MORGAN STANLEY & ETRADE ARE ALL IN ON CRYPTO! RLUSD XRP LEDGER TOKENIZATION!

Episode Transcript
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Speaker 1 (00:04):
Hey, everybody, Welcome into the Thinking Crypto podcast. You're home
for cryptocurrency news and interviews.

Speaker 2 (00:11):
I'm your host, Tony Edward. On your way in.

Speaker 1 (00:13):
Please let that subscribe button as well as the thumbs
up button and leave a comment below. If you're listening
on a podcast platform such as Spotify or Apple, please
leave a five star rating and review. Folks, we have
some of the most bullish crypto news ever. Make sure
you watch and listen to the end. Today was packed
with huge announcements. First up, Morgan Stanley's e Trade is

(00:35):
going to offer crypto trading. Of course, they are my
OG subscribers and listeners. Remember back in twenty eighteen, twenty nineteen,
when I told you Charlis Schwab e Trade, all of
these guys would bend the need because this acid class
is here to stay. This technology is disruptive. It's the
next layer on top of the Internet. Now we took time,
obviously right, but you clearly can see all the dominoes

(00:58):
are falling.

Speaker 2 (00:59):
Game theories play out here.

Speaker 1 (01:00):
No one wants to get left behind, and all of
Wall Street is jumping in. Here's the headline from CNBC.
Morgan Stanley close to offering crypto trading through e Trade
calls it the tip of the iceberg. This is incredible.
Morgan Stanley is months away from offering crypto trading to
retail customers through its E Trade division, as the Wall

(01:21):
Street Giant embraces what it called a transformative moment for
the wealth management industry. The firm is working with the
startup zero hash for liquidity, custody and settlement around crypto trading.
According to a memo obtained by CNBC, here's a quote.

Speaker 2 (01:38):
We are well.

Speaker 1 (01:39):
Underway in preparing to offer crypto trading through a partner
model to E trade clients in the first half of
twenty twenty six. Jed Finn, head of Wealth Management and
Morgan Stanley, said, Folks, incredibly bullish news. Another major on
ramping set up here for millions and even billions to.

Speaker 2 (01:57):
Come into the market.

Speaker 1 (01:58):
So you have black Rock, Franklin, Templeton and many of
the large banks are jumping in, and now you get
Morgan Stanley and Each Trade. Charles Schwab will be coming
very soon. We heard reports earlier this year of people
familiar with the source or something like that. Right, there's
always those reports that tease the news so get ready.
I think they're going to launch it come Q four,

(02:20):
and we could see even Vanguard capitulate, even though they've
been very anti bitcoin, anti crypto, but they are going
to lose market share.

Speaker 2 (02:30):
If they don't adapt. Here.

Speaker 1 (02:32):
Remember adapt or die, right, we saw what happened to Blockbuster.
If you don't adapt to the technology, you will eventually
lose market share and go out of business. So I
think eventually those who are still on the fence or
are naysayers will capitulate. So this is incredible news. There's
some more details. They're going to start with the trading
of bitcoin ethererem and Salona, and obviously they'll build from there.

Speaker 2 (02:55):
So this is very big news.

Speaker 1 (02:57):
I mean, look at the names coming in and I
often say, if you know someone who's a skeptic of crypto,
if you know someone who is anti crypto, share this
news with them, right, show them what is happening. The
financial institutions some of them may use, or the banks
they may use, are now offering crypto. So we are
no longer a nascent industry and asset class. So this

(03:19):
thing is growing. Incredible news here. Now look at this
with this adoption, you know a lot of firms are
recognizing that crypto legislation is around the corner. We know
the Genius Act, the Stable Cooin Bill has been passed.
The Clarity Act is currently in the Senate, and once
it passes, it goes to President Trump for signatures.

Speaker 2 (03:37):
Look at this news.

