Good Sunday!
Robinhood is making one of its biggest crypto moves yet.
Its new onchain perpetual futures are powered by Lighter, as the race to dominate the U.S. crypto perps market heats up with Coinbase, Kraken, and Kalshi all competing for the same prize.
Laura sits down with Lighter CEO Vlad Novakovski to unpack the Robinhood partnership, why USDG was chosen as collateral, and what it will take to bring regulated onchain perps to the U.S.
Meanwhile, the RWA boom is exposing a hidden weakness.
Some investors discovered their tokenized assets weren't backed the way they thought, putting the spotlight on one of DeFi's most overlooked pieces of infrastructure: oracles.
Niklas Kunkel, founder and CEO of Chronicle Labs and a founding member of MakerDAO, joins Steven Ehrlich to argue that catching failures like that is the entire point of an oracle.
Here’s more on what we unpacked this week on Unchained:
🪙 Tokens vs. Equity: Crypto’s Biggest Identity Crisis
Can tokens and equity coexist, or will one always undermine the other? Lighter CEO Vlad Novakovski joins The Chopping Block crew to debate the future of crypto capital formation, Lighter’s Robinhood partnership, the BonkDAO governance exploit, and Trump’s eye-popping $2.4 billion in crypto income.₿ Has Michael Saylor Become Bitcoin’s Biggest Seller?
Strategy sold another $216 million worth of Bitcoin, reigniting questions about its long-term strategy. The Bits + Bips panel also dives into the growing stablecoin wars, Robinhood’s yield push, and whether banks are ready for deposits to move onchain.🗳️ Is the DAO Experiment Starting to Fall Apart?
After BonkDAO’s $20 million governance heist, Kain Warwick argues founders, not DAOs, build better products. The Uneasy Money crew, together with Austin Griffith, also covers Vitalik’s Lean Ethereum vision, Robinhood’s new chain, and why AI audits could reshape smart contract security.📉 Did Strategy Betray Bitcoin’s Core Ethos?
Strategy’s largest-ever Bitcoin sale has critics questioning whether the company is still a Bitcoin proxy. Parker White argues the sales are smart treasury management, not a betrayal, and explains why tokenized credit products may be the next evolution of Bitcoin finance.🛡️ Crypto’s Biggest Security Threat Isn’t What You Think
TRM Labs’ Ari Redbord invited the DEX in the City hosts to discuss crypto regulation, the rise of onshore perpetuals, DeFi security, and why North Korea’s hacks should be treated as a national security threat and not just another cybercrime.
All these episodes are available on Apple Podcasts, Spotify, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
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