Speaker 1: Hey, folks, welcome into the Thinking Crypto Podcasts. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward.
Speaker 1: On your way in. Please sit that subscribe button as
Speaker 1: well as the thumbs up button and leave a comment below.
Speaker 1: If you're listening on a podcast platform such as Spotify
Speaker 1: or Apple, please leave a five star rating and review. Folks,
Speaker 1: we have some very big news and it's actually global news.
Speaker 1: We're going to talk about Japan, UK and much more,
Speaker 1: even Dubai because we're seeing crypto getting adopted globally and
Speaker 1: I've often stated that crypto's the first truly global asset
Speaker 1: class that is trading twenty four to seven and because
Speaker 1: of the blockchain, anyone can access it. Right now, certain
Speaker 1: people around the world cannot access in New York Stock
Speaker 1: Exchange or certain stocks, but if they have a smartphone
Speaker 1: and internet connection, they can access bitcoin, etherorem XRP. The
Speaker 1: barrier of entry is very low. So we're seeing on
Speaker 1: rams being set up globally for more capital to come
Speaker 1: into this app class, and we're going to see higher
Speaker 1: prices as a result. Here's the first news item. SBI
Speaker 1: Bank outlines plans to launch Japan's first Bitcoin and XRP
Speaker 1: dual ETF. This is very interesting, and we know that
Speaker 1: SBI has been a big investor in crypto. They're a
Speaker 1: bank conglomerate, I think they're called SBI Group if I'm
Speaker 1: not mistaken, and they've been investing in bitcoin mining, They've
Speaker 1: invested in Ripple, they're big believers in XRP as well.
Speaker 1: And the fact that they're launching a joint ETF here
Speaker 1: is very fascinating because these are two of the top
Speaker 1: three assets. Right You've got bitcoin, etherorem and XRP. So
Speaker 1: Japanese financial giant SBI Holdings plans to launch the country's
Speaker 1: first dual asset cryptocurrency exchange traded fund, also known as
Speaker 1: the ETF, offering exposure to both bitcoin and XRP. In
Speaker 1: its earnings report Thursday, the company outlining plans for two
Speaker 1: crypto based ETFs. The first product proposal combines gold and
Speaker 1: crypto asset eats bundled in a trust. Now, this other
Speaker 1: ETF is even more fascinating because you have gold, which
Speaker 1: is a traditional asset, mixed with crypto, and I think
Speaker 1: we're going to see a lot of folks get creative
Speaker 1: with these assets, because we've often talked about crypto is
Speaker 1: the best performing acid class. Paul truds Jones, you know,
Speaker 1: he gave the analogy that crypto's the fastest horse in
Speaker 1: the race among the other assets. Right it's outperforming the
Speaker 1: stock market, real estate, and precious metals. But you know,
Speaker 1: these firms may want to combine and say, hey, you
Speaker 1: can get access to all of them or two of them,
Speaker 1: and things like that. And I think getting creative will
Speaker 1: help bring in different types of investors. So, according to
Speaker 1: the company, this would allocate fifty one percent into gold
Speaker 1: based ETFs and forty nine percent into crypto asset ETFs
Speaker 1: such as Bitcoin ETFs. This will be publicly offered as
Speaker 1: an investment trust in Japan. The second proposal combines two
Speaker 1: top cryptocurrencies, bitcoin and XRP. The company plans to list
Speaker 1: this product on the Tokyo Stock Exchange, the largest stock
Speaker 1: exchange in Japan. For my og subscribers, remember when I
Speaker 1: was telling you crypto will be trading on these stock markets.
Speaker 1: Here it is. It's coming to fruition right before us, folks.
Speaker 1: And this is going to happen on the NASTAC on
Speaker 1: the New York Stock Exchange in every major stock exchange
Speaker 1: around the world. Now there are ets already on other
Speaker 1: stock exchanges around the world, like to the Toronto Stock Exchange,
Speaker 1: and there's others in Europe as well, because they've already
Speaker 1: moved further along. We got delayed because of scumbag regulator
Speaker 1: Gary Genser and Elizabeth Warren as well. But now things
Speaker 1: are starting to ramp up here in the United States.