Speaker 1 (03:38):
White House official Patrick witt says the Crypto Market Structure
Bill is expected to pass in twenty twenty five. So
conversations are heating up. Democrats, as I've been reporting to
you guys, are starting to put out their own version
of the bills. So we're seeing a lot of progress
and action here, and that's what we want to see, right,
versus nothing, because it starts with all these things, you know,
the political theater, the back and forth, jumping through the

(04:00):
hoops and all the processes. Right, it's kind of boring.
It's kind of how the sausage is made. It's annoying sometimes,
but hey, look, this is progress. And if you caught
my interview recently with Congressman Tom Emmer, who's of course
the majority whip in the House of Representatives, we talked
a lot about this, the timeline, what's next.

Speaker 2 (04:19):
So make sure you catch that interview, guys.

Speaker 1 (04:20):
It was published just yesterday, and we talk a lot
about other things, but the claritiac was the big topic.
So bullish times are head, folks. We got a perfect
setup here for a monster rally in Q four. I've
been telling you guys, Look, the bears are in control
right now, but we are going to bottom out. Bitcoin
will become over sold, the sentiment may go to fear,

(04:42):
the leverage is going to get flushed out. We're going
to bottom out and then rip again. It's the same
cyclical pattern over and over and folks. A great place
you can get prepared for that massive rally is with
I Trust Capital and you can get tax benefits by
using their self directed IRA. You can roll over your
existing IRA of four to one K to an I

(05:04):
Trust Capital self directed IRA, which allows you to invest
in eighty plus cryptocurrencies. You can trade twenty four to
seven and not only crypto, guys, you can invest in
gold and silver. We know gold has been ripping. I
mean gold, as I've been saying many times, has been
a leader in this macro bull market, right and then
there's rotational liquidity from gold to the stock market then

(05:26):
to crypto. We've seen it multiple times in this bull market,
so huge tax advantages by investing in an IRA, and
of course they have a premium custody account, which I
believe is the second safest option next to self custody.
So they use coinbased custody, the prime service which black

(05:46):
Rock and these institutions use. They also use like fire
blocks in all the institutional level custody, so you don't
have to worry your assets are going to be safe.
It's sitting with the big institutions who are using these
platforms as well. So this is a very great option.
You know, if you want peace of mind, if you're
worried about, hey, I'm gonna lose my private keys, well

(06:06):
you can use the premium custody account.

Speaker 2 (06:08):
It's a great, great option.

Speaker 1 (06:10):
So I Trust Capital once again, huge tax benefits and
one of the safest ways to custody your assets. And
if you sign up with my link you can get
one hundred dollars funding bonus. So check out the link. Guys,
go learn about I Trust Capital. I have an account
with them, and see if it's right for you. All right,
let's move ahead. We got big news from the CFTC.

(06:30):
SO acting chair Caroline fam tweeted out Crypto Sprint. The
CFDC launches Tokenize Collateral and stable Coins initiative with industry players.
It's the killer app to modernize markets and make dollars
work smarter and go further, unleashing US economic growth by
lowering costs. And look who's in attendance the folks, some Circle, Coinbase,

(06:53):
Crypto dot Com, Tether so Tether CEO, Polo Arterinos there
and Ripple CEO Brad Garlinghouse. Pretty amazing lineup here, folks,
and very bullish. We got the regulatory agencies on board,
the SEC and the CFDC, and they're moving at one
hundred miles per hour here getting things done. And as
I've mentioned before, I'm going to be interviewing SEC Commissioner

(07:17):
Hester purch tomorrow in my New York studio, so I'm
going to go through a lot of these different initiatives
and what they've been doing, Project Crypto and much more.

Speaker 2 (07:25):
It's just exciting times.

Speaker 1 (07:27):
The regulators are on board, they're doing the right thing here,
and it's amazing to see the progress being made.

Speaker 2 (07:33):
So very bullish news. Now.

