The DeFi Company Wall Street Hasn’t Priced Yet

The DeFi Company Wall Street Hasn’t Priced Yet

In this sharp and forward looking conversation, Hyunsu Jung, CEO of Hyperion DeFi, joins host Constantin Kogan to explain why Hyperion is not just another crypto treasury, but one of the first publicly traded DeFi native operating companies. From spotting Hyperliquid early and recognizing the utility behind HYPE To building revenue generating on chain business lines around staking, validator economics, and DeFi monetization To positioning Hyperion as a public market vehicle for real DeFi exposure This is a conversation about what happens when a balance sheet becomes a growth engine. Hyunsu Jung Reveals: 🚀 Why Hyperion is a DeFi operating company, not just a treasury 🧠 What most people still misunderstand about DeFi monetization ⚡ Why Hyperliquid created a real business opportunity on chain 📈 How Hyperion built multiple revenue streams around HYPE 🏦 Why public markets are a massive advantage for DeFi companies 💸 How staking, validator commissions, and DeFi monetization work together 🔁 Why the triple dip strategy may just be the beginning 🌐 Why Hyperliquid could become the blockchain to house all finance 📊 What makes Hyperion different from MicroStrategy and other DATs 🛠 How the team thinks about risk, deployment, and scaling 🔮 Why Hyunsu believes DeFi is still in the earliest innings 🌅 What the meaning of life looks like to a 30 year old public company CEO 🎯 Watch if you are: • A public market investor trying to understand DeFi native businesses • A crypto investor looking beyond simple treasury models • A founder building in DeFi, infrastructure, or tokenized finance • A trader watching the rise of Hyperliquid • Or someone curious about where on chain financial markets are heading next This episode explores why the next phase of DeFi may not look like a protocol, a token, or a treasury alone, but a real operating company built to compound ecosystem growth. “Hyperion is the true DeFi company for Hyperliquid.” “DeFi is just starting.” - Hyunsu Jung Follow Hyunsu Jung and Hyperion DeFi: 🌐 Hyperion DeFi: https://hyperiondefi.com 💻 LinkedIn: https://www.linkedin.com/company/hyperion-defi/ ✖️ X: https://x.com/hyperiondefi 👤 Hyunsu on X: https://x.com/hyunsujung_ ✉️ For business inquiries: ck@ckogan.com 🎧 Listen to the full podcast here:https://anchor.fm/constantinkoganFollow me on socials:🌐 Website: https://ckogan.com 📲 Telegram: https://t.me/constantinkogan 📸 Instagram: https://www.instagram.com/constkogan/ 💻 LinkedIn: https://www.linkedin.com/in/constantin-kogan ✖️ X: https://x.com/constkogan 🎙 Podcast: https://anchor.fm/constantinkogan Timestamps 0:00 - Why Hyperion DeFi is not just another crypto treasury 1:22 - Why Hyperliquid created a new kind of public company 3:03 - Hyunsu Jung’s background before Hyperion 5:31 - What most people still miss about DeFi monetization 7:30 - Why Hyperliquid is becoming a serious trading venue 9:21 - Breaking down the triple dip strategy 12:08 - The five revenue streams behind Hyperion 15:11 - How off chain capital connects to on chain DeFi 16:23 - The profit model and why execution matters 19:25 - What makes Hyperion different from MicroStrategy 21:04 - Why Hyperliquid’s numbers are hard to ignore 24:25 - Why traditional traders are paying attention now 28:06 - How investors can access Hyperion DeFi through public markets 30:07 - The Inovia pivot and the investors behind Hyperion 32:53 - What could break the model and how risk is managed 35:20 - Why Hyperion is all in on Hyperliquid 37:39 - HIP4, new market structures, and what comes next 39:47 - Inside the team building Hyperion 41:04 - Will more DATs launch on Hyperliquid 43:57 - Lightning round on HYPE, DeFi, and real alpha 47:13 - Hyunsu Jung on meaning, leadership, and building at the right time #HyunsuJung #ConstantinKogan #HyperionDeFi #Hyperliquid #DeFi #Crypto #PublicMarkets #DigitalAssetTreasury #HYPE #Blockchain #HolisticInvestments

Most Crypto Users Are One Mistake Away

In this fascinating and practical conversation, Dmitry Tokarev, founder of Copper and co founder of Bron, joins host Constantin Kogan to break down one of the biggest unsolved problems in crypto: security for real users.From growing up in Siberia and discovering trading at a young age, to building Copper into one of the world’s leading institutional custody firms, and now leading Bron with a mission to bring institutional grade wallet security to retail users.This is a conversation about why crypto still feels dangerous for most people and what it will take to finally fix that.Dmitry Tokarev Reveals:🔐 Why most retail crypto wallets are still dangerously outdated🧠 The real difference between institutional custody and retail self custody🧩 What MPC actually means and why institutions rely on it📱 Why seed phrases should never have been the long term answer🚨 How people are really losing crypto today through phishing, SIM swaps, address poisoning, and physical attacks🛡️ Why Bron was built to remove the biggest security mistakes users make👥 How social recovery and successors can protect users without seed phrases⏳ Why time delays and approval policies matter for serious crypto holders🌍 What the future of crypto custody looks like as more real world assets move on chain⚙️ Why user experience, not just security, is the next big unlock for adoption📚 The book that changed Dmitry’s career path🌅 What peace of mind means to him and how he thinks about life🎯 Watch if you are:• A crypto holder worried about wallet security• A founder building in wallets, custody, or on chain infrastructure• An investor trying to understand where crypto UX still fails• Someone curious about the gap between institutional crypto and retail crypto• Or simply trying to protect yourself better in this spaceThis episode explores why the next breakthrough in crypto may not be a new token or protocol, but a safer way for normal people to actually hold their assets.“Retail should not be forced to understand all this crazy stuff just to stay safe.” - Dmitry Tokarev“If you can lose everything with one mistake, the product is broken.” - Dmitry TokarevLearn more about Bron here: https://go.bron.org/constantinkogan05Follow Dmitry Tokarev and Bron:🌐 Bron: https://bron.org/💻 LinkedIn:https://www.linkedin.com/in/tokarevdmitry/✖️ X: https://x.com/tokarev_d✉️ For business inquiries: ck@ckogan.com🎧 Listen to the full podcast here:https://anchor.fm/constantinkoganFollow me on socials:🌐 Website: https://ckogan.com📲 Telegram: https://t.me/constantinkogan📸 Instagram: https://www.instagram.com/constkogan/💻 LinkedIn: https://www.linkedin.com/in/constantin-kogan✖️ X: https://x.com/constkogan🎙 Podcast: https://anchor.fm/constantinkoganTimestamps0:00 - From Siberia to crypto custody pioneer3:20 - Why trading led Dmitry into building products4:52 - The three generations of crypto custody6:42 - What MPC means in simple terms8:29 - Why retail security is still broken11:39 - How Bron removes seed phrase risk15:13 - Social recovery, successors, and inheritance17:39 - How Bron handles real world wallet security19:57 - Why crypto users are now physical targets23:21 - How to protect large holdings from coercion28:58 - The hacks, scams, and attack patterns hurting retail33:38 - Three simple steps to protect yourself today39:17 - Dmitry’s view on the future of on chain assets45:52 - The DeFi risk most users still do not understand58:03 - Dmitry Tokarev on the meaning of life1:00:04 - The book that changed his direction1:02:26 - Where to follow Dmitry and Bron#DmitryTokarev #ConstantinKogan #Bron #Copper #CryptoSecurity #SelfCustody #WalletSecurity #Blockchain #Crypto #DigitalAssets #HolisticInvestments

