WEBVTT

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<v Speaker 1>A billionaire Trump supporter is about to launch a crypto bank.

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<v Speaker 1>This is really big, and there's a major tokenization initiative

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<v Speaker 1>happening on the Avalanche blockchain and a very large crypto

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<v Speaker 1>exchange acquisition you need to know about. I'll give you

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<v Speaker 1>the details. Let's get into it. Hey, everybody, welcome into

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<v Speaker 1>the Thinking Crypto podcast. You're home for cryptocurrency news and interviews.

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<v Speaker 1>I'm your host, Tony Edward. On your way in. Please

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<v Speaker 1>let that subscribe button as well as the thumbs up

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<v Speaker 1>button and leave a comment. Blow If you're listening on

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<v Speaker 1>a podcast platform such as Spotify or Apple, please leave

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<v Speaker 1>a five star rating and review. Folks, we have some

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<v Speaker 1>very big news coming out about a new crypto bank

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<v Speaker 1>that is to be unveiled by a billionaire backer of Trump.

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<v Speaker 1>President Trump, that is, and his name is Andy Beale.

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<v Speaker 1>So the news says they want to establish a new

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<v Speaker 1>federally chartered crypto bank called Monet Bank. So this is interesting.

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<v Speaker 1>I wonder what they're going to be up to here.

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<v Speaker 1>Obviously it's going to be crypto related, but I'm curious

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<v Speaker 1>if it's going to be different from what we've seen

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<v Speaker 1>so far in the market, because this person I honestly

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<v Speaker 1>didn't know who he was and I had to look

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<v Speaker 1>him up. So Andrew Bial he has his own bank

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<v Speaker 1>called bial Bank USA or bill Bank, and I guess

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<v Speaker 1>those are the two names. He's the founder and chairman

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<v Speaker 1>of both. And obviously he's a billionaire, so he's got money,

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<v Speaker 1>he's got banking experience. So we do have to wait

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<v Speaker 1>a bit to hear all the details. But this is

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<v Speaker 1>very interesting. And if you have banks being established at

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<v Speaker 1>a crypto focus, you know what that means, folks. More

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<v Speaker 1>on rams being built, more liquidity coming into the market,

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<v Speaker 1>and competitions heating up here, which is really great for

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<v Speaker 1>the crypto market. But this seems like it's going to

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<v Speaker 1>be something really big moving ahead. Fidelity's CEO, Abigail Johnson

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<v Speaker 1>says she still holds bitcoin, and she was speaking at

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<v Speaker 1>a conference and she said it will continue to play

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<v Speaker 1>a role in this savings hierarchy. Now, Abigail has been

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<v Speaker 1>on record that Fidelity has been mining bitcoin for a

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<v Speaker 1>long time. Remember she talked about having a mining rig

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<v Speaker 1>on her desk and much more so. They've been at

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<v Speaker 1>this for a long time. So great to hear that

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<v Speaker 1>she's still very bullish. You don't often hear from her

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<v Speaker 1>as much as you do Larry Fink of black Rock

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<v Speaker 1>and so forth. But once again, Fidelity has been in

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<v Speaker 1>the crypto industry doing a lot of testing and working

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<v Speaker 1>on this technology in the very early days before they

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<v Speaker 1>made it public. Eventually they told the story and we

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<v Speaker 1>found out they've been at this since like twenty thirteen. Now,

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<v Speaker 1>speaking of bitcoin, Indiana House introduces a bill that would

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<v Speaker 1>allow pensions to invest in bitcoin. Most recently Texas. They

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<v Speaker 1>bought bitcoin right and they bought the ETFs because that's

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<v Speaker 1>the easiest way for them to go about it. So

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<v Speaker 1>we are seeing different states looking to do this, and

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<v Speaker 1>it's just a matter of time, you know that all

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<v Speaker 1>of them do. It's game theory, right, one domino folds

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<v Speaker 1>and the other are going to follow after that. So

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<v Speaker 1>this is very bullish, and you know, I often state

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<v Speaker 1>it starts a bitcoin and then eventually they will move

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<v Speaker 1>to all coins. Now look at this news. It's around

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<v Speaker 1>Avalanche or the avax token, which is the native token

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<v Speaker 1>of the Avalanche blockchain. AI powered studio Mugafi partners with

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<v Speaker 1>Avalanche to tokenize entertainment IP so, folks, we're seeing almost