Speaker 1 (07:34):
Paul Griball, chief legal officer at Coinbase, weigh in on
this news, saying tokenized collateral and stable coins can unlock
you as derivatives markets and put us ahead of global competition.
Really exciting to see the CFDC put together this initiative
to modernize the market by increasing efficiency, reducing costs, and
upping liquidity to benefit all So, folks, all of these

(07:58):
things are going to lead to higher prices. It's going
to bring in more capital into the market. And this
is why you have to be patient. A lot of
the infrastructure still being built out here by the crypto industry,
by their regulators of the government. I mean, as I
mentioned earlier, the Clarity Act hasn't even passed it, it hasn't
been signed into law yet, and that's the meat and
potatoes of crypto legislation. Sure, the Genius Act is important

(08:21):
in stable coined legislation, but we know it just covers
stable coins. But you need guidance on the rest of
the market, right, which is the next eighty to ninety
percent of the market. So this is very good stuff here.
Moving ahead, speaking of stable coins, look at this bullish
news for Ripple and XRP and r l USD. So
Ripple has formed a partnership with Securitize. Many of you

(08:42):
know Securitize is the tokenization firm that helped Blackrock and
others to launch their tokenized assets, and Blackrock actually invested
in Securitize, so they said here, our new partnership with
Securitize will allow holders of BlackRock's Biddle and van x
v bill, both token eied funds, to instantly exchange their
shares for r l USD, thereby preserving exposure to on

(09:07):
chain yield and other DeFi capabilities. Securitize is also integrating
with the XRP Ledger to expand access and utility to
the XRP ecosystem. This is how we're building the infrastructure
for a more efficient, compliant and on chain future.

Speaker 2 (09:23):
Bullish news.

Speaker 1 (09:24):
If you are an XRP holder, this is very good
for ripples r l USD, which is built on the
XRP ledger. Don't get me wrong, it's also on the
etherorem but they're also securitized is also going to integrate
the XRP ledger, so I'm sure Securitizer is going to
offer it up to their clients to be able to
tokenize on the XRP ledger. One of the things I've
been telling you guys about and we're about facts here,

(09:45):
not emotions. I've been showing you RWA, dot XYZ and
the explosion of tokenization and adoption and the XRP ledger
since the conclusion of the SEC versus the Ripple lawsuits.
So that was holding it back. And of course think
of it. If you're a blackrock or some institution and
you want to build on the XRP ledger, your legal
team is going to say hell no, like what are

(10:07):
you doing? No, no, no, no, this is too risky.
They're under a lawsuit by the SEC. So now that
that's done, the runways clear for adoption. So you're going
to see the XRP ledger being used utilized by many
of these firms. So very bullish news again for Ripple,
XRP and much more. Now moving ahead, Tether again stable

(10:28):
coins here. Tether, issuer of the world's largest stable coin,
usd T, is in talks with investors to raise as
much as twenty billion dollars, a deal that will propel
the crypto firm into the highest ranks of the world's
most valuable private companies. Many of you know Tether is massive,
right they have. They are head and shoulders above any
other stable coin issuer out there.

Speaker 2 (10:50):
Now.

Speaker 1 (10:50):
It doesn't mean that they're going to remain that way forever,
but they've been at this for a long time and
the revenue they've been generating, plus their profitability, plus their
part ships with Wall Street firms like Canter, Fitzgerald and
much more, has put them in an amazing place. And folks,
that capital raise would put them at a five hundred

(11:10):
billion dollar valuation. This is incredible, man, It's just amazing
to see that number, especially from a crypto company, right, So,
this is just amazing. So the crypto company is looking
to raise between fifteen billion and twenty billion in exchange
for roughly three percent steak through a private placement, the

(11:31):
report said, citing two individuals familiar with the matter. The
transaction would involve new equity rather than existing investors selling
their steaks, the people told the news service. So, what
a huge, huge move here by Tether. And you know,
they recently announced that they hired bo Hines to lead
up the US at stable coin here in the United States,

(11:54):
which will be complaint with the Genius Act. So Tether
is going all in, and you know the market that
was really holding them back is the United States and
because there was no clarity, and I think they will
resolve the EU situation because they have a problem in
the EU. Maybe they're launch eu RT. I don't know
stable coin in Europe, but we'll have to wait and see.

