Speaker 1: Hey, everyone, Welcome into the Thinking Crypto podcast. I'm your host,
Speaker 1: Tony Edward on your weight in. Please let that subscribe
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Speaker 1: with some news from Harvard. So Harvard Endowment has reduced
Speaker 1: their steak in bitcoin ETFs and added exposure to the
Speaker 1: Etherorem ETF. This is a very interesting move. So they
Speaker 1: haven't completely dumped their bitcoin ETFs, it's just that they're
Speaker 1: reducing that side of it and going into an all coin,
Speaker 1: which is Etherorem. This is very interesting, especially in the
Speaker 1: context of what I've been reporting recently of black Rock
Speaker 1: investing in uniswap, buying the tokens, moving their money market
Speaker 1: fund on the decentralized exchange. But uniewap's token is considered
Speaker 1: an all coin, and you have Citadel investing Layer zero.
Speaker 1: Yesterday we talked about Apollo investing in Morpho tokens, another
Speaker 1: all coin. So something interesting is happening here, and it
Speaker 1: could be there's going to be a big narrative around
Speaker 1: DFIVE and all coins as Bitcoin. Let's say, for example,
Speaker 1: the relief rally we're looking at that may be coming
Speaker 1: very soon. You know, all coins could outperform Bitcoin, so Ether,
Speaker 1: x RP and others could outperform Bitcoin, but we're gonna
Speaker 1: have to wait and see. There's no guarantees there. But nevertheless,
Speaker 1: these are some very interesting moves, so let me give
Speaker 1: it to details. The Harvard Management Company, which manages the
Speaker 1: university's endowment, has reduced its stake in Blackrock Spot Bitcoin
Speaker 1: exchange traded fund and opened a new position in the
Speaker 1: asset Management Company's Ether ETF. In a Friday filing with
Speaker 1: the SEC, Harvard's endowment reported that it had reduced its
Speaker 1: positions in the black Rock I Shares Bitcoin ETF to
Speaker 1: two hundred and sixty five point eight million dollars as
Speaker 1: of December thirty first, down from four hundred and forty
Speaker 1: two point nine million in Q three of last years.
Speaker 1: Means mark the company offloading more than one million shares
Speaker 1: of the ETF to five point four million in Q
Speaker 1: four from six point eight million in Q three. But
Speaker 1: in this reduction they have added exposure or purchased more
Speaker 1: than three point eight million shares of Black Rocks I
Speaker 1: shares etherorem Trust valued at about eighty seven million dollars
Speaker 1: as of December thirty first, So very interesting move here.
Speaker 1: And again they're not completely reducing their exposure to bitcoin,
Speaker 1: but just updating their portfolio diversifying a bit. So this
Speaker 1: is very interesting. Now, moving ahead, tokenize RWA's climb thirteen
Speaker 1: point five percent despite the one trillion dollar crypto market drawdown.
Speaker 1: So despite the crypto volatility and the bear market, the
Speaker 1: building continues, and this is why I'm macro bullish. Guys.
Speaker 1: All of the major institutions, the banks, the stock exchanges,
Speaker 1: the payment companies are all building. But remember markets are cyclical, right,
Speaker 1: so a lot of building usually happens in the bear market.
