MAJOR WEALTH FIRM LAUNCHES XRP TRADING! COINBASE STOCK, PREDICTION MARKET, & TOKENIZATION & FED CRYPTO CLARITY!

Episode Transcript
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Speaker 1 (00:00):
The Federal Reserve gives more clarity to banks to participate
in crypto, and a major wealth advisory firm is launching
XRP trading, and Coinbase launches a bunch of products today
with a tokenized platform stop trading and prediction markets. I'll
give it to details. Let's get into it. Hey, folks,

(00:23):
welcome into the Thinking Crypto podcast. I'm your host, Tony Edward.
On your way in, please at that subscribe button as
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There's lots of big news that I'm going to cover here,
so please watch and listen to the end. Let's start
with the first item. So, the Federal Reserve has just

(00:44):
rolled back its twenty twenty three policy opening the door
for uninsured and insured banks under its supervision to participate
in crypto activities. So we continue to see clarities coming
out from different government agencies. We had recently the OCC
give bankanks the ability to participate in crypto and much more.
The sec to CFTC have been doing a lot and

(01:05):
to fed here and Just yesterday we reported about the
FDIC looking to allow or opening up a policy comment
period for banks to launch their own stable coins. So
it feels like all the doors are being opened here
for the major banks and institutions to participate in crypto.
All the roadblocks are being cleared, and all the legacy
stuff that was under against her and Elizabeth Warren is

(01:26):
being rolled back. So this is very bullish. It will
allow more capital to come into the market, more adoption,
and that will allow the price of these assets to
go up. We just got to be patient and go
through the market cycles. But I hope you see the
set up here right if you leave your emotions at
the door based on the price action that's happening right now,
you see the building of this massive infrastructure of tratified

(01:48):
to come into crypto. It's incredible. Now, the SEC released
a statement on broker dealer custody of crypto asset securities.
The guidance provides clarity while the Commission reviews the broader
custody framework. So again clarity coming from all angles here.
It's incredible, and it feels like there's a big urgent

(02:11):
move and a big push to get this done and
we haven't even had crypto market structure passed yet. That
is expected to pass in early twenty twenty six. And
I'll share some more details on a meeting that happened
today a bit later. Now moving ahead, Digital Wealth Partners
launches algorithmic XRP Trading for retirement accounts would ensued custody

(02:31):
at Anchorage Digital, offering high net worth holders of XORP
access to an algorithmic trading app. Wow, So we're seeing
huge on rams being built here in new financial products
for these different crypto assets. So here's the headline. Digital
Wealth Partners introduces algorithmic XORP Trading for qualified retirement accounts.

(02:52):
So let me give it to details. Digital Wealth Partners,
a registered investment advisory that specializes in digital assets, is
all offering high net worth holders of XRP access to
an algorithmic trading app to generate growth and cash flow
to their crypto holdings. A subsidiary of crypto family office
firm Ascension Group, Digital Wealth Partners enlisted the help of

(03:15):
our public, a specialist in crypto based algorithmic trading, to
build the strategy, which operates within tax advantage retirement accounts
like iras. So again on ramps being built in different
places that exist for tradifi like retirement accounts. So this
arrangement may allow certain trading activity to occur without triggering

(03:38):
immediate tax consequences, depending on the account type and individual circumstances.
According to Oppress release, the XRP Algo trading approach brings systematic,
rules based trading to individual qualified investors through an account
structure that includes regulated custody and insurance protections DWP set.

(03:59):
So again, what exists in the tradi fi world for
stocks and other assets is being built for crypto. I've
said many years, the white glove service, the insurance, the assurance,
the custody, all these things are being built. And why
is it being built Because this technology is the future.
We've been talking about it for years. The governments, the economies,
the markets will all run on blockchain rails, and of

(04:21):
course these tokens are a way you can participate and
get exposure to that technology. And it's game changing, right.
It's a global market, truly global market. So very bullish
news here for XRP. Now, folks, a place where you
can invest in XRP and other crypto assets and get
tax exemptions is I Trust Capital. So I Trust Capital

