It's the biggest narrative in crypto right now and everybody is asking "What are RWA's"? In today's episode we explore what it takes to integrate Real-World Assets (RWAs) into the DeFi ecosystem. From the revolutionary approach of FRAX and their newly launched custodian FinresPBC to the parallels between traditional investments like mutual funds, this episode offers a high-level overview of the present and future of asset tokenization. The evolving role of intermediaries on the blockchain presents challenges but also opportunities for an improved experience. With RWA's, we're moving further along the journey from TradFi to DeFi. This podcast features research by Nic Carter, Bitcoin researcher. Here's the link to his presentation from Singapore Token 2049: https://niccarter.info/wp-content/uploads/token2049_niccarter_090923.pdf

On this episode: - Isn’t everything a RWA? - What’s the main motivation of tokenization? - What’s the most durable RWA use case? - Why stablecoins are better for payments than Bitcoin - What does tokenization mean for the US dollar and developing countries? - What’s the next evolution of RWA’s after stablecoins? - What about yield bearing stablecoins? - The challenge of US jurisdiction over foreign stablecoin issuers - Legislators are ignoring these unique threats to the US dollar - FTX and others have made this more challenging for legitimate businesses - Frax’s Public Benefit Corporation - The truth about “decentralized” T-Bills - How does FinresPBC intend to earn yield? - How many intermediaries are involved here? - What’s the end result? - What does the founder of Frax think of rebasing mechanisms? - Why you should watch Frax closely, despite the challenges they’ll face - A framework for RWA taxonomy - Real estate intermediaries and the blockchain - Do intermediaries all just disappear once we start using the blockchain? (Spoiler - they don’t) - How Frax depegged due to centralization risk, and what they’re doing about it - Imperfect collateral and liquidity leads to depegging events - Hint about a top secret project coming soon! --- TradFi to DeFi ⭐️Twitter: https://twitter.com/TradFitoDeFi ⚡Follow Tyler: https://twitter.com/TylerSherwin 🚜Follow John: https://twitter.com/Solesurvivor78 Join the conversation! 📚https://tradfitodefi.medium.com/ 💼https://www.linkedin.com/company/tradfi-to-defi/ 👾 Discord: https://discord.gg/uqjzvJEeYc What is TradFi to DeFi? TradFi to DeFi is a community of like-minded crypto enthusiasts. We are a networking hub, project incubator, talent connector, mentorship provider, and opportunity maximizer for the DeFi user, whether new or experienced. What is our mission? As the world transitions from the status quo of Traditional Finance (TradFi) to the emerging world of Decentralized Finance (DeFi), there is a tremendous need for talent that can navigate this brave new world. We structured this podcast to equip you with the skills needed to understand DeFi tools while also providing opportunities for learning, networking, and professional development. Who is this for? We are a web3 onboarding community for anyone looking to transition from Traditional Finance (TradFi) to the emerging world of Decentralized Finance (DeFi). We bring crypto to the next level of adoption through community-driven events like podcasts, regular social events, and community-focused partnership opportunities with exciting new crypto projects. Our new protocol testing and analysis service allows members to engage with DeFi protocols before they hit the main net, presenting an opportunity to gain relevant industry experience. And cutting edge crypto projects can gain valuable insights from community feedback by signing up for protocol reviews by TradFi to DeFi. How can I get involved? Follow us on socials or comment below to let us know how we can help you on your journey from TradFi to DeFi! None of this is investment advice.

Dive deep into the banking system with Anthony DeMartino of Trident Digital Group. We explore the intricate world of capital markets, from the current state of interest rates to the challenges faced by DeFi protocols competing with TradFi yields. Anthony introduces Trident's innovative yield product that bridges the gap between traditional finance and the Web3 community. He also shares insights about risk management, the true risk-free rate, and the future of the market (will rates stay higher for longer?). If you're keen on understanding this unique blend of crypto and traditional finance, this episode will be a helpful resource. Don't forget to like, subscribe, and share your thoughts in the comments! Anthony's LinkedIn: https://www.linkedin.com/in/anthony-demartino-8086a81/ Anthony's Blog Post: https://tradfitodefi.medium.com/how-risk-free-is-the-risk-free-rate-4c336596f67a Trident Digital: https://www.tridig.io/

Topics covered:

• The current state of the financial system.
• Crypto enthusiasts are leaning on traditional finance (TradFi) for yield - ironic!
• Crypto investors are investing in traditionally "boring" assets like bonds and T-bills.
• Comparison between yields in crypto and traditional finance.
• We speculate on how long the current interest rates will last.
• Anthony's prediction on the Federal Reserve's actions regarding interest rates.
• Where does the U.S. inflation rate sit within its historical context?
• Discussion on the challenges faced by DeFi protocols and their shift towards traditional assets like treasuries.

• Risk Management: differentiating between investing and gambling and the importance of managing treasuries safely and efficiently.

  Discussion on repo trading and its significance.

  Introduction of Trident Digital Group's product that offers the repo product directly to clients

  Explanation of the risk-free rate and its implications.

• Bringing the repo product to the Web3 community and Anthony's optimism about the future of the market.

