Music Thank you. Thank you. Thank you. Music I love that music.
This is what plays in my head when I think about tokenization all day.
It just chills you out, gets you ready for nice spaces.
I'm sure you're hearing them all the time, Ray,
you're the king of the spaces out here.
If anyone doesn't know Ray, you definitely should give him a follow.
He's hosting spaces all the time, including later today at 2 p.m.'s four hours from now is that correct right yes sir 2 p.m wolf crypto
tuesdays and thursdays if you like what you hear here you're gonna like what you hear there too
welcome welcome everybody happy thursday to the rwa watering hole we got some great guests and
project spotlights today and I'm
excited to get into it let's maybe start with a round of introductions first with
our guests and then we'll go into the projects right why don't we start with
you we're just talking about you why don't you give a quick shout out to
everybody yeah happy to do it and absolutely stoked to be here GM everyone
I am Ray Buckton I'm the head of research over at rwa.world. We are your one-stop shop for tokenized asset and RWA information on
the weekly. We run a newsletter that has subscribers from the European Central Bank,
DTCC, VanEck, Coinbase, Crackton, really bridging the Web2 and Web3 world, where we give you a
under 1,500 word finger on the pulse
of all the amazing things happening in RWA for that week.
We're also cooking up a pretty sleek data product.
So if you're interested in structured RWA data
when you're building tokenization applications,
we are your go-to resource for that as well.
And super stoked to be here with you, Herwig,
and the RWA Foundation and these amazing guests. Always glad to have you. You bring great insights and questions
naturally given your position and insight into the industry. It's truly unique, just like how
I would describe Evie's position. Welcome, Evie. Happy Thursday. Why don't you give a quick
introduction? We're glad to have you. You're now on X and you're here at the watering hole.
I'm now on X, that's true. I used to be more of a LinkedIn girl, to be honest, but glad to be here. Thanks for the invite, Herwig.
So my name is Evie. I run SOMA. We're a marketing agency specialized in helping Web3 projects connect with institutions. So we do a lot of thought leadership and branding that makes sure that you're going to be the
trusted partner for banks, asset managers, and you name it.
And I think it's a really great time to be in the space because as we can see, institutions
are taking on massively and every day there's a new piece of news that just proves that
institutions are here to stay and they're willing to jump on RWAs.
So very happy to be here.
Happy to see the guests that we have here
and hear more about the projects.
I think we have Mive, Brayken, and MetaWales, right?
Yeah, MetaWales, they're looking to bring somebody else in,
but we got some other projects too
that we may bring in spotlight.
But for now, we got a lot of other topics to cover as well we'll keep the train going but love the institutional
angle that you're always able to bring into the conversation here uh and uh speaking of
institutional angles we also got the crypto uh credit guy there or the credit guy uh boris how
you doing man how are you i am doing pretty hot it is
well i'm doing pretty good i i'm pretty hot it is like 30 plus 35 degrees here in london and i'm
i'm uh i'm in my suit because i just got home from a lending event in central london talking
to a lot of uh mortgage brokers etc and And the number one topic is AI, making things simpler in the space in terms of broking and
getting credit deals done.
But the number two topic, and it's a pretty close second, it's a bit of a photo finish,
is stable coins, RWA adoption, tokenization of credit offerings, et cetera, which is obviously
a topic that's very close to my heart.
I'm talking to a lot of people and talking about Web3 adoption, and I was surprised by
the amount of knowledge that these guys already have, that they've taken it upon themselves
to learn literally in the last three to six months.
All of them talking about, you know, TradFi versus DeFi, I kind of had to pinch
myself and I was like, wow, am I at a lending conference in London or am I at Token 2049 in
Singapore? It is happening and it is happening fast. So everybody should buckle up and get ready
because the institutions are coming and they're coming with trillions of dollars of risk capital behind them. Man, you just got me amped. Look at you already having an amazing productive
day. Many of us just getting started over here in the United States. I love to hear it. Just like
we heard from Evie, institutions are coming. You bring that credit angle that we all get to learn
from. We appreciate you being here, Boris. And we also got the the helpful guide the curator
the one who brings it all together Zeus what's going on man how are you introduce yourself to
everybody yo yo GM it's good to see such a such a filled panel on the Thursday um no I'm excited
to be here I think most of you know who I am I'm Zeus. I float about everywhere on RWAs.
