Connect with Early Riders // Connect with Onramp Presented collaboratively by Early Riders & Onramp Media… Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development. 00:00 - Latest in Bitcoin price action 01:46 - Kraken’s $20B IPO & Citadel’s investment 10:17 - Tether’s strategic investment in Ledn & Bitcoin-only lending 17:53 - VC money chases perp DEX infrastructure 21:52 - Maker/Sky’s OBEX incubator & the stablecoin yield gray zone 24:46 - Slash: stablecoin-first banking and demand for better money movement 26:01 - Human risk management, AI scams & Doppel’s $70M raise 32:48 - Cardano chain split exploit & “decentralization theater” 42:13 - Rethinking the poverty line, broken stats & the debasement trade 50:12 - Square/Block’s SMB Bitcoin tools & the future of merchant adoption If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly. Links discussed: https://www.theblock.co/post/378358/lighter-raises-68-million-1-5-billion-valuation-vc-bets-flood-perp-dex-infrastructure-report https://www.ledn.io/post/tether-invests-in-ledn https://www.theblock.co/post/380056/hoskinson-involves-fbi-after-developers-careless-experiment-splits-cardano-blockchain https://decrypt.co/349147/crypto-exchange-kraken-raises-800-million-20-billion-valuation https://www.doppel.com/blog/doppel-series-c https://x.com/LayerZero_Core/status/1990822714416963636 https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie Keep up with Michael: https://x.com/MTanguma https://www.linkedin.com/in/mtanguma/ Keep up with Brian: https://x.com/BackslashBTC https://www.linkedin.com/in/brian-cubellis-00b1a660/ Keep up with Liam: https://x.com/Lnelson_21 https://www.linkedin.com/in/liam-nelson1/