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If you ask me whether we would see Perks in The US three or four years ago, I was like, I don't know. I think this is gonna take a very long time. I don't know if this is gonna happen in my lifetime. And and here we are.
I think what you're seeing, which is really interesting, if you can step away from it, is the traditional financial system reacting to the innovations of crypto. Perks is a good example of that. Right? They are seeing the pressure coming from what crypto is providing.
I think crypto and stablecoins and tokenized assets are probably the first threat to this extremely well established model.
Be characterized as participating in unregistered swaps, but the CFTC didn't simply bless off door perps for everyone.
Nothing said on inflection point is a recommendation to buy or sell securities, tokens, or any other assets, nor does it constitute a solicitation or offer to invest in any fund, product, or financial instrument. This podcast is for informational purposes only. The views and opinions expressed by hosts and guests of their own and do not necessarily reflect the official positions or views of their respective employers or affiliates. Hosts and guests may hold positions in companies, funds, tokens, or prod Hey, everyone. Welcome back to inflection point. I'm joined as always by David Lawant, Matt
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