And yeah, I do my thing and it's exciting times ahead.
Like Barth was saying, there's money looking to come in
and it's only a matter of time before we see that flow through projects.
Excited to hear from the guys at Brickon and Maeve as well
and see what they've got cooking.
So yeah, can't wait to listen in and I'll let them go ahead.
Yeah, it's a great transition.
And I gotta say, aptly to your name,
You are everywhere in RWAs.
Give Zeus a follow if you haven't already.
Let's hop on over to our project guests
and maybe we can just start with some quick introductions
and then we'll start into some deeper questions.
We'll start out with an introduction from Edwin. How are you from Brickin?
Hey, what's up everybody nice to see a bunch of familiar faces. So everything is good
Yeah, so institutional why not they're actually jumping in so I got a follow with that
Then the space is changing a lot and we got to be ready for what's coming because we are not even ready.
Like we think we have been preparing for this moment for years, but just the light speed of everybody talking about tokenization,
realbacks or whatever the stablecoin treasure is.
I think the suit up guys are about to come.
So maybe the next space is actually going to be held in LinkedIn.
We can go back to our normal model, normal X.
So happy to be here, guys.
And yeah, let's have a great conversation.
A lot of maybe two people are thrilled about going to LinkedIn.
Evie just made the jump to X, you know.
You just got to do both, right?
Absolutely love to hear it.
I can't wait to dive into you guys.
A big, big announcement on your brick and wallet, and we're going to go into your ecosystem in just a minute here.
But first, I don't want to leave out the very special May first time here at the RWA watering hole.
Can't wait to also have a deeper conversation.
But why don't you give a quick punchline introduction to everybody?
Jonathan King here from May.
Very happy to see some familiar faces of course zeus um boz really really excited to be here love you guys energy already i've listened a couple of
times personally but uh it is our first time here so very excited to be here all right again the the
rwa watering hole bump today uh we can't wait to dive into it, but I do want to
jump into this trend here. I know that on the Brickenside, we just heard some big news. So I'm
going to quickly pivot back to Edwin here and we'll get back to you shortly. But as we just heard,
everybody, it's honestly a perfect storm. I've been in the space since the very beginning, from day one, really.
And it's been coming a long way.
And now you've got institutions coming in with the banks and their asset managers. You've got, of course, even the crypto natives and the crypto companies like Coinbase, Kroken,
Gemini, and everybody else moving into the space.
And then, of course, the tokenization pioneers, like who we got on
stage today that have been building out the core infrastructure, the asset tokenization engines,
and everything else. And at the same time, we have a cool wave of RWA native tokens
launching as well. So covered by Robinhood, who I got to say is probably taking all of the media
comes to talking about tokenization which i think is great go vlad go bring tokenization to everybody
so with that uh you know tell us edwin tell us the brick and story give us give us the quick uh
origin why did you start this and uh and tell us as shortly as you can you know how far you guys
have come yeah so i'm to be super quick here.
Uh, we started in 2020, just as an idea, we pivoted from trying to be a real estate
crowdfunding platform, who just a little bit of technology.
I always had a little bit because we were thinking about, yeah, crypto payments,
but we were not falling to the blockchain rails.
And in 2021, we received a Spanish grant because they wanted to well we applied
and say okay what if we just do everything on blockchain kind of like the full back end
and we got it so we were like okay now we're forced to to start working because we got a grant and we
applied for this and basically we started going down the rabbit hole we were already kind of like
engaged with how blockchain can be running all not just the payments but also kind of like engaged with how blockchain can be running all not just the payments but also kind
of like the transactions the settlement so our proof of concept became our our company uh then
a couple of years later we started developing what is our application today we deployed on 2023 and
and yeah i mean we we we went through the desert a couple of here players already been through that desert where we were more on the educating phase as to what is tokenization, what are
financial instruments on chain, why we should do it.
And there was also a negative market at the time because everybody was looking at it at
the democratization layer, but it was nuts.
You don't need technology for democratization.
You can issue 1 million shares and sell one share.
That's already fractionalization.
So kind of like when we started developing the application that we have now,
it was more on the efficiency layer.
Kind of like, okay, yeah, you can democratize,
but have you thought about all of this?