(12:17):
But nevertheless, they continue to grow and look at this
valuation that is incredible.

Speaker 2 (12:25):
All right.

Speaker 1 (12:26):
Moving ahead, bitcoin minor clean Spark expands capital strategy with
an additional one hundred million dollars bitcoin back loan from
coin based Prime, which will be deployed into strategic energy
expansion and mining operations. So big move by clean Spark
here working with coinbase to get to a bitcoin back
loan and they're going to obviously expand their operations around

(12:47):
the globe.

Speaker 2 (12:48):
I will be.

Speaker 1 (12:48):
Interviewing the CEO of clean Spark this week, so I'll
get you guys the details and what's the latest with
bitcoin mining and you know, everything that's been going on,
because the CEO was also at a meeting recently with
Michael Saylor and other bitcoin minors to figure out how
to get the big strategic bitcoin reserve. Going from a
purchasing standpoint, we know that Trump signed the executive order

(13:11):
to allow the United States to establish the reserve, but
using the coins, the bitcoins that are being confiscated over
the years, you know, via a law enforcement and much more.
But the ability to buy is not there yet. I've said, look,
I think that's a hard sell to Congress. It's something
might we might be too early for it. But Trump
and his administration have said they're looking for revenue neutral

(13:35):
ways to do it so where it doesn't put a
burden on the taxpayers. Now, if they're able to do
it with the tariff money, maybe that will work, you know.

Speaker 2 (13:42):
So we'll see.

Speaker 1 (13:43):
But that could be a huge, huge narrative that just
sends us to uplof the top. Right, in addition to
Clarity Act and all these things. But you have these
really big narratives and milestones that could be hit that
will send this parabolic right, And maybe that's why we're
seeing all these news items now. So incredible stuff. Now,

(14:03):
speaking of Bigcoin, Fold, they're teaming up with Stripe and
Visa and they're building a Bigcoin credit card designed to
deliver up to three point five percent back on every purchase,
two percent instantly, plus up to one point five percent
when you pay it off with Fold checking. They said,
rewarded in bitcoin built on striped.

Speaker 2 (14:24):
Global with Visa.

Speaker 1 (14:25):
That's really great getting rewards in bitcoin and other crypto assets.

Speaker 2 (14:30):
It's a huge win.

Speaker 1 (14:31):
I personally use the Lolli app where when I go
shop at a retailer or whatever it is, I click
the you know, if there's there's a partnership with Lolli,
and I earn bitcoin rewards and that's been really great.
So I would rather get the rewards in bitcoin than
in cash of course, right and that bitcoin I just
leave it there and it's been growing, you know, in
the bull market, so that's a great well, this is

(14:53):
a great way to earn and there's other folks who
have launched, you know, cards like these for other all coins,
like Gemini launched one for XRP. So of course it's
the choice is yours to pick which assets you want
to you know, get to get your rewards in. But this,
this is going to be a huge feature. I believe
a lot of people are going to go with these
things because as they become educated on inflation and what's

(15:14):
happening and where you have to put your money in assets,
and you want to put it in the fastest horse
in the race, as Paul tutor Jones said, and bitcoin
and crypto has been that outpacing the stock market and
everything else.

Speaker 2 (15:24):
So huge, huge news here, folks, Very exciting folks.

Speaker 1 (15:29):
If you appreciate this content and you find you found
it valuable, please support the podcast by subscribing to my
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substack link will be in the description. Check out my
book on Amazon. It is available in paperback and digital,
and my course at mycrypto course dot com. This is
a great way to expand your knowledge about the technology

(15:49):
and crypto. This is still all new to you. This
is the course where you go at your own pace.
You can share the login with your friends and family.
But it is packed with tons and tons of value,
so check it out. Go to mycryptocourse dot com. Folks,
thank you so much for watching and listening. I appreciate
you

Speaker 2 (16:05):
All for tuning in, and I'll talk to you all later.

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MORGAN STANLEY & ETRADE ARE ALL IN ON CRYPTO! RLUSD XRP LEDGER TOKENIZATION!

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