CoinDesk Podcast Network

Polymarket fires CMO.

Polymarket fired chief marketing officer Matthew Modabber, a close friend of CEO Shayne Coplan, after an internal probe into several episodes, including a reported fake-trades scheme. The board reportedly concluded he was slowing the company's push toward a possible IPO. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.
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Digital asset vaults are growing rapidly, but understanding the risks behind them requires more than on-chain data. S&P Global Ratings' Vault Risk Assessment (VRA) delivers independent, forward-looking insight into vault credit quality, governance, and risk management, helping bring institutional-grade risk transparency to digital asset markets. Learn more at https://www.spglobal.com/ratings/en/products/vault-risk-assessments.
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This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

CoinDesk’s The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the OCC finalizing its stablecoin rules and dig into the OKXICE filing that showed a growing pile of blue-chip objections to tokenized equities.

They’re then joined by Zero Knowledge founder and CEO Austin Campbell, who breaks down JPMorgan’s JPMD deposit token landing on Ethereum, and argue that crypto becoming “plumbing” is a sign it won. Austin also delivers his most controversial take: it is mathematically impossible for stablecoins to cause bank deposit flight.

Plus, Rebecca and Renato name a16z Crypto, newly renamed a16z Frontier by Chris Dixon, as their Person of the Week.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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Digital asset vaults are growing rapidly, but understanding the risks behind them requires more than on-chain data. S&P Global Ratings' Vault Risk Assessment (VRA) delivers independent, forward-looking insight into vault credit quality, governance, and risk management, helping bring institutional-grade risk transparency to digital asset markets. Learn more at https://www.spglobal.com/ratings/en/products/vault-risk-assessments.

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Check out CoinDesk Research's report, commissioned by RealFi, on real-world yield in productive stablecoins, at https://www.coindesk.com/research/beyond-the-risk-free-rate-diversified-real-world-yield-in-productive-stablecoins

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Chapters/Timecodes:

00:00 Welcome to The Policy Protocol

01:44 A Nonstop Stretch for Crypto Policy

02:23 OCC Finalizes Its Stablecoin Rules

05:29 The TSV Land Rush and Tokenized-Equity Objections

08:54 JPMorgan's JPMD Deposit Token on Ethereum

12:07 Did Anyone Win the Stablecoin Yield Fight?

13:28 Tokenized Deposits and SoFi's FDIC Play

15:45 Is Crypto Just Plumbing Now?

17:05 Hot Take: Stablecoins Can't Cause Deposit Flight

19:52 Person of the Week: a16z Crypto

China to seize 618,00 BTC in fraud case.

Chinese prosecutors are moving to confiscate more than 61,800 bitcoin linked to an alleged $5.7 billion wealth-management fraud run by Qian Zhimin. The coins, seized in the UK after he fled China, could be worth far more today than when they were taken. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.
-
Digital asset vaults are growing rapidly, but understanding the risks behind them requires more than on-chain data. S&P Global Ratings' Vault Risk Assessment (VRA) delivers independent, forward-looking insight into vault credit quality, governance, and risk management, helping bring institutional-grade risk transparency to digital asset markets. Learn more at https://www.spglobal.com/ratings/en/products/vault-risk-assessments.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Alex Gluchowski, CEO and co-founder of Matter Labs, joins CoinDesk’s Jennifer Sanasie on Markets Outlook to unpack Prividium Commander, the company’s new product built to take digital assets from pilots to revenue. Gluchowski explains why operational friction, not technology, keeps institutions from moving digital asset experiments into production, and how Commander gives banks one control plane to run digital asset services under their own rules.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

-

Digital asset vaults are growing rapidly, but understanding the risks behind them requires more than on-chain data. S&P Global Ratings' Vault Risk Assessment (VRA) delivers independent, forward-looking insight into vault credit quality, governance, and risk management, helping bring institutional-grade risk transparency to digital asset markets. Learn more at https://www.spglobal.com/ratings/en/products/vault-risk-assessments.

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Learn more about CoinDesk Data & Indices at coindesk.com/institutions.

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Timecodes:

00:00 - Matter Labs’ Alex Gluchowski Joins Markets Outlook

01:40 - What Is Prividium Commander?

02:03 - Why Bank Blockchain Pilots Stall Before Production

04:30 - What Happens When Banks Build Their Own Plumbing

05:34 - How Cari Network Is Bringing 30 Banks to Tokenized Deposits

06:48 - The Path From Commander to ZK

09:06 - What Institutions Want From ZK Privacy

10:52 - Can Blockchains Handle Bank-Level Volume?

12:04 - Matter Labs’ Vision for a Global Digital Asset Economy

What a potential SpaceX-Tesla merger means for their BTC bags.

Elon Musk said SpaceX and Tesla are exploring a merger that would combine the two companies and their more than 30,000 bitcoin. Both have formed special committees to weigh the deal, though Musk says he can't take part because of his stakes in each. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.
-
Digital asset vaults are growing rapidly, but understanding the risks behind them requires more than on-chain data. S&P Global Ratings' Vault Risk Assessment (VRA) delivers independent, forward-looking insight into vault credit quality, governance, and risk management, helping bring institutional-grade risk transparency to digital asset markets. Learn more at https://www.spglobal.com/ratings/en/products/vault-risk-assessments.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.