So everything that we are running or building in Brickin
has to do with kind of like always providing the most efficient,
the settlement, the reconciliation.
Yeah, we develop an application of a wallet alongside DFNS, shout out to them.
We have an MPC wallet, which is one click.
But the idea of that is behind that
we are going to provide building on treasuries.
So we are always building,
not because the market knows what they need,
because they're still trying to understand
But since we already been in the space
talking with other players institutional non-institutional we are building what they're
gonna need in the future right we are trying to build on top because once they get in on on on
that tokenization layer on the blockchain a lot of other ideas are gonna pop up to them because this
is this is the journey right we all go with the bitcoin layer then we understand
okay let's play with ethereum oh nice an application adapt d5 oh i can generate my own
collateralization or my own yielding like i think this is the path of everybody who jumps into
blockchain so by the end of it they're going to see the full potential like the democratization
layer no my friend that was just like the top, top layer.
If you go down, you can do a lot of cool things.
You mean collateralize your equity tokens of debt, collateralize whatever,
yield on top of your stable, your treasuries, connect here,
play with these people on the DeFi layer.
So, I mean, it's just one huge network where we're building.
So, yeah, super exciting times for us.
And yeah, we now just to shout out to the team,
we're about to engage with a couple of different licenses.
Now we're stepping up from being a mere software provider to actually engaging
with different stakeholders, but with the license game.
So, yeah, growing with the same, i think we're growing parallelly as the
as the tokenization market is growing yeah no it's yeah it's growing fast now and uh so you
you know now you're not just real estate you're you're really tokenization rails for anyone uh
tokenizing assets in capital markets is it multi-chain you know you mentioned it's uh you
introduced a wallet tell us a little
bit more about the the underlying uh blockchain infrastructure yeah so evm uh we deploy everything
on ethereum then we pivoted to base polygon avalanche and bmb where we are an official
tokenization provider so for us uh the evm layer has always been kind of like the go-to
because also the expertise on our team we don't have
ross developers so solana was never a thing and another one so we stay to our model okay we deploy
in ethereum we go multi-chain from there and now uh through the journey we could be in thousands
of chains but now it's a lot about fragmentation and easiness we don't want to put too much
burdens on our clients and even that we're abstracting the chain.
We're doing CCIP, already talking with Leader Zero,
where we can move the assets on the backend
without the client knowing what is happening.
And I think that's going to be the beauty of how we're going to board people.
Like blockchain is not the product.
The product is what you're putting on chain,
the financial instrument or the real estate backed or whatever. That the product the other one is just the application and people are used to
not knowing how it works they don't even care how it works they just want to click and play
and that's where we are really pushing with our npc wallet login password creates a wallet you're
still the owner basket you sign kind of like things they already use with other day-to-day
application that's what we're trying to bring into our application and with the blockchain is the
same um through the ccip we're going to manage everything in the back end and the user only has
to have the nice experience of i want to invest here okay fine i fund i deploy capital i receive
my asset i'm good to go once we have that i, yeah, that's how we're going to onboard the rest of people not into the Web3.
Because when you enter the Web3, the barrier of entry, when you're understanding how everything works, it's not that simple.
No, it really, really isn't.
And you guys are, you know know similar to almost coinbase you know
really trying to build out a full infrastructure for to onboard people into rwas so my last
question before i pass it off to the the rest of the animals in the peanut gallery here uh is uh
you know what are your goals for the year what you know you're clearly building all the time are
there any future initiatives that you guys are focused on next and tell us some of those sort of maybe the targets or kpis you're
looking to hit uh by year end yeah so kpis uh we already surpassed the tbl of 35 million we want to
we want to end up with 100 millions on their not on our management on their visions of our clients
so the tbl has to surpass 100 million uh that's kind of like our kpi on the issuance of our clients. So the TVL has to surpass 100 million.
That's kind of like our KPI on chain.
Then clients, yeah, obviously keep onboarding, keep scaling.
But for me, kind of like coming from a legal background,
the cool one that I kind of build with my legal team is get licensed.
So we're applying on different continents.
Even right now, we're doing a whole restructuring of the company,
which we're going to double down as to how we enter 2026. So right now we're in the process of obtaining
different licenses for different products. And that's going to be like the version of Brickin
that we want to show in 2026. It's like, yeah, I'm the software provider, but now I'm also
your ally into Capital Foundation and Structuration. We can connect you here.
