Coinbase

And when you look at New York City, you should look at these FinTech companies that are here, and they are equally as competitive.

Companies like Coinbase and Robinhood, they might not all be headquartered here, they have major operations here.

So New York City needs to be the hub of financial services, even if it's not just the banks.

So I think from that perspective, when you go downtown and you see the tech sector and you see fintechs, that's what financial services is today.

So now we're talking about tokenization and tokenization of assets, what chains are going to benefit the most out of the literal stock market coming on chain, crypto being adopted as a whole.

Now, Coinbase is not the only beneficiary of bringing U.S. equities on chain.

Tokenized stocks generated $562 million over the course of 30 days in decentralized exchange volume on base, with Aerodrome processing a vast majority of that, $400 million of it, and Uniswap coming in processing $156 million across versions 3 and 4.

So Aerodrome and Uniswap huge beneficiary so far of this massive influx of tokenized stocks um i am a little surprised i saw some people mentioned in ondo and i guessed ondo was 36 cents and i promise i did not look at the price i want to go find out if i'm right because this thing has been 36 cents for the last what feels like 10 years look at

it's going to get crazy.

And I think it, I mean, I really think it is and it will, I'm not, maybe not play out exactly like that, but I think this bull market is going to shock people.

I was saying that, you know, that this, this cycle, we're going to see, you know, in this next cycle, it will be the end of diminished returns and we will have a, a higher return like 2024 was consistent with you know 21 was diminished returns 25 was diminished returns and i think this time we're not going to see we're going to see it again outperform and look a lot more like the 2017 bull market than the bull markets we've seen in the past and it's going to shock a lot of people a lot of people have never experienced anything like that and it's going to be insane And a lot for the lot, a big part of that is for the reason you just mentioned with what's going on with the tokenization and everything coming on chain and arrow and uni and Coinbase and Robin hood and all these crack in all these major exchanges.

It's, it's, going to be a flood there's going to be insane fees there's going to be insane markets built on top of the stuff in insane ways and creative ways they're going to be ridiculous things that perform like crazy and crash there's going to be very serious things that perform well and there's just going to be an insane amount of opportunity so yeah i'm ready i'm ready

Early on in 2018, 2019, before I joined, things were pretty raw.

So it really was like Bitcoin is trading at a different price on Binance and Fidelity and Coinbase.

And how do we solve that? So you needed data feeds.

Nick on our team founded and we incubated a company called Coinmetrics, which was doing that.

Galaxy committed up to $5 million in July.

And nine firms, including BlackRock, Coinbase, and Strategy, pledged $15 million over three years.

The researchers point to NIST, N-I-S-T, draft proposing depreciation of classical public key algorithms at the 112-bit level after 2030 and disallowing them after 2035.

So where does it all leave us? The defense side has a fixed schedule measured in years.

We are looking at a potential here that could change things up.

Now, here's Kara Colvert coming in from Coinbase.

Simply what she's saying, that there is moves to maybe help the regional banks.

And this is in reference to, no pun intended, the partnership with Move.

And so if LoRa figures out that's its best thing to focus on, then it'll do that.

Right now, our best interfacing technology is essentially Binance or Coinbase, right? And that's why TokenPumps, when it gets listed there, because all of a sudden, so many more people have access to this asset.

How do you create more of those type of venues that aren't necessarily maybe centralized exchanges? Maybe they're an application.

Maybe it's a program.

because there's something else that's serving my needs better.

And I like to illustrate this idea generally, especially when it comes to like blockchain native stuff with like Coinbase is a really good example of an institution or more centralized institution built on a decentralized technology.

We have infrastructure of Bitcoin, all the chains, all of the things and digital assets that Coinbase leverages built on all these different chains.

And it's built this kind of more centralized institution on top of it.

And it's good.

It's useful.

It provides a lot of value to a lot of people.

And what's important about this is that I don't mind telling people to use Coinbase, but I have very strong ideals in like...

So it looks like that is still going to happen.

And then Coinbase had an update as well, the crypto story on this.

But Coinbase had previously renamed its Coinbase Wallet into the Base App and pitched it as an everything app.

And now they're kind of walking it back.

Base App is being renamed back to Coinbase Wallet and it's being much more focused on just trading, trade everything, anything, anywhere.

11 networks, like all that, you know, perps powered by hyperliquid, prediction markets, tokenized stocks, and their head of all product, Ryan Cass, calls it test kitchen for assets and products, Coinbase won't list on the main exchange.

So I'm wondering, are they going to try to kind of get into the trading app? game a little bit is this their their step forward

really

Maybe as early as today, you may be receiving some text messages that will, for Arizona folks, you'll get locations where you can spend crypto.

You know, we've been telling you about getting some money into Coinbase or Kraken, whatever account you have.

A lot of these merchants, at least to start, and this is through suggestions of ours, will take the stable coins.

So, Have some stable coin.