Speaker 1: But folks, this is very bullish. Again, more on rams
Speaker 1: being built around the globe for more capital to come
Speaker 1: into this acid class. So this is very bullish. Here's
Speaker 1: some more bullish XRP news. XRP custody goes live for
Speaker 1: Korean institutions via b Dax bdacs amid strong interests, so
Speaker 1: again you're seeing global demand for these crypto assets. South
Speaker 1: Korean crypto custodian BDAX has launched institutional custody support for
Speaker 1: XRP following its February partnership agreement with Ripple. The move
Speaker 1: provides institutions with regulated access to one of the world's
Speaker 1: most actively traded digital assets. The rollout, announced via bdas
Speaker 1: x account on Tuesday, enables institutions to securely store and
Speaker 1: manage XRP using Ripple custody Ripple's enterprise grade custody solution.
Speaker 1: Here's a quote. We're thrilled to offer custody support for XRP,
Speaker 1: one of the most popular digital assets in Korea, to
Speaker 1: our institutional clients, Bdax wrote. This launch strengthens our long
Speaker 1: standing partnership with Ripple and underscores our commitment to the
Speaker 1: Korean market. Now key words there institutional client, not retail.
Speaker 1: Retail already has access, but they're opening the doors and
Speaker 1: the floodgates for institutional capital to come in. Again, look
Speaker 1: at the macro picture here, because more Apple's going to
Speaker 1: come in, driving the value of these blockchains and their
Speaker 1: native assets higher. Obviously, it's not just the speculation part,
Speaker 1: but the building as well. It's a combination of speculation
Speaker 1: and building right, as some will say utility. So this
Speaker 1: is very bullish and if you're an XRP holder, you
Speaker 1: should be very happy. I know there's a lot of
Speaker 1: XRP haters and they're going to be very angry about this.
Speaker 1: You will probably see them write comments, nasty comments in
Speaker 1: the comments section. But look, the free market does not
Speaker 1: care about people's emotions and feelings. What it cares about
Speaker 1: it is their demand is their utility can people build
Speaker 1: on this blockchain? And clearly there's demand. We're seeing it
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Speaker 1: out of Dubai. Dubai officially approves the first crypto options license.
Speaker 1: So we're seeing regulations, licenses, and guard wheels being put
Speaker 1: into place around the world again for more participation in
Speaker 1: the asset class. And a lot of this is for
Speaker 1: retail but also institutional investors, so it will allow more
Speaker 1: capital to come in as these licenses and regulations and
Speaker 1: clarity is being provided. Because you know a lot of
Speaker 1: the institutional investors they're sitting on the sidelines waiting for
Speaker 1: the clarity. They don't want to touch things where they
Speaker 1: could be at risk of getting a lawsuits or you know,
Speaker 1: there's no protections in place. So once you have the
Speaker 1: infrastructure elements in place, it will allow these folks to
Speaker 1: get off the sidelines and start investing. And like I said,
Speaker 1: more on ramps being built. So this is very bullish,
Speaker 1: so here's the details for that. News just shared Nomora's
Speaker 1: Laser Digital to launch the first regulated OTC desk for
Speaker 1: crypto options in Dubai. Now OTC is over the counters,
Speaker 1: so these are transactions that are done buying and selling
Speaker 1: that is done outside of the market, so it's not
Speaker 1: recorded on the open market. So usually a lot of whales,
Speaker 1: you know, they go buy directly and while the transaction
Speaker 1: is recorded on the blockchain, is not recorded by the
Speaker 1: market makers, and the open market is to move the price,
Speaker 1: so you definitely have to keep that in mind that
Speaker 1: as these institutions are buying, many of them are doing
Speaker 1: it via OTC. So the limited license will allow Laser
Speaker 1: Digital to offer OTC crypto options to institutional clients under
Speaker 1: strict oversight, the company said Wednesday. OTC desks allow institutions
Speaker 1: to trade large volumes of digital assets directly with counterparties,
Speaker 1: minimizing slippage and enabling more flexible pricing. These desks are
Speaker 1: typically used by hedge funds, asset managers, trading firms, and
Speaker 1: other high volume institutional clients. Folks, things are moving ahead
Speaker 1: here around the globe. Now let's jump to the UK
Speaker 1: the UK allows retail access to crypto etns signals pushed
Speaker 1: to become a crypto hub. So the UK has been
Speaker 1: losing some crypto business to the United States since the
Speaker 1: United States opened up from a regulatory and having a
Speaker 1: more friendlier environment, of course, because a lot of firms
Speaker 1: had left the United States undered against their Elizabeth Warren regime,
Speaker 1: and now a lot of them are coming back. So
Speaker 1: the UK is trying to win some of the business
Speaker 1: back and keep folks there. So the United Kingdom Financial
Speaker 1: regulator lifted a ban on crypto exchange traded notes c
Speaker 1: etns for retail investors, in a move welcome by industry
Speaker 1: leaders as a step toward aligning the UK with the
Speaker 1: global crypto markets as a digital asset hub. On Friday,
Speaker 1: the UK's Financial Conduct Authority FCA reversed the ban on
Speaker 1: retail access to cetns, with regulatory changes taking effect from
Speaker 1: October eighth. The ban was enforced in January twenty twenty one,
Speaker 1: citing extreme volatility and the lack of legitimate investment need.