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<v Speaker 1>everything getting tokenized. On chain. But we know blockchain is

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<v Speaker 1>going to power the future economies, governments, and markets. The

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<v Speaker 1>blockchain rails will be used, so it's no surprise that

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<v Speaker 1>these different aspects of society, different verticals and industries are

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<v Speaker 1>all integrating blockchain technologies. So Mugafi, an AI driven platform

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<v Speaker 1>for entertainment intellectual property, has partnered with Avalanche to tokenize firms, anime, music,

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<v Speaker 1>and other media assets, allowing creators to finance and distribute

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<v Speaker 1>projects directly on chain. The initiative will draw from Mugafhi's

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<v Speaker 1>catalog and upcoming films. According to the company, it's AI systems,

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<v Speaker 1>trained on thousands of scripts story structures help evaluate projects

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<v Speaker 1>before they are brought on chain. For financing, Muggafi and

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<v Speaker 1>Avalanche plan to finance more than ten million dollars in

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<v Speaker 1>entertainment IP. The company said their long term target is

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<v Speaker 1>to exceed one billion dollars in annual IP financing throughput.

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<v Speaker 1>Avalanche said the partnership aims to demonstrate how its network

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<v Speaker 1>can support large scale, real world asset issuance. The companies

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<v Speaker 1>plan to use Avalanche's infrastructure to fund, track, and distribute

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<v Speaker 1>entertainment projects on chain. Huge News here one tokenization continues, right,

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<v Speaker 1>and we're seeing again different types of assets and content

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<v Speaker 1>or whatever it may be, getting tokenized on the blockchains. Second,

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<v Speaker 1>this is very big for Avalanche. I'm an AVAX token holder.

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<v Speaker 1>I don't have a huge bag or anything like that.

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<v Speaker 1>I am diversified and I do have some AVAX. I

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<v Speaker 1>believe Avalanche will be one of the winners. Guys, they

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<v Speaker 1>are getting a lot of adoption, so it's not possible

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<v Speaker 1>to hold every token, but you know, you want to

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<v Speaker 1>look for the chains that are getting real world adoption.

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<v Speaker 1>People are building on them, and you know, take your

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<v Speaker 1>bets accordingly. Now, speaking of tokenization, licensing to earn protocol

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<v Speaker 1>turns intellectual property rights into RWA's. So here's another example

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<v Speaker 1>of IP, you know, getting tokenized. So beat Swap, a

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<v Speaker 1>full stack infrastructure that brings IP rights on chain, recently

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<v Speaker 1>launch its first platform. So this is really great. You know,

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<v Speaker 1>they're targeting the creator economy. They're targeting artists, music, movies

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<v Speaker 1>and all that, similar to the Avalanche tokenization here. So

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<v Speaker 1>web three platform. Beat Swap presents a blockchain based solution

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<v Speaker 1>that removes the middleman from the process and puts both

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<v Speaker 1>creators and the audience in the driver's seat of the

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<v Speaker 1>creator economy. So this is a preview of what's the

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<v Speaker 1>com folks. The a lot of middlemen and middleman fees

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<v Speaker 1>getting cut out where you can interact directly through the blockchain,

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<v Speaker 1>and you know, the traditional setup of some of these

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<v Speaker 1>things are going to be gone. So unlike non fungible

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<v Speaker 1>tokens NFTs, a widespread method for tokenizing ip RWAs can

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<v Speaker 1>be fractionalized. This means both the creator and the fans

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<v Speaker 1>can have a stake in the ip and gain a

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<v Speaker 1>right to its appreciation and revenue stream. Alongside royalties paid

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<v Speaker 1>out in USDT, participants also receive BTX, the ecosystem's native token,

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<v Speaker 1>through the licensing to earn mechanism, adding an additional layer

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<v Speaker 1>of rewards. Beat swap utilizes decentralized physical network DEEPEN infrastructures

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<v Speaker 1>to track usage data and takes monthly snapshots to determine distributions.

