🎥 Watch the video version: https://www.youtube.com/watch?v=4H0f6xHcXp4

On this Market Cap episode, our Director of Institutional BD Stefano Sanabria speaks with Laszlo Szabo, Co-founder and CEO at Kiln.

Kiln is a leading institutional onchain asset and yield management platform, enabling institutions to generate yield on their digital assets, surpassing 18 billion USD in assets delegated last year.

They offer a comprehensive suite of yield products, real-time reporting, and monetization tools that help custodians, wallets, exchanges, and asset managers streamline onchain operations.

Chapters
0:00 From Recruitment To $18B In Delegations
2:58 Why Kiln Ignored Retail And Went Full B2B
8:41 Shift From “Just Staking” To Full Onchain Yield Infra
12:34 Ethereum Wants Less ETH Staked, Not More
14:58 Turning 2.5% Staking Into 4.5% Yield
16:05 Circle’s Arc And Stripe’s Tempo Signal A New Era
24:41 Convergence Of Coinbase and Revolut
28:43 Why Stablecoins Became The Growth Market
31:58 The Core Problem With Morpho Vaults For RWAs
35:07 Railnet: Mixing Liquid DeFi With Illiquid RWAs

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On Market Cap we feature firms and funds to explore the thinking that guides them, the patterns they observe, and other forces moving the markets.