Michael Marcantonio

In this captivating discussion, Michael Marcantonio, Head of DeFi at Galaxy and a Solana expert, dives into how Solana could revolutionize global capital markets. He elaborates on the role of tokenized securities and the potential of Decentralized Asset Trusts (DATs). Michael shares insights on building high-frequency trading stacks and compares Solana's advantages over centralized entities. He also highlights real-world problems tokenization can solve and predicts competitive market dynamics that could transform investment landscapes.

Michael Marcantonio, Head of DeFi at Galaxy Digital, former corporate law and M&A pro turned market maker. Matt Hougan, CIO at Bitwise, ETF and institutional crypto specialist focused on allocation and valuation. They debate L1 valuation gaps, whether chains are cash-flow or scarcity assets, how network effects and revenue interact, and why a shared framework for pricing blockchains matters.