I can get you this capital or move it around.
So that's kind of like how we foresee ourselves in the next kind of like,
we were always in the back end, if I may say, kind of like playing and supplying.
But now we're like, okay, fine.
We already have a brand in the market.
We already know the players.
Let's step up our initiative and actually become
kind of like a regulated player, a broker, a custodian,
and a bunch of different things that we're applying. So hopefully, yeah,
the end of the year for us is we become a bigger player
from a regulated sense, but in the back, always trying to make
a customer experience that excels and
try to grow and bring all those millions on chain. Love to hear it, Edwin. We're big fans
and we're proud to have you as part of the RWA Foundation. And yeah, let me pass it on to anybody
else here on stage. Anyone have any questions about Brickin or any other topics that you want
Edwin, I just want to jump in, man. So excited. I also just remembered that you guys are up in Barcelona. I'm actually in Granada, so right outside of Granada. So lots of things that
Maeve and Brickin can do. And kind of the most exciting thing is I'm loving to see multiple
projects in the space move towards creating these real solutions. There's been, you know,
all other kind of cycles have been, let's create things that people get excited about and are
willing to give people money for and let's try to get rich fast.
But now I think with with the institutions adopting things and and there being an absolute need for that bridge between Web 2 and Web 3,
I'm just really excited to see projects like like you guys building that infrastructure to help make that so easy.
So, yeah, very excited, very excited.
I definitely want to echo that, and that's part of the perfect storm, right,
is regulation is lining up.
The licensing and the clarity is coming, and the infrastructure is going to be in place
to make this a safe space for the entire planet to
take advantage of the new operating system of rwas that's that's what it's all about i see we lost
edwin for a sec i'm just going to bring him back on stage did you have any comments uh to mave uh
edwin otherwise i'll i'll see if anyone else has any other questions. Yeah, sorry. I dropped. So I kind of missed the last two minutes.
I was saying I was very excited to see you guys and what you're building.
I also remember that you guys are the group that are located in Barcelona.
I actually live in Granada.
I actually live in Granada, so right outside of Granada.
So right outside of Granada.
So we've got some tapas and better moot to take care of here in the near future, man.
And what I was repeating is just that I love to see companies moving kind of in the same
direction that we are, looking to build things
that actually create real value, and then showing the Web2 audience, people that haven't been
exposed to crypto over the last seven, eight years, showing them how this works and why it is such a
big piece of what is next in in everything like in technology and finance and cross-border payments
that's what we're focused on as well but um but yeah really excited and also really excited to
connect so great work yeah so maybe we should have like the rwa foundation come to barcelona
one time to to have like a big launch of rWA gigs. That would be amazing.
I see you coming together.
Anything is possible with RWA's.
Let me pass it on to anyone else.
Before we, because now I'm excited to jump into Maeve.
Tell me, anybody else, any other questions for Brickham?
Yeah, I'm here, Jason here from the STM team.
It was a great time, you know, writing that report with you guys a while back. So always excited to hear updates from you guys.
And congratulations on this one with the wallet here.
Can you give us any insight or previews into the kinds of assets you're going after here
that maybe would be maybe newer to the platform?
Yeah, of course um basically from the inbound perspective we don't stop any asset to be tokenized kind of like a client comes in they
want to do their ip or the equity of some company or some asset back we always give them the rails
because in that sense i'm agnostic i just have to provide them the software and wish them best of luck.
But in the end, it's not my business if they are successful or not.
So on the outbound, yeah, on our sense, we are targeting more financial institutions.
We're trying to go with a lot of web tool lending companies who need a lot of capital and movement and trying to bring them on chain.
So that's something that we are constantly targeting.
And basically, we believe that that kind of volume is going to help us generate more clients.
