Empire

Dmitry Tokarev, entrepreneur who built Copper and now leads Bron, appears with a crisp mini bio. He recounts Copper’s origin and scaling pains. He explains Bron’s approach to fixing self-custody with MPC, recovery and fraud defenses. He outlines token mechanics, growth metrics and why solving consumer custody matters for crypto’s future.

A live recap of DAS with conference takeaways and the surprising institutional frenzy. A deep dive into why token prices lag despite big institutional activity. Conversations on angel and venture trends, shifting return expectations, and funds blending AI with crypto. A focused look at Western Union’s stablecoin strategy and the risks around stablecoins and tokenization.

Rawson, an AI investor at Delphi Ventures focused on AI and China, shares fresh takeaways from Delphi’s China trip. He discusses market reactions amid the Iran conflict. He explores Michael Saylor’s end game and the mechanics around MicroStrategy. He highlights where Chinese AI is booming, hardware strengths, valuation froth, and on-the-ground execution differences.

A new investor relations platform uses live onchain data to make transparency and standardization native to crypto. Discussion covers token underperformance, supply inflation, and a widening trust gap despite rising onchain revenues. The stack includes standardized analytics, branded investor portals, and managed IR services to improve engagement and market clarity.

A market roundup covering the Iran conflict’s impact on oil, inflation and risk assets. A deep dive into S&P’s tokenized S&P 500 perps on Hyperliquid and frameworks for valuing Hyperliquid’s revenue and MEV exposure. A breakdown of Tempo’s payments-first mainnet launch, MPP agentic payments and go-to-market threats and opportunities. Discussion of Kraken’s reported IPO delay and broader IPO timing.

A lively debate about converting crypto tokens into equity and what that means for project teams. Detailed breakdown of Across Protocol’s token-to-equity proposal and its market reaction. Discussion of whether tokens help go-to-market or become operational headaches. Coverage of Ripple’s $50B valuation, Kraken’s Fedwire approval, and Mastercard’s crypto partner program.

MC Lader, founder and CEO of Native Markets and creator of USDH, and Jake Chervinsky, former DeFi lawyer turned policy leader, discuss Hyperliquid’s 24/7 markets thesis. They cover why a native stablecoin matters, building USDH, regulatory work to enable on-chain derivatives, TradFi adoption barriers, risk design, and the path to broader liquidity and tokenized real-world assets.

They recap the current market with Bitcoin near $70k and geopolitics shaping flows. They explore 24/7 markets, tokenized assets, and which classes might tokenize first. A deep look at alleged insider trading on prediction markets and the enforcement, KYC, and moral questions around it. They also discuss recent big VC fundraises and what fund size means for deployment.

A market snapshot on Bitcoin and risk-on breadth across alts and equities. A deep dive into how AI and crypto are converging, including token mechanics like Venice. Discussion of positioning for an AI trade and where crypto-AI product market fit might emerge. Notes on public market AI bets, miners and macro allocations, and societal disruption risks from rapid AI adoption.

Michael Mark Antonio, Head of DeFi at Galaxy Digital, builds DeFi for institutions. Matt Hogan, CIO at Bitwise, runs large crypto ETF efforts. David Lawant, Head of Research at Anchorage Digital, focuses on institutional crypto infrastructure. They discuss TradFi and crypto converging, the ETF watershed moment, institutional moves into DeFi, market structure shifts like 24/7 trading and derivatives, and evolving credit, yield, and onchain finance.