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<v Speaker 1>Hey, folks, welcome into the Thinking Crypto Podcasts. You're home

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<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward.

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<v Speaker 1>On your way in. Please sit that subscribe button as

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<v Speaker 1>well as the thumbs up button and leave a comment below.

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<v Speaker 1>If you're listening on a podcast platform such as Spotify

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<v Speaker 1>or Apple, please leave a five star rating and review. Folks,

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<v Speaker 1>we have some very big news and it's actually global news.

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<v Speaker 1>We're going to talk about Japan, UK and much more,

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<v Speaker 1>even Dubai because we're seeing crypto getting adopted globally and

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<v Speaker 1>I've often stated that crypto's the first truly global asset

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<v Speaker 1>class that is trading twenty four to seven and because

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<v Speaker 1>of the blockchain, anyone can access it. Right now, certain

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<v Speaker 1>people around the world cannot access in New York Stock

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<v Speaker 1>Exchange or certain stocks, but if they have a smartphone

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<v Speaker 1>and internet connection, they can access bitcoin, etherorem XRP. The

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<v Speaker 1>barrier of entry is very low. So we're seeing on

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<v Speaker 1>rams being set up globally for more capital to come

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<v Speaker 1>into this app class, and we're going to see higher

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<v Speaker 1>prices as a result. Here's the first news item. SBI

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<v Speaker 1>Bank outlines plans to launch Japan's first Bitcoin and XRP

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<v Speaker 1>dual ETF. This is very interesting, and we know that

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<v Speaker 1>SBI has been a big investor in crypto. They're a

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<v Speaker 1>bank conglomerate, I think they're called SBI Group if I'm

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<v Speaker 1>not mistaken, and they've been investing in bitcoin mining, They've

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<v Speaker 1>invested in Ripple, they're big believers in XRP as well.

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<v Speaker 1>And the fact that they're launching a joint ETF here

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<v Speaker 1>is very fascinating because these are two of the top

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<v Speaker 1>three assets. Right You've got bitcoin, etherorem and XRP. So

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<v Speaker 1>Japanese financial giant SBI Holdings plans to launch the country's

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<v Speaker 1>first dual asset cryptocurrency exchange traded fund, also known as

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<v Speaker 1>the ETF, offering exposure to both bitcoin and XRP. In

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<v Speaker 1>its earnings report Thursday, the company outlining plans for two

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<v Speaker 1>crypto based ETFs. The first product proposal combines gold and

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<v Speaker 1>crypto asset eats bundled in a trust. Now, this other

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<v Speaker 1>ETF is even more fascinating because you have gold, which

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<v Speaker 1>is a traditional asset, mixed with crypto, and I think

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<v Speaker 1>we're going to see a lot of folks get creative

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<v Speaker 1>with these assets, because we've often talked about crypto is

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<v Speaker 1>the best performing acid class. Paul truds Jones, you know,

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<v Speaker 1>he gave the analogy that crypto's the fastest horse in

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<v Speaker 1>the race among the other assets. Right it's outperforming the

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<v Speaker 1>stock market, real estate, and precious metals. But you know,

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<v Speaker 1>these firms may want to combine and say, hey, you

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<v Speaker 1>can get access to all of them or two of them,

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<v Speaker 1>and things like that. And I think getting creative will

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<v Speaker 1>help bring in different types of investors. So, according to

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<v Speaker 1>the company, this would allocate fifty one percent into gold

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<v Speaker 1>based ETFs and forty nine percent into crypto asset ETFs

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<v Speaker 1>such as Bitcoin ETFs. This will be publicly offered as

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<v Speaker 1>an investment trust in Japan. The second proposal combines two

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<v Speaker 1>top cryptocurrencies, bitcoin and XRP. The company plans to list

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<v Speaker 1>this product on the Tokyo Stock Exchange, the largest stock

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<v Speaker 1>exchange in Japan. For my og subscribers, remember when I

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<v Speaker 1>was telling you crypto will be trading on these stock markets.

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<v Speaker 1>Here it is. It's coming to fruition right before us, folks.

