CoinDesk Podcast Network - UNCHAINED: How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome

Carlos Domingo, founder and CEO of Securitize, gives the scoop on why Blackrock’s new fund had to launch early and has a suggestion for how to handle dustings of Tornado Cash ETH. 


Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

On Wednesday, BlackRock, the world's leading asset management firm, announced the launch of a tokenized investment fund, the BlackRock USD Institutional Digital Liquidity (BUIDL) Fund, developed in collaboration with Securitize. 

Carlos Domingo, founder and CEO of Securitize, discusses the launch of the fund, which is native to the public Ethereum blockchain and aims to bring an institutional-grade cash management product to crypto institutions, offering faster token issuance, redemption, and transferability. 

Learn more: What Is Real-World Asset (RWA) Tokenization? A Beginner's Guide

He also talks about how Blackrock has embraced crypto, how the launch of the fund was “front run” by crypto Twitter, and how Blackrock will deal with issues such as the fund being dusted with ETH tainted by sanctioned Tornado Cash ETH. 

Show highlights:

  • What the BUIDL fund is, its essence and objectives
  • How the fund rewards its users, with a system similar to crypto airdrops
  • Whether they were worried about the regulatory aspects of bringing this product on-chain.
  • Securitize's role in the partnership with BlackRock
  • How much money flowed into the fund on the first day and who the target investor is
  • Why BlackRock decided to build this product on Ethereum 
  • What BlackRock's attitude towards crypto is, according to Carlos
  • How the launch of the fund was front-run by crypto insiders 
  • How a wallet associated with the fund received unintended funds from North Korean tied wallets and whether Ethereum should implement a mechanism for addresses to approve funds that are sent to it
  • Whether the contract is secure and what steps Securitize is taking to increase the safety of the users
  • The roadmap for the partnership between BlackRock and Securitize


Thank you to our sponsors!  iTrustCapital  | Polkadot  | Uniswap

Guest

Carlos Domingo, Founder and CEO of Securitize

Previous appearance on Unchained: Could Securitize Democratize Access to Different Asset Classes?

Links

Previous coverage on Unchained of real-world assets:

The Catalysts for This Crypto Bull Market: AI, DeFi, Real World Assets?

The Chopping Block: Will Tokenizing RWAs Finally Click This Time?

MakerDAO Has Brought in Real World Assets. Is It Worth the Risk?

BlackRock USD Institutional Digital Liquidity (BUIDL) Fund

The Block: BlackRock to launch tokenized investment fund with Securitize

Unchained:

Wallet Associated With BlackRock’s Tokenized Fund Spammed With Unsolicited ETH From Tornado Cash

Wallet Associated With BlackRock’s New Fund Receives Memecoins and NFTs

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Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

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CoinDesk Podcast Network - THE MINING POD: We Regret To Inform You The Cats Have Caused Bitcoin MEV

Charlie, Matt, and Will join the news roundup to talk about this week’s Bitcoin and Bitcoin mining news, including public miners offering large ATMs, Bitcoin MEV from Ordinals, and ViaBTC’s stale block problem.

Follow along on your favorite podcast player of choice by clicking here.


There’s too much going on in Bitcoin mining these days. Public miners are offering huge ATMs, the Quantum Cats are stirring up Bitcoin MEV and mining pools can’t get their code straight.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 


Check out our other shows and content by going to https://blockspace.media/ today.

Join our halving party in Denver, Colorado on April 20th! 

https://www.meetup.com/denver-bitdevs/events/299059050/

Follow our host on Twitter, @wsfoxley.

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz. 

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CoinDesk Podcast Network - Markets Daily: CoinDesk Markets Week in Review

CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.

To get the show every day, follow the podcast here.

The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Subsets of the CoinDesk Market Index (CMI) are investible CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of the top digital assets.

Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Crews Enochs, Ecosystem Growth Lead at Index Coop. For more on CoinDesk Indices, visit: coindeskmarkets.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - FIRST MOVER: Why Did Starbucks’ Web3 Project Fail?

CoinDesk's Jennifer Sanasie discusses why Starbucks' Odyssey project has failed.

To get the show every day, follow the podcast here.

Starbucks announced that it is sunsetting Odyssey, the 18-month experiment that uses collectible non-fungible tokens as the anchor of a loyalty program. According to two people familiar with the matter, Polygon Labs paid $4 million to collaborate with the coffee giant in 2022. CoinDesk's Jennifer Sanasie weighs in on Starbucks' failed attempt at entering the crypto space.

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.

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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - COINDESK DAILY: BlackRock Joins Asset Tokenization Race; North Korea Hackers Stole $3B in Crypto Since 2017

Host Jennifer Sanasie breaks down the latest news in the crypto industry from BlackRock's tokenized asset fund to crypto hacks tied to North Korea.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as BlackRock enters the tokenization race with a new fund on the Ethereum network. Plus, FTX CEO John J. Ray III pushes back against Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s collapse. And, a UN Security Council study reveals that North Korea-linked crypto hackers stole $3 billion since 2017.

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.

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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - THE PROTOCOL: Solana | Its Meme Coin Craze, Growth and Vision With CEO Anatoly Yakovenko

Solana has seen remarkable growth and market capitalization, with its token soaring by 791% over the past year. Despite this surge, the factors driving the popularity and success of meme coins on the Solana network remain uncertain.

This episode is sponsored by the Stellar Community Fund

Follow the show here for more.

In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, discuss the rise of Solana and the recent craze around meme coins on its platform with guest Anatoly Yakovenko, CEO of Solana Labs.