Because if we can onboard those top companies, and we have a success case in Colombia, the biggest now lender, micro lender, it's
actually now a client. So they're going to start pushing a lot of their issuance on chain
and that's going to generate us a lot of movement and that's going to showcase that, hey, you
know, you're a web tool player, but due to our user experience, you can still maintain
that kind of like web tool efficiency. And that's where we're trying to go. So we do
conversations with and this is not a formal with some banks but it's always kind of like super slow
they're trying to understand and they got really excited about like the yielding and the stable
coins right so we let them play with the stable coins but someday they're going to probably end
up digitizing some portfolio or giving exposure to some of the clients to tokenize portfolio and that's where we're going to step in so right now we say hi to everybody we invite to
launch to everybody but in the end on the album perspective we are going for those heavy volumes
so right now the our test is kind of like going for the lending lending providers that's something we found super successful on our end
lending is uh is a big big theme in tokenization space right now so that's that's fantastic
uh to hear that you guys are gonna be expanding into that and of course in different regions too which i'm sure that different varying interest rates will have impacts on
uh the markets that will be hosted on your platform down there
maybe something that we're gonna draft in the renewal of our research
Because we got to think about the 2025 version.
Let's put more research out there.
And actually I have one last question before we're going to move on here,
which is I know you guys have your BKN token.
So, you know, to what degree you know you
can kind of describe how you know you guys have your sort of native token and how that works with
your ecosystem would be awesome i know that's a popular way for people to want to sort of be able
to back you yeah of course um yeah so i mean we still maintain the utility. At the beginning, we abstracted the payment of
the BKN because even some clients, when they wanted to onboard, it was a payment token. So
if you wanted to do certain transactions or functions, you needed to pay in our BKN. So
we transformed the credits and in the backend, we do all the heavy lifting. So the payment,
we go into the pool, we secure it out, or we do the payment on behalf, because we started doing some functions on behalf, just to hide the things,
because the utility factor is, I mean, we all know some utilities work, some others, but the
important thing is, it should never be a friction of your clients. And we had a lot of problems with
that, because people will say like, but this BKM, what does it mean? Or do my investors need to hold it to invest in my opportunity?
So we have to re-educate people that like, no, you don't need to, you give
these possibilities and whatnot.
So what we're doing with all of our abstraction is the BKM is still
functions for transactions, even in the wallet level.
We pay up some fees with our BKM, but people don't see it.
with an automation straight to the market to do what is required so we are now just automatization
and yeah and some things are beautiful because uniswap before allows you to create a bunch of
hooks so we are just automatizing let it work how it does and then people will say like oh but where
do i see the bkn is like i'm something i'm
going to show all the wallets that are doing certain things and then you will understand that
we are actively involved with our clients in the vkn because it is it is it is true i mean we
brick and i will i always say brick will not exist if it was not for its token and its community
it gave us the powerhouse and the funding and the exposure and the branding. So it will be completely responsible.
And sorry for me being a complete asshole if I will say like, oh, no, no more utility.
So on that sense, we always protect that and we always continue doing so.
And in the future, we have a couple of utilities lined up for next year from a regulatory point of view that are going to be quite cool.
I know I'm super excited for it. And, you know, I do see a popular trend of sometimes
revenues going back towards buybacks, another way to create some interest around the token.
But you guys are on fire. You guys are exploring everything. I can't wait to track and keep
everyone updated on that. For anyone who's new to RWAs, you know, you get to buy the tokenized
underlying utility and native governance tokens and the like related to this infrastructure that's
growing and in many cases growing fast into the billions for some of these tokens. So a very cool
trend we love to support here. And as we move on to Maeve, I want to take a quick break and say,
I vouch for everybody who's on stage here as experts in this space.
They each bring a unique angle to the space.
I recommend you give them all a follow.
And in fact, as part of our mission with WALL-E and the RWA Foundation is we're here to lift everyone up.
So you should give a chance to go through everybody listening, see which profile pictures you like, check out their bios, give them a follow to lift everybody up and maybe you get a follow back. I know I'm going to follow some
of the regular visitors here that I keep seeing showing up. You're definitely going to get a
follow and keep it up everybody, but let's move on towards Maeve. So somebody is running out the
door right now. They got to jump on a call. Hit them with what they should know about Maeve.
door right now. They got to jump on a call, hit them with what they should know about Maeve.
Maeve, thank you guys for this opportunity, first of all. So really what we are is an
internet capital markets platform, and we built it on Ethereum. What we focus on is private
equity style deals. And most of the time, or historically, those have been restricted for institutions.
So we've democratized that and allowed individuals to be able to leverage our token
as an entry into the platform. And then you can actually invest in the tokenized equity
interest in these deals. So these are early stage real estate deals,
a lot of commercial lending, refinancing, and like instead of the traditional RWA projects,
we're tokenizing the finance side. So the actual financing for these projects. So
pretty simply, if we have a real estate project and we're right at the beginning, this would be like the seed round of a crypto project.