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<v Speaker 1>And this is going to happen on the NASTAC on

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<v Speaker 1>the New York Stock Exchange in every major stock exchange

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<v Speaker 1>around the world. Now there are ets already on other

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<v Speaker 1>stock exchanges around the world, like to the Toronto Stock Exchange,

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<v Speaker 1>and there's others in Europe as well, because they've already

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<v Speaker 1>moved further along. We got delayed because of scumbag regulator

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<v Speaker 1>Gary Genser and Elizabeth Warren as well. But now things

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<v Speaker 1>are starting to ramp up here in the United States.

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<v Speaker 1>But folks, this is very bullish. Again, more on rams

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<v Speaker 1>being built around the globe for more capital to come

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<v Speaker 1>into this acid class. So this is very bullish. Here's

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<v Speaker 1>some more bullish XRP news. XRP custody goes live for

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<v Speaker 1>Korean institutions via b Dax bdacs amid strong interests, so

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<v Speaker 1>again you're seeing global demand for these crypto assets. South

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<v Speaker 1>Korean crypto custodian BDAX has launched institutional custody support for

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<v Speaker 1>XRP following its February partnership agreement with Ripple. The move

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<v Speaker 1>provides institutions with regulated access to one of the world's

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<v Speaker 1>most actively traded digital assets. The rollout, announced via bdas

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<v Speaker 1>x account on Tuesday, enables institutions to securely store and

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<v Speaker 1>manage XRP using Ripple custody Ripple's enterprise grade custody solution.

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<v Speaker 1>Here's a quote. We're thrilled to offer custody support for XRP,

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<v Speaker 1>one of the most popular digital assets in Korea, to

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<v Speaker 1>our institutional clients, Bdax wrote. This launch strengthens our long

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<v Speaker 1>standing partnership with Ripple and underscores our commitment to the

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<v Speaker 1>Korean market. Now key words there institutional client, not retail.

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<v Speaker 1>Retail already has access, but they're opening the doors and

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<v Speaker 1>the floodgates for institutional capital to come in. Again, look

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<v Speaker 1>at the macro picture here, because more Apple's going to

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<v Speaker 1>come in, driving the value of these blockchains and their

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<v Speaker 1>native assets higher. Obviously, it's not just the speculation part,

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<v Speaker 1>but the building as well. It's a combination of speculation

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<v Speaker 1>and building right, as some will say utility. So this

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<v Speaker 1>is very bullish and if you're an XRP holder, you

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<v Speaker 1>should be very happy. I know there's a lot of

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<v Speaker 1>XRP haters and they're going to be very angry about this.

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<v Speaker 1>You will probably see them write comments, nasty comments in

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<v Speaker 1>the comments section. But look, the free market does not

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<v Speaker 1>care about people's emotions and feelings. What it cares about

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<v Speaker 1>it is their demand is their utility can people build

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<v Speaker 1>on this blockchain? And clearly there's demand. We're seeing it

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<v Speaker 1>around the globe now quickly from our sponsor folks, and

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<v Speaker 1>that is Treasure. Treasure makes beautiful hardware wallets that make

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<v Speaker 1>it easy for you to self custody your crypto assets.

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<v Speaker 1>I'm a user of the product. I personally use the

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<v Speaker 1>Treasure save five. Treasure they were the pioneers of the

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<v Speaker 1>hardware wallet. They created this whole setup and they created

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<v Speaker 1>the seed phrase setup as well. And their hardware wallets

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<v Speaker 1>are open source support a variety of tokens, so I'm

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<v Speaker 1>talking Bitcoin, etherorem XRP, Solana, all the top all coins

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<v Speaker 1>and even new all coins and even institutional tokenized coins

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<v Speaker 1>like black Rocks, Biddle, So that's pretty amazing that they

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<v Speaker 1>support all these things. And they have a great software

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<v Speaker 1>suite called Treasure Suite which helps you to manage your coins,

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<v Speaker 1>so it's pretty easy to use. They also have a

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<v Speaker 1>handholding service, so you can talk to a customer service

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<v Speaker 1>rep from Treasure to help you on board and get

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<v Speaker 1>your wallet set up. They're not gonna ask for your

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<v Speaker 1>private keys obviously, right, They're going to make sure they

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<v Speaker 1>keep that part out, but if you need help in

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<v Speaker 1>just walking through the setup and the logistics of the device,

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<v Speaker 1>they will help you to do that. Folks, you can

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<v Speaker 1>use my code thinking crypto, that's all one word, thinking

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<v Speaker 1>Crypto to get five percent off. So if you'd like

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<v Speaker 1>to learn more about Treasures products, check out the link

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<v Speaker 1>in the description. Now some more big news, this one

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<v Speaker 1>out of Dubai. Dubai officially approves the first crypto options license.

