LIVE NOW – Entertainment Finance | @notthreadguy Gen Z doesn’t “invest.” It trades. From sneaker-reselling Twitter to NFTs to perps, Threadguy breaks down why markets are becoming content: PVP hero arcs, streamer-style risk taking, and the “one note of the internet” moving attention (and capital) across everything. -------------- TIMESTAMPS 0:00 Threadguy: “Gen Z crypto face” 2:58 Sneaker Twitter: trade-first upbringing 8:03 Onboarding via social proof 13:08 Two Gen Z money paths 16:53 Crypto as opportunity engine 20:38 Why he won’t leave crypto 23:35 Media growth and infinite TAM 29:31 Entertainment finance: markets as content 37:28 Risk takers become “athletes” 42:27 PVP arcs and downfall appetite 44:25 Trading mimetics: valuation doesn’t matter 49:53 One internet note, spills to equities 55:15 Counterparty: home for internet markets 58:40 Token launch replaces IPO 1:02:38 Where to follow + content grind

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Bagged this legendary drop from @Morpho https://t.co/H5XEftxG33

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

If you're curious why $1.5 billion in tokenized t-bills moved from Ethereum L1 to Apotos, Avalanche, Polygon last week look at incentives. BUIDL fees dropped from 50 bps to 20 bps for those chains (and Solana) vs Ethereum - that's $4.5m in annualized savings on $1.5 billion. I don't have insider baseball on this but it's likely BlackRock didn't cut fees because Larry's feeling generous. A simple theory: Aptos, Polygon, Solana, Avalanche are paying BlackRock incentives for this privilege - or else, why only those chains at 20 bps while Optimism and Arbitrum are 50 bps? If you're Avalanche with rich AVAX treasury would you pay a couple million to BlackRock in exchange for #2 on the RWA t-bill charts? Wouldn't be the worst marketing dollars you've spent. And once again we see goodhart's law in crypto - when a measure becomes a target it ceases to be a good measure. RWAs without deep liquidity and DeFi ties to the underlying network are vanity metrics - they don't really need the underlying chain, there's minimal moat. If the theory is right a few lessons: - Untethered RWAs are vanity metrics - Chains are spending for these metrics - "Spending" is token sell pressure There's good BD spend and there's bad BD spend. I'm not sure this is good spend.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

stay tuned for a banger bankless episode with @TrustlessState we discuss to an unprecedented level of depth: what really is the difference between tempo vs arc vs plasma vs codex?

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

stay tuned for a banger bankless episode with @TrustlessState we discuss to an unprecedented level of depth: what really is the difference between tempo vs arc vs plasma vs codex?

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

#1 rule in crypto If it can have a token, it's getting a token

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

LIVE NOW - Tokenized Stocks: The $100 Trillion Onchain Shift @RyanSAdams & @TrustlessState sit down with @OndoFinance's @nathanlallman and @iandebode to map the path from stablecoins to tokenized treasuries to tokenized stocks. We break down why Ondo’s wrapper model is set out to win, how blockchain brings 24/7 secondary markets, DeFi composability and much more liquidity. Ethereum and Ondo are leading a $100T onchain migration you can’t miss. -------------- TIMESTAMPS 0:00 Intro 5:55 Is Business Booming? 7:59 Are RWAs Inevitable? 12:50 Tokenized Treasuries 19:13 Tokenization Roadmap 24:17 Types of Tokenized Treasuries 31:40 What’s Holding the US Back? 37:08 Tokenized Stocks 41:04 Tokenized Stocks Liquidity 50:56 Property Rights 56:25 Is Permissionless Tokenization Possible? 1:04:32 24/7 Markets? 1:07:52 Ondo Global Markets 1:10:54 Why Ethereum? 1:12:08 Stocks Meet DeFi 1:19:26 What Chains will RWAs Settle On? 1:32:41 Is Wall Street Ready? 1:34:29 What’s Next? 1:36:00 Closing & Disclaimers

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

LIVE NOW - Tokenized Stocks: The $100 Trillion Onchain Shift @RyanSAdams & @TrustlessState sit down with @OndoFinance's @nathanlallman and @iandebode to map the path from stablecoins to tokenized treasuries to tokenized stocks. We break down why Ondo’s wrapper model is set out to win, how blockchain brings 24/7 secondary markets, DeFi composability and much more liquidity. Ethereum and Ondo are leading a $100T onchain migration you can’t miss. -------------- TIMESTAMPS 0:00 Intro 5:55 Is Business Booming? 7:59 Are RWAs Inevitable? 12:50 Tokenized Treasuries 19:13 Tokenization Roadmap 24:17 Types of Tokenized Treasuries 31:40 What’s Holding the US Back? 37:08 Tokenized Stocks 41:04 Tokenized Stocks Liquidity 50:56 Property Rights 56:25 Is Permissionless Tokenization Possible? 1:04:32 24/7 Markets? 1:07:52 Ondo Global Markets 1:10:54 Why Ethereum? 1:12:08 Stocks Meet DeFi 1:19:26 What Chains will RWAs Settle On? 1:32:41 Is Wall Street Ready? 1:34:29 What’s Next? 1:36:00 Closing & Disclaimers

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Please avoid accessing all the Puffer apps and social media; we are investigating the issue. @puffer_finance

Name & Symbol: PUFFER ($PUFFER)
Address: 0x87d00066cf131ff54b72b134a217d5401e5392b6

"If you want to launch a coin, and you want it on @Coinbase, and you don't want to risk not actually getting listed: Just launch it on @base, get liquidity on Aerodrome, and then you can buy it on Coinbase. This is so cool. This is the DeFi mullet we talked about in 2021." - @RyanSAdams & @TrustlessState

Name & Symbol: Aerodrome ($AERO)
Address: 0x940181a94a35a4569e4529a3cdfb74e38fd98631

I'm in the studio all day today, recording episodes for the @BanklessHQ Premium Feed! 1️⃣@pumatheuma - @SuccinctLabs & $PROVE 2️⃣@preston_vanloon - Current state of $ETH EIPs 3️⃣@DeFiDave22 - @capmoney_ Want access? Tell your employer to expense Bankless Premium😅 Link 👇 https://t.co/F3vrjqUrCg

Name & Symbol: Succinct ($PROVE)
Address: 0x7ddf164cecfddd0f992299d033b5a11279a15929

Came on Bankless today and broke my silence on the Roman Storm case. A lot to say—important discussion. We also talk Project Crypto, Ethereum's position in the market, and Zora vs Pump 👇

Name & Symbol: Zora ($ZORA)
Address: 0x1111111111166b7fe7bd91427724b487980afc69