(04:43):
allows you to invest in crypto as well as precious
metals like gold and silver via an IRA, so you
can roll over your existing four oh one k and
IRA to I Trust self directed at IRA, and it
gives you a huge tax advantager. So if you have
a long term view, you do your trading in here
and get that get those tax benefits right, and you
can buy and sell crypto, gold and silver twenty four

(05:05):
to seven. It's low cost, there's no monthly fee, and folks,
I have an account with them and it's pretty great,
so check them out, folks. And they also have what's
called a premium custody account, which I believe is the
second safest way to custody your assets outside of self
custody via a hardware wallet. So they use institutional grade custody,
so coin based prime, fidelity, digital assets, fire blocks, and

(05:26):
much more. We all know black Rock uses coin based prime,
and these big institutions are using these platforms so you
don't have to worry. You know, they're using trusted bank
tiered institutional grade custody, folks. So it's a closed loop
system and once again you can buy and sell twenty
four to seven low fees, all that jazz, and because
it's a closed loop system by the way, people can't

(05:48):
even if they get into your account, they can't withdraw anything.
So it's really great. And I Trust Capital is just
offering a unique way to invest in precious metals as
well as crypto. So if you'd like to learn more, folks,
check them out. Go to the link in the description.
If you use my link you can get one hundred
dollars funding bonus, So check out I Trust Capital. Now, folks,
we have some confirmation here around acting Chair Caroline fam

(06:11):
at the CFDC that once Mike Sele gets confirmed as
the new chair, Caroline fi will be leaving the CFTC
and she will be going to work at Moonpay. Many
of you may have seen my recent interview with Keith
Grossman of Moonpay. So Moonpay's doing some great things. So
this is big, and you know she's been doing an
amazing job just knocking out of the park being the

(06:33):
loan commissioner there for the most part, but doing a
lot man, so shout out to her. Now. Coinbase today
launched a bunch of products, so coinbase rolls out stock
trading prediction markets and more in a bit to become
the everything exchange. So you know, Brian Armstrong's CEO of Coinbase,
has been teasing December seventeen that you can have some

(06:54):
big things coming up, so they're expanding their offerings. Let
me give you some details here. Coinbase is expanding offerings
on its platform, introducing hundreds of top stocks based on
market cap, trading volume, etc. With plans to add thousands
of additional stocks and ETFs over the coming months. This
is going to compete with the likes of robinhood Right,
which is the powerhouse for retail users when it comes

(07:18):
to stocks, and they of course have added crypto, so
coin based users will be able to trade on outcomes
of real world events like elections, sports, collectibles, and economic
indicators starting with Calshi and more to be integrated over time.
A new AI driven wealth management advisory service has been
introduced as well as Coinbase Business to help startups and

(07:40):
small businesses incorporate crypto. Wow big moves here. They also
announced coinbased Tokenize, an end to end platform for institutions
to bring assets on chain. It says here fully backed,
transparent and secure, regulatory compliant man shout out to Coinbase.
They're doing a great job building and they are the

(08:02):
top exchange in the United States, as you all know.
And while Binance is the largest you know around the globe,
Coinbase is the largest, most compliant you know, that aligns
with the regulations and so forth. Not saying that Binance
does not align with regulations, but you understand what I'm
saying this is Coinbase was built from the ground up
in alignment with US laws and so forth, and I

(08:23):
think they're going to benefit significantly once you know, crypto
market structure is passed. Now, speaking of stocks, Brazilian stock
exchange B three to launch its own tokenization platform and
stable coin. So, folks, we're seeing banks, stock exchanges, the
largest investment firms, wealth firms in the world. They are
building crypto products. They're building with tokenization on blockchain. Of course,

(08:48):
they're launching stable coins, are integrating stable coins, they're launching custody. Man,
do you see what's happening here? It is not just
a US market. This is a global market and everybody
is in a race here. So B three plans to
launch a tokenization platform and a stable coin in twenty
twenty six, enabling asset tokenization and trading, which shared liquidity.

