In this week’s episode Imran and David host Johnny Fry, Head of Digital Asset Strategy at Clearbank. They discuss how blockchain technology is changing the infrastructure across financial markets and improving efficiency and transparency. The strong use cases behind stable coins and tokenization are not going away. And Johnny explains how it is a matter of when and not if the entire financial system adopts this technology. On the macro front, David breaks down the recent wobble in markets in the context of quarter-end liquidity drain and Imran summarises what the option flows are indicating for the next few weeks.