Speaker 1: So it's very good to see this. And I've been
Speaker 1: saying that I believe once the Crypto Market Structure Bill
Speaker 1: is passed and then we enter into a bull market
Speaker 1: phase again, we're going to see the supercycle. And I
Speaker 1: honestly believe that. I'm not saying that to hype you
Speaker 1: guys up, but seriously, look at the adoption we're getting,
Speaker 1: and once you have legislation that's going to unlock a
Speaker 1: lot more innovation, plus a lot more capital to be invested,
Speaker 1: so demand for tokenized real world assets continued to grow
Speaker 1: over the past month, even as broader cryptocurrency markets faced
Speaker 1: heavy selling pressure. Underscoring the sector's resilience and growing institutional footprint,
Speaker 1: the total value of on chain RWAs increased the thirteen
Speaker 1: point five percent over the past thirty days, according to
Speaker 1: data from RWA dot xyz. The increase reflects both higher
Speaker 1: asset issuanes meaning more tokenized securities brought onto public blockchains,
Speaker 1: and growth in the number of unique wallet addresses holding
Speaker 1: these assets, signaling banding participation. As of February sixteenth, all
Speaker 1: major blockchain networks tracked by RWA dot xyz recorded increases
Speaker 1: in tokenized ACID value, led by Ethereum with roughly one
Speaker 1: point seven billion dollars in net growth, followed by Arbitrum
Speaker 1: at eight hundred and eighty million dollars and Solana at
Speaker 1: five hundred and thirty million dollars. The figures refer to
Speaker 1: the increase in total unchain value of tokenized assets issued
Speaker 1: or circulating on those networks. By the way, folks, bookmark
Speaker 1: this site RWA dot xyz. That's where you can go
Speaker 1: look at many different blockchains like the ones mentioned, even
Speaker 1: the XRP Ledger and Cardano and others, right, so you
Speaker 1: can see what's being built and that's updated on a
Speaker 1: daily basis. So this is really great data and really
Speaker 1: great to see building is continuing to happen again despite
Speaker 1: the price conditions that we're in right now. And here's
Speaker 1: another example. Citybank is quietly building its crypto wealth business.
Speaker 1: So here is another LinkedIn job post from a major institution.
Speaker 1: Yesterday we talked about Charles Schwab and they're looking to
Speaker 1: hire people to build out their stable coin business. And
Speaker 1: here City Bank has the title or the job title
Speaker 1: as Wealth CIO Digital Assets Specialism Senior Vice President. So
Speaker 1: all of these institutions are hiring the respective talent to
Speaker 1: build out their divisions and this segment of their business. Folks,
Speaker 1: that's a huge tell, right, So they're not just giving
Speaker 1: lip service here. They are seriously looking to build and
Speaker 1: we're seeing a lot of news. You know they're going
Speaker 1: to launch their stable coins, custody and all these things,
Speaker 1: but you need the talent. So this is why again
Speaker 1: i'm macro bullish, because these things are still being set up.
Speaker 1: So what do you think is going to happen as
Speaker 1: all of these institutions start building on public blockchains, because
Speaker 1: we know public blockchains is the way, right, that's where
Speaker 1: the settlement happens, That's where the liquidity is. JP Morgan
Speaker 1: and some of these folks who try to build the
Speaker 1: wall gardens have learned lessons and even if they keep
Speaker 1: those private permission chains in house, they have the bridge
Speaker 1: to the public chains. So the mandate spans product strategy, commercialization,
Speaker 1: and client engagement as crypto moves deeper into private wealth.
Speaker 1: So we're going to see this type of activity skyrocket
Speaker 1: once the Crypto Market Structure Bill is passed. Okay, moving ahead,
Speaker 1: Winter Mute launches institutional tokenized gold trading. Expects market to
Speaker 1: reach fifteen billion dollars in twenty twenty six. So we
Speaker 1: know all assets are going on chain, guys, right, all
Speaker 1: the major asset classes, precious metals, stocks and equities, real
Speaker 1: estate and gold. You know it's a big one. They're
Speaker 1: gonna have tokenized silver as well. So now Winter Meat,
Speaker 1: which is a market maker, and many of you in
Speaker 1: the crypto industry may know of Winter Mute now offering
Speaker 1: tokenized gold. Guys, the future markets economies and governments will
Speaker 1: all run on blockchain rails. So winter Meat has launched
Speaker 1: the institutional OTC trading for tokenized gold products such as
Speaker 1: pax G and xau T. Winter Meat CEO Evgeny GAYVOI,
Speaker 1: if I'm saying that right projected, the sector could expand
Speaker 1: to two point eight x to fifteen billion dollars in
Speaker 1: twenty twenty six, even as broader markets remain subdued. So
Speaker 1: this is what you want to see, right, the infrastructure
Speaker 1: being built around RWA tokenized assets. And again these things
Speaker 1: are being tokenized on public blockchains, right, So and you
Speaker 1: can obviously, you know, utilize these tokenized assets for different things.
