WALL STREET PLANS TO BUY MORE CRYPTO! COINBASE MASTERCARD STABLECOIN & RIPPLE RLUSD BAHRAIN

Episode Transcript
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Speaker 1 (00:05):
Hey, everybody, Welcome into the Thinking Crypto Podcast, your home
for cryptocurrency news and interviews. I'm your host, Tony Edward.
On your way in. Please sit that subscribe button as
well as the thumbs up button and leave a common below.
If you're listening on a podcast platform such as Spotify
or Apple, please leave a five star rating and review. Folks,
we got some very big crypto news today. First up

(00:26):
State Street, the Wall Street Giant finds that institutional investors
will be doubling their digital asset exposure within three years now.
I think this should not come as a surprise to
us because we've been seeing the institutional herd just rushing
into the crypto acid class building with the technology via tokenization,
stable coins, looking to offer crypto trading and custody, and

(00:49):
we've been talking about you know, once the Clarity Act
is passed, you're going to see a flood of capital
and more players entering in. They're going to put all
their chips on the table. Right now, they're doing a
lot of trial and error R and D testing the waters,
right you know, some more sod than others. I think
the banks are a little bit hesitant because they need

(01:10):
that clarity. But you have firms like black Rock and
Fidelity and others which I've launched et apps and are
tokenizing and much more. So let me give it to
details here and once again Stage Street. They are a
powerhouse on Wall Street, so it's important to hear their
perspective and what they are thinking. So institutional investors are
accelerating their shift towards blockchain and tokenization technology, with the

(01:33):
majority expecting average exposure to digital assets to double within
three years, according to a new research study from global
custody and asset management giant State Street. The report also
shows that nearly sixty percent of institutions plan to increase
their digital asset allocations in the coming year, reflecting growing

(01:53):
confidence that blockchain based assets are becoming a permanent part
of long term investment strategy. The findings come from the
banks twenty twenty five Digital Assets Outlook, which surveyed senior
executives across global asset managers and owners to assess sentiment, strategy,
and operational readiness regarding emerging technologies. So, folks, game theories

(02:17):
playing out here. No one wants to get left behind,
and as mentioned, once the market structure Bill is passed,
You're going to see all of them dive into this
asset class. More capital will be coming in. They're looking
to put all the trad fi assets on the blockchain
to allow it to trade twenty four to seven, and
they will defy opportunities and create a more global market

(02:40):
where you can bring in more liquidity and capital. So
that's the game plan here, folks, And all the dominoes
are falling. We are seeing the big banks, from the
major financial institutions, the brokerages, and much more. They are
all coming. So I've often stated that I'm not only
bullish on this bulllmarket cycle, but the future ones as
these banks and these companies start building through the bear

(03:01):
market and then we get ready for the next bull market.
So very big news here in confirmation of what's happening now.
On that note, crypto investors are now using Wall Street's
age old strategy to invest, says Bitwise's CEO. Now, I've
often had Matt Hogan of Bitwise on the podcast, and
Bitwise they're a great company. They have some great crypto products,

(03:24):
and much more so. Institutions no longer focus on market
capitalization but instead follow a nuanced stock market like investing
strategy and digital asset markets, according to Bitwise's Hunter Horseley.
Horseley added that bitcoin could be both a store of
value and payments network, but not simultaneously. A potential bitcoin

(03:45):
bear market may be less severe than previous ones. Horsey said,
So those were the main takeaways, but let me give
you some more details here. He said that institutions they
were years ago, you know, viewing the crypto market through
primarily through the bitcoin lens. However, they have since moved
to more sophisticated and reliable investment analysis methods. He says, Historically,

(04:06):
institutions viewed the crypto or the entire crypto market similar
to bitcoin, essentially digital gold, and made broader decisions based
on market cap. However, they are gradually recognizing that the
crypto space is more diverse, much like the stock market,
with each project offering unique use cases and value propositions.
So essentially saying, the institutions are diversifying, right, so they're

(04:28):
looking at different blockchain projects, They're tokenizing on different blockchains.
They're looking to offer more than just bitcoin, which makes sense, right.
This market is vastly more than bitcoin. Don't get me wrong.
Bitcoin is still the number one asset still moves. The
market still has the brand, and most institutions when they
enter the space, they start with bitcoin, but clearly they're

(04:49):
branching out here and going to other assets and seeing
that tokenization. As mentioned, stable coins, DeFi and all these
other great opportunities are there to invest and to bill with.
So I certainly agree with Hunter's statements here now, folks,
this episode is brought to you by v chain, which
is one of the top Layer one enterprise blockchains out there.