The Man Behind Bitcoin’s Logo

Jebediah “Joby” Weeks, early Bitcoin pioneer, entrepreneur, and co creator of the iconic Bitcoin logo, joins host Constantin Kogan to share one of the wildest stories in crypto history.From becoming a millionaire at 19 and building disruptive businesses across health, currency, and politics…To experimenting with local money systems before Bitcoin went mainstream…To entering the early crypto frontier through Silk Road, Mt. Gox, Ethereum, mining, and BitClub…This is a conversation about freedom, disruption, and the cost of being early.Joby Weeks Reveals:🟠 How he and his partner designed the Bitcoin logo the world now uses💰 How he became a millionaire at 19🏛 Why he lost faith in the government while building alternative systems🪙 How he created local currencies before Bitcoin🌿 His role in helping legalize cannabis in Colorado⚡️ What it was like buying Bitcoin in the Silk Road era📉 How he lost funds through Silk Road, Mt. Gox, and the DAO fork era🏝 How Liberland and other sovereign experiments entered his story⛏️ How he got involved in large scale Bitcoin mining and BitClub🚨 What happened when federal authorities came after him🔒 What life has been like under more than six years of house arrest without trial🧘 How isolation changed his view of power, success, and the meaning of life🎯 Watch if you are:• Interested in the early history of Bitcoin• Curious about the wild west era of crypto mining• Following the intersection of government power and financial freedom• A founder building in crypto, fintech, or alternative systems• Or someone interested in the psychology of surviving extreme pressureThis episode explores what happens when innovation collides with the state and what it costs to stay standing when the system turns against you.“First they don’t believe in you, then they violently oppose you, and then you win.” — Joby Weeks“Hate is poison you drink thinking it’s going to harm the other person.” — Joby WeeksFollow Joby Weeks:💼 LinkedIn:   / jobyweeks   [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbWpjUHJnRXRRM3R2dXpXSWNlTkFZempiMHBwQXxBQ3Jtc0trWXRBQUpNU2QwNG42REdybjBiYk43dmJUblRkQVRhMVlaYXFKTUlCZEt0LTNSTWkxdTFNXy16eUZ6R2tGTXVNdjJzOXRhaGZtTzN6WE9IZ281NzVSOXBUMHZRWTRyOFdLSmM0UHdLVmJkeVdjWHpOQQ&q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjobyweeks&v=7grEF712ddA]📸 Instagram:   / jobyweeks18   [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblJZZTlIU3JYTGtFNTZjVk1HXzZma0I1WFMyQXxBQ3Jtc0tralYtM0JWeEZjZE5UeTg4OHUxR1NqWWdGMWdVY1F2YW5wQk00QUVvRFNWYXlkNkhyeWR4a0h0c0hFc1JuYTMtckNVMXp3SFpCRVhYMWhoMlRZQ2lIY3NDZFZsMHVqUXkyS3BXOThweVpmd1VLVloyWQ&q=https%3A%2F%2Fwww.instagram.com%2Fjobyweeks18%2F&v=7grEF712ddA]🌐 Website / Support Site: http://www.freejoby.com [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqazFQZElLNVpBUV9fM0NZRnZ2clNkN3dtdGU2QXxBQ3Jtc0tuRDV0OC1rVnJnQmI4cFFqT1pOSnBLM0Z6X21lOExlalNMYXZCQm9pV3AtcldRTFNCX2hiRGFmcEE2X0RodS1nbVBiczc1NzJNdFQxVEQxS0FOMjJ2QzhtYWxIWkJrVEFTNUc1a2tQN3BJUmFQYmNmMA&q=http%3A%2F%2Fwww.freejoby.com%2F&v=7grEF712ddA]✉️ For business inquiries: ck@ckogan.com🎧 Listen to the full podcast here: https://anchor.fm/constantinkogan [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblVJVFluY1QtWmlVQkc2bTMzbVgyM1I2NHZvd3xBQ3Jtc0trd2ZYOUtqUWV5U2FNLUdqbC1kQy1xdExGVG1oSTQ0TFFvemNoYUhHY2oxVlNiUTF1ajJXbVY1eUY5LWQ5MnJNeUxiY3ZFOHVGWFd2UHkyX0NpRkFwM1RsMWtSMTBlVnRBVnhWVFNNWGVNenZrdTY1VQ&q=https%3A%2F%2Fanchor.fm%2Fconstantinkogan&v=7grEF712ddA]Follow