
What Wall Street Actually Wants from Crypto | Bart Smith & Laine Litman
On today's Talking Tokens, Jacquelyn sits down with Bart Smith and Laine Litman, CEO and COO of AVAT, the Avalanche Treasury Company, two traditional finance veterans who both spent years watching institutions talk about crypto before finally deciding to go all in themselves. Bart and Laine get into what makes AVAT different from the pile of treasury companies trying to copy the MicroStrategy model, and why their bet is on giving investors exposure to the whole Avalanche ecosystem rather than just stacking the token. Institutional conversations almost always start as investment discussions and quickly turn into implementation discussions, but the Clarity Act might be the unlock most people aren't paying close enough attention to. TIMESTAMPS 02:49 From ETFs to Crypto 05:48 Laine's Path from Voice Trading to Blockchain 09:00 Why AVAT Is Not Another MicroStrategy 13:40 The Private Market Problem 14:57 What Institutional Conversations Look Like Right Now 28:43 The Role of Debt Structure in a Bear Market 35:39 AI, Agentic Payments, and What to Watch in 2026
You can subscribe to the podcast on Spotify, Apple or YouTube. If you enjoy the show, please leave a review — it really helps. Spotify: https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZ Apple Podcasts: https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141 YouTube: https://www.youtube.com/@TalkingTokens Follow us on X Jacquelyn: / jacqmelinek Talking Tokens: / _talkingtokens Follow us on Instagram / _talkingtokens Note: This podcast is for informational purposes only. Views shared are opinions, not financial advice. The host or guests may have financial interests in discussed content.
What Wall Street Actually Wants from Crypto | Bart Smith & Laine Litman
Subscribe & Listen
The 4 Things That Need to Happen Before AI Agents Can Actually Spend Money | An Agentic Payments Explainer
Why Focusing on Tailored Approaches in Emerging Markets is the Move | Torab Torabi
More from Talking Tokens

What Hyperliquid Could Change About Traditional Markets | Jake Chervinsky
In today's episode of Talking Tokens, Jacquelyn sits down with Jake Chervinsky, founder and CEO of Hyperliquid Policy Center, to discuss how perpetual futures could move beyond crypto and what it would take to bring regulated onchain markets to the U.S Jake breaks down why 24/7 price discovery matters, how perpetual futures could complement traditional derivatives markets, and why oil could be a natural next market for onchain trading. They discuss Hyperliquid's role as infrastructure for exchanges, the potential for regulated perpetual futures in the U.S., how onchain markets could improve liquidity and price discovery, and why not every traditional market necessarily needs to trade 24/7. Timestamps 00:00 Jake Chervinsky and the Hyperliquid Policy Center 02:37 Why Jake believes in Hyperliquid 05:03 What makes Hyperliquid different 06:21 Taking perpetual futures beyond crypto 09:39 Perpetual futures explained 11:25 What 24/7 markets reveal about price discovery 13:01 Why pricing doesn't stop when markets close 14:08 Should every market trade 24/7? 16:01 Why oil could be the next market for perpetual futures 18:44 Who would use oil perpetuals? 19:18 What Hyperliquid could change about financial markets 21:00 Bringing regulated perpetual futures to the U.S. New episodes every week https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZ https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141 Follow us Jacquelyn on X: /jacqmelinek Talking Tokens on X: /_talkingtokens Talking Tokens on Instagram: /_talkingtokens Follow Jake Chervinsky https://www.linkedin.com/in/jakechervinsky https://www.linkedin.com/in/jakechervinsky This episode is sponsored by Forgd, visit its Market Maker Leaderboard on Token Relations here: www.stratamedia.co/token-relations/leaderboard Today’s episode is sponsored by Anchorage Digital, America's first federally chartered digital asset bank and provider of regulated stablecoin issuance. To find out more, visit anchorage.com This episode is brought to you by GSR, crypto’s capital markets partner, learn more at https://www.gsr.io/

