『SEC Crypto Custody, Kraken's Hyperliquid Bet & AI Banking Rounds』のカバーアート

SEC Crypto Custody, Kraken's Hyperliquid Bet & AI Banking Rounds

SEC Crypto Custody, Kraken's Hyperliquid Bet & AI Banking Rounds

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10月19日まで。※適用条件あり
(00:00:00) SEC Crypto Custody, Kraken's Hyperliquid Bet & AI Banking Rounds
(00:00:58) Payward Brings Hyperliquid to U.S.
(00:02:08) Venture Capital Backs Regulated AI
(00:02:39) On-Premises AI for Banks
(00:03:24) Goldman Backs Cyera at $12B
(00:03:39) Gold Yield and the Rate Environment
(00:04:03) Key Watchpoints This Cycle

The SEC is proposing to allow registered broker-dealers and investment advisers to custody crypto assets directly — a significant reversal from the previous administration's stance and a signal that blockchain infrastructure is being pulled into existing regulatory frameworks rather than granted a separate lane. This episode opens with that proposal, currently under White House review, and explains why the competitive ground shifts decisively toward institutions that already hold licences and infrastructure.

From there: Kraken's parent company Payward has put forward HIP-3, a structure designed to bring Hyperliquid's permissioned perpetual futures to U.S. customers through Bitnomial and NinjaTrader Clearing — the first serious attempt to port a decentralised derivatives exchange into the U.S. regulatory framework. Hyperliquid hit nine billion dollars in open interest in Q2, up 54% year-on-year.

On the AI funding front, Snorkel AI raised $350 million at a $3.5 billion valuation — triple its figure from four months prior — on the thesis that training-data infrastructure is the real bottleneck for frontier models. Chicago-based Go.AI secured $85 million to deploy AI hardware on-premises inside regulated banks. Baselayer raised $35 million targeting AI-driven fraud detection. Goldman Sachs Growth Equity pushed Cyera to a $12 billion valuation on federal market expansion.

The through-line: at current rate levels, capital is backing institutional control, regulatory fit, and defensible infrastructure — not experimentation. This episode maps the watchpoints that will confirm whether this cycle's regulatory shift is structural or temporary.

This episode includes AI-generated content.
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