Episode 38 of The Crypto Beat was recorded with The Block's Head of Growth, Tim Copeland, Co-Host Kelvin Sparks, and CoinFund Investor Kavan Canekeratne.
Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch, or wherever you listen to podcasts. Please send feedback and revision requests to podcast@theblock.co
In this episode, Tim, Kelvin, and Kavan discuss the evolving U.S. regulatory stance on crypto, including the SEC’s Project Crypto and rulings on liquid staking. He explains the rise of perpetuals, tokenized assets, stablecoins, and the competitive dynamics of exchanges, while highlighting risks around leverage, meme coins, and treasury companies. The discussion concludes with a comparison of Ethereum and Solana, Bitcoin DeFi, and the growing overlap between cryptocurrency and gambling.
OUTLINE
00:00 - Introduction
00:42 - Crypto in 401Ks and U.S. regulatory shifts
03:42 - Roman Storm trial
04:47 - Explosion of perpetuals trading
06:18 - Exchange competition
07:38 - Tokenized stocks and global adoption
11:12 - Risks of leverage and stablecoin clarity
16:30 - Tokenized RWAs
17:32 - Ethereum’s resurgence vs. Solana’s momentum
22:37 - Rollups, UX improvements, and scaling Ethereum
24:48 - Meme coins, NFTs, and evolving adoption cycles
30:32 - Bitcoin DeFi & treasury companies
40:08 - Closing remarks
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Guest links:
Kavan Canekeratne - https://x.com/kavancane
Coinfund - https://x.com/coinfund_io
Are you hiring in crypto?
Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.
Faster hiring, stronger teams.
Sign up for a trial today: theblock.co/campus
