BILLIONAIRE TRUMP BACKER TO LAUNCH CRYPTO BANK! - podcast episode cover

BILLIONAIRE TRUMP BACKER TO LAUNCH CRYPTO BANK!

Dec 06, 202514 min
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Episode description

Crypto News: New Crypto Bank to be Unveiled by Billionaire Trump Backer Andy Beal. AI-powered studio Mugafi partners with Avalanche to tokenize entertainment IP. Turkey’s Paribu to buy CoinMENA in deal worth up to $240 million, adding Dubai and Bahrain licenses. Brought to you by ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/

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⏰ Time Stamps ⏰
00:00 Intro
00:40 Billionaire Crypto Bank
01:49 Fidelity & Indiana Bitcoin 
03:04 Tokenization Avalanche Avax
05:07 BeatSwap Tokenization 
08:10 WisdomTree Ethereum Staking ETF 
09:27 Turkey Crypto Exchange acquisition 
10:58 SpaceX IPO 2026 Bull or Bear market 
================================================= 
#Crypto #Avax #Tokenization #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= 
The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing ================================================= 
Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with th

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Transcript

Intro

Speaker 1

A billionaire Trump supporter is about to launch a crypto bank. This is really big, and there's a major tokenization initiative happening on the Avalanche blockchain and a very large crypto exchange acquisition you need to know about. I'll give you the details. Let's get into it. Hey, everybody, welcome into the Thinking Crypto podcast. You're home for cryptocurrency news and interviews. I'm your host, Tony Edward. On your way in. Please let that subscribe button as well as the thumbs up

button and leave a comment. Blow 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

Billionaire Crypto Bank

very big news coming out about a new crypto bank that is to be unveiled by a billionaire backer of Trump. President Trump, that is, and his name is Andy Beale. So the news says they want to establish a new federally chartered crypto bank called Monet Bank. So this is interesting. I wonder what they're going to be up to here.

Obviously it's going to be crypto related, but I'm curious if it's going to be different from what we've seen so far in the market, because this person I honestly didn't know who he was and I had to look him up. So Andrew Bial he has his own bank called bial Bank USA or bill Bank, and I guess those are the two names. He's the founder and chairman of both. And obviously he's a billionaire, so he's got money, he's got banking experience. So we do have to wait

a bit to hear all the details. But this is very interesting. And if you have banks being established at a crypto focus, you know what that means, folks. More on rams being built, more liquidity coming into the market, and competitions heating up here, which is really great for the crypto market. But this seems like it's going to be something really big moving ahead. Fidelity's CEO, Abigail Johnson

Fidelity & Indiana Bitcoin

says she still holds bitcoin, and she was speaking at a conference and she said it will continue to play a role in this savings hierarchy. Now, Abigail has been on record that Fidelity has been mining bitcoin for a long time. Remember she talked about having a mining rig on her desk and much more so. They've been at this for a long time. So great to hear that she's still very bullish. You don't often hear from her as much as you do Larry Fink of black Rock

and so forth. But once again, Fidelity has been in the crypto industry doing a lot of testing and working on this technology in the very early days before they made it public. Eventually they told the story and we found out they've been at this since like twenty thirteen. Now, speaking of bitcoin, Indiana House introduces a bill that would allow pensions to invest in bitcoin. Most recently Texas. They bought bitcoin right and they bought the ETFs because that's

the easiest way for them to go about it. So we are seeing different states looking to do this, and it's just a matter of time, you know that all of them do. It's game theory, right, one domino folds and the other are going to follow after that. So this is very bullish, and you know, I often state it starts a bitcoin and then eventually they will move to all coins. Now look at this news. It's around

