Trends with Friends Internet Capital Markets: Kyle Samani on Solana, Prediction Markets, and the $FORD Play
Oct 29, 2025
Kyle Samani, co-founder of Multicoin Capital and a leading crypto investor, takes listeners on a thrilling journey through the future of finance. He discusses the emotional toll of recent bear markets compared to past downturns. Kyle introduces the concept of 'Internet Capital Markets', where trading happens seamlessly across platforms. He explains Solana's role in this evolution, the integration of prediction markets into news and sports, and Forward Industries' ambitious new strategies. Plus, insights on the intersection of AI and crypto power this transformative vision.
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Early IRA Investment Nearly Liquidated
- Howard invested IRA money into Multicoin early and nearly had it pulled by his wife during drawdowns.
- The fund survived and later returned many multiples, illustrating long-term conviction payoffs.
Solana Powers Internet Capital Markets
- Kyle frames Solana as the infrastructure for 'Internet Capital Markets' that embeds finance across the web.
- He argues tokenized assets plus 24/7 programmable rails will expand access and lower cost globally.
From Isolated Finance To Embedded Trading
- Kyle calls today's brokerage UI pattern 'isolated finance' and says it will be complemented by embedded trading.
- Trading will move into chats, media, and apps where conversations happen, creating new modalities.