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<v Speaker 1>Constant on chain records allow all parties to gain a

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<v Speaker 1>transparent view of how each work is used, how much

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<v Speaker 1>revenue it generates, and how loyalty payments are shared. Again, folks,

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<v Speaker 1>this is the future and what you may see. You know,

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<v Speaker 1>some of these companies, these startups and so forth, like beatswap,

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<v Speaker 1>They're not going to come in and take over an industry,

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<v Speaker 1>but rather traditional industry players may acquire them and integrate

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<v Speaker 1>the technology. You know, it's kind of what we've seen

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<v Speaker 1>in Web two. But you know, you never know, there

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<v Speaker 1>could be some of these startups which are game changing,

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<v Speaker 1>and you know, the present such an incredible solution that

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<v Speaker 1>the masses the consumers start gravitating to them and they

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<v Speaker 1>become the powerhouses, right, folks. Quick word from our sponsor,

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<v Speaker 1>fifty applications built on it, and has been around since

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<v Speaker 1>twenty fifteen. They're partnering with Dana White and the UFC.

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<v Speaker 1>This year Data whitesid he bought a million dollars in

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<v Speaker 1>the VET token. I'm a VET token holder, I have

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<v Speaker 1>been since twenty eighteen. Folks. I'm bullish on this project

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<v Speaker 1>worked with v chaining include Boston Consulting Group, BMW Walmart, China, PwC,

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<v Speaker 1>and many more. So if you'd like to learn more

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<v Speaker 1>would be in the description. Now check this out. Wisdom

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<v Speaker 1>Tree first to market with etherorem staking fund using Loido's

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<v Speaker 1>steth So wisdom Tree they've been a trati fi player

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<v Speaker 1>and they're now entering crypto, launching bitcoin etherorem ETFs and

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<v Speaker 1>so forth. I recently interviewed Will Pack of wisdom Tree

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<v Speaker 1>at chain Link smart Con, so they're doing a lot

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<v Speaker 1>of great things and this is interesting that they're using

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<v Speaker 1>lotos staking setup. So wisdom Tree introduced an etherorem based

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<v Speaker 1>exchange traded product in Europe that earns staking rewards using

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<v Speaker 1>the decentralized Loto protocol. The wisdom Tree Physical Loto steak

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<v Speaker 1>ether ETP debut Thursday under the ticker l I s

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<v Speaker 1>T holds only st eth So you're having dedicated staking

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<v Speaker 1>ETFs here and this is going to be launch for

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<v Speaker 1>all the proof of steak blockchains, Solana and Cardanom and

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<v Speaker 1>much more. Really great to see all of these on

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<v Speaker 1>rams being built globally, not just here in the United States.

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<v Speaker 1>And in fact, the United States is kind of catching

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<v Speaker 1>up to the rest of the world because in the

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<v Speaker 1>EU and some other jurisdictions, at Canada, you had these

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<v Speaker 1>products for the most part live they were ahead of

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<v Speaker 1>the United States. And now the United States is catching

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<v Speaker 1>up with folks. I hope you see what's happening here

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<v Speaker 1>right the financialization of these crypto assets and on rams

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<v Speaker 1>being built globally. Now here's some very big news. This

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<v Speaker 1>is a huge acquisition. Turkey's Paraboo to buy coin Mina

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<v Speaker 1>in a deal worth up to two hundred and forty

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<v Speaker 1>million dollars, adding Dubai and Bahrain licenses. So huge acquisition here.

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<v Speaker 1>Powaboo has acquired coin Mina, the largest local crypto exchange

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<v Speaker 1>in the Middle East and North Africa, in a deal

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<v Speaker 1>valued at up to two hundred and forty million dollars

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<v Speaker 1>as the Turkish company seeks to expand its cross border presence.

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<v Speaker 1>The move gives Paraboo, already one of Turkey's leading crypto

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<v Speaker 1>and fintech players, immediate license access to two of the

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<v Speaker 1>region's most active regulatory regimes. The company is announced in

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<v Speaker 1>a statement on Thursday through Cooinmina powaboot inherits a broker

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<v Speaker 1>dealer virtual Assets Service Provider license. Wow, that's a mouthful

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<v Speaker 1>from Dubai's Virtual Assets Regulatory authority and a crypto Asset

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<v Speaker 1>Service Provider license from the Central Bank of Bahrain. So, folks, again,

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<v Speaker 1>the expansion the m and A is heating up. The

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<v Speaker 1>investments game. Theory is playing out here. No one wants

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<v Speaker 1>to get left behind. Everybody's expanding. They know this asset

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<v Speaker 1>class is very young. It's going to continue to grow.

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<v Speaker 1>People are going to invest in it as legislation and

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<v Speaker 1>all these things roll out across the globe, and it's

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<v Speaker 1>going to become a massive, massive asset class because you're

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<v Speaker 1>seeing the traditional assets as we were talking about tokenization

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<v Speaker 1>are being brought on chain. So all that's going to

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<v Speaker 1>fall under the umbrella of digital assets and crypto. So

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<v Speaker 1>this is really really big, folks. I want to highlight something.

