FYI - For Your Innovation

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.

In this episode, Cathie Wood and guests reflect on ARK’s decade-long Bitcoin journey—from early research to its prominent role in Big Ideas 2026—and debate Bitcoin’s evolving thesis amid shifting macro conditions. The conversation distinguishes Bitcoin as “freedom technology” versus stablecoins as more “humanitarian” but censorable tools, while exploring institutional adoption, emerging-market use cases, and gold’s relationship to Bitcoin as a hedge. The group then pivots to the convergence of Bitcoin, AI, and decentralized social (Noster), highlighting “vibe coding,” open-source acceleration, and the rise of autonomous agents—ending with a forward-looking vision of 2030 shaped by autonomous mobility, healthcare breakthroughs, and expanding digital/space frontiers.

Guests on this month’s Bitcoin Brainstorm include:

• Lorenzo Valente: Director of Digital Assets, ARK Invest
• Alex Gladstein: Chief Strategy Officer (CSO), Human Rights Foundation (HRF) 
• Tuur Demeester: Founder, Adamant Capital
• Alex Gleason: Open-source developer / Soapbox developer; formerly Head of Engineering at Truth Social.
• Rapha Zagury: Founder and CEO, Elektron Energy
• Cathie Wood: Founder, CEO and CIO at ARK Invest 
• Rod Roudi: Founder, Bitcoin Park

Key Points From This Episode:

• (0:00) Intro disclaimer
• (1:04) Flashback: ARK’s 2016 Bitcoin white paper
• (2:33) Bitcoin in Big Ideas — a 10-year evolution
• (7:49) Bitcoin vs. stablecoins: freedom tech vs. humanitarian tech
• (12:23) Personal stories: Brazil, inflation, and Bitcoin’s role
• (17:14) Tuur on Bitcoin cycles, gold correlation, and price thesis
• (26:37) Convergence: Bitcoin, AI, and decentralized social
• (31:41) New renaissance: vibe coding, AI agents, and entrepreneurship
• (34:24) Open source, Claude bots, and encrypted personal AI
• (46:44) Autonomous agents exchanging Bitcoin
• (48:19) Dreaming of 2030: freedom tech and decentralization
• (52:17) Bitcoin mining, energy, and infrastructure
• (56:11) Cathie: AI’s biggest opportunities — mobility and healthcare

Learn more about Bitcoin Park: bitcoinpark.com

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

In this episode of FYI – For Your Innovation, ARK’s Cathie Wood speaks with Don Wilson, a pioneer in crypto market infrastructure and the founder of DRW and Cumberland. They discuss the accelerating shift of traditional finance onto blockchains, focusing on the emergence of the Canton Network, a public permissionless blockchain designed for institutions—with privacy and permissioning at its core. Don unpacks why Depository Trust and Clearing Corporation’s (DTCC’s) decision to tokenize U.S. Treasuries on Canton marks a turning point in institutional adoption, how Canton balances decentralization with control, and what makes it uniquely suited for real-world asset (RWA) tokenization. The conversation covers stablecoins, the evolving role of private credit and equity, and how tokenization might reshape collateral, leverage, and capital efficiency. Don also offers sharp takes on Maximal Extractable Value (MEV) vs. payment for order flow, prediction markets, and whether we’re still in a “four-year crypto cycle.” A must-listen for those tracking the future of digital asset infrastructure.

• [00:00] Intro + Why tokenization matters: reducing costs, unlocking capital efficiency, and ARK’s thesis on blockchain infrastructure
• [06:27] Don Wilson’s background, early crypto involvement, and the founding of Cumberland and Canton
• [09:57] Why privacy and permissioning are essential for institutional blockchains
• [13:44] DTCC's adoption of the Canton Network and the mechanics of tokenizing U.S. Treasuries
• [25:05] Real-world benefits of tokenization: collateral mobility, after-hours lending, and stablecoin settlement
• [29:23] Prediction markets: institutional vs. retail use cases and the importance of privacy on-chain
• [35:13 – 37:23] Scaling Canton: new strategic investors and trillions in tokenized assets already on-chain
• [37:25 – 47:34] Private equity and credit on-chain: implications for efficiency, leverage, and retail access
• [47:34] MEV vs. payment for order flow: why Don believes MEV resembles illegal front-running
• [48:18] Crypto market structure: October flash crash, ETFs, and institutional buyers in the current cycle
• [55:10] Closing remarks

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

In this episode of The Brainstorm, hosts Sam, Brett, and Nick are joined by Frank Downing to dig into “Clawdbot” (recently renamed to “Moltbot”) and why it went viral—highlighting its transparent file-based memory, extensible skills, and the shift from Q&A chatbots to more autonomous assistants. They then pivot to OpenAI monetization—discussing ads, lower-priced tiers, and a commerce take-rate via Shopify—plus what ads could do to user trust in chatbot answers. The episode closes with a quick Robotaxi check-in in Austin and a debate about what it means for scaling Tesla autonomy and legacy hardware.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Wolf.financial, and sponsored by Public. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Moltbot (previously Clawdbot)  was discussed as a compelling open-source agent approach because it uses transparent file-based “memory” and modular skills, but the hosts framed it as still early and mostly hobbyist compared with mainstream assistants. 
• The episode argued that OpenAI monetization is moving toward ads, lower-priced tiers, and commerce economics (including a Shopify take-rate concept), while stressing that ad incentives could meaningfully affect user trust in chatbot answers depending on how they’re integrated. 
• The Robotaxi segment used Austin progress (including a shift away from an in-car safety driver) to debate how quickly Tesla can scale autonomy and whether older hardware will be able to support truly unsupervised driving.

