Medici Presents: Level Up

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• Medici Level Up with Jack Platts, Co-Founder of Hypersphere 28.05.2026 42Min.

  In this episode of Level Up, David Grider and Sean Farrell sit down with Jack Platts, Founder, CEO, and CIO of Hypersphere, to discuss how digital asset investing has evolved over the last market cycle. Jack shares lessons from launching funds during the 2020 bull market, adapting investment strategies after the 2022 downturn, and expanding beyond crypto into broader technology themes like AI, rare earths, and brain-computer interfaces. The conversation also examines portfolio construction, concentrated investing, crypto AI opportunities, Bitcoin’s evolving macro role, and how institutional appetite for digital assets is changing.   View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Introduction to Jack Platts and Hypersphere [00:02:32] Jack’s early crypto background and launching Hypersphere [00:03:16] Evolution of Hypersphere’s investment strategies since 2020 [00:06:45] Breakdown of Hypersphere’s fund structures and liquid strategies [00:08:33] Identifying thematic opportunities and developing investment edge [00:09:34] Research process, information gathering, and idea generation [00:10:41] Team structure and incorporating LLMs into portfolio analysis [00:13:04] Portfolio construction through concentration and conviction [00:15:56] Risk management and continuously re-underwriting positions [00:18:30] Balancing liquid and illiquid investments across technology sectors [00:20:18] Investments in SpaceX, Neuralink, and rare earth supply chains [00:22:24] Expanding beyond crypto while maintaining dedicated crypto exposure [00:25:17] Comparing crypto performance to broader technology markets [00:27:18] Historical fund performance and managing through the 2022 downturn [00:28:47] Recognizing changing market conditions and reducing exposure in 2021 [00:31:20] Macro market outlook and Bitcoin’s geopolitical relevance [00:33:44] Crypto sectors with potential upside including lending and exchanges [00:36:02] Crypto AI opportunities and key projects under evaluation [00:37:49] How LP appetite for crypto funds has evolved since 2021 [00:41:02] Why investors should remain engaged with the crypto asset class Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/   Hypersphere: https://www.hypersphere.capital/   Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guests  Jack Platts, Hypersphere LinkedIn - https://www.linkedin.com/in/jack-platts-b0407360 X - https://x.com/jackbplatts  Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Illia Polosukhin, Co-Founder of NEAR Protocol 15.05.2026 1Std. 4Min.

  In this episode of LevelUp, David and Sean sit down with Illia Polosukhin, co-founder of NEAR Protocol and co-author of the Transformer model. Illia shares his journey from AI research at Google to building NEAR, a blockchain designed to integrate artificial intelligence with financial infrastructure. The conversation covers NEAR’s architecture, Intents, chain abstraction, and the role of AI agents in commerce. Illia also addresses security risks, token dynamics, and how NEAR is positioning itself as a full-stack platform for coordinating digital and real-world resources. View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Illia on the growing security risks in software and AI-driven vulnerabilities [00:00:53] Introduction to NEAR Protocol and overview of the episode [00:01:21] NEAR's token fundamentals, market positioning, and AI-focused thesis [00:02:33] NEAR’s product stack including AI, Intents, and blockchain infrastructure [00:03:29] Network metrics, fees, and value capture mechanisms [00:05:21] Token supply dynamics and comparison to other layer one ecosystems [00:07:01] Market performance and AI-driven narrative around NEAR [00:08:46] Illia’s background in AI and role in developing the Transformer model [00:12:16] NEAR’s vertically integrated vision: AI front end and blockchain back end [00:14:43] Technical architecture: sharding, accounts, and chain abstraction [00:20:58] Key applications including payments, trading, and financial infrastructure [00:23:37] Traction in cross-chain trading and growth of Intents [00:25:41] DeFi use cases including lending, borrowing, and yield aggregation [00:27:44] Rethinking “native” activity in a chain-abstracted environment [00:29:32] Fee structure and how Intents drive value to the NEAR token [00:31:14] AI agents as primary users of blockchain infrastructure [00:35:17] Competitive landscape across blockchain and AI ecosystems [00:39:50] AI-driven cybersecurity risks and the rise of automated exploits [00:42:56] Formal verification and mitigating smart contract vulnerabilities [00:45:12] Separating real vs. speculative AI + crypto use cases [00:50:18] Token supply, inflation reduction, and distribution maturity [00:52:08] Path toward deflation through Intents and ecosystem growth [00:54:15] Governance structure including House of Stake and validators [00:57:52] Validator economics and impact of reduced inflation [01:00:37] Key risks including cybersecurity, market dependence, and AI adoption [01:03:28] Final thoughts on privacy, confidential transactions, and user adoption   Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/   NEAR Protocol: https://www.near.org/   Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guests  Illia Polosukhin, NEAR Protocol  LinkedIn - https://www.linkedin.com/in/illia-polosukhin-77b6538/ X - https://x.com/ilblackdragon  Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Mark Wendland & Mark Toomey of Canton Strategic Holdings 08.04.2026 1Std. 11Min.