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<v Speaker 1>So we're seeing regulations, licenses, and guard wheels being put

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<v Speaker 1>into place around the world again for more participation in

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<v Speaker 1>the asset class. And a lot of this is for

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<v Speaker 1>retail but also institutional investors, so it will allow more

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<v Speaker 1>capital to come in as these licenses and regulations and

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<v Speaker 1>clarity is being provided. Because you know a lot of

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<v Speaker 1>the institutional investors they're sitting on the sidelines waiting for

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<v Speaker 1>the clarity. They don't want to touch things where they

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<v Speaker 1>could be at risk of getting a lawsuits or you know,

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<v Speaker 1>there's no protections in place. So once you have the

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<v Speaker 1>infrastructure elements in place, it will allow these folks to

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<v Speaker 1>get off the sidelines and start investing. And like I said,

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<v Speaker 1>more on ramps being built. So this is very bullish,

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<v Speaker 1>so here's the details for that. News just shared Nomora's

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<v Speaker 1>Laser Digital to launch the first regulated OTC desk for

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<v Speaker 1>crypto options in Dubai. Now OTC is over the counters,

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<v Speaker 1>so these are transactions that are done buying and selling

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<v Speaker 1>that is done outside of the market, so it's not

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<v Speaker 1>recorded on the open market. So usually a lot of whales,

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<v Speaker 1>you know, they go buy directly and while the transaction

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<v Speaker 1>is recorded on the blockchain, is not recorded by the

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<v Speaker 1>market makers, and the open market is to move the price,

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<v Speaker 1>so you definitely have to keep that in mind that

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<v Speaker 1>as these institutions are buying, many of them are doing

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<v Speaker 1>it via OTC. So the limited license will allow Laser

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<v Speaker 1>Digital to offer OTC crypto options to institutional clients under

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<v Speaker 1>strict oversight, the company said Wednesday. OTC desks allow institutions

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<v Speaker 1>to trade large volumes of digital assets directly with counterparties,

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<v Speaker 1>minimizing slippage and enabling more flexible pricing. These desks are

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<v Speaker 1>typically used by hedge funds, asset managers, trading firms, and

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<v Speaker 1>other high volume institutional clients. Folks, things are moving ahead

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<v Speaker 1>here around the globe. Now let's jump to the UK

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<v Speaker 1>the UK allows retail access to crypto etns signals pushed

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<v Speaker 1>to become a crypto hub. So the UK has been

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<v Speaker 1>losing some crypto business to the United States since the

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<v Speaker 1>United States opened up from a regulatory and having a

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<v Speaker 1>more friendlier environment, of course, because a lot of firms

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<v Speaker 1>had left the United States undered against their Elizabeth Warren regime,

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<v Speaker 1>and now a lot of them are coming back. So

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<v Speaker 1>the UK is trying to win some of the business

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<v Speaker 1>back and keep folks there. So the United Kingdom Financial

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<v Speaker 1>regulator lifted a ban on crypto exchange traded notes c

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<v Speaker 1>etns for retail investors, in a move welcome by industry

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<v Speaker 1>leaders as a step toward aligning the UK with the

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<v Speaker 1>global crypto markets as a digital asset hub. On Friday,

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<v Speaker 1>the UK's Financial Conduct Authority FCA reversed the ban on

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<v Speaker 1>retail access to cetns, with regulatory changes taking effect from

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<v Speaker 1>October eighth. The ban was enforced in January twenty twenty one,

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<v Speaker 1>citing extreme volatility and the lack of legitimate investment need.

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<v Speaker 1>So lifting the CETN ban reflects a change in the

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<v Speaker 1>regulator's approach to crypto assets. In a statement, and FCA executive.