We actually have the relationships to invest in those and they have guaranteed.
I don't want to say guaranteed contractualual returns based on the investment that we make.
So we create the pools for those on our platform and people can choose based on what they like to invest.
So it's really a focus on giving people access to like secured fixed return opportunities with real world collateral and transparent terms.
Love it, love it, love it. And I have checked out a little bit ahead of time. I've learned about you
from many of your fans like Zeus and Boris and others, but I love hearing it from the horse's
mouth. So tell us a little bit about your background and what got you into starting
all of this. I like to call it, what's your RWA pill moment?
So I'll actually talk about our founder, Nick.
I'm director of growth. I love just kind of also talking about this project, heavy investor in it as well.
well. So got some interest for sure. And what I can share is that Nick really, with his background
So got some interest for sure.
in commercial real estate and heavily on the finance side, he was able to raise and also
manage hundreds of millions of dollars to build out construction projects all around the UK and a few in Europe and the United
States. What he realized, and especially during COVID, he had this light bulb moment where
things got really difficult to find financing and financing that actually was flexible enough
to stick with the projects and most of the traditional routes had kind of dried up.
And if you've been in the crypto space over the last two years, and if you've been raising
any money for your projects, it's very similar to what's happened over the last two years.
People don't know what to invest in.
They were very nervous around what's going to happen in the
future because of COVID. And so everybody tightened up. That really pushed Nick into thinking there
has to be a better way to do this. And so he had been exploring and doing some trading and
investing in different blockchain and crypto projects. And he said, man, I've got to be able
to figure something out. And so
the first thing he did was spend about two years working on the legal side and saying,
is there a way to be able to kind of break down these contracts and offer this to regular
retail investors or just regular people, similar to what Robinhood has done for stocks.
And as he was thinking of that,
he found a couple of people
and started attracting the right people.
And this thing really took off.
So they spent about the first two years
really working on the legal side and getting it in place.
And we've become one of the only projects that we know of that can actually advertise
the projects and fundraise for the projects that are going to be on our platform.
So those are, you know, anywhere in the world.
And so that's a very unique thing.
And with MAVE, we're going to be able to really give people access to these opportunities
that only high net worth individuals have had and only the Black Rocks, the Black Stones
have had access to for decades at this point. That's absolutely the case. And that's why we
started Wally as well, the Wally Dauphin anyone who doesn't know, trying to bring all crypto natives and all people together to give them a voice in what's happening here.
Because we do see the institutions moving in and building the same infrastructure that they'll control all over again.
But now hopefully we can get access to it and decentralize it. And that's why we're a big fan of these native tokens as well.
But so, yeah, tell us more about like when did NAV start?
Where are you guys based?
Yeah, so we're actually registered in Germany legally, but the company and the founders are based out of Ireland.
And we've got a fairly decentralized team as
well. So one of the things that was the first focus was the platform. And then as we've been
moving through the building process and getting ready to launch our test net in a couple of weeks,
what we also realized is that there was a need to be able to
onboard larger amounts of capital. So as we are focused on the smaller retail investors,
there was also a need for some of the other relationships we have that were looking to say,
hey, well, I've got a very large sum of money. How do I actually move that into crypto?
And again, the Web2 guys who have never been exposed to this.
And so what we what we realize is across multiple countries and for their own business,
there was an opportunity to create something simple for this space as well.
And so we've been able to successfully do that.
We have LOIs and a commitment with one of our partners of over $1.2 billion in monthly
volume that we're actually going to be able to move on chain and
start transacting. And so the benefits of that product is that it's going to make it so much
faster to actually move large amounts of capital. We're going to reduce the fees and it's safer and
more transparent. The traditional space now or what people have been doing with the traditional banks, you have all of these intermediary banks.
You actually don't know where your money is going.
So many people are are moving the funds if they're actually moving funds, because a lot of time it's just banks giving credit to another bank.
But we were able to see that there is a massive demand for it.
And as we've been doing some business development,
we've grown that commitment amount on a monthly basis as well.
And we're excited to launch that.
That product will also be able to feed back into the token.