  In this episode of Level Up, hosts David and Sean speak with Mark Wendland, CEO, and Mark Toomey, President of Canton Strategic Holdings. They break down the Canton Network’s focus on institutional blockchain adoption, including tokenized real-world assets, intraday repo markets, and privacy-enabled infrastructure. The conversation covers Canton Network's architecture, tokenomics, and governance model, as well as how Canton Strategic Holdings is building a differentiated DAT model through validator operations, ecosystem investing, and app development. The Marks also discuss how major financial institutions are already building on Canton and what that shift means for the future of market infrastructure. View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Scale of tokenized assets and repo activity on Canton Network [00:00:19] Introduction to Level Up and Canton Strategic Holdings [00:01:27] Overview of Canton Strategic Holdings and the CC token [00:03:27] Institutional-focused blockchain: configurable privacy, tokenomics, and governance [00:06:22] Revenue opportunities through validators and network participation [00:07:19] Real-world use case: repo transactions on-chain [00:08:59] Tokenomics model and burn-mint equilibrium [00:10:04] Emissions schedule and valuation considerations [00:12:48] Market performance of CSH vs other digital asset companies [00:14:15] Mark Wendland’s background in treasury and operations [00:14:55] Mark Toomey’s background and transition into blockchain [00:16:57] Canton’s core investment thesis and institutional focus [00:20:08] What defines a digital asset treasury company [00:21:35] Strategy beyond token accumulation: validators and app development [00:23:15] Expanding ecosystem through lending, options, and apps [00:25:43] Super validator role and expected yield [00:27:24] Evolution from private to public blockchain [00:29:34] Key KPIs: institutional usage and transaction volume [00:31:37] Deep dive into intraday repo use cases [00:35:46] How apps, transactions, and rewards interact on Canton [00:37:21] Economic flow of transactions and token incentives [00:40:35] Validator vs super validator roles [00:41:41] Growth of applications and institutional integrations [00:44:52] Measuring success for Canton Strategic Holdings [00:46:11] Company strategy: capital markets, validators, and ecosystem investment [00:49:56] Capital structure and funding strategy [00:51:15] Competitive landscape and institutional adoption [00:54:57] Differentiation through privacy and financial market focus [00:57:33] Public vs private blockchain adoption by banks [01:00:31] Governance structure and foundation participation [01:04:40] Token distribution and decentralization considerations [01:06:32] Key risks: timing, regulation, and execution [01:09:49] Final thoughts on early-stage growth and execution   Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/   Canton Strategic Holdings: https://www.cantonstrategic.com/   Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guests  Mark Wendland, CEO of Canton Strategic Holdings -  https://www.linkedin.com/in/mark-wendland-1b2a0515  Mark Toomey, President of Canton Strategic Holdings - https://www.linkedin.com/in/mark-toomey-34196b   Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Xiao-Xiao J. Zhu, President of Jupiter 24.03.2026 1Std. 27Min.

  In this episode of Level Up, David and Sean sit down with Xiao-Xiao J. Zhu, President of Jupiter, to discuss the evolution of Jupiter from a DEX aggregator into a full-scale DeFi super app on Solana. Xiao Xiao shares his background from KKR to crypto and outlines Jupiter’s product suite, including trading, lending, mobile, and more. The conversation covers growth metrics, token design, competition, and the long-term vision for on-chain finance, including omni-chain infrastructure and expanding real-world asset integration.  View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Jupiter’s role as an application layer driving adoption on Solana [00:00:24] Podcast introduction and overview of Jupiter’s business model [00:01:03] Breakdown of Jupiter’s revenue, products, and market position [00:05:03] Growth in users, volumes, and product expansion [00:07:18] Product roadmap including mobile, prediction markets, and stablecoins [00:10:30] Omni-chain vision and JupNet introduction [00:13:27] Xiao Xiao’s background and transition from KKR to Jupiter [00:16:00] Shift from centralized exchanges to on-chain finance [00:20:10] Jupiter’s evolution into a DeFi super app and token thesis [00:25:59] Product suite breakdown: spot, perps, lending, and launchpad [00:29:30] Scale of trading volumes, wallet growth, and infrastructure [00:33:18] Key KPIs: active wallets, volume, TVL, and revenue [00:34:06] Financial performance and revenue composition [00:39:35] Major growth drivers: mobile, lending, payments, and JupNet [00:43:43] Architecture and positioning of JupNet [00:45:20] Mobile adoption and user behavior trends [00:49:21] Tokenized real-world assets and institutional integration [00:53:08] Expansion plans for perps and new trading models [00:55:09] Competitive landscape across DeFi and centralized platforms [01:00:12] Competition with Hyperliquid and centralized exchanges [01:02:40] Moats in DeFi: distribution, product velocity, and brand [01:04:31] Governance structure and DAO participation [01:09:36] Token supply, burn mechanics, and buyback strategy [01:14:30] Strategic investment from ParaFi and token positioning [01:17:00] Future token utility and integration into the product ecosystem  Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/   Jupiter Site: https://jup.ag/  Jupiter LinkedIn: https://www.linkedin.com/company/jupiter-onchain/    Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guest  Xiao-Xiao J. Zhu, Jupiter  X - https://x.com/xxjzhu  LinkedIn - https://www.linkedin.com/in/xiao-xiao-j-zhu-12078730/   Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Paul Faecks, Founder of Plasma 20.02.2026 1Std. 2Min.

  In this episode of Level Up, David and Sean speak with Paul Faecks, Founder of Plasma, a stablecoin-focused Layer 1 blockchain. Paul shares his background in early crypto/DeFi, why Plasma is optimized for stablecoin payments, and how Plasma One (a stablecoin neobank with cards and ramps) is intended to drive long-term value beyond blockchain fees. They also discuss token value accrual, validator decentralization, regulatory risks, and more.  View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Introduction [00:12:48] Paul’s background and thesis behind Plasma [00:15:12] Regulatory landscape and stablecoin adoption outlook [00:18:41] Deep dive into Plasma One’s neo banking model [00:19:59] Why a dedicated stablecoin blockchain is necessary [00:21:41] Gasless USDT transfers and paymaster design [00:23:06] KPIs, incentives reduction, and focus on sustainable growth [00:25:09] Productizing stablecoins across global markets [00:28:24] Key jurisdictions: Turkey, Middle East, and South America [00:29:44] Stablecoins as a geopolitical advantage for the U.S. [00:30:19] Plasma One’s target users and business model [00:32:28] End-to-end infrastructure for cross-border payments [00:33:02] Token value accrual and foundation ownership structure [00:35:05] Competition with Stripe’s Tempo and other players [00:40:26] Distribution strategy vs. legacy players like Western Union [00:42:17] Exchange-to-exchange USDT settlement flows [00:45:13] Paymasters and abstracted gas fees [00:47:44] Why gas fees alone don’t create long-term token value [00:48:41] What makes an L1 token investable [00:52:07] Validator rollout and decentralization roadmap [00:53:41] Echo pre-deposit launch and token sale structure [00:57:25] Fundraising history and major investors [01:00:06] Regulatory risks and market infrastructure bill [01:01:45] Final thoughts: Stablecoins and 2026 outlook  Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/   Plasma: https://www.plasma.to/    Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guest  Paul Faecks, Plasma  X - https://x.com/pauliepunt?lang=en LinkedIn - https://de.linkedin.com/in/paul-f-540895a4/en   Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Yair Cleper, Contributor of Lava Network 30.01.2026 1Std. 1Min.

