I Think the Elephant in the Room Is the Still Unfolding Situation With Genesis and DCG

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I feel like the elephant in the room too is the still unfolding situation with Genesis and DCG. I don't think we're going to see this as a catastrophic failure there that we saw in FTX or that continues this domino contagion. What is clear is they have an extremely valuable core business, right? We do know that. Grayscale, which is a friendly competitor to Bitwise, is a legitimate business and we can all model their revenues because we know what assets they have and we know what they're earning. That's not going away, and that will help cushion any blow. And I think a haircut is something that crypto can handle, but I don't have

In this week's episode of 0xResearch, Matt Hougan and Ryan Rasmussen join us to discuss Bitwise's crypto thesis. We explore the expected fallout from FTX, Coinbase's massive market opportunity, Bitwise's investment products, crypto's next big unlock and more! Matt and Ryan share insight after insight in this brilliant episode that will leave you feeling psyched about the future of crypto.

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Timestamps:

(00:00) Introduction

(01:05) Hot Seat/Cool Throne

(13:53) Across Airdrop, Flipside Insights & Chainalysis

(19:53) Expected Industry & Regulatory Fallout From FTX

(34:40) Coinbase’s Massive Opportunity

(38:13) “Chainalysis Ad”

(38:55) Coinbase’s Massive Opportunity

(42:31) Bitwise's Crypto Funds

(47:49) How Has Client Interest Changed?

(52:34) Custody, Governance and Fund Allocation

(56:37) A Multichain vs Cross-Chain Future

(01:01:24) Crypto’s Next Big Unlock

(01:06:54) Should Tokens Generate Cash Flows?

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Resources:

Maxine Waters' tweet to SBF

https://twitter.com/RepMaxineWaters/status/1598693811252875264

Circle's tweet on terminating Concord business combination

https://twitter.com/circle/status/1599764500923703296

Matt's tweet on Coinabase's growth

https://twitter.com/Matt_Hougan/status/1455626864400076800

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Disclaimer: Nothing said on 0xResearch 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. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.