XRP GETS HUGE ADOPTION & RIPPLE GETS $500 MILLION INVESTMENT!

Episode Transcript
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Speaker 1 (00:04):
Hey, folks, welcome into the Thinking Crypto podcast. I'm your host,
Tony Edward. On your way in. Please let that subscribe
button as well as the thumbsup 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 big updates around the
Market Structure bill, which is the CLARITIAC. So here's the headline.

(00:25):
US lawmakers to meet with Trump's cryptos are David Sachs,
and despite the government shutdown, we are seeing some progress
being made in Congress. In fact, today I interviewed Patrick Witt,
who replaced bo Hines as the White House Crypto Advisor,
and he talked about the progress being made with the
meeting of Democrat and Republican leaders to get this bill

(00:46):
pushed forward. So he's optimistic that it will pass sooner
than later. But let me give you some details here
from the article. Discussions over the Digital Asset Market Structure Bill,
currently being considered in the US Senate are reportedly still happening,
the longest government shutdown in the country's history. According to
a Tuesday political report, Republican Senator John Boozman with the

(01:08):
Senate Agricultural Committee, one of the committees that will need
to approve the bill before consideration in the full chamber,
will discuss the market structural legislation with White House, Crypto
and AI ZAR David Sachs, and Democratic Senator Cory Booker.
The reported call will come as lawmakers prepare to finalize
a discussion draft of the bill. The market structure bill

(01:29):
is expected to be one of the most significant pieces
of legislation affecting the crypto industry to come out of
the current session of Congress. So, folks, we're seeing progress here. Officely,
government moves slow, but what we want to see is
progress and not have this bill get stalled. Even if
it ends up passing and going to President Trump's desperate
signature in Q one twenty twenty six, that's fine, as

(01:52):
long as the ball keeps rolling here. And I'm hearing
some good things once again. I spoke to Patrick Witt
today at smart Con Chain Links mark On. I did
an interview with him, and I heard some good things,
and even from other folks who are doing advocacy and
policy work in DC, educating lawmakers and so forth, and
they're all saying this progress here, so people are optimistic.

(02:14):
And once again, it may not happen by December just
because with this government shut down, it doesn't help things
at all. But look, they're just still a chance, but
most likely, most like I think the higher probability is
this passing in Q one. What's interesting is that President
Trump was giving a speech today and you know, he
doubled down on crypto and that he wants to make
the United States's a leader in crypto, and some of

(02:36):
the statements he made was crypto takes a lot of
pressure off the dollar, it does a lot of good things.
We're making the US the bitcoin superpower, the crypto capital
of the world. And Senator Cynthia Lummis, who's a big
advocate for the Strategic Bitcoin Reserve, she retweeted that and said,
SBR is the way. So hopefully we can get that

(02:58):
Strategic Bitcoin Reserve. That's the harder sell, like I've been saying,
you know, just taking the bitcoin they've confiscated over the
years of the US government that is and forming the
bitcoin reserve is the easy part. The hard part is
finding the capital to buy the assets from an ongoing basis.
So I don't know if that happens this cycle, maybe
the next cycle, because that's a very hard sell to

(03:20):
Congress unless the United States finds a revenue neutral way
such as maybe using tarOf revenue. But you know who knows,
because even the tariff situation is up for vote in
the Supreme Court. So there are a lot of hoops
to jump through here before we can get to the
buying aspect. But look glad to see things are moving ahead.
The dialogue's happening, that's what we want to see. Now.

(03:42):
Today we got some incredibly bullish news around Ripple and XRP.
So look at this. Ripple said, we're collaborating with MasterCard,
web Bank and Gemini to introduce r l US the
settlement that's Ripple stable coin on the XRP ledger for
Fiat credit card payment starting with the Gemini XRP credit card.

(04:03):
So you know, you have a lot of fludstres out
there who say no one will overuse XRP ordy XRP Ledger,
and we see those flood statements are being put to bed.
And if you go to RWA doxyz, you see XRP
Ledger is currently number ten with the amount of building
that's happening on it, So the data and the facts
don't lie here. So they continued here saying, this initiative

(04:23):
sets a new benchmark for institutional efficiency, enabling faster, compliant,
and more transparent settlement within the traditional finance. The future
of payments is here. So big partners getting involved here
with Ripple and the XRP ledger being leveraged here. So
this is a very positive sign. Now, the other big news,

(04:44):
which I think signals to Ripple potentially doing an IPO
maybe in twenty twenty six, the folks that Ripple said,
we have closed a five hundred million dollars strategic investment
at a forty billion dollar valuation led by Fortress Investment
and Group and Citadel Securities, big names folks, especially Citadel.

(05:06):
So they gave some highlights about the company, saying ninety
five billion dollar plus in total Ripple payments payment volume,
one billion dollar plus r l USD stable coin market cap,
six strategic acquisitions completed in just over two years, so
they've been very aggressive with the acquisition. So again this
all makes me think and IPO is coming at some point.

