The Crypto Business Podcast with Fexingo: Blockchain Companies, Tokens, and Web3 Startups

Episode 54 of The Crypto Business Podcast with Fexingo digs into multilateral compression — a Wall Street technique that crypto derivatives venues like BitMEX and Deribit are now adopting to slash counterparty risk and margin requirements. Lucas and Luna explain how it works using a concrete example with three traders, then link it to the recent CFTC approval of perpetual futures and the broader i...

Lucas and Luna dive into the fresh data from Kalshi and other crypto prediction markets pricing SpaceX's human Mars missions. With the IPO fresh in everyone's mind and Ron Baron buying $1 billion of shares, they explore what the market thinks about the timeline for Mars — and why crypto-based prediction markets might be more accurate than traditional surveys. They discuss the specific contracts, t...

Lucas and Luna examine a sweeping new European regulatory framework for crypto custody that went into effect this quarter. They break down how the updated Markets in Crypto-Assets (MiCA) rules specifically target custodial wallet providers, requiring them to segregate client funds, hold professional indemnity insurance, and submit to on-site audits. The hosts analyze why this matters for instituti...

Episode 51 of The Crypto Business Podcast dives into the real-world use case that's quietly dominating crypto adoption: stablecoin remittances. With Bitcoin at $63,727 and Ethereum at $1,664, Lucas and Luna explore why traditional players like Visa and Mastercard are being leapfrogged by USDC and USDT in cross-border payments. They break down the economics, citing a recent JPMorgan report on Chine...

Episode 50 of The Crypto Business Podcast with Fexingo. Lucas and Luna examine a surprising trend: traditional brokerages like Charles Schwab and Fidelity are quietly using blockchain analytics tools to mine their clients' public wallet data. They discuss how firms analyze on-chain activity for credit decisions, risk scoring, and asset management, using examples from the latest Solana and XRP pric...

Lucas and Luna dive into the recent wave of prediction market platforms issuing their own native tokens, from Polymarket's rumored token launch to newer entrants like Sway Markets. They explore how these tokens aim to lock in liquidity, incentivize accurate forecasters, and create a governance layer—while also raising questions about regulatory scrutiny and market manipulation. With Bitcoin at $64...

Institutional interest in crypto derivatives has shifted from futures to options. Lucas and Luna break down how Bitcoin options volumes surpassed futures for the first time in May 2026, what's driving the shift — including the SpaceX IPO and regulatory clarity — and why options are becoming the default hedging tool for big money. They explore the mechanics of cash-settled options, the role of CME...

Episode 47 of The Crypto Business Podcast: Lucas and Luna dig into the quiet explosion of tokenized private credit markets — now approaching $15 billion in on-chain assets. They examine why major firms like BlackRock and Apollo are betting on this infrastructure, how a typical deal structure works with smart contracts replacing a dozen intermediaries, and what the recent SpaceX IPO mania reveals a...

In this episode of The Crypto Business Podcast, Lucas and Luna explore how SpaceX's record-setting $75 billion IPO is becoming a real-world stress test for crypto prediction markets. With traders on platforms like Polymarket betting on a $2 trillion debut market cap, the hosts break down why these markets are attracting attention — and skepticism. They compare prediction market odds to traditional...

Lucas and Luna dissect the SpaceX IPO — which debuted today with a market cap above $2 trillion — and argue that prediction markets, not investment banks, got the pricing right. They trace how crypto-based prediction platforms forecast SpaceX's valuation within 3 percent months before the listing, while traditional analysts lagged. The hosts also examine what this means for future high-profile IPO...

Lucas and Luna dive into how crypto prediction markets are expanding beyond election betting into financial event contracts, spurred by new CFTC proposals. They explore the rise of prediction market perpetuals on platforms like Polymarket and the regulatory battle over what counts as a 'legitimate' event. Key data: BTC at $62,618, XRP sliding 3.7% in five days. The hosts discuss why traders are fl...

Episode 43 of The Crypto Business Podcast digs into why crypto payment rails are quietly winning in B2B cross-border transactions. Lucas and Luna examine how stablecoins have cut settlement times from days to seconds at a fraction of the cost of wire transfers, using real data points like the 3.8% weekly ETH gain and Coinbase's 5.7% drop to frame the shifting landscape. They discuss Visa and Maste...