To learn more about WOLF: https://wolf.financial

To learn more about Public: https://public.com/

In this episode of FYI – For Your Innovation, ARK's CEO Cathie Wood hosts a wide-ranging conversation with Marco Santori, CEO of Solmate, and Dr. Arthur Laffer, renowned economist and longtime ARK advisor. Together, they explore the evolving crypto landscape, regulatory shifts, and why Solana is emerging as a powerful foundation for next-generation financial infrastructure. Santori, previously Chief Legal Officer at Kraken and General Partner at Pantera, shares why he’s now focused on building Solmate atop the Solana blockchain—and why the Middle East is a critical part of that strategy. He explains Solana’s technical advantages, from base-layer speed to support for smart contracts, and its potential to become the platform of choice for high-frequency trading, AI-driven transactions, and decentralized financial services. Dr. Laffer brings historical context to the conversation, contrasting private and government-controlled currencies and making the case for innovation in monetary systems. He also reflects on why he joined the board of Solmate and what excites him about its approach to financial infrastructure and economic growth.

●      [0:00] Meet the guests: Marco Santori’s legal background and early Solana investment

●      [4:45] Regulatory whiplash: How the U.S. landscape shifted under a new administration

●      [7:16] Dr. Laffer’s crypto “aha” moment and the history of private money

●      [13:30] Why Marco chose Solana: performance, smart contracts, and AI readiness

●      [18:05] Ethereum vs. Solana: decentralization, speed, and Wall Street applications

●      [23:27] Solmate’s board and Middle East connections

●      [30:14] Why the United Arab Emirates (UAE) is betting on Solana

●      [37:09] The evolution of Solmate from digital asset treasury to infrastructure company

●      [42:38] Revenue strategy: building cash flow, not just holding tokens

●      [46:23] The Middle East as a geographic and latency hub for blockchain innovation

●      [51:06] High-frequency transacting: the next frontier in trading

●      [52:31] Solana and on-chain prediction markets

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

In this episode of The Brainstorm, hosts Sam, Brett, and Nick are joined by Cathie Wood to discuss a range of pressing economic and technological topics. The conversation kicks off with the implications of Jerome Powell's subpoena and the broader economic initiatives under the Trump administration. Cathie Wood shares insights on the impact of these policies on consumer sentiment, inflation, and the housing market. The discussion also delves into the dynamics between Apple, Google, and AI technology, highlighting the strategic partnerships shaping the future of digital assistants like Siri. The episode wraps up with a lively debate on the potential of humanoid robots and the evolving landscape of innovation and investment.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Wolf.financial, and sponsored by Public. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Cathie Wood discusses the economic impact of Jerome Powell's subpoena and recent Trump administration policies on consumer sentiment and inflation.
• The conversation explores the strategic partnership between Apple and Google, focusing on AI technology and its implications for Siri.
• The hosts debate the potential of humanoid robots and the investment landscape for innovation in this field.
• The episode touches on the dynamics of the housing market and the influence of political and economic factors on housing prices.

To learn more about WOLF: https://wolf.financial

To learn more about Public: https://public.com/

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.

Guests on this month’s Bitcoin Brainstorm include:

• Lorenzo Valente: Director of Digital Assets at ARK Invest
• Frank Corva: Former Bitcoin White House Correspondent and Contributor to Forbes Crypto
• Jeff Booth: General Partner of Ego Death Capital and Board Member of Core Scientific 
• Rory Murray: VP Digital Assets Management at CleanSpark
• Cathie Wood: Founder, CEO and CIO at ARK Invest
• Rod Roudi: Co-Founder, Bitcoin Park

Key Points From This Episode:

0:00 — Welcome + 2025 → 2026 setup

0:52 — 2025 price action: $120k, 10/10 flash crash, four-year cycle & volatility

5:06 — Why 2025 was a “before/after” year: Genius Act, Clarity Act, institutional rails

10:13 — Stablecoins vs Bitcoin: “usurping a role” + medium-of-exchange reality check

12:38 — Circular economies on the ground: Kibera (Afribit) + real-world usage

20:32 — US adoption push: Square/Block terminals + merchant acceptance

22:26 — The “de minimis” tax exemption: why it matters + political momentum

28:04 — Privacy + developer protections: Clarity Act language, Samourai/Tornado Cash concerns

32:01 — Bitcoin as pristine collateral: miners, credit markets, yield/treasury management

48:29 — Mining & energy convergence: AI/High Performance Computing (HPC) shift, hashrate decentralization, supply chain/ASICs

