CoinDesk Podcast Network

Acronym Foundation President Tyler Spalding joins CoinDesk's Kate Irwin on Markets Outlook to break down the launch of the Anvil Protocol's SDK and what it means for bringing DeFi into everyday business. Spalding explains how Anvil works as a letter of credit protocol, and how CoinDesk parent company Bullish is among the first companies to integrate the SDK. Plus, why Bitcoin, Ethereum and tokenized real-world assets could reshape on-chain collateral.

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Disclosure: Bullish is the parent company of CoinDesk.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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Digital markets move fast. Move forward with clarity from S&P Global Ratings' risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1.

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Read more about CoinDesk Research's report on Asia-Pacific's emergence as the proving ground for regulated stablecoin finance and RLUSD's role at: https://www.coindesk.com/research/the-definitive-stablecoin-landscape-series-asia-pacific

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Timecodes:

00:00 - Tyler Spalding Joins Markets Outlook

02:02 - Anvil Launches Its SDK for Builders

03:10 - DeFi's New Playbook: Letters of Credit

04:09 - Founders Fund Leads $5M Anvil Token Round

05:40 - Why a Governance Token Still Makes Sense

09:12 - The First Companies to Integrate

11:42 - What Makes Anvil's On-Chain Collateral Different

14:22 - Collateral in the Age of AI Agents

14:57 - Bitcoin, Ethereum and the Future of Collateral

One year after Grayscale unlocked Ethereum staking inside an ETF for the first time, Head of Index Steve Vanourny breaks down what they've learned and why the results speak for themselves. Steve makes the case that unstaked ETH ETF investors are leaving money on the table and looks ahead at where Grayscale is taking its product roadmap next, from income strategies to the convergence of crypto and AI compute.
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Timecodes:

0:00 - Intro: Leaving Money on the Table
0:20 - One-Year Anniversary of ETH Staking in ETFs
0:48 - Lessons Learned: Staking Matters
1:21 - The Economics of Staking
2:49 - Why Grayscale Over Competitors
4:15 - Ethereum Ecosystem Outlook
5:11 - Educating Investors on Staking Risks
6:54 - ETF Roadmap: Income & AI Convergence
8:30 - Key Takeaway: Do Your Homework
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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

The CFTC proposes two crypto trading rules.

The CFTC is proposing two rules to regulate leveraged and margin-based crypto trading and create a new category of exchanges, but spot markets remain largely under state oversight. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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Digital markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1

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This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

OKXICE files for 24/7 tokenized U.S. stock trading.

OKXICE, a joint venture between OKX and NYSE parent ICE, has told the SEC it plans to launch a tokenized stock trading venue starting with more than 60 U.S.-listed companies. Former New York Governor Andrew Cuomo, the venture's co-chair, says it's just the first step. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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Digital markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1

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This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on a busy policy week from the UK's FCA opening its crypto firm authorization process to the SEC's new staff FAQ on crypto asset classification, and Robinhood's launch of AI agents that trade for retail customers.

They then sit down with former House Financial Services Committee Chairman Patrick McHenry, who argues the CLARITY Act stalled in the Senate because of election-year politics rather than substance and could still get done in the post-midterm lame duck, and weighs in on who should be accountable when an AI trading agent goes wrong and on the Supreme Court fight over sports prediction markets.

Plus, Rebecca and Renato debrief on the SEC's shrinking commissioner ranks and name departing Commissioner Hester Peirce as their Person of the Week.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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Digital markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1

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Chapters/Timecodes:

00:00 Welcome to The Policy Protocol

01:56 UK's FCA Opens Crypto Authorizations

03:08 SEC's Crypto FAQ and the Buyback Rewrite

05:11 Robinhood's AI Agents and the Accountability Question

08:08 Chairman Patrick McHenry Joins the Show

08:47 Why CLARITY Stalled in the Senate

09:35 Can the Lame Duck Save Market Structure?

10:45 Narrow Crypto Bills vs. the Whole Enchilada

12:47 When an AI Agent Trades, Who's Liable?

14:27 Custody Rules and a Forward-Leaning SEC

15:26 Prediction Markets: Investing or Gambling?

16:26 CFTC Authority and the Supreme Court Fight

19:34 The Legacy of Commissioner Hester Peirce