¶ Intro
Hey, everyone, Welcome into the Thinking Crypto podcast. I'm your host, Tony Edward on your weight in. Please let that subscribe button as well as a thumbsup button and leave a comment. Blow If you're listening on a podcast platform such as Spotify or Apple, please be sure to follow and leave a five star rating. Okay, folks, let's kick it off with some news from Harvard. So Harvard Endowment has reduced
¶ Harvard BTC & ETH Etfs
their steak in bitcoin ETFs and added exposure to the Etherorem ETF. This is a very interesting move. So they haven't completely dumped their bitcoin ETFs, it's just that they're reducing that side of it and going into an all coin, which is Etherorem. This is very interesting, especially in the context of what I've been reporting recently of black Rock investing in uniswap, buying the tokens, moving their money market
fund on the decentralized exchange. But uniewap's token is considered an all coin, and you have Citadel investing Layer zero. Yesterday we talked about Apollo investing in Morpho tokens, another all coin. So something interesting is happening here, and it could be there's going to be a big narrative around DFIVE and all coins as Bitcoin. Let's say, for example, the relief rally we're looking at that may be coming
very soon. You know, all coins could outperform Bitcoin, so Ether, x RP and others could outperform Bitcoin, but we're gonna have to wait and see. There's no guarantees there. But nevertheless, these are some very interesting moves, so let me give it to details. The Harvard Management Company, which manages the university's endowment, has reduced its stake in Blackrock Spot Bitcoin exchange traded fund and opened a new position in the
asset Management Company's Ether ETF. In a Friday filing with the SEC, Harvard's endowment reported that it had reduced its positions in the black Rock I Shares Bitcoin ETF to two hundred and sixty five point eight million dollars as of December thirty first, down from four hundred and forty two point nine million in Q three of last years. Means mark the company offloading more than one million shares of the ETF to five point four million in Q
four from six point eight million in Q three. But in this reduction they have added exposure or purchased more than three point eight million shares of Black Rocks I shares etherorem Trust valued at about eighty seven million dollars as of December thirty first, So very interesting move here. And again they're not completely reducing their exposure to bitcoin, but just updating their portfolio diversifying a bit. So this is very interesting. Now, moving ahead, tokenize RWA's climb thirteen
¶ Tokenized RWA increases
point five percent despite the one trillion dollar crypto market drawdown. So despite the crypto volatility and the bear market, the building continues, and this is why I'm macro bullish. Guys. All of the major institutions, the banks, the stock exchanges, the payment companies are all building. But remember markets are cyclical, right, so a lot of building usually happens in the bear market.
So it's very good to see this. And I've been saying that I believe once the Crypto Market Structure Bill is passed and then we enter into a bull market phase again, we're going to see the supercycle. And I
honestly believe that. I'm not saying that to hype you guys up, but seriously, look at the adoption we're getting, and once you have legislation that's going to unlock a lot more innovation, plus a lot more capital to be invested, so demand for tokenized real world assets continued to grow over the past month, even as broader cryptocurrency markets faced
heavy selling pressure. Underscoring the sector's resilience and growing institutional footprint, the total value of on chain RWAs increased the thirteen point five percent over the past thirty days, according to data from RWA dot xyz. The increase reflects both higher asset issuanes meaning more tokenized securities brought onto public blockchains, and growth in the number of unique wallet addresses holding
these assets, signaling banding participation. As of February sixteenth, all major blockchain networks tracked by RWA dot xyz recorded increases in tokenized ACID value, led by Ethereum with roughly one point seven billion dollars in net growth, followed by Arbitrum at eight hundred and eighty million dollars and Solana at five hundred and thirty million dollars. The figures refer to the increase in total unchain value of tokenized assets issued
or circulating on those networks. By the way, folks, bookmark this site RWA dot xyz. That's where you can go look at many different blockchains like the ones mentioned, even the XRP Ledger and Cardano and others, right, so you can see what's being built and that's updated on a daily basis. So this is really great data and really great to see building is continuing to happen again despite the price conditions that we're in right now. And here's
another example. Citybank is quietly building its crypto wealth business.