Speaker 1: So lifting the CETN ban reflects a change in the
Speaker 1: regulator's approach to crypto assets. In a statement, and FCA executive.
Speaker 1: The decision reflected how the market had evolved and how
Speaker 1: crypto related products are better understood. Game theory is playing
Speaker 1: out here. If they don't do it, I've often said
Speaker 1: they're going to hurt their own economy because crypto and
Speaker 1: blockchains will be powering the rails for the markets, governments
Speaker 1: and economies. And there's a lot of capital, a lot
Speaker 1: looking to come into this market and people looking to
Speaker 1: trade and invest and build, and if the UK continues
Speaker 1: the band stuff, they're going to lose out on tax
Speaker 1: revenue and businesses and jobs and much more. So. This
Speaker 1: is a great sign to see this happening. Some more
Speaker 1: news out of the UK here. Sut Suma secures two
Speaker 1: hundred and eighteen million dollars, including one hundred and twenty
Speaker 1: five million dollars in bitcoin to advance bitcoin strategy. So
Speaker 1: London listed tech firm Satsuma Technology locked in over one
Speaker 1: hundred and sixty three million British pounds, which is equivalent
Speaker 1: to two hundred and seventeen point six million dollars and grows.
Speaker 1: Proceeds from its second convertible loan note round were nearly
Speaker 1: one hundred and twenty five million dollars settled in Big one.
Speaker 1: The rays, which closed on July twenty eighth, overshot its
Speaker 1: minimum one hundred and twenty nine million dollar target by
Speaker 1: more than sixty three percent. See the demand here, folks.
Speaker 1: And again this is overseas. This is not here in
Speaker 1: the United States, which has the largest capital market, driven
Speaker 1: by strong interests from crypto native and traditional institutional investors,
Speaker 1: the company said in a Wednesday announcement. Key words there,
Speaker 1: traditional institutional investors, all of the all guards are getting
Speaker 1: ready to come in. They want a piece of this market, guys.
Speaker 1: And I hope you see what is happening here. I
Speaker 1: hope you're paying attention, right. This is not made up news.
Speaker 1: This is factual information here, and I hope it's resonating
Speaker 1: and you are putting it into your storage unit of
Speaker 1: why you should be bullish on right. So let me
Speaker 1: sure a quote here. This moment represents a landmark validation
Speaker 1: of our core belief that fusing a bitcoin native treasury
Speaker 1: with decentralized AI is a paradigm shift in corporate value creation,
Speaker 1: said Satsuma CEO Henry Elder. Incredible, incredible news here, folks.
Speaker 1: All right, let's move ahead. Here's another news item coming
Speaker 1: out of the UK. UK's Smarter Web Company raises twenty
Speaker 1: one million dollars via bitcoin denominated bonds. This is interesting.