And so to stick with our Robin Hood theme of really being able to democratize these opportunities, we also want to be able to support our community and investors with with essentially being able to kind of share some of those those benefits that we're generating from that side of the business as well.
And, yeah, and support a lot of the projects that we're going to also have on the platform.
So that is really what we've been focused on.
We're a couple of weeks out from releasing kind of both of those products and just getting really excited.
Yeah, no, I bet only you said a couple of weeks just in time for our RWA summer here.
Is there any more you can share on sort of like the tech stack and chain partners and
or other, you know, infrastructure partners?
So, so far we've built on Ethereum.
That's kind of the base of everything. We have been looking at a few other
chains and also similar to what the guys at Brickin are doing. We understand that it is about reducing
the friction. And so there's a plan to launch on multiple chains. So we're very, very excited about
what they're doing at Avalanche. We've been excited about what the guys are doing at Arbitrum. Personally,
I'm a big fan of XTC as well. So lots of different opportunities there. And what that will allow us
to do as well is just give our platform more exposure to those communities. And then we can
create something special with them so that they can even have additional benefit and even utility for their native tokens.
Oh, I love everything I'm hearing. I got more questions, but I'm going to pause and see,
does anyone else want to jump in? I got something pressing. They want to ask me if you're on stage.
Yeah, super stoked about what you guys are building.
Amazing progress all around.
I'm really curious, just in the last like six months, for example, I mean, we at RWA
World have seen a huge shift in terms of the tonality and the interest from institutional
Curious what you guys being so close to the tokenization fire, kind of what you've seen
in terms of shift of sentiment just in like the last six months, for example?
Absolutely. Great question. Probably similar to you guys.
If you've seen just the news, they are trying. It feels as if the institution are trying to play catch up.
are trying to play catch up.
You know, I do think that we have an advantage with experience
and also just an understanding of how this industry works
and how we're all connected.
And so what they have is a lot of capital, you know.
And so what they're going after right now
is trying to grab as much market share
and trying to figure it out.
But the advantage that I see
that most of anyone who's been in the space for a while, what we have is that experience
and these connections and relationships and a true desire to create something that will actually be
valuable. And it's not about just extracting the value. So they are very interested. And I think what opportunity
kind of resonates for everyone here is that we're the only people that can really give them
the information. We're the only people that can really kind of give them some additional insights
into how to go about doing this and how to do it the right way.
So that's the other thing.
So for me, I've gotten really personally passionate
about bringing web to companies with great founders
who have really good intentions.
That's how I got connected with Nick
through a referral actually,
because I'm very clear on who I like to work with.
see that and you're looking to create real value and you're looking to create real impact, I am
a super fan of like, hey, let's open up the networks, let's connect everyone and let's
make something happen because it's going to create a bigger impact and more value for this space, which we all love.
Yeah, that's so, so true. I love how your approach, I align with everything you're saying, especially in an interoperable and multi-chain world. Going back to your role as sort of head
of growth, are you more focused right now on asset tokenization sort of growth on the platform and partners there? Or
what kind of plans can you share here on community growth and any sort of alpha for
anyone listening on how they should participate in that? Oh, of course, of course. And obviously,
you know, Zeus is our number one guy as well. And so, of course, we can share a bit here in this space.
We appreciate being here for sure. But the focus, we were able to go out and explore
relationships with different commercial real estate companies in the States and working
through the founders' networks. They've been in the industry for decades at this point as well.
And on the deal flow side, with those larger opportunities and for the projects,
we were able to get an overflow of deals.
And so that happened really quickly.
What we then started to focus on is let's build out, and we're doing this in a different way.
I think that also has been a bit uncomfortable for the traditional crypto or token investors,
because we are really building a real project and a real business. And the focus has been
create that value and make sure that we're buttoned up when it comes to everything from the legal side to to a real value offering.
And then bring that to the market to some of the people that we already have relationships and build these case studies.
And and obviously with that, you know, one point two billion dollars a month that got people really excited as as well because we were able to prove that piece
out. And then with some of the projects that we're also bringing to the platform and some of the
other investment opportunities that we have. So proving all of those things out, the next focus
is really attracting the right community. So we haven't gone about it in a way of let's just blast this out and let's hire some group
to get us 50,000 followers and go about it that way, or let's do some crazy airdrop.