Tokenization Avalanche Avax

Avalanche or the avax token, which is the native token of the Avalanche blockchain. AI powered studio Mugafi partners with Avalanche to tokenize entertainment IP so, folks, we're seeing almost everything getting tokenized. On chain. But we know blockchain is going to power the future economies, governments, and markets. The blockchain rails will be used, so it's no surprise that these different aspects of society, different verticals and industries are

all integrating blockchain technologies. So Mugafi, an AI driven platform for entertainment intellectual property, has partnered with Avalanche to tokenize firms, anime, music, and other media assets, allowing creators to finance and distribute projects directly on chain. The initiative will draw from Mugafhi's catalog and upcoming films. According to the company, it's AI systems, trained on thousands of scripts story structures help evaluate projects

before they are brought on chain. For financing, Muggafi and Avalanche plan to finance more than ten million dollars in entertainment IP. The company said their long term target is to exceed one billion dollars in annual IP financing throughput. Avalanche said the partnership aims to demonstrate how its network can support large scale, real world asset issuance. The companies plan to use Avalanche's infrastructure to fund, track, and distribute

entertainment projects on chain. Huge News here one tokenization continues, right, and we're seeing again different types of assets and content or whatever it may be, getting tokenized on the blockchains. Second, this is very big for Avalanche. I'm an AVAX token holder. I don't have a huge bag or anything like that. I am diversified and I do have some AVAX. I

believe Avalanche will be one of the winners. Guys, they are getting a lot of adoption, so it's not possible to hold every token, but you know, you want to look for the chains that are getting real world adoption. People are building on them, and you know, take your bets accordingly. Now, speaking of tokenization, licensing to earn protocol

BeatSwap Tokenization

turns intellectual property rights into RWA's. So here's another example of IP, you know, getting tokenized. So beat Swap, a full stack infrastructure that brings IP rights on chain, recently launch its first platform. So this is really great. You know, they're targeting the creator economy. They're targeting artists, music, movies and all that, similar to the Avalanche tokenization here. So

web three platform. Beat Swap presents a blockchain based solution that removes the middleman from the process and puts both creators and the audience in the driver's seat of the creator economy. So this is a preview of what's the com folks. The a lot of middlemen and middleman fees getting cut out where you can interact directly through the blockchain, and you know, the traditional setup of some of these

things are going to be gone. So unlike non fungible tokens NFTs, a widespread method for tokenizing ip RWAs can be fractionalized. This means both the creator and the fans can have a stake in the ip and gain a right to its appreciation and revenue stream. Alongside royalties paid out in USDT, participants also receive BTX, the ecosystem's native token, through the licensing to earn mechanism, adding an additional layer

of rewards. Beat swap utilizes decentralized physical network DEEPEN infrastructures to track usage data and takes monthly snapshots to determine distributions. Constant on chain records allow all parties to gain a transparent view of how each work is used, how much revenue it generates, and how loyalty payments are shared. Again, folks,

this is the future and what you may see. You know, some of these companies, these startups and so forth, like beatswap, They're not going to come in and take over an industry, but rather traditional industry players may acquire them and integrate the technology. You know, it's kind of what we've seen

in Web two. But you know, you never know, there could be some of these startups which are game changing, and you know, the present such an incredible solution that the masses the consumers start gravitating to them and they become the powerhouses, right, folks. Quick word from our sponsor, and that is v chain. V chain is one of the top Layer one enterprise blockchains out there. They're getting

adoption by many companies and brands across the globe. V chain has five million plus active users, three hundred and fifty applications built on it, and has been around since twenty fifteen. They're partnering with Dana White and the UFC. This year Data whitesid he bought a million dollars in the VET token. I'm a VET token holder, I have

been since twenty eighteen. Folks. I'm bullish on this project and some of the key features of the v chain blockchain includes it is a fast, sustainable, scalable, secure, compliant and purpose led and some of the brands that have worked with v chaining include Boston Consulting Group, BMW Walmart, China, PwC, and many more. So if you'd like to learn more about v chin, go to v ching dot org. Link would be in the description. Now check this out. Wisdom

WisdomTree Ethereum Staking ETF

Tree first to market with etherorem staking fund using Loido's steth So wisdom Tree they've been a trati fi player and they're now entering crypto, launching bitcoin etherorem ETFs and so forth. I recently interviewed Will Pack of wisdom Tree at chain Link smart Con, so they're doing a lot of great things and this is interesting that they're using lotos staking setup. So wisdom Tree introduced an etherorem based exchange traded product in Europe that earns staking rewards using

the decentralized Loto protocol. The wisdom Tree Physical Loto steak ether ETP debut Thursday under the ticker l I s T holds only st eth So you're having dedicated staking ETFs here and this is going to be launch for all the proof of steak blockchains, Solana and Cardanom and much more. Really great to see all of these on rams being built globally, not just here in the United States.