Anatoly delves into his journey into crypto and evaluates the sustainability of meme coin growth, probing its impact on Solana's network. He also tackles the challenge of failed transactions on Solana and outlines upcoming upgrades aimed at addressing priority fees and expanding block size. Throughout the discussion, Anatoly Yakovenko provides insights into Solana's comparison with Ethereum, its competitive landscape and ecosystem, scalability initiatives, roadmap, outage management, security measures, and the business model behind the Solana Phone.


Sign Up for THE PROTOCOL NEWSLETTER 

Takeaways | 

  • Solana has experienced significant growth and market cap, with its token up 791% over one year.
  • Meme coins have gained popularity on Solana, but the reasons for their success are unclear.
  • The meme coin craze has stressed Solana's network, leading to a high number of failed transactions.
  • Solana is working on upgrades to address priority fees and improve transaction flow and scheduling. Solana is focused on execution and transmitting information quickly, while Ethereum is focused on settlement.
  • The visions of Solana and Ethereum are different, but they compete because of overlapping use cases and features.
  • Security in blockchain networks does not depend on the majority of the network, but rather on the cryptographic signatures and trust of entities like Circle.
  • The Solana Phone aims to disrupt app stores by offering an app store with no fees, allowing developers to save revenue and provide a better user experience.


EPISODE LINKS |  

Solana 

Anatoly Yakovenko and Solana Bounce Back

Solana Meme Coin Slerf Clocks Higher Trading Volume Than All of Ethereum

SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network

Solana-Based Crypto Exchange Drift Plans Pre-Launch Market for New Tokens

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From Our Sponsor: 

The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.

Apply for Funding at communityfund.stellar.org

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.

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CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Is Coinbase’s Influence in the Bitcoin ETF Market Cause for Concern?

Recent price movements of Bitcoin and Ether with insights from Helene Braun and Lumida CEO, Ram Ahluwalia.

To get the show every day, follow the podcast here.

On "Markets Daily," Ram Ahluwalia, CEO, and co-founder of Lumida joins the conversation, discussing various market updates. Topics range from the price action of Bitcoin and Ether, the Fed's rate cut expectations, and the SEC's classification of Ether to insights on Coinbase, crypto ETFs, decentralization, custody services, Dogecoin, Coinbase's futures filing, and Michael Saylor's Bitcoin holdings.

Takeaways |

  • Bitcoin and Ether experienced significant price increases driven by the Fed's dovish remarks.
  • The SEC's classification of Ether as a security remains uncertain, but the recent Dencun upgrade has led to increased scrutiny.
  • Coinbase's dominance in the Bitcoin ETF market raises concerns about centralization.
  • Decentralization in custody services is hindered by regulatory policies that make it difficult for banks to engage with crypto assets.
  • The future of Dogecoin as an asset and the approval of Ethereum futures by the CFTC are still uncertain.
  • Michael Saylor's large Bitcoin holdings and MicroStrategy's strategy of issuing convertible debt notes to buy more Bitcoin have created a strong bid in the market.

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Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. 

Register now at consensus.coindesk.com.

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This episode was hosted by Helene Braun. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - FIRST MOVER: Meme Coins Are ‘Just a Little Bit Above Gambling,’ OSF Says

Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, discusses the dogwifhat community's effort to send the meme coin to the Las Vegas Sphere.

To get the show every day, follow the podcast here.

Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, joins "First Mover" to discuss the fundraiser that aims to send the dogwifhat meme coin to the Las Vegas Sphere, and the recent hype around meme coin pre-sales. Plus, the impact of meme coins on the Solana ecosystem.

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.

-

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - COINDESK DAILY: Why ETH ETFs Might Not Get Approved; 3AC’s Kyle Davies Not Sorry

Host Jennifer Sanasie breaks down the latest news in the crypto industry from the potential of spot ether ETF approval to 3AC's Kyle Davies speaking up on the company's bankruptcy.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Bloomberg analyst's prediction that ether ETFs likely won’t get approved in May. Plus, 3AC co-founder, Kyle Davies, speaks up about the company's bankruptcy; and Polygon Labs paid $4 million to Starbucks for the coffee company’s now failed Web3 project.

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.

-

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Bitcoin and Ether Are Outperforming and the Fed Faces Challenges

The latest price moves and insights with Helene Braun and David Stryzewski, CEO of Sound Planning Group.

To get the show every day, follow the podcast here.

On "Markets Daily," CEO of Sound Planning Group, David Stryzewski joins CoinDesk with insights on recent movements in the crypto markets and his insights on the Federal Reserve's interest rate decision, the Fed's monetary policy outlook,  and the potential risks and challenges it faces. The discussion also touches on the price correction in Bitcoin and Ether, the demand for crypto ETFs, and the outflows from Grayscale's GBTC. 

Takeaways |

  • Bitcoin and Ether are outperforming the broader crypto market.
  • The Fed is expected to keep interest rates unchanged, but its future decisions will depend on economic indicators.
  • The Fed may face challenges in balancing inflation and economic growth.
  • Bitcoin and Ether may experience further price corrections before reversing course.
  • There is a growing demand for crypto ETFs, but competition from larger players like BlackRock and Fidelity may pose challenges for smaller funds.
  • Grayscale's GBTC has seen significant outflows, potentially due to its high fees.
  • The crypto market is still in the early stages, and there is potential for further growth and adoption.


-

Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. 

Register now at consensus.coindesk.com.

-

This episode was hosted by Helene Braun. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.