me on socials:🌐 Website: https://ckogan.com [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblhtOVptMUdIV3FWRjRzQ3RFbGg0Y2tWVUh0Z3xBQ3Jtc0ttQnNodFU4cEtNcWhDeTJSQVkwTzJhUDJoclNqV2RQa3lsYTRNMzJsQ1FhdGEtTWN2NkZkN1JoNGpPT0JxVWdwdlBHMjE0X0haTHJOQUt5LVRvbUU5U1ZoT1JjdlQ3NExSWC1KWVY0cDlST2JXZDZ1bw&q=https%3A%2F%2Fckogan.com%2F&v=7grEF712ddA]📲 Telegram: https://t.me/constantinkogan [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbG1rRDd3MmdDVGNXMjNHenVIUWMxS2V4QXd6UXxBQ3Jtc0trMXpUaTVWeVBkWjAtRmZNTURWZDctWnJoblY2WTdBbi02QlFDRk55QkFZU3lpVzE1M2JoYWd5NGhKa05hRHByeGY4SUpSYlJ0YVRBREhJZWx3cE1WYmZDLWt1SVhpeHFnVWhuc3dGX3lRZ09mSFhZWQ&q=https%3A%2F%2Ft.me%2Fconstantinkogan&v=7grEF712ddA]📸 Instagram:   / constkogan   [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblZ6VGRPdjdxcENZdkFKVWRtR3FyQnVHTEVZd3xBQ3Jtc0tuNE84ekV5T3ZXVzZwbWQ2Yk5oUFlKeDdPVXZuOGZoc29vWDdUUmtmYVRsU2YwcFJRblczUGFfVjdTU21XQk1Yc0dIWGNFdUxyT29heXVSaEtXeWdKbzVwei1wZnFHOHJqVmItcm1RQlFicHVVY0xhSQ&q=https%3A%2F%2Fwww.instagram.com%2Fconstkogan%2F&v=7grEF712ddA]💻 LinkedIn:   / constantin-kogan   [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa2N4NU81dTNDQ0t3eVpDaHJTTTY2YXFCajV3d3xBQ3Jtc0tuZ3NzaEdtekZsMFVvOGROQ2xsOXAxNll1TjJrcXh4dGZ0enBHdTg0RUwzZDV1R3hVaV9jbkJBXzdPdmR5NHhnQlR0SHBfdWk3LWNDemxlMktraGV5bXJqenl2cDJ1X2hxZjh5UUFrZW1wZEdWcmNOMA&q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fconstantin-kogan&v=7grEF712ddA]✖️ X: https://x.com/constkogan [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbWs4cHdjbnllclpleEc3aG9iZWZOLWFkVFVPZ3xBQ3Jtc0trUkhyWDdnRHpMRnBkSHlfYUxuM3JveWhSaHg1TE42bHlWbkhUUmpRbGwySGlnLWMyQVBwQ3F5RU1iNGxSWk0tdlJFRTRab291aGh0VXRtS20tN1BSZVE2RVIxcmhCOTdfa3JWS0IydnBwOGVqUk5Rcw&q=https%3A%2F%2Fx.com%2Fconstkogan&v=7grEF712ddA]🎙 Podcast: https://anchor.fm/constantinkogan [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjdFVDE4Mnd1LTlOWFFraWhCLWExQkNVNERDZ3xBQ3Jtc0trcjgxcjNZSVRmUkRPVncxdnhvSlFaUnRPRkljNVRybWlmZERmMFpWNGVVckhpcGNmLWxlSUJWajVuTl90YXdLOTQ3UGlOUVkwR1A5NmRteVdhNUNLZE5reDRkZW1nb2s0cWkzMzdMdWI5V0twd0tjMA&q=https%3A%2F%2Fanchor.fm%2Fconstantinkogan&v=7grEF712ddA]Timestamps:00:00 [https://www.youtube.com/watch?v=7grEF712ddA] The Bitcoin logo story01:32 [https://www.youtube.com/watch?v=7grEF712ddA&t=92s] The family legacy and the Federal Reserve connection04:09 [https://www.youtube.com/watch?v=7grEF712ddA&t=249s] Freedom, sound money, and why he distrusts government07:39 [https://www.youtube.com/watch?v=7grEF712ddA&t=459s] Becoming a millionaire at 19 and building early companies11:05 [https://www.youtube.com/watch?v=7grEF712ddA&t=665s] Minting gold and silver and the Liberty Dollar chapter19:40 [https://www.youtube.com/watch?v=7grEF712ddA&t=1180s] Creating a local currency before Bitcoin23:06 [https://www.youtube.com/watch?v=7grEF712ddA&t=1386s] First Bitcoin buy and the early Silk Road era25:02 [https://www.youtube.com/watch?v=7grEF712ddA&t=1502s] Mt. Gox, early losses, and the wild west years26:19 [https://www.youtube.com/watch?v=7grEF712ddA&t=1579s] Meeting Vitalik and getting into Ethereum early34:01 [https://www.youtube.com/watch?v=7grEF712ddA&t=2041s] BitClub, large scale mining, and what came next42:54 [https://www.youtube.com/watch?v=7grEF712ddA&t=2574s] Detained and pressured for his private keys43:42 [https://www.youtube.com/watch?v=7grEF712ddA&t=2622s] Jail transfers and no trial diesel therapy49:04 [https://www.youtube.com/watch?v=7grEF712ddA&t=2944s] Six years of house arrest and life restrictions50:47 [https://www.youtube.com/watch?v=7grEF712ddA&t=3047s] FreeJoby.com and the push for public awareness54:17 [https://www.youtube.com/watch?v=7grEF712ddA&t=3257s] What this experience changed in him55:49 [https://www.youtube.com/watch?v=7grEF712ddA&t=3349s] Meaning of life, love, and staying grounded