And in fact, the United States is kind of catching up to the rest of the world because in the EU and some other jurisdictions, at Canada, you had these products for the most part live they were ahead of the United States. And now the United States is catching up with folks. I hope you see what's happening here right the financialization of these crypto assets and on rams being built globally. Now here's some very big news. This

Turkey Crypto Exchange acquisition

is a huge acquisition. Turkey's Paraboo to buy coin Mina in a deal worth up to two hundred and forty million dollars, adding Dubai and Bahrain licenses. So huge acquisition here. Powaboo has acquired coin Mina, the largest local crypto exchange in the Middle East and North Africa, in a deal valued at up to two hundred and forty million dollars as the Turkish company seeks to expand its cross border presence.

The move gives Paraboo, already one of Turkey's leading crypto and fintech players, immediate license access to two of the region's most active regulatory regimes. The company is announced in a statement on Thursday through Cooinmina powaboot inherits a broker dealer virtual Assets Service Provider license. Wow, that's a mouthful from Dubai's Virtual Assets Regulatory authority and a crypto Asset Service Provider license from the Central Bank of Bahrain. So, folks, again,

the expansion the m and A is heating up. The investments game. Theory is playing out here. No one wants to get left behind. Everybody's expanding. They know this asset class is very young. It's going to continue to grow. People are going to invest in it as legislation and all these things roll out across the globe, and it's going to become a massive, massive asset class because you're seeing the traditional assets as we were talking about tokenization

are being brought on chain. So all that's going to fall under the umbrella of digital assets and crypto. So this is really really big, folks. I want to highlight something.

SpaceX IPO 2026 Bull or Bear market

This is the final news items. SpaceX is planning to do an IPO and when twenty twenty six goes back to the theme I've been sharing with you all. We have AI companies, you have traditional tech companies, and you have crypto companies all looking to do IPOs in twenty twenty six. You have the SEC chair saying we want to make IPOs great again and have more of it in twenty twenty six. But a lot of people are saying we're in a bear market. That's it. The stock

market is top out, cryptos topped out. Something is not adding up here, And I'm just sharing the news here. And look, I don't have a crystal ball, but I've been saying there are bearer signals on the charts, but the macro these news items here and of what the Fed is doing and the end of quantitative tightening and continue ray cuts are all signaling there's still more in this bull market. But look, I may be wrong, but again I'm just sharing the facts of these companies are

looking to go public. You got open Ai, you get in a crypto market, Securitized, Grace, Kraken and others. So why the dichotomy, right? And this is why it's almost leading me to think of this pullback we're seeing right now, it's a deep correction. What is just a local top correction right that we will continue and there's still a blow off top left in this market. But who knows

all right, I don't have a time machine. I wish I did, But even know, I've given the example of Biff in Back to the Future, right, where he gives his younger self the all sports almanacs, so he knows the future outcomes of the games. I wish I had something like that for crypto and even the stock market, right, But unfortunately we don't. But you know, we can look

at the facts. We can look at the data, the charts and so forth, and form our thesis and use the facts right, and the data versus our feelings and emotions and gut feelings. So again, what the hell is happening? Why is SpaceX looking to do an IPO? Who the hell goes public in a bear market? No one? Because liquidity is usually dried up, right, investors don't have money and there's not you don't get the same valuations. So again, if you read between the lines, put your put your

thinking cap on here. How what's happening we? I think if we're in a bear market area, it means that you know, twenty twenty six is going to be worse, right, But it says where we're gonna have to wait and see. I'm still you know, leaning towards the bullish side. So you guys, let me know what you think if you agree with me. You know, do you have an explanation

to the bearish folks? Do you have an explanation of why these companies are looking to go public in twenty twenty six if we're entering a bear market right, or if some of you say we are already in a bear market so it just doesn't make sense. Let me know what you think. Leave your thoughts comments below hit the thumbs up button. A great way to support the podcast is by subscribing to my free email newsletter. It is one hundred percent free. Check out the link in

the description and check out my book on Amazon. It's available in paperback, in digital, and my course at Mycrypto course dot com. Folks, thank you for tuning in. I appreciate you all. In all, I'll talk to you all later. M hm

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