• Anthony's advice on investment: keeping it simple and being clear about investment goals.

--- TradFi to DeFi ⭐️Twitter: https://twitter.com/TradFitoDeFi ⚡Follow Tyler: https://twitter.com/TylerSherwin 🚜Follow John: https://twitter.com/Solesurvivor78 Join the conversation! 📚https://tradfitodefi.medium.com/ 💼https://www.linkedin.com/company/tradfi-to-defi/ 👾 Discord: https://discord.gg/uqjzvJEeYc What is TradFi to DeFi? TradFi to DeFi is a community of like-minded crypto enthusiasts. We are a networking hub, project incubator, talent connector, mentorship provider, and opportunity maximizer for the DeFi user, whether new or experienced. What is our mission? As the world transitions from the status quo of Traditional Finance (TradFi) to the emerging world of Decentralized Finance (DeFi), there is a tremendous need for talent that can navigate this brave new world. We structured this podcast to equip you with the skills needed to understand DeFi tools while also providing opportunities for learning, networking, and professional development. Who is this for? We are a web3 onboarding community for anyone looking to transition from Traditional Finance (TradFi) to the emerging world of Decentralized Finance (DeFi). We bring crypto to the next level of adoption through community-driven events like podcasts, regular social events, and community-focused partnership opportunities with exciting new crypto projects. Our new protocol testing and analysis service allows members to engage with DeFi protocols before they hit the main net, presenting an opportunity to gain relevant industry experience. And cutting edge crypto projects can gain valuable insights from community feedback by signing up for protocol reviews by TradFi to DeFi. How can I get involved? Follow us on socials or comment below to let us know how we can help you on your journey from TradFi to DeFi! None of this is investment advice. #tradfitodefi #cryptopodcast #crypto

Daniel is a serial entrepreneur most recently known for his pioneering efforts with a company called Unbanked. Sadly, Unbanked has had to wind down operations due to the regulatory challenges that the US faces. Daniel joins Tyler and John to discuss the lessons learned along the way, and what we can do to change the narrative on crypto from a speculative asset class to a cohesive financial system solving real-world problems. Topics covered: - How can US citizens get safe and secure access to the digital asset ecosystem in this regulatory environment? - What are the real-world use cases that crypto enables beyond just "number go up"? - What's the optimistic future for digital assets? - What did Daniel learn from his early days in crypto (2017)? - Why should people care about crypto in the first place? - What to do about the ponzi schemes and scam artists in the crypto industry (spoiler: they need to be absolutely crushed) - The origin of banking and lending - Tether, Bitcoin, Ethereum, and much much more! This episode is jam packed with amazing insights from an incredibly talented individual and we're lucky to have him on the podcast. Please remember, none of this is investment advice. Timestamps: 1:04 How'd you get into crypto? 5:51 What happened to Unbanked? 7:55 How is the environment today different from 2017? 10:33 What are regulators focusing on? 13:05 Has the crypto industry lost its way? 15:30 What's holding back adoption? 18:37 Why you should take personal responsibility 21:50 What is the government's own view of its role in money production? 23:10 What is socialism? 26:00 Daniel's father-in-law moved to America from Iran 27:50 Competition to the government 35:09 The first central bank40:30 What are you optimistic about? 45:23 Bitcoin47:15 Crypto personalities: beware!48:25 Who does Daniel think Satoshi is? 50:38 What is your advice for someone wanting to join the industry?52:53 Learn about Bitconnect and take precautions!54:47 Find your "why" in crypto1:00:00 The power of tools like crypto and ai1:01:24 Where to find Daniel these days --- TradFi to DeFi ⭐️Twitter: https://twitter.com/TradFitoDeFi ⚡Follow Tyler: https://twitter.com/TylerSherwin 🚜Follow John: https://twitter.com/Solesurvivor78 Join the conversation! 📚https://tradfitodefi.medium.com/ 💼https://www.linkedin.com/company/tradfi-to-defi/ 👾 Discord: https://discord.gg/uqjzvJEeYc What is TradFi to DeFi? TradFi to DeFi is a community of like-minded crypto enthusiasts. We are a networking hub, project incubator, talent connector, mentorship provider, and opportunity maximizer for the DeFi user, whether new or experienced. What is our mission? As the world transitions from the status quo of Traditional Finance (TradFi) to the emerging world of Decentralized Finance (DeFi), there is a tremendous need for talent that can navigate this brave new world. We structured this podcast to equip you with the skills needed to understand DeFi tools while also providing opportunities for learning, networking, and professional development. Who is this for? We are a web3 onboarding community for anyone looking to transition from Traditional Finance (TradFi) to the emerging world of Decentralized Finance (DeFi). We bring crypto to the next level of adoption through community-driven events like podcasts, regular social events, and community-focused partnership opportunities with exciting new crypto projects. Our new protocol testing and analysis service allows members to engage with DeFi protocols before they hit the main net, presenting an opportunity to gain relevant industry experience. And cutting edge crypto projects can gain valuable insights from community feedback by signing up for protocol reviews by TradFi to DeFi. How can I get involved? Follow us on socials or comment below to let us know how we can help you on your journey from TradFi to DeFi! None of this is investment advice.