CoinDesk Podcast Network

Chronicle Founder Nik Kunkel joins CoinDesk's Kate Irwin on Markets Outlook to unpack their new report that found over $12 billion in tokenized assets falling short on transparency. Kunkel breaks down the five pillars every tokenized asset needs to meet, why roughly 70% of the assets reviewed don't clear the bar, and what real-time, verifiable proof-of-asset data means for institutions like BlackRock, BNY Mellon and Galaxy racing to bring trillions onchain.

-

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 markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1.

-

Timecodes:

00:00 - Niklas Kunkel Joins Markets Outlook

02:21 - Chronicle's New Report: Tokenization's Hidden Problem

03:50 - $12.3B Exposed: 70% of Tokenized Assets Fail the Test

06:12 - The Five Pillars Every Tokenized Asset Needs

08:18 - How to Achieve Proof of Asset

10:47 - Why Risk Isn't Priced In

12:57 - BlackRock, BNY Mellon and the Road to Real-Time Regulation

Major AI firms sign voluntary White House safety pact.

OpenAI, Google, Meta and three other AI giants signed a voluntary White House pact to bring in outside auditors for their safety controls, which Trump called "morally binding." The move follows a string of crypto security breaches this year where frontier AI is suspected of helping attackers find and exploit code. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

-

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 markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1

-

This episode was hosted by Uyen Truong . “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Robinhood's AI agents that trade for you.

Robinhood unveiled AI agents that can research markets, build strategies, and place trades on a customer's behalf at any hour, alongside crypto perpetual futures with up to 10x leverage. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

-

This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

-

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.

-

This episode was hosted by Uyen Truong . “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Anthropic's IPO plan.

Anthropic's IPO prospectus reveals plans to spend $518 billion on computing and infrastructure, with a listing that could value the AI company above $2 trillion. But crypto traders betting on its valuation through pre-IPO perpetual futures barely reacted. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

-

This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

-

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.

-

This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Lynq CEO Jerald David to break the news that Goldman Sachs' FTIXX treasury fund, which manages roughly $100 billion in assets, is now available on the Lynq network. And, Twenty One Capital CEO Raphael Zagury discusses his plan to build a Bitcoin operating company around one of the largest Bitcoin treasuries in public markets. Plus, Bastion co-founder and CEO Nassim Eddequiouaq explains what the company's new conditional national trust bank charter from the OCC means for its full stablecoin stack of custody, issuance, and payments, and unpacks Bastion's partnership with Sony Bank.

-

Learn more at bullish.com.

-

To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp.

-

Chapters/Timecodes:

00:00 Welcome to Public Keys

00:26 Goldman Sachs' $100B Treasury Fund Comes to Lynq

00:49 Lynq CEO Jerald David Joins

01:23 Why FTIXX Isn't a Tokenized Fund

02:29 Inside the Goldman Sachs Deal

03:34 The Firms Behind Lynq: B2C2, Wintermute, Galaxy, FalconX

05:02 Building for TradFi After Regulatory Clarity

06:10 Why Lynq Chose Avalanche

07:01 The Case for Programmable Privacy

09:01 XXI's New CEO Raphael Zagury Joins

09:38 The Five Pillars and 43,500 Bitcoin

10:53 M&A and the Berkshire Hathaway Model

13:07 Lending Against Bitcoin

14:05 How Zagury Found Bitcoin in 2015

16:33 Where Institutions Stand on Bitcoin Adoption

19:12 Bastion Wins Conditional OCC Trust Bank Charter

19:38 Bastion CEO Nassim Eddequiouaq Joins

20:35 Fintech vs. Federally Regulated Bank

23:53 Inside the Sony Bank Partnership

25:11 Staying Competitive After the Genius Act

26:41 Do We Need All These Stablecoins?