Speaker 1: So the Smarter Web Company, a publicly traded UK based
Speaker 1: company holding bitcoin on its corporate balance sheet, raised twenty
Speaker 1: one million dollars to a bitcoin denominated bond offering, making
Speaker 1: a rare move in the British capital markets. So again
Speaker 1: things are heating up in the UK. They realize what's
Speaker 1: happening in the United States. We need to get going.
Speaker 1: We need to ramp up because you know the United States,
Speaker 1: we're going to steal their lunch, right, So all of
Speaker 1: these folks, they're gonna be in competition now and again
Speaker 1: it's game theory playing out here. No one wants to
Speaker 1: be left behind. So in a Wednesday London Stock Exchange announcement,
Speaker 1: the Smarter Web Company disclosed it had launched a bitcoin
Speaker 1: denominated bond that has already raised fifteen point eight million
Speaker 1: British pounds around twenty one million dollars. The bond was
Speaker 1: offered in a fully subscribe round backed by the French
Speaker 1: asset management giant tobomb. I've never heard of these folks,
Speaker 1: but this is very interesting. The new product, smarter Convert,
Speaker 1: was designed in partnership with Tobomb, with the French company
Speaker 1: investing through three of its managed funds. Tobomb CEO Eves
Speaker 1: I can't pronounce this last name, I apologize, said that
Speaker 1: the company is driven by a commitment to long term alignment. Folks,
Speaker 1: the herd, the institutional herd is coming and it's happening
Speaker 1: around the globe. This is so bullish. Final news item here.
Speaker 1: Token is stocks rise two d and twenty percent in July,
Speaker 1: reminiscent of the early D five boom. So as Larry Fink,
Speaker 1: black Rock CEO said just a couple of years ago,
Speaker 1: tokenization is the future of finance. As we've been saying,
Speaker 1: the markets, the economies, and governments will all run on blockchain,
Speaker 1: and they're going to tokenize traditional assets, real estate and
Speaker 1: much more. It's all going to go on the blockchain.
Speaker 1: I've often said, no more opening and closing. Bell markets
Speaker 1: will be running twenty four to seven, truly global, more
Speaker 1: liquidity on rams around the globe. People who were not
Speaker 1: able to access stocks or stock market are going to
Speaker 1: be able to access it now. So it will provide
Speaker 1: financial inclusivity and opportunities for many people in developing countries
Speaker 1: and much more so. Token is stocks may be approaching
Speaker 1: a tipping point as investor demand for blockchain based financial
Speaker 1: product surges, potentially accelerating the adoption of traditional assets on chain.
Speaker 1: Token is stocks, which are part of the growing real
Speaker 1: world asset RWA token is aation sector, reached a three
Speaker 1: hundred and seventy million dollar market capitalization by the end
Speaker 1: of July, according to a Wednesday Finance research report shared
Speaker 1: with coin Telegraph. The Lion's share two hundred and sixty
Speaker 1: million dollars was attributed to Exodus movement. I've never heard
Speaker 1: of these folks. The shares were issued through Securitize, so
Speaker 1: many of you know Securitize. They helped Blackrock to launch
Speaker 1: their money market fund, Tokenized money Market Fund, and I've
Speaker 1: had the CEO and many representatives on the podcast. So
Speaker 1: excluding this figure, the market capitalization of tokenized stocks rose
Speaker 1: fifty three point six million dollars, marking a two hundred
Speaker 1: and twenty percent monthly increase in June. So, folks, there's
Speaker 1: a race happening here clearly right. You got a lot
Speaker 1: of Wall Street firm If you caught my interview with
Speaker 1: Robin's CEO, Vlatinev, and I published that about a day ago. Guys,
Speaker 1: go watch it because he talked about Robin Hood's plans
Speaker 1: to do this, and they have the infrastructure already, the brand,
Speaker 1: the retail customer base, and a lot of stocks. Obviously
Speaker 1: they're going to move it to the blockchain and they're
Speaker 1: building their own late layer two on the Arbitrum blockchain.
