Episode 45 of The Crypto Beat was recorded with The Block’s Co-Hosts Kelvin Sparks and Tim Copeland, who were joined by Theo co-founder TK Kwon and Felix Protocol co-founder Charlie.
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In this episode of the Crypto Beat, Tim Copeland and Kelvin Sparks are joined by Theo co-founder TK Kwon and Felix co-founder Charlie to discuss the rapid evolution of DeFi through real-world assets, cross-chain liquidity, and the growing role of institutional capital in on-chain finance.
OUTLINE
00:00 – Introduction
04:44 – Product-First vs. Ecosystem-First Chains
06:43 – Challenges and Merits of Product-Led Development
08:06 – Evolving DeFi Metrics: TVL to Utilization
13:22 – Who Uses RWAs and Why They Matter
15:05 – Tokenized Equities and On-Chain Assets
19:02 – Permissioned and Permissionless Systems
23:41 – Liquidity and Market Making as the Next Unlock
27:08 – Forecasts for Institutional Growth
28:13 – Regulatory Catalysts
31:14 – Retail-Friendly Chains and Mass Adoption
32:50 – Stablecoin Chains: Innovation or Hype?
34:47 – Closing Remarks
Guest links:
Charlie – https://x.com/0xBroze
Felix – https://x.com/felixprotocol
TK – https://x.com/kt_nowk
Theo Network – https://x.com/Theo_Network
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