💼 TON, Telegram and the Future of Digital Asset Treasuries — Yury Mitin | Ep. 102

In this episode, I sit down with Yury Mitin, Partner and CBDO at AlphaTON Capital, one of the first public digital asset treasury companies focused on the TON ecosystem and Telegram economy. We explore the meeting point of Wall Street discipline and crypto-native culture, and how TON is evolving from a token into a real business ecosystem built on top of one of the most used apps in the world. From entering public markets through eToro to evaluating TON startups, Yury breaks down what makes TON different, how acquisitions work, and why real revenue matters more than hype. We discuss the growth of mini apps, AI agents, TON wallet adoption, Telegram bonds, MasterCard integration, and why real utility could shape TON into a top ecosystem in the coming years. Yury explains: 🚀 Why TON is one of the few tokens directly tied to a real global platform 📱 1B users on Telegram and what happens when crypto becomes native inside a super app 🏢 Public markets vs crypto culture and why speculation alone does not survive 💰 Acquisition strategy: revenue thresholds, 51 percent ownership, valuation logic 🕹 TON verticals: gaming, NFT 2.0, DeFi, AI agents and media 💳 TON MasterCard card and bridging crypto to everyday spending 📈 How TON bonds, yield and staking feed back into acquisitions and growth 🌍 North America expansion and how institutions get exposure to TON Why watch? If you care about digital asset treasuries, TON, Telegram adoption, Web3 real-world revenue, or the intersection of traditional finance and crypto, this episode is a masterclass in how public companies can build on-chain ecosystems with real fundamentals rather than speculation. Follow AlphaTON and Yury 🔗 Website: https://alphaton.capital 📲 Telegram: t.me/atonofmemes 💼 LinkedIn: https://linkedin.com/in/yury-mityan ✖️ X: https://x.com/@AlphaTONCapital Listen to the full podcast 🎧 https://anchor.fm/constantinkogan Subscribe to the channel 🔗 https://www.youtube.com/@ConstantinKogan Follow me on socials 🌐 Website: https://ckogan.com 📲 Telegram: https://t.me/constantinkogan 📸 Instagram: https://instagram.com/constkogan 💻 LinkedIn: https://linkedin.com/in/constantin-kogan ✖️ X: https://x.com/constkogan Timestamps 0:00 Intro, who is Yury and what is AlphaTON Capital 1:04 From tech founder to 17 years in venture capital 2:09 First exposure to public markets through eToro 4:09 What digital asset treasuries are and how they differ 5:51 The summer of treasury copycats and speculation 6:56 Why TON and Telegram stood out among hundreds of tokens 8:07 Entering TON Open Network and working with the foundation 10:57 Thousands of mini apps and filtering real businesses 13:23 Key verticals: gaming, NFT 2.0, DeFi, AI agents 15:06 Revenue thresholds and 51 percent acquisition model 18:01 Multiples, valuation logic and public market expectations 22:35 Two worlds meeting: Wall Street vs crypto culture 26:10 Institutional access to TON and common treasury mistakes 31:57 TON Mastercard card and real world payments 34:16 Telegram bonds, yields and feedback loop to TON 41:01 KPIs that matter for growth and sustainability 47:00 Regions, expansion and North America strategy 52:07 Blitz round: DeFi, surprises in 2026 and upside 55:24 Yury on life, family and building what he loves

🧵 Your Wallet, Your Chain, Your Apps All Powered by THIS — Yair Cleper | Ep. 101