(05:29):
They said here twenty five percent of shares repurchase, three
x growth in Ripple Prime business, seventy five regulatory licenses globally,
so things are growing for Ripple and the XRP ledger.
So this is a big investment. Now, what's interesting Dan Tapierro,
who heads up Pantera Capital, and if you guys remember
I interviewed him years ago and I hope to have

(05:49):
him back on soon. But Dan is an OG in
this crypto market. His fund was like the first, if
I'm not mistaken, to invest in bitcoin. He was so
early ahead of all the other vcs and hedge ones
and he participated in this. So he says, we're very
excited to participate in Ripple's five hundred million dollars strategic
round alongside names like Fortress Investment Group and Citadel Securities.

(06:13):
It's been a long and exciting journey since we first
invested in Ripple out of Venture Fund one, the very
first blockchain venture investment by Pantera Capital. Brad Garlinghouse, Ripples CEO,
attended our twenty fifteen summit, a small gathering at my
home in Lake Tahoe with OG's like Jesse Powell, Eric Worhees,
and Gavin Andresen. Ten years later, Brad and I reconvene

(06:37):
at Pantera Blockchain Summit twenty twenty five at the Plaza
in New York City, where you reminisced about the journey
and where Ripple is heading. So to see guys like
Dan Moore ahead doubling down investing in Ripple is very
bullish because Dan is not a maxi, Dan is not tribal.
Dan is looking to make money, and he was very

(06:58):
early to bitcoin and invest in other projects and now
doubling down on Ripple and even Ripples CEO B garling
House highlighted this and also highlighted that Galaxy Digital participated
and even Brevin Howard. So some very big names here, folks.
This is a big, big signal. And you know, he said,

(07:18):
this investment isn't just the validation of Ripple's growth strategy
and business built on the foundation of XRP, but also
a clear bet on what the future of crypto will
look like. And very proud of what we built and
all that's to come. So huge news here, big investments,
And like I said, I think IPO is coming in
twenty twenty six, and you know it's in alignment with

(07:42):
all of the other IPOs that have happened this year
and that our plan. Right. We've heard about securitized bitgo,
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(09:07):
because they're using institutional level grade crypto custody, So check
them out. Link will be in the description now. Folks,
we continue to see incredible news around chain Link. Many
you know I'm very bullish on chain Link guy holding
in my portfolio. I've been at chain links smart con
event over the past two days doing interviews. So chain
Link Apex Group tests on chain stable coin compliance with

(09:30):
Bermuda regulator. So chain Link and Apex Group pilated a
blockchain system with Bermuda's regulator to enforce stable coin rules
on chain. Using chain links proof of reserve and automated
compliance engine. The system provides regulators with real time visibility
into a stable coin's backing and circulation, automating compliance checks

(09:53):
on chain. The project supports chain links push for institutional
adoption of tokenized assets, building on the chainlink runtime environment
used by banks like JP Morgan and UBS. Guys not
financial Advice but I think chainling is going to be
one of the biggest winners coming out of this industry.
I'm seeing tradfi, crypt native firms and other blockchain projects

(10:15):
leveraging chain link services, whether it be the Oracles or
whatever it may be. It's incredible what's happening and the
adoption this technology is getting so very bullish unchainling, Okay,
moving ahead. Franklin Templeton, one of the biggest Wall Street names,
of course, brings tokenize US the Money Market Fund to
Hong Kong. So we're seeing the tokenization race heat up

(10:37):
here among these Wall Street firms, and they're expanding it globally, right,
So that's that's part of the benefits of tokenizing. You
can open your assets and you know things that you're
issuing to a global market and get more liquidity. So
it's creating truly a truly global market, like I've been
saying for a long time. So, according to a statement

(10:57):
shared with coin Telegraph on Wednesday, the Franklin on Chain
US Government Money Market Fund is the first end to
end tokenized structure by an asset manager to integrate issuance,
distribution and servicing directly on chain in Hong Kong. The
tokenized fund will be initially available only to institutional and
professional investors. It is registered in Luxembourg under a regulated

(11:21):
framework that allows investment funds to be sold across the
European Union. The fund uses Franklin Templeton's proprietary blockchain record
keeping system while seeking to provide income and preserve capital
through investments in short term US government treasuries. Guys, it
is amazing what's happening. And you know people are bearish

(11:41):
out there, right. You look at the sentiment, it's an
extreme fear. And I'm looking at this and like, man,
they're building the infrastructure. Prices will eventually follow. We know
markets do follow liquidity. So you have some headwinds with
the tariff stuff and the government shut down. But I
don't think this bulmart's over look. I could be wrong, right,

(12:02):
but I don't think it's over And I'm seeing incredible
adoption by the trad FI institutions. Now look at this.
CMT Digital Secure is one hundred and thirty six million
dollars to back the next wave of blockchain startups. So
the Chicago based crypto venture company has already invested part
of its new one hundred and thirty six million dollar
fund in stable coin startups. As blockchain VC activity slows