Speaker 1: I'm waiting personally for when they open up DeFi where
Speaker 1: you can do certain boring and lending around them, and
Speaker 1: you can do that globally. So I think that's going
Speaker 1: to be the big value proposition that a lot of
Speaker 1: people are going to take advantage of, folks. This episode
Speaker 1: is brought to you by v Chain. V chain is
Speaker 1: one of the top layer one enterprise blockchains in the industry,
Speaker 1: getting of a lot of adoption. I am a VET
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Speaker 1: items where it includes rewards for example doing environmentally safe
Speaker 1: things and staying healthy and exercising and so forth. So
Speaker 1: it's really cool and I think these type of initiatives
Speaker 1: are the future where people are going to be rewarded
Speaker 1: with tokens and participating in ecosystems and be incentivized to
Speaker 1: do so. Check out v chain guys. Again, I am
Speaker 1: a token holder and you can also steak the token
Speaker 1: on stargate. So if you'd like to learn more, go
Speaker 1: to v chain dot org. Link will be in the description. Okay,
Speaker 1: now here's some good news. Crypto services platform Nexo relaunches
Speaker 1: in the United States. So Nexo, they had exited the
Speaker 1: US in twenty twenty two that was under you know,
Speaker 1: the very hostile environment with Gary Ginser and much more.
Speaker 1: And I don't blame them for leaving. Right, that was
Speaker 1: a hard time and a lot of companies were getting sued.
Speaker 1: So they said now, citing improved regulatory clarity for digital
Speaker 1: assets in the US, The rebooted Nexo platform will offer
Speaker 1: flexible and fixed term yield programs, a spot cryptocurrency exchange,
Speaker 1: crypto backed credit lines, and a loyalty program for US users.
Speaker 1: Nexo's head of communications eleanor Genova toll Coin telegraphs, so
Speaker 1: this is really great more options, right, Competition is healthy
Speaker 1: and it helps the consumer to have more options. And
Speaker 1: so I don't recall using the Nexo platform, but I remember,
Speaker 1: you know, hearing of them during the early days of cryptos.
Speaker 1: So really great that they're back in the US. Now.
Speaker 1: Okx Exchange secures an EU payment license to expand stable
Speaker 1: coin services. So the race is on amongst all these
Speaker 1: crypto platforms. In ext gangy just to get as many
Speaker 1: licenses as possible to set up shop across the globe,
Speaker 1: because it's a race, right, everybody wants to get as
Speaker 1: much market share because we are still in the early
Speaker 1: innings of the adoption of blockchaining crypto. So ok x
Speaker 1: has obtained a payment institution license in Malta. The company
Speaker 1: toll Coin Telegraph on Monday. The authorization is issued under
Speaker 1: the European Union's Payments Framework and is designed to bring
Speaker 1: okayx's payment products into line with requirements under the Block's
Speaker 1: Markets in Crypto Assets Regulation or the AMIKA Regulation and
Speaker 1: the second Payment Services Directive. So big news here for
Speaker 1: okax Exchange. And here's another example. Animoga Brand secures Dubai
Speaker 1: crypto license to expand services in the Middle East. Now,
Speaker 1: many of you may recall I interviewed the founder and
Speaker 1: CEO of Animoga Brands and that's Yatsu very very brilliant man,
Speaker 1: and I always enjoyed speaking to him. And Animoka Brands
Speaker 1: is huge in the Asian markets. They're one of the
Speaker 1: powerhouses in crypto, making huge investments in blockchain and crypto tech.
