Episode 49 of Bid Out explores the future of digital asset technology in a post FTX world.  Our guests, Mark Garabedian from Wellington Capital Management and Jeremy Lai from TD Securities, take us on a journey of discovery on what went wrong with FTX including differentiating decentralized from centralized finance as well as opining on the comments of FTX's former CEO Sam Bankman-Fried during his recent personal apology tour.  Along the way, Jeremy and Mark explain the institutional use cases of distributed ledger technology in capital markets and how far along the infrastructure providers are in solving for table stakes issues such as KYC, AML and cyber risk.  Mark finishes with a review of his peer group on the buy side, indicating that Wellington is not alone in its support for digital ledger technology and its potential to change the infrastructure of global capital markets.

Chapter Headings: 

1:39 -  Wellington Commits to Digital Assets

6:19 – Defi vs Cefi

18:15 – Institutional Use Case for Distributed Ledger Technology

28:00 – Explaining Some of the Key Terms in Digital Assets

35:55 – Where are We in the Digital Asset Journey?

42:07 – Sam's Personal Apology Tour

Disclaimer 

For relevant disclosures, visit https://www.tdsecurities.com/ca/en/tds-bidout-episode-49

For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities.

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