(12:25):
in twenty twenty five, so we're still seeing a lot
of liquidity and capital coming in. Folks are looking to
take their bets on crypto, and this is of course
a very great sign. People are a bullish optimistic about
the future of crypto and they're putting the capital in
there and expecting return over time. Right, so they see
this technology being adopted by tradfi and much more, and

(12:48):
the capital's coming in. So I've said many times over
the years, if you're an entrepreneur, you got an idea,
you want to build something and some sort of application,
Web three application or whatever it may be, now's the
time to go pitch and you know, get your capital
and start billing. So it's a great time to be
in the industry, even to come work in the industry. Now,
look at this news self Custody meets KYC Tanjem launches

(13:11):
visa payments with pi Era from saying that, right, so,
cryptocurrency wallet company Tangum has launched tangem pay, a virtual
visa card connecting directly to the hardware wallet and allowing
users to spend stable coins at millions of merchants worldwide. Now,
I have never heard of this wallet. Actually that may

(13:31):
not be true. I think I may have heard of
them years ago, but I don't know much about them,
and I don't think I've heard seen a lot of
headlines with them. But this seems like something very big.
So launched in collaboration with the US payment infrastructure company
pi Era, tanjum pays enables users to deposit and spend
circles USDC stable coin on the Polygon network, Tanjum said

(13:55):
in an announced statement a shared bad Coin Telegraph on Wednesday. Now,
I actually interview someone from Polygon today and they're getting
a lot of adoption with stable coins and people using
them for payments, and they're in the theorem layer too.
I am a holder of the matic token, and you know,
I'm still bullish on this project, but great to see
the adoption happening here and they get more infrastructure for

(14:18):
people to be able to participate and come on chain
and use payments. And look, some of them may not
even know they're using blockchain tech or stable coins because
it's running behind the scenes. But this is the future,
right for the masses, the billions of people who you know,
are just trying to go about their day and do
their thing. They don't need to know which blockchain and

(14:38):
all these things, but just that it moves faster, it
settles instantly, it's cheaper, and all the other benefits. Of course.
All right, we got some bitcoin treasury news here. So
Adam Bach's co founded Switzerland bitcoin treasury startup Future raises
thirty four point five million dollars. So it says here
this was a strategic round and by vulgar ventures Knakamoto

(15:02):
and Tobam The company announced on Tuesday branding itself as
Switzerland's premier bitcoin treasury company. Future said in a news
release that it will provide multi signature custody treasury tools
and advisory services for a companies seeking to hold bitcoin
on their balance sheets. So we're seeing this digital asset
treasury movement happening across the globe, and that's a very

(15:26):
good sign and you know, it's very beneficial for us
who are holding the tokens. But the morning or the caveat,
I tell people's we got to watch out for the
bear market. I don't think a lot of these companies
are going to survive. So you know, hopefully the majority
do right. We would not want to see a lot
of collapses because that could be bad. But you know,

(15:47):
that's the nature of the markets, the cyclical pattern bull
and bear, and the bear can be very bloody, but
that's where the opportunity is, right. You can back up
the truck and buy the blood on the streets when
everybody's scared, and then hold for the bull market. So
we also got news here to Metaplanet, which is like
the micro strategy in Japan. So Metaplanet taps one hundred

(16:08):
million dollar bitcoin back loan for BTC purchases and share buyback.
So Metaplanet's been buying a lot of bitcoin as well.
So Tokyo listed bitcoin treasury company Metaplanets secured a one
hundred million dollar bitcoin backed loan to purchase additional bitcoin
and repurchase IT shares, According to a Tuesday filing, The

(16:28):
funds were borrowed on October thirty first under a credit
agreement that allows the company to secure short term financing
using bitcoin holdings as collateral. The lenders identity was not disclosed,
but the company said the loan carries a benchmark US
dollar rate plus a spread and can be repaid at
any time. So it's interesting that these companies continue to

(16:51):
raise capital to buy bitcoin, and I think many of
them are anticipating we are still in the bull market,
that there's going to be continuation and higher prices, because
wouldn't be too smart to be buying now if bcoin
has stopped and we're really going to a bear market.
So these are some of the signs I'm looking at,
in addition to multiple other factors of why the top
is not in because these guys are not fools, and

(17:14):
they have room full of analysts that are doing all
types of market analysis and much more looking at the
macro and taking their bets. So, folks, that's the news.
Let me know what to think. Leave your thoughts and
comments below hit the thumbs up button. If you appreciated
this content, please support the podcast by subscribing to my
free email newsletter. It is one hundred percent free. Link

(17:34):
will be in the description. Check out my book on
Amazon it's available in paperback, in digital, and my course
at mycryptocourse dot com. This is a comprehensive course that
teaches you everything you need to know about crypto. Folks,
thank you for tuning in. I appreciate you all. And
I'll talk to you all later.

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