(05:09):
V chain is getting adoption from many big brands and
companies around the world who are building Web three technology.
Some of the key features of the v chain blockchain
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a VET token holder since twenty eighteen, so I hold
this token and I'm very bullish on it. Some of
the brands and companies they're working with include PwC, Walmart, China,

(05:32):
Sam's Club, BMW. They are also partnered with Boston Consulting Group,
and they also partner with Dana White and the UFC
and Dana White recently said that he bought over a
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staking via stargate, so once again bullish on this project.
Check it out. Go to v chain dot org. Link

(05:53):
will be in the description. Now look at this capitulation news.
The UK lifts of retail ban on crypto ETM, paving
the way for investments from pensions ISAs of course they did.
They all have to bend in the over the years,
I've often stated that any country that bans cryptos writing
their economic death sentence. So even those who are laggards

(06:14):
in still on the fence or naysayers, they're going to
be pulled into the acid class kicking and screaming. But
this is the future, you know, we've talked a lot
about the global markets, the economies and the governments will
all be running on blockchain rails. So the FCA has
lifted its ban, letting UK retail investors buy crypto etns

(06:35):
for the first time. Etns fall under the umbrella of
ETPs that also includes exchange traded ETFs. The government confirmed
that crypto etns can be held tax free in ISAs
and registered pensions. Major ISA providers such as IG and
aj Bell may take time to roll out access to
these products, folks. The on ramps being opened up globally

(06:59):
to bring in more capital into this acid class. And
as we all know, there's a supplying demand economics that
plays out here because not every token is in the
open market. Some are locked up, some are steak. With bitcoin,
it's very hard cap, you know, it has to be mined,
and some have been lost, right, people have lost their
private key, so those coins are gone. They're no longer

(07:19):
accessible or liquid or whatever it may be. So that's
why you have this kind of supply shock. And remember
this is the first truly global asset class. I know
some of you are gonna say, Tony, what about gold? Well,
gold has been around for a long time, yes, but
it's been a pseudo global asset class because you can't
instantly verify to supply. You can't settle real time transactions.

(07:40):
It's not portable. Right. I can take some bitcoin and
hardware walls and go in any part of the world
with it. I can't carry around a ton of gold bars, right,
And even the goal bars that are in some of
the storages and whatever it may be, you can't determine
the quality of that goal, right, is it black market
goal is a real gold? Right? So these are things

(08:02):
that you can't really verify. So that's why I call
it crypto the first truly global asset class because if
you just need a smartphone and internet, you can access
it right Well, it's maybe very hard to carry around
gold and all these things. I hope you understand. Because
of the digital component and the real time training, the
twenty four to seven market, and much more, it is

(08:25):
truly global versus anything we've seen historically. Now look at
this news. Coinbas and MasterCard held talks to buy stable
coin fintech bv and K for up to two point
five billion dollars. This is per a report from Fortune.
I have never heard of BVNK, so this would really

(08:46):
be incredible if this goes through. And I've interviewed some folks,
some MasterCard, I think it was the head of digital assets,
and they're all in on crypto, and so is Visa
and the other credit card companies, so it's not surprising
that they want to partner and get things up and running.
So it's incredible. So Crypto Exchange, Coinbase, and Payments Giant
MasterCard have held advanced acquisition talks to buy bv NK,

(09:10):
a London based fintech that builds stable coin payment infrastructure.
According to six people familiar with the matter who spoke
with Fortune, the discussions have not been finalized, but several
of the sources toll Fortune that the potential sale price
is between one point five billion and two point five
billion dollars. The talks still may fall apart, yet Coinbase

(09:32):
appears to be ahead of MasterCard at this stage. Three
of the sources toll Fortune, Oh, so, I think I misspoke.
I mentioned that MasterCard and Coinbase we're teaming up there
not so they're individually trying to purchase this company. But
I have not heard about this stable coin company. So
this is very very interesting. If completed, the acquisition would
be the largest stable coin related deal yet, signaling how

(09:55):
mainstream financial and crypto firms are competing to control the
next wave of digit payments. So again we're seeing the race, right,
everybody's trying to get as much market share as possible,
grab as much of the technology as possible because this
is the future. And I think once the Market Structure
Bill passes, we're going to see more of these acquisitions

(10:16):
M and a's and just global expansion by some of
these companies. So it's incredible and if you guys recall
just a year ago, Stripe had acquired another stable coin startup,
Bridge for one point one billion dollars. So it's incredible
what's happening. It just reminds me a lot of what
took place in the dot com boom, where you had

(10:37):
just massive companies building and there was IPOs and mergers
and acquisitions and much more incredible stuff. Now, speaking of
stable coins, Ripple to bring our l u s d
stable coin to Bahrain via a new partnership. So Ripple
continues to expand the XRP ledger and its stable coin
r l usd into different parts of the world with

(10:58):
new use cases. The major blockchain company and issuer of
the XRP cryptocurrency is expanding operations in the Kingdom of
Bahrain through a partnership with a local fintech ecosystem builder.
Ripple on Thursday announced a strategic partnership with Bahrain Fintech Bay,
a major local fintech incubator closely collaborating with government partners

(11:20):
including the Central Bank of Bahrain. As part of the collaboration,
Ripple and BFB will work together to contribute to Bahrain's
digital asset ecosystem including running fintech pilot projects and testing
solutions in areas including cross border payments, stable coins, tokenization
and more. So, as you can imagine, if they're going

(11:41):
to do toganization, they're going to offer up the XRP ledger. Right,
there are a lot of people since the sec Ripple
lawso wrapped up that have been building on the XRP ledger.
The volume has grown. In fact, the total value of
tokenized assets on the XRP ledger now sits at number
ten based on RWA dot xyz data which tracks this

(12:01):
on multiple blockchains. So it's not only our l USD,
but you know, Ripple's going to push the use of
the XRP ledger. So, according to Ripple's Middle East managing
director Rhese Merrick, the company ultimately looks to offer its
digital acid custody solution and Ripple r l USD stable
coin to Bahrain's financial institutions. Huge, huge news here, folks.

(12:23):
So Ripple working with different central banks and governments and
they're going to have their stable coin leverage. They're going
to have the XRP leverage for tokenization and much more.
All Right, moving ahead, We've got some news here about Solana.
So Solana Treasury company Sharps Technology taps Coinbase for custody,
liquidity and OTC trading support. So the firm now holds

(12:47):
over two million Solana tokens, in line with other Solana
digital acid treasuries like Helios, Defied Development Corp. And UPEXI,
but behind Forward Industries six point eight million holding. Guys,
we're just seeing the trend of digital acid treasury companies
ramping up. As I've been stating recently, this is very

(13:08):
good for the tokens. Hole. If you hold Solana, this
is great. Right. They're buying a lot of the supply
and holding it on their balance sheet, and that's going
to create a lot of the supplying demand. Shock. Plus
you have the huge narratives, right that'll be out there.
This company's buying x amount of this token and so forth,
and all of that's going to drive more FOMO and
more capital to come in. So very bullish news here.

(13:30):
These companies, these digital acid treasury companies are getting very
creative and they're buying a ton man. And you guys
know I've said it at nauseum. Watch out, there's a
bubble forming here. So this is why we want to
take profits before this thing rolls over and there's a
bear market and collapses and much more. You know, some
of these are going to collapse, but it is what
it is. This is the nature of markets. But we

(13:52):
want to ride the wave, up sell into the euphoria
and greed and exit the market. Some of you may say, hey, look,
I'm not selling, I'm just holding on. That's fine. Everybody's
financial situation is different. I'm personally taking profits. I'm sure
many of you are as well. And then I'll be
buying the blood on the streets when the bear market
rolls around. Whether we have a eighty percent pullback or

(14:14):
even just a fifty percent pullback, it it doesn't matter
to me. I'll just be buying the lows again and
preparing for the next bull market. All right, final news
item here, Digital Currency Group subsidiary UMA launches asset management
division with two flagship funds. So this is interesting. Many
of you may know Digital Currency Group, which is headed

(14:34):
up by Barry Silberts. You know they've owned multiple companies
like Foundry, the bitcoin mining company, Gray Scale, and much more. Right,
so let me give it to details. Digital Currency Group
subsidiary YOUMA focused on scaling the decentralized AI network bit
sensor or the native token is Tao is launching an
asset management division, according to an announcement on Thursday, Youma

(14:58):
Asset Management will be anchored by ten million dollars investment
from DCG, the company's investment giant. According to the announcement,
the asset manager will kick off with two flagship strategies
that invest in bit sensor sub tokens. The YUMA Subset
Composite fund designed for market cap weighted exposure across all
live subnets, and the UMA Large Cap Subnet Fund focus

(15:22):
on larger subnets. So this is interesting. They're they're kind
of building this niche fund. These niche funds dedicated to
the protocol. You know, this could work out very well.
They're going all in. And again, if you hold a
token of some of these you know, protocols and blockchains
are investing in, you know, that could work out really well. Now,

(15:42):
I personally don't hold the TAU token. It's not possible
to hold every token. So I picked my horses. I
bought you know, those tokens in the bloody bear market
when they were down in the dumps, and now they're
up of course my portfolio is up, and of course
I'm looking for higher gains and looking to exit the
market for the But you know, just make sure you
don't get fomo and you do your research and if

(16:03):
you have the capital, you know, you can certainly invest.
But you also don't want to spread yourself too thin, right,
Not everything will be a winner, but you know, one
of the things you do want to watch is who
are the big vcs or hedge funds and where are
they putting their capital? So these this is something to
look at, especially in a bear market, right who's taking
a position and much more so. Bit Censor Network is

(16:24):
a decentralized blockchain based network that enables collaborative machine learning
and AI model development across specialized subnets. The network rewards
validators and minors in its native Tao token for contributing
computational resources. So this might be something I'll look into,
you know, as always, I'll let you guys know what
I take a position in and what I hold in

(16:45):
my portfolio. Of course, those of you who are channel members,
you're able to get direct access to my portfolio breakdown
on Google Docs. So you've got to be a channel member, right,
So you can support me in that way. But guys,
if you appreciate this content, please be sure to support
the po by subscribing to my free email newsletter on substack.
I put out a write up every week. It is

(17:05):
once again one hundred percent for you to check it out.
Check out my book on Amazon, it's available in paperback
in digital, and my course at mycryptocurse dot com. This
is a comprehensive course that teaches you everything about crypto,
so check it out. Folks, thank you so much for
tuning in. I appreciate you all and I'll talk to
you all later.

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