¶ Citi Crypto Wealth
So here is another LinkedIn job post from a major institution. Yesterday we talked about Charles Schwab and they're looking to hire people to build out their stable coin business. And here City Bank has the title or the job title as Wealth CIO Digital Assets Specialism Senior Vice President. So all of these institutions are hiring the respective talent to build out their divisions and this segment of their business. Folks, that's a huge tell, right, So they're not just giving
lip service here. They are seriously looking to build and we're seeing a lot of news. You know they're going to launch their stable coins, custody and all these things, but you need the talent. So this is why again i'm macro bullish, because these things are still being set up. So what do you think is going to happen as all of these institutions start building on public blockchains, because we know public blockchains is the way, right, that's where
the settlement happens, That's where the liquidity is. JP Morgan and some of these folks who try to build the wall gardens have learned lessons and even if they keep those private permission chains in house, they have the bridge to the public chains. So the mandate spans product strategy, commercialization, and client engagement as crypto moves deeper into private wealth. So we're going to see this type of activity skyrocket once the Crypto Market Structure Bill is passed. Okay, moving ahead,
¶ Wintermute Tokenized Gold
Winter Mute launches institutional tokenized gold trading. Expects market to reach fifteen billion dollars in twenty twenty six. So we know all assets are going on chain, guys, right, all the major asset classes, precious metals, stocks and equities, real estate and gold. You know it's a big one. They're gonna have tokenized silver as well. So now Winter Meat, which is a market maker, and many of you in the crypto industry may know of Winter Mute now offering
tokenized gold. Guys, the future markets economies and governments will all run on blockchain rails. So winter Meat has launched the institutional OTC trading for tokenized gold products such as pax G and xau T. Winter Meat CEO Evgeny GAYVOI, if I'm saying that right projected, the sector could expand to two point eight x to fifteen billion dollars in twenty twenty six, even as broader markets remain subdued. So this is what you want to see, right, the infrastructure
being built around RWA tokenized assets. And again these things are being tokenized on public blockchains, right, So and you can obviously, you know, utilize these tokenized assets for different things. I'm waiting personally for when they open up DeFi where you can do certain boring and lending around them, and you can do that globally. So I think that's going to be the big value proposition that a lot of people are going to take advantage of, folks. This episode
is brought to you by v Chain. V chain is one of the top layer one enterprise blockchains in the industry, getting of a lot of adoption. I am a VET token holder. I have been for many years on bullish on this project. They are working with Dana White in the UFC. Last year, Daana whitesid he bought a million
dollars in the VET token. They're working with companies and brands such as Boston Consulting Group, Walmart, China, BMWPWC and many, many more, and many different enterprises are using v Chain's blockchain to build really cool ecosystem or web three ecosystem items where it includes rewards for example doing environmentally safe
things and staying healthy and exercising and so forth. So it's really cool and I think these type of initiatives are the future where people are going to be rewarded with tokens and participating in ecosystems and be incentivized to do so. Check out v chain guys. Again, I am a token holder and you can also steak the token on stargate. So if you'd like to learn more, go to v chain dot org. Link will be in the description. Okay,
¶ Nexo US Crypto services
now here's some good news. Crypto services platform Nexo relaunches in the United States. So Nexo, they had exited the US in twenty twenty two that was under you know, the very hostile environment with Gary Ginser and much more. And I don't blame them for leaving. Right, that was a hard time and a lot of companies were getting sued.
So they said now, citing improved regulatory clarity for digital assets in the US, The rebooted Nexo platform will offer flexible and fixed term yield programs, a spot cryptocurrency exchange, crypto backed credit lines, and a loyalty program for US users. Nexo's head of communications eleanor Genova toll Coin telegraphs, so this is really great more options, right, Competition is healthy
and it helps the consumer to have more options. And so I don't recall using the Nexo platform, but I remember, you know, hearing of them during the early days of cryptos. So really great that they're back in the US. Now.
¶ OKX EU license
Okx Exchange secures an EU payment license to expand stable coin services. So the race is on amongst all these crypto platforms. In ext gangy just to get as many licenses as possible to set up shop across the globe, because it's a race, right, everybody wants to get as much market share because we are still in the early innings of the adoption of blockchaining crypto. So ok x has obtained a payment institution license in Malta. The company
toll Coin Telegraph on Monday. The authorization is issued under the European Union's Payments Framework and is designed to bring okayx's payment products into line with requirements under the Block's Markets in Crypto Assets Regulation or the AMIKA Regulation and the second Payment Services Directive. So big news here for okax Exchange. And here's another example. Animoga Brand secures Dubai
¶ Animoca Brands Dubai License
crypto license to expand services in the Middle East. Now, many of you may recall I interviewed the founder and CEO of Animoga Brands and that's Yatsu very very brilliant man, and I always enjoyed speaking to him. And Animoka Brands is huge in the Asian markets. They're one of the powerhouses in crypto, making huge investments in blockchain and crypto tech. And here you know, getting their licenses expanding. So very very bullish. And look at this. Hong Kong regulator approves
¶ Hong Kong Crypto license
first crypto company license since June. So they granted the license to Victory Fintech. Never heard of that. There are now twelve approved platforms on the Securities and Futures Commission Registry of Approved crypto firms. So we are seeing across the globe, they're not banning crypto, putting the guardbils in place, putting the rules and regulations, giving companies licenses that meet a certain standard, right, because we don't want people to
also go around scamming people. Remember Celsias, remember FTX, Right, we need to have regulated institutions. However, there's a balance there, right, because here in the United States, we're still trying to find that balance. Banks want to stop stable coe yield. They also don't like DeFi but we got to find to balance and I think we will. We just have
to be patient and let all this set up. And again, this is all setting up for that super cycle, right guys, So just be patient and make sure you have the macro view. Final news item here Germany's Central Bank president
¶ EU CBDC & Stablecoins
touts stable coin and CBDC benefits for the EU. Again, the future economies, markets and governments will run on blockchain rails. And you're seeing the narrative being flipped here. And look, CBDCs are going to be a part of it. I'm not saying I like CBDCs or I endorse it, just this is the nature of the beast. Here in the United States, there have been steps or certain legislation put into place to try to stop CBDCs. But one could argue stable coins almost do the same thing as CBDCs.
But that's a conversation for another day. But other countries are going to push for CBDC. So you and your respective country wherever you're listening from, need to then, you know, make sure you watch it closely and push back if needed. You know, if there's things that are draconian that will
take away your privacy and much more so. The president of Germany Central Bank, I'm going to butcher his name, yo, Kim Nagel if I'm saying right, supported the introduction of a Europegate Central Bank digital currency and a Euro denominated
stable coins for payments. In remarks prepared for a speech at the New Year's Reception of the American Chamber of Commerce in Frankfurt on Monday, Nagel said EU officials were working hard toward the introduction of a retail CBDC euro denominated stable coins, according to the central Bank president, could also contribute to making your more independent in terms of payment systems and solutions. So again, do you see the
direction of Puck is heading here? Guys? The token economy despite the bull and bear market cycles still being built, still being established, and you know, maybe by twenty three, once we have all the legislation in plays that maybe that is where we see that supercycle. Right. But nevertheless, just like the Internet and other technologies, they're embracing it, they're regulating it. The taxman's going to take his cut. Of course, there's gonna be a lot of jobs created
out of this. The big institutions are building with the public blockchains, and that's where you want to look at which blockchains are getting adopted and hold those respective tokens. So, folks, that's the news. Let me know what you think. Leave your thoughts and comments below. Hit the thumbs up button. Subscribe if you haven't as yet, be sure to subscribe to my free email newsletter. It is one hundred percent free on substack. Today I put out a write up. Be sure to check it out. I put a lot
of chart data in there. Guys. Again, it's free, you don't have to pay anything, so check it out. And also grab a copy of my book on Amazon. It's available in paperback in digital. And check out my course at Mycrypto course dot com. This is a comprehensive course that teaches you everything you need to know about crypto folks. Thank you so much for tuning in. I appreciate you all, and I'll talk to you all later