This episode of The Crypto Business Podcast explores the explosive growth of prediction market perpetual contracts, or 'perps', following Kalshi's launch hitting $1 billion in volume within a week. Lucas and Luna break down what these derivatives are, how they differ from traditional prediction markets, and why they're attracting both retail speculators and institutional liquidity. They also discu...

Kalshi's new perpetual futures product crossed $1 billion in volume within a week of launch. Lucas and Luna explore how prediction market derivatives are attracting traders who never bet on election odds. They discuss why perps appeal to crypto-native users, how they differ from traditional event contracts, and whether this signals a structural shift in how markets price future outcomes. The episo...

Episode 40 of The Crypto Business Podcast. Lucas and Luna examine why major crypto exchanges are launching proprietary blockchains — from Coinbase's Base to Binance's BNB Chain and Kraken's Ink. They discuss the strategic rationale: capturing transaction fees, controlling the user experience, and reducing dependence on Ethereum. With BTC at $63,056 and ETH at $1,677, they analyze how exchange toke...

Episode 39 of The Crypto Business Podcast digs into why real world asset tokenization is finally gaining real traction, with Visa and Mastercard processing over $150 million in tokenized asset transactions monthly. Lucas explains how a partnership between tokenization platform Securitize and a major European bank is enabling instant settlement of private credit deals, cutting settlement times from...

Episode 38 of The Crypto Business Podcast explores the quiet rise of crypto-native insurance. As digital assets face hacks, exchange solvency crises, and smart contract failures, a new layer of protection is emerging. Lucas and Luna break down how firms like Nexus Mutual and Evertas are offering cover for custodial risks, how premiums are priced via on-chain data, and why traditional insurers are...

Episode 37 of The Crypto Business Podcast dives into the persistent failure of crypto debit cards at the physical point of sale. Lucas and Luna examine why, despite years of development and billions in venture funding, crypto debit cards have not achieved mainstream adoption. They analyze the structural friction between blockchain settlement times and real-time merchant authorization, the tax liab...

On this episode of The Crypto Business Podcast, Lucas and Luna explore a surprising new frontier in real world asset tokenization: music royalties. With major labels like Universal Music Group exploring blockchain-based royalty distribution, and platforms like Royal and AnotherBlock gaining traction, tokenized music rights offer a unique blend of predictable cash flows and passionate fan engagemen...

Bitcoin is down 9% in five days and crypto markets are bleeding, but one corner of blockchain is quietly attracting institutional money: real world asset tokenization. Lucas and Luna drill into the specific case of Securitize and BlackRock's BUIDL fund, which has grown to over $500 million in assets by tokenizing Treasury bills. They explain how the mechanism works—issuing digital shares of tradit...

Episode 34 of The Crypto Business Podcast explores why stablecoin-based remittances are quietly outpacing traditional services like Western Union and MoneyGram in Latin America. Lucas and Luna break down the numbers: how sending $200 from the US to Mexico costs under $0.10 in fees with USDC versus $8 on legacy rails. They examine the specific market dynamics—high smartphone penetration, volatile l...

In this episode, Lucas and Luna examine the rocky state of crypto rewards cards in mid-2026. With Coinbase stock down 17% in a week and Bitcoin losing 16%, they ask: are these cards actually good products or just marketing gimmicks? They dissect the economics behind cashback in crypto, why users aren't biting, and whether the recent Visa-Mastercard push into on-chain settlements changes anything....

On June 5, 2026, crypto markets are deep in the red: Bitcoin at $61,654, Ethereum at $1,646, and Solana down 20% in five days. But one sector is getting hit hardest — gaming tokens. Lucas and Luna dig into why tokens from once-hyped blockchain games are down 70-90% from their peaks, even as traditional gaming giants like Ubisoft and Epic Games push deeper into Web3. They examine the fundamental mi...

Episode 31 of The Crypto Business Podcast — Lucas and Luna explore how crypto exchanges are quietly transforming into payment processors. With Visa and Mastercard shares slipping 1.9% and 2.6% this week while Bitcoin and Ethereum are down over 11%, the hosts examine a surprising trend: exchanges like Coinbase are building direct merchant checkout tools that bypass traditional card networks. Lucas...

Episode 30 of The Crypto Business Podcast digs into why stablecoins are quietly winning in cross-border B2B payments. Lucas and Luna break down the numbers: Bitcoin has dropped 13% in five days to $63,750, but USDC and USDT transaction volumes keep climbing. They explore how traditional payment giants like Visa and PayPal are both competitors and collaborators, and why CFOs at midsize exporters ar...