  In this episode of Level Up, David and Sean sit down with Yair Cleper, Co-Founder of Magma Devs and contributor to the Lava Network. Yair shares his entrepreneurial journey and how Lava Network is building a decentralized RPC protocol that ensures uptime, reduces fragmentation, and supports blockchain infrastructure. He also discusses Lava’s smart routing technology, token economics, the long-term vision of establishing a resilient access layer for Web3 applications, and more.  View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Introduction [00:10:00] Yair’s background, early startup experience, and introduction to crypto [00:12:06] The RPC problem Lava Network aims to solve [00:14:54] Lava token utility and service coordination model [00:16:49] How node operators stake and provide regional coverage [00:18:22] Subscription-based access for wallets and apps [00:21:08] Lava’s SaaS-style pricing tiers and on-chain payments [00:22:56] Provider payouts based on service quality scoring [00:24:59] Fireblocks use case and evolution to smart router [00:26:29] Centralized vs decentralized RPCs and Lava’s advantage [00:29:45] How Lava’s smart router handles outages and false data [00:33:18] Revenue flows from enterprise clients to node providers [00:35:01] Permissionless gateways and network extensibility [00:38:38] Off-chain data routing and on-chain session scoring [00:39:46] Differentiation from other decentralized RPC networks [00:41:51] Key performance metrics: uptime, latency, availability [00:45:48] Protocol growth: revenue, subscribers, and adoption [00:47:55] Lava’s roadmap and vision for scaling infrastructure [00:49:52] Token supply, staking, and reward dynamics [00:53:29] Burn mechanism and protocol deflationary design [00:54:58] Governance process and recent community proposals [00:57:39] Risks, outlook for 2026, and Yair’s closing thoughts  Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/     Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guests  Yair Cleper, Lava Network  X: https://x.com/yaircleper  LinkedIn: - https://www.linkedin.com/in/cleper     Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Amir Haleem, Co-Founder of Helium 23.12.2025 1Std. 24Min.

  In this episode of LevelUp, David and Sean sit down with Amir Haleem, co-founder of Helium and CEO of Nova Labs. Amir shares Helium's decade-long evolution from IoT infrastructure to a decentralized 5G network powering real-world wireless coverage. He breaks down the Helium Mobile business model, how token incentives drive hotspot deployment, and why carrier offload could transform the economics of telecom. The discussion covers network growth, tokenomics, governance, and the future of decentralized physical infrastructure. View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/ Key Points From This Episode: [00:00:00] David and Sean’s opening segment: Helium overview, HNT stats/market context, DePIN comps, and how Helium’s mobile + offload businesses work [00:12:49] Interview begins — Amir joins and frames Helium as a decade-plus journey [00:13:03] From video games to Helium: early career in gaming and esports, meeting Sean Fanning, and the origins of the IoT thesis [00:17:13] The hardest problem pre-crypto: deploying a wireless network at scale without billions in capital [00:21:24] Token evolution: HNT’s role in cold start, Proof-of-Coverage, sub-tokens experiment, and why everything merged back into HNT [00:26:19] Product breakdown: hotspot deployment, carrier offload for AT&T/others vs. Helium Mobile’s subscriber (MVNO-like) business [00:34:03] Helium Mobile unit economics: offload percentage targets, reducing reliance on T-Mobile, and why traditional MVNOs struggle ​​[00:40:21] How the money moves: dollars in → HNT bought and burned → data credits → hotspot payouts at ~$0.50 per GB​ [00:49:30] Carrier offload today: live carrier count, Mexico / Telefónica rollout, DAUs, and daily terabytes of traffic [00:53:10] Tokenomics today: deflationary dynamics, halving cadence, net issuance turning negative, and fundamentals vs. price [01:01:52] Governance and network control: HIP process, vote-locking, why hotspot operators don’t need to stake HNT [01:05:13] Clarifying Helium Mobile vs. offload users and how DAU scales across the network [01:22:35] Final reflections on Helium’s trajectory and closing thoughts [01:23:59] Outro and sign-off Links: The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham Co-Hosts David Grider, Finality Capital - https://x.com/David_Grid Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell Guests Amir Haleem, Helium - https://x.com/amirhaleem Production and editing by The Podcast Consultant - https://thepodcastconsultant.com
• Medici Level Up with Jansen Teng, Co-Founder of Virtuals Protocol 17.12.2025 1Std. 16Min.

  In this episode of Level Up, David and Sean speak with Jansen Teng, Co-Founder of Virtuals Protocol. Jansen breaks down how Virtuals is pioneering the agent-to-agent economy by combining AI agents with blockchain infrastructure. The conversation explores agent tokenization, commerce protocols, and the vision for a fully autonomous digital and physical agent-driven marketplace. They also examine Virtuals' revenue models, current use cases, and future expansion plans.   View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Host intro: David and Sean introduce guest Jansen Teng and Virtuals Protocol [00:17:05] Introduction to Virtuals Protocol and its AI-blockchain thesis [00:18:36] Market traction, metrics, and agentic GDP [00:23:17] Examples of agents on Virtuals [00:27:55] Multi-agent coordination via ACP and flow of funds [00:32:48] Real-world vs crypto use cases and roadmap for Web2 integration [00:36:22] Virtual token mechanics: base pair currency and treasury governance [00:40:14] Supply, issuance, and value accrual strategies [00:44:29] Governance structure and use of vote-escrowed tokens [00:48:17] Competitive landscape: launchpads, agentic frameworks, and AI protocols [00:51:30] Integration with Base and scalability concerns [00:54:40] Attention as the biggest risk and robotics as the next frontier [00:58:24] Performance metrics and upcoming catalysts for Virtuals Protocol [01:02:17] Final thoughts from Jansen on the agentic economy vision Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/     Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital - https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell    Guest Jansen Teng, Virtuals Protocol  X - https://x.com/ethermage LinkedIn - https://www.linkedin.com/in/jansenteng/   Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up with Marcin Kazmierczak, Co-Founder of RedStone 26.11.2025 1Std. 20Min.

  In this episode of Level Up, David and Sean speak with Marcin Kaźmierczak, co-founder of RedStone Finance. They explore RedStone’s modular oracle architecture, its staking model as an EigenLayer AVS, and how the team is positioning across DeFi and institutional markets. Marcin walks through the business model, token utility, and RedStone’s approach to gaining market share in the decentralized oracle space. The conversation also covers near-term catalysts, including RedStone’s acquisition of Credora, its expansion into DeFi risk ratings, and a forthcoming historical data product.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/ Key Points From This Episode:[00:00:00] Introduction to RedStone as a modular oracle and its competitors[00:01:18] Overview of how oracles connect off-chain data to blockchains[00:03:26] RedStone’s market position compared to Chainlink and Pyth[00:06:32] Modular architecture as a differentiator for RedStone[00:07:41] RedStone’s price feed coverage and use cases in tokenized assets[00:08:21] AVS and staking through EigenLayer for data integrity[00:10:40] RedStone’s clients and token utility[00:15:11] Marcin’s background and the origin story of RedStone[00:20:02] Push vs. pull models in oracle design and customer responsiveness[00:26:50] Main products, customers, and fast deployment advantages[00:31:49] Technical and cost differences in push and pull models[00:36:34] Revenue model and how it compares to Chainlink and Pyth[00:43:37] Breakdown of what revenue goes to RedStone vs. token holders[00:50:14] KPIs to track: clients, TVS, and chain support[00:52:41] How RedStone aims to capture more oracle market share[00:56:45] Token supply, staking, and value capture strategy[01:00:49] Implementation of slashing and RedStone’s security track record[01:04:14] Governance structure and the role of the Swiss association[01:06:56] Catalysts: Credora acquisition and historical data product launch[01:11:20] Targeting institutions with data and risk-rated DeFi strategies[01:12:19] Market risks in DeFi and curator-led vault issues[01:15:46] Final thoughts on RedStone’s transparency and growth outlookLinks: The Medici Network: https://www.medici.network/  Podcast Site: https://levelup.medici.network/   Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham   Co-Hosts David Grider, Finality Capital - https://x.com/David_Grid Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell  Guests Marcin Kaźmierczak, RedStoneX - https://x.com/MarcinRedStone LinkedIn -  https://ch.linkedin.com/in/marcin-kazmierczak1 Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/
• Medici Level Up with Nick White, COO of Celestia 12.11.2025 1Std. 21Min.

  In this episode of Level Up, David and Sean are joined by Nick White, COO and founding team member of Celestia. Nick shares how Celestia is building a modular blockchain architecture that separates execution, settlement, and data availability to scale Web3 applications. The discussion explores Celestia’s growth strategy, competitive positioning, and the evolving data availability landscape – including insights on throughput, token economics, revenue, and adoption trends.    View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/   Key Points From This Episode: [00:00:00] Intro [00:01:25] Introduction to Celestia and its market position [00:02:19] Monolithic vs. modular blockchain architecture [00:05:19] Ethereum fee evolution and Celestia’s comparative model [00:07:51] Revenue sources and early usage metrics for Celestia [00:09:22] Supply-side challenges and unlock schedule implications [00:11:28] Market comps and the state of data availability competitors [00:14:10] Investment thesis for data availability expansion [00:16:04] Introduction to Nick White and his background [00:18:32] The modular thesis and architectural vision [00:20:55] Celestia as AWS for blockchains [00:23:40] Transaction flow in Celestia vs. traditional blockchains [00:27:21] Landscape of DA providers and Celestia’s position [00:31:33] Use cases where Celestia outperforms Ethereum [00:35:19] Celestia’s pricing strategy and block space cost structure [00:39:24] Key performance indicators and growth tracking [00:43:44] Current customers and usage pipeline [00:47:42] Revenue potential at 1 million TPS [00:50:04] Tokenomics: TIA’s role in staking and future fee capture [00:54:38] Addressing the DA-as-commodity argument [01:02:37] Timeline and governance for future pricing power [01:06:59] Celestia Labs and Foundation roles [01:07:53] Institutional backers and unlock schedule [01:12:41] Validator incentives under new inflation models [01:14:04] Risks and adoption catalysts moving forward [01:18:56] Final reflections on Celestia’s vision and crypto’s future  Links:  The Medici Network: https://www.medici.network/   Podcast Site: https://levelup.medici.network/     Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham     Co-Hosts  David Grider, Finality Capital: https://x.com/David_Grid  Sean Farrell, Fundstrat Global Advisors: https://x.com/SeanMFarrell    Guests  Nick White, Celestia: X: https://x.com/nickwh8te LinkedIn: https://www.linkedin.com/in/nickwh8te  Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Medici Level Up – Live at SG 25 04.11.2025 39Min.

  In this special Singapore conference edition of Level Up, David and Sean speak with three influential voices across digital assets and institutional investing. Rebecca Woo, Managing Director at Farro Capital, discusses how traditional allocators are approaching digital assets within long-term portfolios. Arthur Cheong, founder of DeFiance Capital, shares perspectives on emerging DeFi opportunities and brand-driven digital assets. Finally, David Schamis, Founding Partner of Atlas Merchant Capital and CEO of Hyperliquid Strategies Inc., breaks down the strategy behind launching a DAT for Hyperliquid and how institutions are beginning to access this evolving ecosystem.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:00] Show introduction[00:01:35] Rebecca Woo introduces Farro Capital and its multi-asset strategy[00:04:13] Evaluating liquid vs. illiquid digital asset opportunities[00:08:27] Comparing digital asset strategies to traditional hedge and venture funds[00:10:17] The challenge of defining alpha in crypto markets[00:14:21] Low institutional adoption due to structural access challenges[00:15:54] Arthur Cheong introduces DeFiance Capital and focus on DeFi[00:16:46] How DeFi has evolved and what's needed for mass adoption[00:17:42] Investment strategy spanning liquid tokens and venture opportunities[00:19:17] High-growth areas: perpetual DEXs and stablecoins[00:22:51] Arthur’s thesis on Pudgy Penguins and meme-based tokenization[00:26:48] David Schamis on bridging private equity and crypto via Hyperliquid[00:28:18] Launching the first major DAT structure for a crypto-native exchange[00:32:25] Addressing supply/demand dynamics around token unlocks[00:36:05] NAV growth through staking and potential ecosystem participation[00:38:14] Hyperliquid’s community-first model and long-term positioningLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellGuestsRebekah Woo, Farro Capitalhttps://www.linkedin.com/in/rebekah-woo-cfa-caia-8725254/ Arthur Cheong, DeFiance Capitalhttps://x.com/Arthur_0xDavid Schamis, Hyperliquid Strategies Inc. / Atlas Merchant Capitalhttps://x.com/dschamisEditing by The Podcast Consultant  - https://thepodcastconsultant.com/
• Medici Level Up with Andrew Keys, Chairman of Ether Machine 27.10.2025 55Min.

  In this episode of Level Up, David and Sean sit down with Andrew Keys, co-founder and chairman of Ether Machine. Andrew discusses why Ethereum is positioned as the backbone of the next internet iteration and breaks down Ether Machine’s unique approach to yield generation, risk management, and growth through strategic M&A. He also compares the DAT landscape, explains Ether Machine’s SPAC strategy, and shares his take on staking, re-staking, and low-risk DeFi. This conversation is essential for anyone following digital asset treasuries and Ethereum-native finance.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:00] Introduction[00:13:00] Andrew introduces the Ether Machine concept and staking strategy[00:14:32] Overview of Ether Machine's position in the ETH DAT ecosystem[00:20:46] Introducing Andrew Keys and his Ethereum background[00:21:24] Andrew’s early role in Ethereum and Consensys[00:28:39] Why Ethereum is the foundation for the next internet[00:32:28] The evolving institutional landscape and blockchain adoption[00:34:38] Comparing Ether Machine to ETFs and other DATs[00:44:07] Ether Machine's SPAC structure and committed capital[00:47:21] SPAC vs. reverse takeover: long-term tradeoffs[00:50:22] Building the Ether Machine team and in-house capabilities[00:53:18] Staking vs. re-staking vs. DeFi: capital allocation plans[00:55:21] Expected yield and how Ether Machine achieves it[00:57:32] Protocols and strategies under consideration for on-chain yield[00:59:08] Risks DATs face in downturns and Ether Machine's mitigation strategies[01:04:12] Capital structure: thoughts on convert and preferred share issuance[01:05:07] Using capital and yield to defend NAV in market downturns[01:06:10] Criteria for M&A opportunities and consolidation logic[01:07:08] Final thoughts on catalysts and Ether Machine’s institutional edgeLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Protocol Guest? Connect with Elmira on X: https://x.com/elmira_yilham Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellGuest  Andrew Keys, Ether MachineX - https://x.com/AK_EtherMachineLinkedIn - https://www.linkedin.com/in/andrewpkeys/Production and editing by The Podcast Consultant - https://thepodcastconsultant.com/
• Live from SG 25 with Vitalik Buterin, Co-Founder of Ethereum 21.10.2025 22Min.

  Recorded live at Medici SG 25 and released as a special episode, David and Sean sit down with Vitalik Buterin, co-founder of Ethereum. Vitalik discusses the evolution of Ethereum’s ecosystem from experimental innovation to “low-risk DeFi”, and how commercialization is shaping its next phase. He also highlights projects like Uniswap, Polymarket, and decentralized social networks as milestones in Ethereum’s growth, and shares his perspective on Layer 2 rollups, institutional participation, and the network’s long-term economic sustainability. View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/ Key Points From This Episode: [00:00:00] Teaser [00:00:15] Show introduction [00:01:02] Vitalik’s perspective on Ethereum’s growing commercialization [00:02:07] Defining low-risk DeFi and its evolution [00:03:43] The relationship between experimental and mature Ethereum apps [00:06:33] Uniswap and other pivotal zero-to-one Ethereum innovations [00:08:39] How to expand low-risk DeFi to 20 million more users [00:10:07] Scaling Ethereum: stablecoins, UX, and Layer 1 upgrades [00:11:28] Vitalik’s view on corporate Layer 2s and ecosystem synergy [00:13:37] Ethereum’s fee structure and potential revenue increases [00:16:14] Explaining ETH’s multi-role asset narrative [00:17:21] Wall Street’s entrance into the Ethereum ecosystem [00:18:33] Concerns around leverage, risk, and staking centralization [00:20:26] Institutional influence on Ethereum governance [00:21:36] Will ETH flip Bitcoin? Vitalik’s response Links: The Medici Network: https://www.medici.network/  Podcast Site: https://levelup.medici.network/   Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham   Co-Hosts David Grider, Finality Capital - https://x.com/David_Grid Sean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrell  Guests Vitalik Buterin - https://x.com/vitalikbuterin   Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/ 
• Live from SG 25 with Arthur Hayes, Co-Founder of Maelstrom 14.10.2025 26Min.

  Captured live on stage at Medici SG 25 and presented as a special episode, David and Sean sit down with Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom, for a candid discussion on market structure, crypto cycles, and today’s allocation playbook.Arthur breaks down Maelstrom’s multi-pronged investment approach, shares thoughts on Bitcoin, Ethereum, perps DEXs, and explains why liquidity drives everything. From market predictions to meme coins, Arthur offers a sharp take on where crypto is heading, and why number go up remains the ultimate marketing strategy.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:00] Teaser[00:00:15] Show introduction[00:01:01] Arthur introduces Maelstrom and their current investment focus[00:02:07] Overview of Maelstrom’s advisory work and major positions[00:03:38] Arthur’s macro and crypto market outlook centered on liquidity[00:05:05] Why Arthur is long beta across assets—from Bitcoin to tech stocks[00:06:00] The HYPE trade: valuation, token unlocks, and competitor dynamics[00:08:35] Reflecting on BitMEX’s 2020 DDoS event and infrastructure evolution[00:10:44] Institutional counterparty risk in CEXs vs. DEXs[00:13:23] Arthur’s Bitcoin Core developer grants and philanthropy strategy[00:14:12] Bitcoin year-end price predictions and speculative cycles[00:15:39] Ethereum’s momentum, DeFi leadership, and possible flippening[00:16:31] Thoughts on the meme coin cycle and token performance[00:17:31] Arthur on adoption, speculation, and number-go-up culture[00:19:24] Outlook on DATs and corporate finance games in crypto[00:22:48] Evaluating the four-year crypto cycle and U.S. monetary policy[00:25:22] Arthur critiques political influence on financial policyLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Guest? Connect with Elmira on X: https://x.com/elmira_yilham Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellGuestsArthur Hayes, Maelstrom - https://x.com/CryptoHayes Production and editing by The Podcast Consultant  - https://thepodcastconsultant.com/
• Medici Level Up with Tom Lee, Chairman of BitMine 03.09.2025 52Min.

  In this episode of LevelUp, David and Sean sit down with Tom Lee, Head of Research at Fundstrat Global Advisors and Chairman of Bitmine. They explore Ethereum’s positioning in global finance, the rise of Bit Mine as a leading Ethereum treasury, and the broader macro environment shaping digital assets. Tom also shares his views on crypto’s long-term potential, decentralization, and how Bit Mine is tackling treasury growth at scale.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:00] Ethereum's macro moment and Tom Lee's take on blockchain's next evolution[00:01:00] Introduction of Tom Lee and Bitmine’s rapid rise[00:02:07] Bitmine’s Ethereum-focused treasury strategy and market impact[00:03:32] Comparing Bitmine to MicroStrategy and its accelerated growth[00:05:13] The role of decentralized finance (DeFi) in traditional capital markets[00:07:28] How Ethereum compares to Bitcoin in institutional utility[00:10:00] Fundstrat’s macro research approach and Tom’s market outlook[00:12:14] Inflation, interest rates, and implications for crypto investment[00:15:48] Institutional adoption signals from ETF filings and policy tone shifts[00:18:35] How Bitmine handles treasury diversification and volatility[00:21:10] The emergence of crypto-native treasuries as new corporate models[00:24:02] Lessons from Tom’s traditional finance background[00:27:45] Regulatory shifts, SEC stance, and potential ETH ETF impact[00:32:14] Why Tom believes Ethereum has long-term structural advantages[00:36:50] Final thoughts on building conviction in digital asset cycles[00:40:28] What’s next for Bitmine and how they’re preparing for future cycles[00:44:10] The importance of macro alignment in crypto thesis development[00:48:22] Closing reflections and Tom’s message for emerging crypto leadersLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Protocol Guest? Connect with Elmira on X: https://x.com/elmira_yilham Guest   Thomas Lee - https://x.com/fundstrat?Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellProduction and editing by The Podcast Consultant  - https://thepodcastconsultant.com/DisclaimerThis podcast is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. The views expressed by the hosts and guests are their own and do not necessarily reflect those of The Medici Network, Fundstrat Global Advisors LLC, Finality CP Management, LLC, or any of their affiliates. Listeners should consult their own professional advisors before making any financial or investment decisions. Some protocol guests featured on this podcast may be annual paid members of The Medici Network. This membership does not imply endorsement by The Medici Network. This podcast does not constitute an offer to sell or a solicitation to buy any securities or tokens. 
• Medici Level Up with Alex Cutler, Co-Founder of Aerodrome 01.08.2025 2Std. 4Min.

  In this episode of Level Up, David and Sean speak with Alex Cutler, Co-Founder of Aerodrome, and Austin Barack, Founder of Relayer Capital. They examine Aerodrome’s unique approach to decentralized exchange (DEX) design and token economics. They cover the Medex model, emissions, token locking mechanics, and Aerodrome’s role as a core infrastructure layer on Base. Austin also shares Relayer’s investment thesis and why Aerodrome stands out in a competitive landscape.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:00] Introduction to Aerodrome’s aligned incentives and yield focus[00:06:03] Overview of revenue growth, transaction volume, and emissions[00:12:15] Comparing token performance with DEX competitors[00:18:25] Austin shares how he discovered and researched Aerodrome[00:24:33] Addressing the DEX trilemma with the Medex model[00:30:39] Token valuation and return of revenue to holders[00:36:43] The team’s alignment through token utility and no vesting[00:42:45] Real-world assets and institutional adoption pathways[00:49:00] How Aerodrome retains liquidity and displaces competitors[00:55:07] Early skepticism around Base and Coinbase’s decentralization[01:01:27] DEX routing from Coinbase expands access to new tokens[01:07:32] Token locking behavior across funds, teams, and protocols[01:13:36] Potential for scaling execution across massive volume[01:20:07] Token supply, inflation, and immutability versus emissions[01:26:27] Case study: bootstrapping a dominant BTC pool on Base[01:32:27] On-chain governance and voting power dynamics[01:38:30] Protocol functionality controlled by token holders[01:44:58] Margin of safety in Aerodrome’s current valuation[01:51:13] Coinbase’s strategy as a front end for the onchain economy[01:57:34] Austin’s price projection based on revenue and growth multiple[02:03:36] Wrap-up and closing remarksLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Protocol Guest? Connect with Elmira on X: https://x.com/elmira_yilham Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellGuests   Alex Cutler - https://x.com/wagmialexanderAustin Barack - https://x.com/austinbarackProduction and editing by The Podcast Consultant  - https://thepodcastconsultant.com/
• Medici Level Up with Sidney Powell, Co-Founder of Maple Finance 10.07.2025 1Std. 32Min.

  In this episode of Level Up, David and Sean sit down with Sidney Powell, Co-Founder and CEO of Maple Finance, alongside Felipe Montealegre from Theia Research. Sidney shares Maple’s journey from tokenized bonds to becoming a major on-chain asset manager offering over-collateralized lending and Bitcoin yield products. Felipe adds an investor’s perspective on Maple’s positioning within decentralized credit markets and what sets it apart from traditional and DeFi lending platforms. Together they analyze Maple’s growth, risk management, and roadmap.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:40] Introduction to Maple Finance and guest intros  [00:17:24] Sidney’s background in debt capital markets and the founding story of Maple  [00:19:02] Maple’s early focus on under-collateralized lending and pivot to over-collateralized lending  [00:19:36] Origin of the “Maple” and “Syrup” branding  [00:21:12] Felipe’s background and Thea’s investment thesis on Maple  [00:25:22] How Maple operates as an on-chain asset manager  [00:28:47] Custody structures and why institutions prefer Maple’s hybrid approach  [00:31:30] Lessons from the 2022 lending crises and Maple’s segregation of risk  [00:34:28] Positioning Maple in the Web3 lending landscape  [00:37:06] How Maple handles collateral, margin calls, and liquidations  [00:42:42] New product growth: Syrup USD and Bitcoin yield products  [00:46:18] Integrations with DeFi protocols and CEX partnerships  [00:49:26] Maple’s competitive edge between TradFi and DeFi  [00:56:23] Wholesale funding relationships and the Cantor Fitzgerald partnership  [00:59:34] Maple’s cost of capital, NIM, and revenue model  [01:05:35] The role of the Syrup token and governance mechanics  [01:09:40] Token supply, staking, and institutional holders  [01:16:06] Final thoughts on Maple’s growth strategy and future outlookLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Protocol Guest? Connect with Elmira on X: https://x.com/elmira_yilham Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellGuests  Sidney Powell - https://x.com/syrupsid?lang=enFelipe Montealegre - https://x.com/theiaresearch?lang=enProduction and editing by The Podcast Consultant  - https://thepodcastconsultant.com/
• Medici Level Up with Adam Winnick, Founder of The Medici Network 24.06.2025 52Min.

  In this special episode of Level Up, David and Sean chat with Adam Winnick, founder of The Medici Network and Finality Capital. Adam shares how Medici grew from a visionary idea into a global community focused on institutional digital asset adoption. He breaks down what sets Medici events apart, explores the evolution of allocators in digital assets, and highlights emerging investment thesis around real-world use cases, re-staking protocols, and digital asset treasuries. Adam also explains how his personal and professional background prepared him to bridge traditional finance and blockchain innovation.View the Full Level Up Podcast Disclaimer Here: https://level-up-podcast-disclaimer.super.site/Key Points From This Episode:[00:00:00] Intro[00:01:36] Adam introduces Medici’s mission and event model[00:03:17] The meaning behind the name “Medici” and its acronym origins[00:06:02] How an allocator comment sparked the idea for Medici[00:07:53] Adam’s background in credit, tech, and founding Medici[00:13:40] How Medici curates its network and selects event participants[00:18:37] The evolution of institutional allocator profiles[00:22:26] Why blockchain is a capital-efficient path to internet reinvention[00:24:03] Comparing venture vs. liquid strategies in digital assets[00:30:23] Re-staking, data portability, and the case for infrastructure bets[00:34:23] Building Finality Capital and launching the liquid fund[00:36:52] The edge of standalone digital asset funds for allocators[00:40:38] Thoughts on stablecoins, RWAs, and American financial dominance[00:43:40] What’s next for Medici: expanding team, events, and product roadmap[00:46:45] Why allocators should dig into real world use cases[00:47:28] A call to build: insurance, AI, and the power of zk-TLSLinks:The Medici Network: https://www.medici.network/ Podcast Site: https://levelup.medici.network/ Interested in being a Protocol Guest? Connect with Elmira on X: https://x.com/elmira_yilham Real-World Apps & zk-TLS: https://x.com/David_Grid/status/1891956672865652756 Co-HostsDavid Grider, Finality Capital - https://x.com/David_GridSean Farrell, Fundstrat Global Advisors - https://x.com/SeanMFarrellGuestAdam WinnickX: https://x.com/adam_winnick?lang=enLinkedIn: https://www.linkedin.com/in/adam-winnick-36316a1 Medium: https://medium.com/@adam_winnickProduction and editing by The Podcast Consultant  - https://thepodcastconsultant.com/DisclaimerThis podcast is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. The views expressed by the hosts and guests are their own and do not necessarily reflect those of The Medici Network, Fundstrat Global Advisors LLC, Finality CP Management, LLC, or any of their affiliates. Listeners should consult their own professional advisors before making any financial or investment decisions.Some protocol guests featured on this podcast may be annual paid members of The Medici Network. This membership does not imply endorsement by The Medici Network. This podcast does not constitute an offer to sell or a solicitation to buy any securities or tokens.
• Medici Level Up with TN Lee, Co-Founder of Pendle 06.06.2025 1Std. 26Min.

  In this episode of LevelUp, co-hosts David and Sean speak with TN Lee, CEO and co-founder of Pendle, and Louis Thomazeau, Investment Partner at L1D. TN shares how Pendle enables fixed yield and yield speculation through PT and YT token mechanics. Louis outlines L1D’s thesis around Pendle’s resilience, product-market fit, and unique token design. The discussion also explores Pendle’s future product roadmap, the upcoming launch of Boros, evolving stablecoin markets, and how Pendle positions itself within a growing DeFi landscape.View the Full Level Up Podcast Disclaimer HereKey Points From This Episode:[00:01:34] TN Lee shares his background, early career at Kyber, and what sparked the idea for Pendle[00:04:50] Louis Thomazeau discusses his transition from Solidity developer to DeFi investor and how he discovered Pendle[00:06:57] TN explains Pendle’s core mechanics: splitting yield-bearing assets into principal (PT) and yield tokens (YT)[00:09:00] Louis outlines L1D’s investment thesis around Pendle: strong team, token design, product-market fit, and sector potential[00:14:15] Discussion on Pendle’s long-term strategy and market size, comparing to the scale of traditional interest rate derivatives[00:14:30] TN walks through the three types of users in the Pendle ecosystem and how they interact with PT and YT[00:18:25] Comparing Pendle’s DeFi model to TradFi, with a focus on its AMM innovation and capital efficiency[00:20:10] Recap of Pendle’s adoption journey: traction via LSTs, expansion into stablecoins, and driving new use cases[00:26:30] Future roadmap: Pendle V2, self-listing portal, expanding to non-EVM chains, and institutional product support[00:33:35] Introduction to Boros, a leveraged yield swap protocol targeting funding rates — a zero-to-one product[00:39:55] Metrics that matter: TVL, trading volume, and annualized fees; Pendle’s resilience across market cycles[00:49:15] Explanation of Pendle’s revenue streams, token mechanics, and value accrual through vPENDLE[00:53:15] Circulating supply breakdown, emissions schedule, and how governance currently functions[00:56:45] Why Pendle stands out in the DeFi token landscape, with a focus on supply/demand and long-term token utility[00:59:30] Regulatory outlook: stablecoin legislation and how it may benefit Pendle’s role in the crypto fixed income space[01:04:00] Competitive landscape: how Pendle stays differentiated through user focus and distribution[01:05:55] Final thoughts: upcoming catalysts like Boros, and the biggest internal risk — complacencyLinks:The Medici NetworkMedici Presents: Level UpCo-HostsDavid Grider, Finality CapitalSean Farrell, Fundstrat Global AdvisorsGuests   TN Lee, PendleL1D Production and editing by The Podcast Consultant DisclaimerThis podcast is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. The views expressed by the hosts and guests are their own and do not necessarily reflect those of The Medici Network, Fundstrat Global Advisors LLC, Finality CP Management, LLC, or any of their affiliates. Listeners should consult their own professional advisors before making any financial or investment decisions.Some protocol guests featured on this podcast may be annual paid members of The Medici Network. This membership does not imply endorsement by The Medici Network. This podcast does not constitute an offer to sell or a solicitation to buy any securities or tokens.
• Medici Level Up - Live at LA 25 30.05.2025 1Std. 11Min.

  In this special conference edition of Level Up, David and Sean broadcast live from Medici LA 25, diving into conversations with top voices in digital asset journalism, institutional allocators, venture fund managers, and blockchain innovators. Guests include Charlie Gasparino from Fox Business Network, Eleanor Terrett from Crypto in America, Ben Jacobs from Scenius Capital, Joe Marenda from Cambridge Associates, Paul Veradittakit of Pantera Capital, Alex Pack of HackVC, Smokey from Berachain, and Chris Johnson of Virtuals Protocol. Topics range from regulation and market structure to tokenized AI and fund allocation strategies.View the Full Level Up Podcast Disclaimer HereKey Points From This Episode:[00:00:00] Intro[00:02:31] Eleanor Terrett and Charlie Gasparino on their journalistic journey into crypto[00:07:18] Covering the Ripple case and evolving crypto regulation under Gary Gensler[00:10:52] Institutional perceptions of crypto and mainstream investment trends[00:13:36] Comparing Medici LA with Milken Conference and shifting political representation[00:18:11] Status of stablecoin and market structure bills in Congress[00:21:03] Allocator insights with Joe Marenda and Ben Jacobs on crypto GP-LP dynamics[00:24:18] Communicating blockchain business models to traditional allocators[00:27:23] Cambridge’s development of digital asset benchmarks and venture returns[00:29:57] Framing crypto allocation in a volatile macro environment[00:32:08] Comparing crypto hedge fund vs. venture capital structures and returns[00:35:01] The evolving VC landscape and token launch trends[00:37:50] Market structure clarity as a driver for institutional capital inflow[00:38:30] Liquid vs. venture performance expectations over the next 3–5 years[00:43:38] Fund gating and capital call strategies to mitigate buy-high/sell-low behavior[00:45:09] Paul Veradittakit of Pantera on investment focus areas including AI and tokenization[00:47:27] Medici as a platform for reconnecting, allocator education, and portfolio visibility[00:48:56] Shift in institutional comfort and optimism around digital assets[00:50:23] Alex Pack and Smokey discuss Berachain, community, and protocol value alignment[00:56:34] Emphasizing network effects, proof of liquidity, and dApp incentives on Berachain[00:59:17] Chris Johnson introduces Virtuals Protocol and tokenized AI agents[01:00:23] First-time experience at Medici and community validation of agent projects[01:02:51] Billy Betts: a tokenized autonomous sports betting AI on-chainLinks:The Medici NetworkX.com LinkedIn WebsiteCo-Hosts David Grider, Finality Capital Sean Farrell, Fundstrat Global AdvisorsGuests   Charlie Gasparino, Fox Business NetworkEleanor Terrett, Crypto In AmericaJoe Marenda, Cambridge AssociatesBen Jacobs, Scenius CapitalPaul Veradittakit, Pantera CapitalAlexandar Pack, Hack VCSmokey The Bera, BerachainChris Johnson, Virtuals Protocol Production and editing by The Podcast Consultant  DisclaimerThis podcast is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. The views expressed by the hosts and guests are their own and do not necessarily reflect those of The Medici Network, Fundstrat Global Advisors LLC, Finality CP Management, LLC, or any of their affiliates. Listeners should consult their own professional advisors before making any financial or investment decisions. Some protocol guests featured on this podcast may be annual paid members of The Medici Network. This membership does not imply endorsement by The Medici Network. This podcast does not constitute an offer to sell or a solicitation to buy any securities or tokens.