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<v Speaker 1>The decision reflected how the market had evolved and how

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<v Speaker 1>crypto related products are better understood. Game theory is playing

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<v Speaker 1>out here. If they don't do it, I've often said

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<v Speaker 1>they're going to hurt their own economy because crypto and

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<v Speaker 1>blockchains will be powering the rails for the markets, governments

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<v Speaker 1>and economies. And there's a lot of capital, a lot

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<v Speaker 1>looking to come into this market and people looking to

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<v Speaker 1>trade and invest and build, and if the UK continues

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<v Speaker 1>the band stuff, they're going to lose out on tax

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<v Speaker 1>revenue and businesses and jobs and much more. So. This

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<v Speaker 1>is a great sign to see this happening. Some more

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<v Speaker 1>news out of the UK here. Sut Suma secures two

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<v Speaker 1>hundred and eighteen million dollars, including one hundred and twenty

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<v Speaker 1>five million dollars in bitcoin to advance bitcoin strategy. So

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<v Speaker 1>London listed tech firm Satsuma Technology locked in over one

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<v Speaker 1>hundred and sixty three million British pounds, which is equivalent

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<v Speaker 1>to two hundred and seventeen point six million dollars and grows.

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<v Speaker 1>Proceeds from its second convertible loan note round were nearly

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<v Speaker 1>one hundred and twenty five million dollars settled in Big one.

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<v Speaker 1>The rays, which closed on July twenty eighth, overshot its

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<v Speaker 1>minimum one hundred and twenty nine million dollar target by

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<v Speaker 1>more than sixty three percent. See the demand here, folks.

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<v Speaker 1>And again this is overseas. This is not here in

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<v Speaker 1>the United States, which has the largest capital market, driven

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<v Speaker 1>by strong interests from crypto native and traditional institutional investors,

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<v Speaker 1>the company said in a Wednesday announcement. Key words there,

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<v Speaker 1>traditional institutional investors, all of the all guards are getting

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<v Speaker 1>ready to come in. They want a piece of this market, guys.

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<v Speaker 1>And I hope you see what is happening here. I

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<v Speaker 1>hope you're paying attention, right. This is not made up news.

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<v Speaker 1>This is factual information here, and I hope it's resonating

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<v Speaker 1>and you are putting it into your storage unit of

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<v Speaker 1>why you should be bullish on right. So let me

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<v Speaker 1>sure a quote here. This moment represents a landmark validation

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<v Speaker 1>of our core belief that fusing a bitcoin native treasury

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<v Speaker 1>with decentralized AI is a paradigm shift in corporate value creation,

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<v Speaker 1>said Satsuma CEO Henry Elder. Incredible, incredible news here, folks.

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<v Speaker 1>All right, let's move ahead. Here's another news item coming

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<v Speaker 1>out of the UK. UK's Smarter Web Company raises twenty

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<v Speaker 1>one million dollars via bitcoin denominated bonds. This is interesting.

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<v Speaker 1>So the Smarter Web Company, a publicly traded UK based

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<v Speaker 1>company holding bitcoin on its corporate balance sheet, raised twenty

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<v Speaker 1>one million dollars to a bitcoin denominated bond offering, making

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<v Speaker 1>a rare move in the British capital markets. So again

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<v Speaker 1>things are heating up in the UK. They realize what's

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<v Speaker 1>happening in the United States. We need to get going.

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<v Speaker 1>We need to ramp up because you know the United States,

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<v Speaker 1>we're going to steal their lunch, right, So all of

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<v Speaker 1>these folks, they're gonna be in competition now and again

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<v Speaker 1>it's game theory playing out here. No one wants to

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<v Speaker 1>be left behind. So in a Wednesday London Stock Exchange announcement,

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<v Speaker 1>the Smarter Web Company disclosed it had launched a bitcoin

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<v Speaker 1>denominated bond that has already raised fifteen point eight million

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<v Speaker 1>British pounds around twenty one million dollars. The bond was

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<v Speaker 1>offered in a fully subscribe round backed by the French

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<v Speaker 1>asset management giant tobomb. I've never heard of these folks,

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<v Speaker 1>but this is very interesting. The new product, smarter Convert,

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<v Speaker 1>was designed in partnership with Tobomb, with the French company

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<v Speaker 1>investing through three of its managed funds. Tobomb CEO Eves

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<v Speaker 1>I can't pronounce this last name, I apologize, said that

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<v Speaker 1>the company is driven by a commitment to long term alignment. Folks,

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<v Speaker 1>the herd, the institutional herd is coming and it's happening

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<v Speaker 1>around the globe. This is so bullish. Final news item here.