Speaker 1: So clearly a massive race here, folks. And you're seeing
Speaker 1: crypto exchanges jump into the game. Coinbase announced they'll get
Speaker 1: they're going to be doing this. You have e Toro,
Speaker 1: they've launched it, so has Craken. So the really cool
Speaker 1: thing is that, in addition to financial inclusivity and more
Speaker 1: reach around the globe, you're going to be able to
Speaker 1: do DeFi activities with these tokenized assets. And I think
Speaker 1: that's what really opens up a lot of opportunities because
Speaker 1: you can, rather than just have the assets sit there,
Speaker 1: it can work for you. So yes, the asset price
Speaker 1: can appreciate as stock prices do, but if you have
Speaker 1: it earning yield and you're lending it out and it's
Speaker 1: all done through smart contracts, you have another avenue to
Speaker 1: earn passive income. So that's what makes it a game changer,
Speaker 1: and that's why you have this race happening here. It's
Speaker 1: not just okay, let's put it on the blockchain, but
Speaker 1: there's so many opportunities from a DeFi perspective, in addition
Speaker 1: to more liquidity because if you open these stocks up
Speaker 1: to many other jurisdictions that couldn't touch it before. Again,
Speaker 1: more liquidity. Right, So, guys, do you see where things
Speaker 1: are headed? Do you see the direction the puck is
Speaker 1: heading in? We're skating to that, and this is why
Speaker 1: we're taking our bets, and we want to look at
Speaker 1: which blockchains are being adopted for tokenization in addition to
Speaker 1: other things, because that's the utility, that's the building that's
Speaker 1: going to happen on these blockchains, and Metcalf's law reads
Speaker 1: law right, as we have often talked about, will help
Speaker 1: increase the value and the transactions, the building and all that.
Speaker 1: So exciting times. I know right now some of you
Speaker 1: are gonna say, but Tony, the price, the price, the price,
Speaker 1: I know, but as we've been talking about, we are
Speaker 1: still in a macro bowl market for all assets, real estate, cryptos,
Speaker 1: stock market, and precious metals. Crypto's experience at cool down,
Speaker 1: so is the stock market. Markets can go up in
Speaker 1: a straight line. It's very simple. Look at the RSI
Speaker 1: I've been sharing with you guys, right, look at my newsletter.
Speaker 1: We were in the overbod zone. We're coming out of that.
Speaker 1: We're heading near to the over sol. We're going to
Speaker 1: bounce and keep going. The thesis of global liquidity, and
Speaker 1: all these things are still in play. The Fibonacci levels,
Speaker 1: the Elliot wave models, they all show nothing has been invalidated.
Speaker 1: So be patient. It's summertime, you know here at least
Speaker 1: in the United States. Go to the beach, go touch grass, right,
Speaker 1: and then when we start moving, which I believe will
Speaker 1: happen later this month, then you come back and we
Speaker 1: start getting ready to look to take profits. So make
Speaker 1: sure you got your plan though, right. So that's how
Speaker 1: I'm treating it. I haven't looked at my portfolio in
Speaker 1: like a week, right, because I know it's down. There's
Speaker 1: no point. So I got to keep my mental health
Speaker 1: when it comes to investing. So hope you guys understand
Speaker 1: these are just little tricks, right, Just don't look at
Speaker 1: your portfolio when it's down like this. So guys, bullish
Speaker 1: times are head and I do believe the blow off
Speaker 1: top is going to come this year, so let's make
Speaker 1: sure we are prepared folks. A great way you can
Speaker 1: support me in the podcast if you appreciate my content
Speaker 1: is please subscribe to my free email newsletter. It's one
Speaker 1: hundred percent free. It's on substack linkal being a description,
Speaker 1: check out my book on Amazon, it's available in paperback
Speaker 1: and digital, and my course at Mycrypto course dot com.
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Speaker 1: pay a one time fee, you get lifetime access. You
Speaker 1: can share that with your friends and family. Is if
Speaker 1: you want to go at your own pace. So again,
Speaker 1: no other course offers what this offers, guys. And for example,
Speaker 1: you can hear Carlos Domingo, the co founder and CEO
Speaker 1: of Securitize, explain tokenization to you and how it works. Right,
Speaker 1: So it It's packed with a ton of value, folks,
Speaker 1: so check it out. Go to mycrypto course dot com. Folks,
Speaker 1: thank you so much for watching and listening. I appreciate
Speaker 1: you all, and I'll talk to you all later. Hmmmmmm