Convergence Episode 1: How WisdomTree Went From $30M to $1 Billion in Onchain AUM
Today we are announcing Convergence, our new institutional product for sophisticated investors, in a joint venture between StrataMedia's Token Relations product & Talking Tokens podcast alongside The Rollup, and is presented by WisdomTree. For our debut launch, WisdomTree's Head of Digital Asset's Will Peck joins us for Episode #1 of Convergence. WisdomTree's onchain assets went from $30 million to over $1 billion, and Will Peck says money market funds did the heavy lifting. On episode one of Convergence, Will explains why tokenized funds complement stablecoins rather than compete with them, and how WisdomTree got SEC exemptive relief to let a tokenized money market fund trade 24/7 through a broker dealer. He also pushes back on the private-markets tokenization thesis, arguing illiquidity isn't a record-keeping problem. Will Peck is the Head of Digital Assets at WisdomTree, a global asset manager and ETF sponsor with roughly $170 billion in assets under management. Convergence is powered by The Rollup and StrataMedia, covering the convergence of legacy finance and onchain finance. Timestamps: 00:00 Intro 02:52 What Convergence Actually Means 04:30 Why WisdomTree Started In 2018 05:38 Exporting US Capital Markets 08:56 Institutional Versus Retail Distribution 10:32 The Innovation Exemption Explained 13:14 DTCC's Forty Firm Pilot 16:00 Three Models Of Tokenization 19:35 Why WisdomTree Chose Issuer-Led 21:10 Thirty Million To One Billion 22:45 What Drives The Next Era 25:05 Why Private Markets Aren't It 28:05 Who Wins The Tokenization Wave 30:14 The Perfect Storm For Adoption 33:08 WisdomTree's North Star New episodes every week https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZ https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141 Follow us Jacquelyn on X: /jacqmelinek Talking Tokens on X: /_talkingtokens Talking Tokens on Instagram: /_talkingtokens 𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥: 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺 𝘢𝘯𝘥 𝘋𝘦𝘍𝘪 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮𝘴 𝘤𝘰𝘮𝘦𝘴 𝘸𝘪𝘵𝘩 𝘪𝘯𝘩𝘦𝘳𝘦𝘯𝘵 𝘳𝘪𝘴𝘬𝘴 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘳𝘪𝘴𝘬, 𝘩𝘶𝘮𝘢𝘯 𝘦𝘳𝘳𝘰𝘳, 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 𝘧𝘢𝘪𝘭𝘶𝘳𝘦 𝘢𝘯𝘥 𝘮𝘰𝘳𝘦. 𝘈𝘵 𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘱𝘰𝘪𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘰𝘶𝘵 𝘵𝘩𝘪𝘴 𝘤𝘩𝘢𝘯𝘯𝘦𝘭, 𝘸𝘦 𝘮𝘢𝘺 𝘦𝘢𝘳𝘯 𝘢 𝘤𝘰𝘮𝘮𝘪𝘴𝘴𝘪𝘰𝘯 𝘰𝘳 𝘧𝘦𝘦 𝘢𝘴 𝘢 𝘴𝘱𝘰𝘯𝘴𝘰𝘳𝘴𝘩𝘪𝘱, 𝘪𝘧 𝘵𝘩𝘪𝘴 𝘪𝘴 𝘵𝘩𝘦 𝘤𝘢𝘴𝘦 𝘸𝘦 𝘸𝘪𝘭𝘭 𝘢𝘭𝘸𝘢𝘺𝘴 𝘮𝘢𝘬𝘦 𝘴𝘶𝘳𝘦 𝘪𝘵 𝘪𝘴 𝘤𝘭𝘦𝘢𝘳. 𝘞𝘦 𝘢𝘳𝘦 𝘴𝘵𝘳𝘪𝘤𝘵𝘭𝘺 𝘢𝘯 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮, 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘸𝘦 𝘰𝘧𝘧𝘦𝘳 𝘪𝘴 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘞𝘦 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭𝘴 𝘰𝘳 𝘭𝘪𝘤𝘦𝘯𝘴𝘦𝘥 𝘢𝘥𝘷𝘪𝘴𝘰𝘳𝘴.

From Pokémon Cards to Birkins: Inside Beezie’s $200M+ Volume | Andrea Miele
In today's episode of Solana Sessions, Jacquelyn sits down with Andrea Miele, CEO and founder of Beezie, to explore how gamification, tokenization and onchain infrastructure are changing the way consumers discover and buy collectibles. Andrea breaks down how Beezie grew from tokenized trading cards into a broader gamified commerce platform, recently crossing $200 million in volume and $100 million in total revenue. They discuss Beezie's expansion into luxury markets through its partnership with The Luxury Closet, how users can access everything from Pokémon cards to luxury handbags through its digital claw-machine experience, and why Andrea believes the future of shopping is about more than simply searching, clicking and buying. She also explains why Beezie abstracts away the blockchain experience for mainstream users, how onchain transparency can help build trust, why Solana has become a key ecosystem for the company, and where gamified commerce could expand next. Timestamps: 00:10 Andrea journey from collector to founder 02:26 How shopping behavior is changing 03:20 How Beezie's digital claw machine works 05:25 Why trading cards found product-market fit 06:49 Building through doubt as a founder 07:51 What drove Beezie's growth 08:51 Growing to $200M in volume and $100M in revenue 11:28 User growth and retention 12:35 Expanding beyond crypto-native collectors 13:03 Beezie's move into luxury 14:48 How the luxury experience works 15:49 Vaulting and securing physical assets 16:17 Authenticating luxury goods 17:16 Why Beezie is selling “the chase” 18:14 The future of gamified commerce 19:19 What Beezie learned from sneakers 20:17 What's next for tokenized commerce 21:07 Bringing luxury buyers onchain 23:25 Building trust through authentication 27:23 What traditional collectibles markets get wrong 28:46 Why onchain transparency matters 29:36 Who is the future Beezie customer? 30:10 Andrea's advice for founders 30:38 Why Beezie chose Solana This episode is a part of the Solana Sessions campaign between Token Relations and the Talking Tokens podcast, diving into founders' journeys and startups building on Solana. Check out the accompanying newsletter on www.stratamedia.co/token-relations/solana As part of the episode, we’re giving away one code for the fastest listener: LUX92244527. Head to solana.beezie.com/claw/Platinum-TCG-9 and sign up for an account, and apply the promo code for the premium Platinum TCG claw machine. New episodes every week https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZ https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141 Follow us Jacquelyn on X: /jacqmelinek Talking Tokens on X: /_talkingtokens Talking Tokens on Instagram: /_talkingtokens Follow Andrea Miele https://x.com/AndreaMYellie https://www.instagram.com/beeziedotcom/