What's Next for Vaults? | Steakhouse Co-Founder, Adrian Cachinero

Vaults could become the financial rails that bring trillions onchain, but only if they solve risk, regulation and investor protection. Steakhouse co-founder Adrian Cachinero joins David to explain how vaults work, why repo markets matter and where this new asset-management layer goes next.

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TIMESTAMPS

0:00 Intro

0:13 Vaults Explained

2:27 Morpho and Vault Origins

6:46 Vault Infrastructure Layers

8:53 Curators and Control

18:25 Risk Frameworks

24:48 Risk Creep and Incentives

32:51 Principal-Agent Tensions

39:33 Safe Vaults Scale

41:50 SEC and Regulation

46:58 Two Vault Futures

53:54 Distributors vs Curators

59:21 AI Meets Vaults

1:01:23 Growth and Challenges

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RESOURCES

Adrian Cachinero

https://www.linkedin.com/in/adriancachinero

Steakhouse Financial

https://www.linkedin.com/company/steakhouse-financial/

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Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures