colored coins alongside Vitalik before Ethereum existed.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro03:17 Inference Is New Oil06:27 AI Financialization Just Starting09:27 BitTorrent Model For Inference11:59 1,000 Users Three Months14:45 Open Market Creates Competition17:31 Foundation Not A Company20:01 Liquid Inference Token Explained22:38 Venice DM Token Parallel25:36 Permissionless Inference Is FutureGuest Socials:Amos Meiri X: https://x.com/AmosMeiriAntSeed X: https://x.com/AntSeedAIAntSeed Website: https://antseed.com/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

Yesterday Robinhood hosted their “The World is Flat” event where they announced the Robinhood chain mainnet & deepened relationship with Lighter, amidst many other digital asset focused initiatives. Lighter was named the official perps partner of Robinhood and will be directly integrated within the Robinhood wallet.Vladimir Novakovski is CEO and Co-Founder of Lighter, a decentralized perpetual exchange with an institutional-grade security-first architecture.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro02:53 Perps For Robinhood Users05:30 What Lighter Brings Robinhood08:13 ETH As The Clearing Layer10:47 Building Beyond Robinhood13:40 Options Launch In Q3Guest Socials:Vladimir Novakovski X: https://x.com/vnovakovskiLighter X: https://x.com/Lighter_xyzLighter Website: https://lighter.xyz/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---

VirtualBacon Dennis Liu breaks down why Bitcoin at 58K is deep value territory, why the four year cycle has repeated exactly as expected and isn't going anywhere, and why HYPE and Lighter are the cleanest expressions of the tokenization trade while ETH wins the underlying technology stack. Plus his hot take on MicroStrategy's real liquidation level and why the $1.25B Bitcoin sale is barely a rounding error.Dennis Liu is a digital assets trader and content creator widely known as VirtualBacon, one of the most followed technical analysis voices in the digital assets space.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro02:36 Bitcoin Gold Post Iran05:09 Equal Playing Field Now08:05 After Clarity Divide Begins11:04 Retail Vs Institutional Divide13:51 Only Five Stablecoin Players16:37 Perps Huge Next Cycle19:22 Kalshi Overtook Polymarket21:52 MSTR Liquidation Level $10K24:29 Three Parties To Please27:05 Five Years Angel Experience30:00 Revenue Beats L1 Thesis37:48 Tokenization Trillions Are Coming40:32 ETH Wins Token IssuanceGuest Socials:Virtual Bacon X: https://x.com/virtualbaconVirtual Bacon YouTube: https://www.youtube.com/@virtualbaconPartners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---APYX - Enhanced Digital Credit Yield, Onchain | On Track to Become the Largest Holder of STRC. https://apyx.fi/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_i...---