Crypto’s Rebirth Moment | Tushar, Shayon and Spencer
Gm! In this episode we are joined by Tushar Jain, Shayon Sengupta and Spencer Applebaum from Multicoin Capital to discuss their updated crypto investment thesis, emphasizing blockchains as infrastructure for global financial markets. The conversation explores themes including stablecoin-driven fintech, DeFi integration with traditional apps, tokenized assets, credible neutrality in blockchains, venture opportunities, evolving crypto market cycles, and emerging application experimentation.
Enjoy!
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Join us at DAS (Digital Asset Summit) in New York City this March! Use the link below to learn more, and use code LIGHTSPEED200 to get $200 off your ticket! See you there!
Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-nyc-2026
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Timestamps:
(0:00) Introduction
(2:39) Multicoin Update
(9:18) Multicoin’s New Crypto Thesis
(14:26) FinTech 4.0 & Stablecoins
(20:45) The DeFi Mullet Model
(25:02) Credibly Neutral Blockchains
(32:06) Where Multicoin Is Investing
(37:10) The Current Crypto Market
(42:46) Venture Opportunities in Crypto
(53:06) Closing Comments
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Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation.
Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Danny, and our guests may hold positions in the companies, funds, or projects discussed.
Crypto’s Rebirth Moment | Tushar, Shayon and Spencer
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