56:14 — Bold predictions for 2026: normalization + “de-taboo-ization” of Bitcoin

Learn more about Bitcoin Park: bitcoinpark.com

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

In this episode of The Brainstorm, we discuss the latest developments in AI and technology, including NVIDIA's strategic moves with Groq and Meta's acquisition of Manus AI. We explore the implications of these acquisitions on the AI landscape, the potential for orchestration layers in AI models, and the competitive dynamics among major tech companies. The conversation also touches on the future of user interfaces and the evolving role of voice and text in consumer interactions.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Wolf.financial, and sponsored by Public. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• NVIDIA's strategic investment in Groq highlights its focus on enhancing AI chip capabilities without full acquisition, aiming to secure a competitive edge.
• Meta's acquisition of Manus AI emphasizes the importance of orchestration layers in delivering agentic AI experiences, integrating multiple models for diverse applications.
• The discussion explores the evolving AI landscape, questioning whether foundational models or their applications (wrappers) hold more value for end-users.
• The hosts debate the future of user interfaces, predicting a shift towards voice interactions and the potential for new hardware innovations.
• The episode concludes with a look at the competitive dynamics in the tech industry, particularly the role of initial public offerings (IPOs) and acquisitions in shaping market leadership.

To learn more about WOLF: https://wolf.financial

To learn more about Public: https://public.com/

On this year’s final episode of FYI, we will be taking the opportunity to highlight some of the best moments from throughout the year. While we are grateful for every single guest that has joined the For Your Innovation podcast, here is a compilation of some of our favorite moments.

Key Points From Each Highlighted Episode:

• Vlad Tenev: Robinhood’s north star is a “financial super app” that uses tokenization/stablecoins to broaden access and ownership for everyday investors. 
• Tom Lee: Digital-asset treasury companies can be the traditional finance (TradFi) wrapper that makes token exposure easier to own inside existing market plumbing. 
• Dr. Jin-Hyung Lee: Real “understanding” of the brain means measuring and controlling circuits precisely enough to restore function—and building models that connect intervention to outcome. 
• Peter Diamandis: Aging is increasingly framed as an epigenetic + systems problem, where AI and better therapies could accelerate progress toward “longevity escape velocity.” 
• Peter Walker: Venture dollars are increasingly concentrated in AI (especially late-stage) while liquidity remains constrained without a healthier initial public offering (IPO) market.

In this episode, Brett Winton and Lorenzo sit down with Carlos Domingo, CEO and co-founder of Securitize, to explore how blockchain infrastructure is transforming capital markets. As a pioneer in the tokenization space, Carlos unpacks what it means to issue native securities—like stocks, bonds, and credit funds—on chain and why the modernization of legacy financial systems is long overdue. Carlos details Securitize’s role as a registered transfer agent and broker-dealer, their regulatory journey with the Securities and Exchange Commission (SEC), and why native tokenization (not synthetic derivatives) is essential for future growth. They discuss the promise of 24/7 trading, peer-to-peer transfers, composability with decentralized finance (DeFi) protocols, and the global democratization of financial access—especially in markets underserved by traditional systems. The episode also dives into the tension between blockchain-native systems and financial incumbents, the logic behind Securitize’s decision to go public via a special purpose acquisition company (SPAC), and the asset classes best suited for tokenization—from treasuries to public equities and beyond.

(00:00:00) Why capital markets need a blockchain-based ledger upgrade

(00:05:46) How tokenization improves global accessibility and financial user experience

(00:07:35) Real-world examples: Tokenized treasury and credit funds

(00:10:29) Understanding how ownership works: DTCC, transfer agents, and blockchain

(00:17:08) Global appetite for tokenized stocks, following stablecoin adoption

(00:18:24) Tokenizing private equity and venture capital for broader access

(00:25:34) How Securitize tokenizes assets the right way—with issuer involvement

(00:28:55) Regulatory clarity accelerates tokenization adoption

(00:30:08) Open blockchain infrastructure unlocks composability and innovation

(00:35:50) Where Securitize fits in the capital markets stack

(00:37:13) Projecting tokenized assets: From $4.6B to $200B assets under management (AUM)

(00:39:46) Why Securitize stays blockchain-agnostic despite protocol growth

In this episode of The Brainstorm, we delve into the groundbreaking advancements in gene editing, focusing on its potential to transform healthcare. We explore the shift from treating rare diseases to tackling common killers like cardiovascular disease, and discover how CRISPR technology is paving the way for a new era in medical treatment.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Wolf.financial, and sponsored by Public. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• CRISPR-based gene editing is moving from treating rare diseases to addressing common conditions like cardiovascular disease.
• The transition from ex vivo to in vivo gene editing could simplify treatment processes significantly.
• Lipid nanoparticle delivery is a key advancement enabling in vivo gene editing.
• The potential market for in vivo gene editing treatments is vast, with significant implications for healthcare costs and patient outcomes.

To learn more about WOLF: https://wolf.financial

To learn more about Public: https://public.com/

Relevant Links:

https://www.ark-invest.com/newsletters/issue-491