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<v Speaker 1>Token is stocks rise two d and twenty percent in July,

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<v Speaker 1>reminiscent of the early D five boom. So as Larry Fink,

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<v Speaker 1>black Rock CEO said just a couple of years ago,

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<v Speaker 1>tokenization is the future of finance. As we've been saying,

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<v Speaker 1>the markets, the economies, and governments will all run on blockchain,

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<v Speaker 1>and they're going to tokenize traditional assets, real estate and

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<v Speaker 1>much more. It's all going to go on the blockchain.

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<v Speaker 1>I've often said, no more opening and closing. Bell markets

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<v Speaker 1>will be running twenty four to seven, truly global, more

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<v Speaker 1>liquidity on rams around the globe. People who were not

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<v Speaker 1>able to access stocks or stock market are going to

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<v Speaker 1>be able to access it now. So it will provide

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<v Speaker 1>financial inclusivity and opportunities for many people in developing countries

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<v Speaker 1>and much more so. Token is stocks may be approaching

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<v Speaker 1>a tipping point as investor demand for blockchain based financial

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<v Speaker 1>product surges, potentially accelerating the adoption of traditional assets on chain.

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<v Speaker 1>Token is stocks, which are part of the growing real

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<v Speaker 1>world asset RWA token is aation sector, reached a three

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<v Speaker 1>hundred and seventy million dollar market capitalization by the end

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<v Speaker 1>of July, according to a Wednesday Finance research report shared

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<v Speaker 1>with coin Telegraph. The Lion's share two hundred and sixty

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<v Speaker 1>million dollars was attributed to Exodus movement. I've never heard

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<v Speaker 1>of these folks. The shares were issued through Securitize, so

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<v Speaker 1>many of you know Securitize. They helped Blackrock to launch

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<v Speaker 1>their money market fund, Tokenized money Market Fund, and I've

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<v Speaker 1>had the CEO and many representatives on the podcast. So

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<v Speaker 1>excluding this figure, the market capitalization of tokenized stocks rose

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<v Speaker 1>fifty three point six million dollars, marking a two hundred

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<v Speaker 1>and twenty percent monthly increase in June. So, folks, there's

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<v Speaker 1>a race happening here clearly right. You got a lot

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<v Speaker 1>of Wall Street firm If you caught my interview with

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<v Speaker 1>Robin's CEO, Vlatinev, and I published that about a day ago. Guys,

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<v Speaker 1>go watch it because he talked about Robin Hood's plans

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<v Speaker 1>to do this, and they have the infrastructure already, the brand,

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<v Speaker 1>the retail customer base, and a lot of stocks. Obviously

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<v Speaker 1>they're going to move it to the blockchain and they're

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<v Speaker 1>building their own late layer two on the Arbitrum blockchain.

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<v Speaker 1>So clearly a massive race here, folks. And you're seeing

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<v Speaker 1>crypto exchanges jump into the game. Coinbase announced they'll get

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<v Speaker 1>they're going to be doing this. You have e Toro,

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<v Speaker 1>they've launched it, so has Craken. So the really cool

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<v Speaker 1>thing is that, in addition to financial inclusivity and more

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<v Speaker 1>reach around the globe, you're going to be able to

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<v Speaker 1>do DeFi activities with these tokenized assets. And I think

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<v Speaker 1>that's what really opens up a lot of opportunities because

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<v Speaker 1>you can, rather than just have the assets sit there,

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<v Speaker 1>it can work for you. So yes, the asset price

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<v Speaker 1>can appreciate as stock prices do, but if you have

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<v Speaker 1>it earning yield and you're lending it out and it's

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<v Speaker 1>all done through smart contracts, you have another avenue to

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<v Speaker 1>earn passive income. So that's what makes it a game changer,

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<v Speaker 1>and that's why you have this race happening here. It's

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<v Speaker 1>not just okay, let's put it on the blockchain, but

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<v Speaker 1>there's so many opportunities from a DeFi perspective, in addition