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<v Speaker 1>This is the final news items. SpaceX is planning to

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<v Speaker 1>do an IPO and when twenty twenty six goes back

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<v Speaker 1>to the theme I've been sharing with you all. We

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<v Speaker 1>have AI companies, you have traditional tech companies, and you

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<v Speaker 1>have crypto companies all looking to do IPOs in twenty

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<v Speaker 1>twenty six. You have the SEC chair saying we want

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<v Speaker 1>to make IPOs great again and have more of it

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<v Speaker 1>in twenty twenty six. But a lot of people are

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<v Speaker 1>saying we're in a bear market. That's it. The stock

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<v Speaker 1>market is top out, cryptos topped out. Something is not

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<v Speaker 1>adding up here, And I'm just sharing the news here.

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<v Speaker 1>And look, I don't have a crystal ball, but I've

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<v Speaker 1>been saying there are bearer signals on the charts, but

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<v Speaker 1>the macro these news items here and of what the

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<v Speaker 1>Fed is doing and the end of quantitative tightening and

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<v Speaker 1>continue ray cuts are all signaling there's still more in

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<v Speaker 1>this bull market. But look, I may be wrong, but

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<v Speaker 1>again I'm just sharing the facts of these companies are

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<v Speaker 1>looking to go public. You got open Ai, you get

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<v Speaker 1>in a crypto market, Securitized, Grace, Kraken and others. So

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<v Speaker 1>why the dichotomy, right? And this is why it's almost

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<v Speaker 1>leading me to think of this pullback we're seeing right now,

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<v Speaker 1>it's a deep correction. What is just a local top

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<v Speaker 1>correction right that we will continue and there's still a

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<v Speaker 1>blow off top left in this market. But who knows

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<v Speaker 1>all right, I don't have a time machine. I wish

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<v Speaker 1>I did, But even know, I've given the example of

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<v Speaker 1>Biff in Back to the Future, right, where he gives

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<v Speaker 1>his younger self the all sports almanacs, so he knows

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<v Speaker 1>the future outcomes of the games. I wish I had

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<v Speaker 1>something like that for crypto and even the stock market, right,

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<v Speaker 1>But unfortunately we don't. But you know, we can look

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<v Speaker 1>at the facts. We can look at the data, the

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<v Speaker 1>charts and so forth, and form our thesis and use

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<v Speaker 1>the facts right, and the data versus our feelings and

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<v Speaker 1>emotions and gut feelings. So again, what the hell is happening?

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<v Speaker 1>Why is SpaceX looking to do an IPO? Who the

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<v Speaker 1>hell goes public in a bear market? No one? Because

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<v Speaker 1>liquidity is usually dried up, right, investors don't have money

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<v Speaker 1>and there's not you don't get the same valuations. So again,

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<v Speaker 1>if you read between the lines, put your put your

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<v Speaker 1>thinking cap on here. How what's happening we? I think

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<v Speaker 1>if we're in a bear market area, it means that

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<v Speaker 1>you know, twenty twenty six is going to be worse, right,

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<v Speaker 1>But it says where we're gonna have to wait and see.

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<v Speaker 1>I'm still you know, leaning towards the bullish side. So

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<v Speaker 1>you guys, let me know what you think if you

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<v Speaker 1>agree with me. You know, do you have an explanation

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<v Speaker 1>to the bearish folks? Do you have an explanation of

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<v Speaker 1>why these companies are looking to go public in twenty

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<v Speaker 1>twenty six if we're entering a bear market right, or

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<v Speaker 1>if some of you say we are already in a

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<v Speaker 1>bear market so it just doesn't make sense. Let me

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<v Speaker 1>know what you think. Leave your thoughts comments below hit

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<v Speaker 1>the thumbs up button. A great way to support the

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<v Speaker 1>podcast is by subscribing to my free email newsletter. It

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<v Speaker 1>is one hundred percent free. Check out the link in

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<v Speaker 1>the description and check out my book on Amazon. It's

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<v Speaker 1>available in paperback, in digital, and my course at Mycrypto

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<v Speaker 1>course dot com. Folks, thank you for tuning in. I

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<v Speaker 1>appreciate you all. In all, I'll talk to you all later.

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<v Speaker 1>M hm