(09:09):
The stable coin will facilitate tokenized asset transactions and is
expected to be linked to the Brazilian reale. B three
is expanding its crypto derivatives offerings, including new options and
contracts tied to crypto prices. Incredible, what is being built, folks,
now the market structure. So today crypto industry insiders met

(09:32):
with key senators on market structure build negotiation. So we
know the markup got delayed, right, it's being pushed back,
and it sounds here from what we're seeing, the legislation
will return to negotiations in January. And it looks like
the crypto industry folks are you know, knocking the door
in send it like, hey, let's get this done, man.
We got to get this done. And hopefully they can

(09:55):
get this past you know, at the beginning of twenty
twenty six, at least the first half, hopefully the end
a Q two later than that. You know, we're really
pushing things too far. But the gathering included coinbase, crack
and Ripple, a sixteen Z chain link, and others, so
they got to get this passed. You know. Recently I
mentioned that if they don't get this passed, then we

(10:16):
got bamboozled. Right. They need to get this through and
pass into law. And here's a big reason why. In
addition to we need the clarity in the market. The
big banks, there's reports coming out that they're going to
try to outspend crypto in the mid term elections. So
they took a big hit, right, because we've been seeing

(10:36):
the complaints on the banks even though they were adopting crypto.
They don't like that you're getting stable coin yield on exchanges.
They want to continue to control that interest in yield market.
And of course we know they take the lion share
of it and they give you the breadcrumbs, right, so
they don't want to lose those profits. But they you know,
who cares about you. You shouldn't get anything. Get zero

(10:56):
point zero one percent? Right? How dare you get three
to four or four to five percent on exchanges with
stable coins and staking? How dare you? All? Right? So
they're looking to spend tens of millions backing pro bank candidates.
So expect Elizabeth Warren to get another big fat check.

(11:17):
And look, some of her cronies lost in the last election.
But look if you're looking at the broader political world.
You know, Democrats have been starting to ramp up and
win some elections, So it's going to be a fight.
I do expect crypto is going to raise money, but
those banks they got money man. And look again, they're
adopting crypto, but there's certain things they don't want to happen,

(11:40):
and they want to keep controlled. They want to take
over crypto and control it and kill the ethos of crypto. Right,
we see the citadel and all these guys are sending
letters to the SECA about defied. They don't like defied.
They don't like privacy, they don't like that you're getting yield.
Those those are the big three things, right, yield outside
of what they're offering. So we got to get this
market structure built past asap because these banks are coming

(12:05):
to tweak things and again take full control. They don't
like the crypto native firms are running things. So it's
gonna be a big battle come the midterms. Okay, final
los item and it's on the token. I just recently
bought Canton Network. You guys know, I've been telling you
watch this blockchain, right, I've been on record and I've
been transparent to my portfolio. So I recently added the

(12:29):
Canton Network token. I bought it. I think just below
six seventh cents, I should say. And here Wall Street
Giant DTCC picks privacy focused blockchain Canton Network for tokenization.
We just saw earlier this week the SEC gave the
DTCC clarity on tokenization right with a new action letter.
So they're moving pretty fast, guys. And Canton Network, I've

(12:50):
been telling you all is backed by Citadel, Goldman Sachs,
some big Wall Street players, and the Canton Network, like
I've been telling you guys, focus on institutions, but has
native privacy built in so it doesn't need to use
a third party. And we know these exchanges they need
that in there, right, they need the privacy. So huge

(13:10):
adoption news if you know who the DTCC is. Huge
adoption news here for the Canton Network. And you know,
not financial advice. I'm not telling you to go buy
the token, but I you know, like I said, I've
added to my portfolio, so make sure you do your research.
This is when I'm taking a bet on again. Don't
go buy the token because I am. I want you
to be educated about it and have your own conviction

(13:33):
and if you see what I'm seeing, then make your decision. Right. So, folks,
that's the news. Let me know what you think. Leave
your thoughts and comments below hit the thumbs up button. Folks.
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Grab a copy. And if you want to expand your

(13:56):
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MAJOR WEALTH FIRM LAUNCHES XRP TRADING! COINBASE STOCK, PREDICTION MARKET, & TOKENIZATION & FED CRYPTO CLARITY!

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