Speaker 1: And here you know, getting their licenses expanding. So very
Speaker 1: very bullish. And look at this. Hong Kong regulator approves
Speaker 1: first crypto company license since June. So they granted the
Speaker 1: license to Victory Fintech. Never heard of that. There are
Speaker 1: now twelve approved platforms on the Securities and Futures Commission
Speaker 1: Registry of Approved crypto firms. So we are seeing across
Speaker 1: the globe, they're not banning crypto, putting the guardbils in place,
Speaker 1: putting the rules and regulations, giving companies licenses that meet
Speaker 1: a certain standard, right, because we don't want people to
Speaker 1: also go around scamming people. Remember Celsias, remember FTX, Right,
Speaker 1: we need to have regulated institutions. However, there's a balance there, right,
Speaker 1: because here in the United States, we're still trying to
Speaker 1: find that balance. Banks want to stop stable coe yield.
Speaker 1: They also don't like DeFi but we got to find
Speaker 1: to balance and I think we will. We just have
Speaker 1: to be patient and let all this set up. And again,
Speaker 1: this is all setting up for that super cycle, right guys,
Speaker 1: So just be patient and make sure you have the
Speaker 1: macro view. Final news item here Germany's Central Bank president
Speaker 1: touts stable coin and CBDC benefits for the EU. Again,
Speaker 1: the future economies, markets and governments will run on blockchain rails.
Speaker 1: And you're seeing the narrative being flipped here. And look,
Speaker 1: CBDCs are going to be a part of it. I'm
Speaker 1: not saying I like CBDCs or I endorse it, just
Speaker 1: this is the nature of the beast. Here in the
Speaker 1: United States, there have been steps or certain legislation put
Speaker 1: into place to try to stop CBDCs. But one could
Speaker 1: argue stable coins almost do the same thing as CBDCs.
Speaker 1: But that's a conversation for another day. But other countries
Speaker 1: are going to push for CBDC. So you and your
Speaker 1: respective country wherever you're listening from, need to then, you know,
Speaker 1: make sure you watch it closely and push back if needed.
Speaker 1: You know, if there's things that are draconian that will
Speaker 1: take away your privacy and much more so. The president
Speaker 1: of Germany Central Bank, I'm going to butcher his name, yo,
Speaker 1: Kim Nagel if I'm saying right, supported the introduction of
Speaker 1: a Europegate Central Bank digital currency and a Euro denominated
Speaker 1: stable coins for payments. In remarks prepared for a speech
Speaker 1: at the New Year's Reception of the American Chamber of
Speaker 1: Commerce in Frankfurt on Monday, Nagel said EU officials were
Speaker 1: working hard toward the introduction of a retail CBDC euro
Speaker 1: denominated stable coins, according to the central Bank president, could
Speaker 1: also contribute to making your more independent in terms of
Speaker 1: payment systems and solutions. So again, do you see the
Speaker 1: direction of Puck is heading here? Guys? The token economy
Speaker 1: despite the bull and bear market cycles still being built,
Speaker 1: still being established, and you know, maybe by twenty three,
Speaker 1: once we have all the legislation in plays that maybe
Speaker 1: that is where we see that supercycle. Right. But nevertheless,
Speaker 1: just like the Internet and other technologies, they're embracing it,
Speaker 1: they're regulating it. The taxman's going to take his cut.
Speaker 1: Of course, there's gonna be a lot of jobs created
Speaker 1: out of this. The big institutions are building with the
Speaker 1: public blockchains, and that's where you want to look at
Speaker 1: which blockchains are getting adopted and hold those respective tokens. So, folks,
Speaker 1: that's the news. Let me know what you think. Leave
Speaker 1: your thoughts and comments below. Hit the thumbs up button.
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Speaker 1: that teaches you everything you need to know about crypto folks.
Speaker 1: Thank you so much for tuning in. I appreciate you all,
Speaker 1: and I'll talk to you all later