

CoinFund investor breaks down Trump’s crypto executive order and SEC’s Project Crypto
The Block's Head of Growth, Tim Copeland, and co-host Kelvin Sparks were joined by CoinFund’s Kavan Canekeratne.
In this episode, Tim, Kelvin and Kavan discuss the evolving U.S. regulatory stance on crypto, including the SEC’s Project Crypto and rulings on liquid staking. He explains the rise of perpetuals, tokenized assets, stablecoins, and the competitive dynamics of exchanges, while highlighting risks around leverage, meme coins, and treasury companies. The discussion closes with Ethereum vs. Solana, Bitcoin DeFi, and the growing overlap between crypto and gambling.
OUTLINE
00:00 - Introduction
00:42 - Crypto in 401Ks and U.S. regulatory shifts
03:42 - Roman Storm trial
04:47 - Explosion of perpetuals trading
06:18 - Exchange competition
07:38 - Tokenized stocks and global adoption
11:12 - Risks of leverage and stablecoin clarity
16:30 - Tokenized RWAs
17:32 - Ethereum’s resurgence vs. Solana’s momentum
22:37 - Rollups, UX improvements, and scaling Ethereum
24:48 - Meme coins, NFTs, and evolving adoption cycles
30:32 - Bitcoin DeFi & treasury companies
40:08 - Closing remarks
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Guest links:
Kavan Canekeratne - https://x.com/kavancane
Coinfund - https://x.com/coinfund_io
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