Our 100th Episode! UK Goes all in on Web3, plus the market reacts to the US Regulatory Crackdown

We are celebrating our 100th Episode! Thanks to our listeners and fans for your loyalty, feedback and support. It's been quite a ride, but just like the industry we cover, the future for DeFi Decoded is bright and we're only getting started!

Join Alex Tapscott and Andrew Young as they decode the world of DeFi. Listen in as they discuss an insightful macro roundup and its implications for crypto, Bitcoin’s newfound divergence from traditional asset classes, current venture capital cheque sizes into Web3 projects, institutional investor sentiment, how the SEC lawsuits last week are affecting altcoins, a16z’s international expansion to the United Kingdom, all-things crypto regulation in the United States, what market phase we may be at, and more!

With large-cap tech stocks continuing their momentous and dominant rally, Bitcoin has recently diverged from traditional asset classes such as the NASDAQ Composite and S&P500. Andrew provides an on-the-ground update on how venture capital funding has significantly dried up as of late, with valuations for projects at just a fraction of what they were in the 2021 bull run. Last week, the Securities and Exchange Commission sued two of the largest cryptoexchanges in the world, Binance and Coinbase, which sent shockwaves through the realm of digital assets. Alex informs on the general reaction he’s seen from institutional investors and shares how the allegations have caused altcoins to bleed, with firms like Robinhood announcing to delist tokens like Solana, Cardano, and Polygon that were classified as unregistered securities. Following discussions around the world, venture capital giant a16z has picked the United Kingdom to open their first office outside of the United States, citing the government’s belief in the promise of Web3. To wrap things up, they summarize the constantly evolving nature of regulatory events in the United States, and debate which market cycle phase we’re likely at.

Tune in to the 100th DeFi Decoded episode to hear Alex and Andrew discuss all things DeFi. What market cycle phase are we at, and how has this impacted venture capital valuations for crypto projects? Why did a16z select the United Kingdom to open their first-ever office outside the United States, and what does this tell us? How have institutional investors reacted to the SEC’s lawsuits on Binance and Coinbase, and what’s their general sentiment regarding Web3?

TIMESTAMPS

[0:00] Introduction
[0:46] Macro Roundup
[5:58] Bitcoin’s Recent Divergence
[8:00] Crypto VC Environment
[10:12] Institutional Perspectives
[14:47] Bleeding Altcoins
[18:29] a16z International Expansion to the UK
[19:50] US Crypto Endgame Outlook
[23:23] Current Phase of Market Cycle
[25:16] Conclusion

ABOUT DEFI DECODED PODCAST

Alex Tapscott, Andrew Young and guests break down the fundamentals of Decentralized Finance (DeFi) and how this cutting-edge technology enables individuals and institutions to transact, and create value, without the need for traditional financial intermediaries.

The opinions, estimates and projections contained within this recording are solely those of Ninepoint Partners and are subject to change without notice. Ninepoint makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, Ninepoint assumes no responsibility for any losses or damages,  whether direct or indirect, which arise out of the use of this information. These views are not to be considered investment advice nor should they be considered a recommendation to buy or sell. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Important information about the Ninepoint Partners Funds, including investment objectives and strategies, purchase options, and applicable management fees, and other charges and expenses, is contained in their respective prospectus, or offering memorandum. Please read these documents carefully before investing. We strongly recommend that you consult your investment advisor for a comprehensive review of your personal financial situation before undertaking any investment strategy. For more information visit ninepoint.com/legal. This report may not be reproduced, distributed, or published without the written consent of Ninepoint Partners LP.

Part of Ninepoint Digital Partner’s DeFi Decoded Podcast Series. Available at Google, Apple, and Spotify Podcasts.