In this episode, I sit down with Yair Cleper, founder and infrastructure builder, to uncover the invisible layer that keeps crypto running — RPC, nodes, and decentralized access.From UX and fintech startups to building Magma Devs and contributing to Lava Network, Yair explains how blockchains actually communicate, why most of Web3 still relies on a handful of providers, and what happens when AI agents start transacting on-chain nonstop.He breaks down:🧩 What RPC really is — and why it’s the “language layer” for every blockchain🌐 Why early crypto was simple (run a node, trust no one) vs today’s multi-chain reality🏗 How Lava turns thousands of node runners into a decentralized access layer⚙️ DIY nodes → Alchemy/QuickNode → decentralized routing🚨 The Trump meme coin incident on Solana & how Lava kept Fireblocks at 100% uptime🔐 How infra failures silently break wallets, DEXs & airdrops🏦 Why foundations like NEAR use Lava Pools as public-good infrastructure🤖 Why AI agents may soon execute most on-chain transactions💸 How stablecoins, RWAs & CBDCs rely on infra we rarely think aboutFollow Yair Cleper & Lava Network🔗 LinkedIn: https://www.linkedin.com/in/cleper🔗 Lava LinkedIn: https://www.linkedin.com/company/lava-network/🌐 Lava Network: https://lavanet.xyz✖️ X: https://x.com/yaircleper✖️ Laba X: https://x.com/lavanetxyz✉️ For any business inquiries, email me here:ck@ckogan.comListen to the full podcast🎧 https://anchor.fm/constantinkoganSubscribe to my channel🔗 https://www.youtube.com/@ConstantinKoganFollow me on socials🌐 Website: https://ckogan.com📲 Telegram: https://t.me/constantinkogan📸 Instagram: https://www.instagram.com/constkogan💻 LinkedIn: https://www.linkedin.com/in/constantin-kogan✖️ X: https://x.com/constkogan🎙 Podcast: https://anchor.fm/constantinkoganTimestamps:0:00 – Cold open: crypto, RPC, AI agents & “nobody knows RPC until it fails”0:36 – Intro: Who is Yair Cleper? Magma Devs, Lava Network & friendship with Constantin1:53 – Curiosity, Technion & first startup: building a Wix-like product in 20013:25 – eToro-style startup & the painful lesson of choosing the wrong cofounders4:42 – Business intelligence startup, Cloudera exit & retail tech journey6:04 – NFT summer, meeting Vitalik, mentors & falling fully into the crypto rabbit hole8:05 – Netflix analogy: what blockchains really are and why access is broken11:03 – Read vs write: how wallets, swaps & airdrops actually talk to blockchains11:49 – From “run your own node” to Alchemy/QuickNode — and the new centralization risk13:25 – The rise of “node runners” & why infra fragmentation doesn’t scale16:04 – How Lava works: decentralized access layer, node marketplace & routing19:52 – Sessions, payments & how node runners monetize via Lava20:59 – Lava Pools: why foundations see RPC as a public good24:09 – Fireblocks, Smart Router & turning open-source infra into enterprise products26:54 – Trump meme coin on Solana: extreme congestion & Lava’s 100% uptime story29:59 – Wallet failures, airdrops breaking & “nobody cares about RPC until it fails”33:20 – Defining a new category: multi-provider routing for exchanges, wallets & custodians35:07 – AI agents, intents & why machines will transact 24/7 without UI38:20 – RPC as the “language” of blockchains & Lava as the roads of a digital city41:26 – Stablecoins, RWAs & building infra for the next wave of user adoption47:03 – Regulation, innovation & why infra must mature without killing progress51:59 – Global crypto adoption, Korea’s retail culture & CBDCs vs private stablecoins54:37 – Blitz round: outages, trust, single points of failure & invisible infra55:30 – Yair’s purpose, legacy & why he loves “boring, invisible” problems57:14 – Closing thoughts: making infra great again & where to find Yair