Wyatt sits down with Ben Ward and Steven Pack of RockSolid. In this episode:

• What are DeFi vaults? What is RockSolid?
• Lido vs Rocket Pool
• Creating effective unified efforts in decentralized communities
• A look at the wider landscape of DeFi yield
• How do you measure protocol success?
• Strengthening the broader Ethereum ecosystem

Mark Coe, the Founder and CIO of Intrinsic Edge Capital Management joins the show. In this episode we discuss:

• Mark's background and path that led him to founding Intrinsic Edge Capital Management.
• The Intrinsic Edge Digital Infrastructure Fund, a fund that was launched four years ago to focus on companies in the digital asset ecosystem.
• Perspectives on the mining industry and the impact of AI/LLMs on this sector of the industry.
• Views on the types of businesses that will enter the public markets in the coming years.
• The future of prime brokerage and how service providers will evolve.

To learn more about Intrinsic Edge visit intrinsicedge.com or email them at [email protected]

Matt and Nic are back for another week of news and deals. In this episode:

• We review the Coin Center dinner
• Tether is going out to raise at $500b
• Cloudflare wants to launch a stablecoin for agentic payments and launches the 402 protocol
• Circle is thinking about reversible transactions
• BitGo files for an S1
• Strive acquires Semler Scientific
• The SEC is looking into 200 DATs for insider trading
• 9 major European banks are looking to launch a MiCA stablecoin
• The Bank Policy Institute thinks stablecoins threaten banks
• Senate Finance Cmte is looking at crypto taxes
• Naver is looking to acquire Upbit

Wyatt sits down with Felipe Montealegre and Noah Goldberg of Theia Capital, a fund investing actively in liquid crypto tokens with strong fundamentals. In this episode:

• What drives crypto market valuations? Fundamentals or supply of capital?
• The imbalance between venture vs hedge fund activity in crypto markets
• Navigating a market where assets become liquid early in their lifecycle
• Talent in the crypto industry
• What makes exceptional founders and team members?
• Using LLMs in investing and general workflow
• Future themes Theia is excited about

Matt and Nic are back for another week of news and deals. In this episode:

• The SEC approves generic listing standards for cryptoassets
• Gensler loses a year's worth of text messages
• BoE wants to limit stablecoin exposure to £20k
• Tether launches USAT
• Coinbase is exploring a Base token
• Binance nears the end of DoJ compliance monitoring
• Galaxy is launching a tokenized money market fund
• PayPal launches PayPal links

Walt joins the podcast to discuss the current state of Bitcoin and what is investable in and around the Bitcoin ecosystem. In this episode:

• Austrian economics and Bitcoin
• Bitcoin's strengths and limitations when it comes to innovation and durability
• The modern role of decentralization and trust
• Whether nation-states will fully adopt BTC
• The role of Bitcoin in network states
• Owning BTC and other cryptoassets directly vs in equity wrappers
• Assessing the monetary value of cryptoassets
• BTC for payments?

Matt and Nic are back for another week of news and deals. In this episode:

• We reminisce about the fork wars
• Figure goes public
• Gemini is slated to list
• The Winklevoss Quintenz drama rumbles on
• DAT updates
• CLARITY updates
• The fight over stablecoins paying interest continues
• Prediction markets and sports betting
• SwissBorg is hacked
• The CBOE is launching BTC and ETH "continuous futures"
• Harberger taxes

Wyatt sits down with Austin Federa, the founder of DoubleZero to discuss the hardware systems that underlie blockchains and the internet. In this episode:

• Building a newer, better fiber network
• How and why much of internet hardware infrastructure is antiquated
• Why software innovation has taken precedent over hardware innovation
• Vertical integration and who has access to the best hardware systems
• Why hardware innovation requires startups and new entrants
• Why blockchains demand faster, reliable bandwidth
• Why a token framework offers a better incentive mechanism

Matt and Nic are back for another week of news and deals. In this episode:

• We review the US Open
• The Clippers scandal
• Fantasy football and the efficient market hypothesis
• Tax treatment of sports betting on Poly versus sports betting apps
• Are prediction markets more efficient than bookies?
• Galaxy launches a tokenized version of their stock
• NASDAQ is adding supervision rules for DATs
• Is it over for the DATs?
• World Liberty Fi launches and gets into a fight with Justin Sun
• Gemini files to go public
• Stripe releases details around their Tempo L1
• Some academics have an explanation for why MSTR might trade at a persistent premium

Content mentioned in this episode:

• Nic on Substack, Situating Stablecoins in the Payments Landscape
• Valuing Microstrategy

Wyatt sits down with Daniel Lev, the founder of Coinflow, to discuss the evolution of payments amidst a wave of stablecoin-enabled innovation. In this episode:

• Lurking legacy issues of payment networks
• How our current payment networks benefit end users but not merchants
• Types of merchant profiles and who stands to benefit
• Creating faster settlement
• Marketplace models and better rails
• How blockchain can reduce fraud and help businesses know their customers