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<v Speaker 1>to more liquidity because if you open these stocks up

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<v Speaker 1>to many other jurisdictions that couldn't touch it before. Again,

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<v Speaker 1>more liquidity. Right, So, guys, do you see where things

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<v Speaker 1>are headed? Do you see the direction the puck is

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<v Speaker 1>heading in? We're skating to that, and this is why

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<v Speaker 1>we're taking our bets, and we want to look at

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<v Speaker 1>which blockchains are being adopted for tokenization in addition to

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<v Speaker 1>other things, because that's the utility, that's the building that's

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<v Speaker 1>going to happen on these blockchains, and Metcalf's law reads

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<v Speaker 1>law right, as we have often talked about, will help

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<v Speaker 1>increase the value and the transactions, the building and all that.

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<v Speaker 1>So exciting times. I know right now some of you

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<v Speaker 1>are gonna say, but Tony, the price, the price, the price,

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<v Speaker 1>I know, but as we've been talking about, we are

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<v Speaker 1>still in a macro bowl market for all assets, real estate, cryptos,

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<v Speaker 1>stock market, and precious metals. Crypto's experience at cool down,

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<v Speaker 1>so is the stock market. Markets can go up in

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<v Speaker 1>a straight line. It's very simple. Look at the RSI

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<v Speaker 1>I've been sharing with you guys, right, look at my newsletter.

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<v Speaker 1>We were in the overbod zone. We're coming out of that.

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<v Speaker 1>We're heading near to the over sol. We're going to

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<v Speaker 1>bounce and keep going. The thesis of global liquidity, and

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<v Speaker 1>all these things are still in play. The Fibonacci levels,

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<v Speaker 1>the Elliot wave models, they all show nothing has been invalidated.

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<v Speaker 1>So be patient. It's summertime, you know here at least

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<v Speaker 1>in the United States. Go to the beach, go touch grass, right,

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<v Speaker 1>and then when we start moving, which I believe will

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<v Speaker 1>happen later this month, then you come back and we

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<v Speaker 1>start getting ready to look to take profits. So make

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<v Speaker 1>sure you got your plan though, right. So that's how

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<v Speaker 1>I'm treating it. I haven't looked at my portfolio in

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<v Speaker 1>like a week, right, because I know it's down. There's

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<v Speaker 1>no point. So I got to keep my mental health

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<v Speaker 1>when it comes to investing. So hope you guys understand

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<v Speaker 1>these are just little tricks, right, Just don't look at

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<v Speaker 1>your portfolio when it's down like this. So guys, bullish

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<v Speaker 1>times are head and I do believe the blow off

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<v Speaker 1>top is going to come this year, so let's make

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<v Speaker 1>sure we are prepared folks. A great way you can

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<v Speaker 1>support me in the podcast if you appreciate my content

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<v Speaker 1>is please subscribe to my free email newsletter. It's one

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<v Speaker 1>hundred percent free. It's on substack linkal being a description,

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<v Speaker 1>check out my book on Amazon, it's available in paperback

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<v Speaker 1>and digital, and my course at Mycrypto course dot com.

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<v Speaker 1>This is a comprehensive course that teaches you every aspect

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<v Speaker 1>of crypto, folks. No other course offers what this offers.

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<v Speaker 1>It includes expert commentary and you will hear from founders, CEOs,

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<v Speaker 1>institutional investors, and much more explaining the different topics around crypto.

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<v Speaker 1>It will help full text writeups, downloadable materials. So you

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<v Speaker 1>pay a one time fee, you get lifetime access. You

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<v Speaker 1>can share that with your friends and family. Is if

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<v Speaker 1>you want to go at your own pace. So again,

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<v Speaker 1>no other course offers what this offers, guys. And for example,

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<v Speaker 1>you can hear Carlos Domingo, the co founder and CEO

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<v Speaker 1>of Securitize, explain tokenization to you and how it works. Right,

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<v Speaker 1>So it It's packed with a ton of value, folks,

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<v Speaker 1>so check it out. Go to mycrypto course dot com. Folks,

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<v Speaker 1>thank you so much for watching and listening. I appreciate

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<v Speaker 1>you all, and I'll talk to you all later. Hmmmmmm
