Fundstrat’s Tom Lee joins Frank Chaparro to dissect why crypto markets feel darker than fundamentals suggest, even as stablecoins, RWAs, and institutional adoption continue growing.

Tom and Frank discuss:

• Federal Reserve policy uncertainty and its impact on crypto

• Why most DATs will fail and what that means for the asset class

• Ethereum's Layer-2 strategy and value accrual

• Static vs. dynamic thinking in crypto tokenomics

• Why experts from the last cycle often miss the next one

This conversation is about separating noise from signal, understanding what's actually moving markets, and recognizing when fear is overwhelming fundamentals.

Frank Chaparro sits down with Chris Perkins, the President of CoinFund, to learn about his unique perspective on how crypto markets have evolved through crisis. 

In this episode, Frank and Chris discuss:

• Why US futures markets are crypto's most critical missing infrastructure

• The five-element framework for evaluating Digital Asset Treasuries

• The regulatory mistakes of the previous administration and what's changing now

• Why traditional banks face existential risk by staying on the sidelines

• What basis trading will unlock for institutional capital

Chris doesn't sugarcoat the challenges or oversell the timeline. His message to traditional finance is direct: adapt or face obsolescence. Tune in for the full conversation.

Frank Chaparro sits down with Kevin McCordic, the Director of Growth at Monad Foundation, to dive into building what might become crypto’s most developed ecosystem prior to mainnet launch.

In this episode, Frank and Kevin discuss:

• Monad's ambitions to process 10,000 transactions per second 

• The dark forest of crypto capital markets

• Why the best founders spend years obsessed with ideas no one else believes in

• The crypto industry in a regulated future

Tune in to hear Kevin’s take on navigating uncharted waters to fuel Monad’s growth. 

In this episode of The Crypto Tape, Frank Chaparro sits down with three leaders shaping crypto’s policy future:

Greg Xethalis, General Counsel, Multicoin Capital

Kristin Smith, President, Solana Policy Institute

Jonathan Jachym, Head of Global Policy, Kraken

They discuss the evolution of crypto legislation, the Genius Act, and how the tone in Washington has shifted from politics to permanence.

Inside the episode:

Why crypto legislation is now about legacy, not lobbyingHow traditional finance is struggling to adapt to tokenization

The challenge of regulating decentralization without killing innovation

Why Chair Atkins’ “Project Crypto” speech marked a turning point

If you want to understand how crypto regulation actually works — and where it’s headed — this is the episode to watch.Listen to The Crypto Tape wherever you get your podcasts.

Frank Chaparro sits down with Dmitry Tokarev — founder of Bron and former CEO of Copper — to explore how he’s bringing institutional-grade crypto security to everyday users.

Topics include:

• Why seed phrases are an outdated model
• Lessons from institutional custody
• What North Korea’s Lazarus Group means for crypto safety
• The return to mathematical integrity in crypto

🎧 Tune in now to hear Dmitry’s first deep dive into Bron and what’s next for crypto security.

Crypto’s institutional playbook is being rewritten.

From Digital Asset Treasuries (DATs) inspired by the MicroStrategy model to the explosive rise of tokenized real-world assets (RWAs), a new wave of capital is flowing on-chain.

Jeff Park, co-founder of Pro Cap, and Carlos Domingo, CEO of Securitize, join The Crypto Tape to break down how these structures are reshaping markets, bridging TradFi and DeFi, and driving billions of dollars in new investment.

DATs are emerging as crypto’s version of the permanent capital vehicle. RWAs are creating yield-bearing products backed by traditional assets. Together, they’re bringing institutional capital back to crypto and setting the tone for the next market cycle.

Inside the episode:

• Why DATs provide more value than ETFs
• The 3 elements that distinguish successful DATs from the long-tail
• Why yield-bearing assets are driving institutional interest
• The blurring line between retail and institutional investors
• How these new structures will define the next bull cycle

According to RWA.xyz, over 34.8 billion dollars have already been tokenized on-chain. The next wave of growth won’t be driven by speculation, but by structure.

Crypto just went through a $19 billion liquidation blowout — but despite the chaos, Wall Street is starting to look more like crypto.

Meltem Demirors, one of the most influential investors in digital assets and a defining voice of its culture, joins The Crypto Tape to explain why speculation isn’t a flaw — it’s human nature.

Now the founding partner of Crucible, a new venture firm built to back the next generation of crypto founders, Meltem reflects on the heat and transformation that define both markets and people.

She argues that volatility isn’t the enemy — it’s the mechanism through which innovation emerges. From the re-industrialization of America and energy infrastructure to the cultural convergence between Wall Street and crypto, this conversation explores how belief, risk, and progress are forged in the same fire.

Inside the episode: • Why “everything humans do is speculative” • How crypto mirrors (and now drives) Wall Street behavior • The new energy + infrastructure wave powering digital assets • What Crucible represents for the next cycle of builders

Listen to one of crypto’s sharpest thinkers unpack the human and structural forces shaping a $4 trillion market.

Tom Farley, former president of the New York Stock Exchange and now CEO of Bullish, joins The Crypto Tape to unpack the capital markets boom sweeping crypto.

Publicly traded exchange Bullish (BLSH) recently completed a massively oversubscribed IPO, raising $1.15 billion, mostly in stablecoins, and its stock surged almost 3x from its debut. The deal marked one of the first times a major public company received the bulk of its proceeds in digital dollars, reflecting how investor appetite and infrastructure are shifting on-chain.

Farley explains why 24/7 trading, on-chain collateral, and stablecoins are setting new standards for capital efficiency — and why he believes the end state of markets will live entirely on-chain.

Listen in to understand how one of Wall Street’s most experienced operators is helping build the future of trading, and what that means for investors, institutions, and the next generation of market infrastructure.