What we're really focused on is trying to educate people about what we're doing and
attracting them so that they would be really, really actually interested and engaged within the community and engaged within
these projects and understand how they can participate and then how they can benefit from
it. So that is our next phase with the launch of the testnet coming up in a couple of weeks
and also the launch of the cross-border product as well.
It is about educating people right now,
attracting those right communities,
and then spreading the word about what we're doing
I've said it a couple of times with the testnet release.
Tell me more about the MAVE token itself.
As I said earlier, we're big fans.
We heard from Edwin about their BKN token.
Anything you can kind of share on the vision for that?
So the token, one of the unique things is that we're going to be one of the few projects, if not the only one, that is really able to give our token holders
an opportunity to have some choice in what happens.
One of the, actually, I don't even know if I can say this, but let's see.
I might get in trouble, guys, but I'm saying anyway.
So we have a model that is taking some of the revenues and the profits from the business side and returning that back into the investment pools.
And there's a very large pool that will be started for the holders of MAVE.
Obviously, there's some levels to things and how you access it, but it's a direct association with how much
MAVE you hold and et cetera. But we're reinvesting those profits into that pool, and then the
community will be able to decide what do they want to do. Are we going to do a buyback and burn?
Are we going to donate some of that to a MAVE Matters organization? You guys will hear more about that in the future. Or do they want that distributed to their wallets? So that is something cool. And it really
is why we're so focused on bringing in the right people. We know what's behind this project. And
we've seen the projections and the numbers that we were going to do, even just with
our first clients. And the exciting part is that, hey, guys, we're really going to be driving this
value back into your wallets, back into your communities, back in the projects that you care
about. Absolutely love it. A lot of the same futures we are using in the RWA Foundation Treasury for Wally. Absolutely love it, love it, love it. This is the future. And it's, I think, the future of crypto. So you heard it here first. Hopefully you don't get in trouble. We appreciate you giving that to us. That's amazing. I absolutely love it. Any follow-ups? Anyone else have any other questions for Maeve?
You can be in the audience as well.
In fact, I want to give a shout-out to many in the audience,
especially those who stayed throughout and continuously to show up.
Alpha.rwa, Ninoki, Nacho, Undyne, Dan, Grid, many others.
Love to see you all in here and any new faces.
Welcome, welcome, welcome.
We do this every week, every Thursday at the same time to promote RWA projects and talk
This week is actually all about all eyes on Washington, D.C., where they're voting on
the Genius Act once again.
So there is resistance, folks.
This isn't as clean and smooth as I just jumped on a dog toy here. where they're voting on the Genius Act once again. So there is resistance, folks.
This isn't as clean and smooth.
Excuse me, I just jumped on a dog toy here.
It's not smooth and clean here as everyone's hoping for the Genius Act to pass.
But I think everybody on stage here
is hoping for that to be the case.
And meanwhile, Robin Hood continues to get flack
from many different groups about what
But nothing's going to stop them.
As I like to say, the genies out of the bottle on chain stocks are here.
And this time they're here to stay as they were a fat in the past that fizzled out under
FTX and Binance and others.
But yeah, any any thoughts from the rest of the crowd here?
Yeah, any thoughts from the rest of the crowd here?
If not, we may just move towards closing comments
and not seeing any volunteers from the audience for questions
We love doing lightning rounds.
If you're working on something in RWAs
and you want to talk up here for three minutes about what you're doing,
we will give you the spotlight.
Just raise your hand or request to speak.
Otherwise, we'll start going around the room.
Hey, we got a credit guy.
Boris, what's going on, man?
You're raising your hand, but you're muted.
Sorry about that uh yeah as always just kind of um wanted to put a spotlight onto casu you know uh bringing private credit on chain we've uh
secured 40 million dollars of lending interest for for casu um so i think it's a fantastic opportunity. Check us out at Cassie Finance.
And also just to kind of really draw the spotlight on both Maeve and Brickin,
both of whom I've grown close to or closer to over the last few weeks.
And I've got to say, I'm really, really impressed with what both of them are doing.
I think they're approaching the whole uh ecosystem in exactly the right way I think that you know everybody's heard me on who listens to these spaces has heard me bang on about um the importance of
engaging with institutions as you democratize the entire process you have have to do both. There is no way around it. They're just
too well dug in. And I think that these two projects are quasi-unique. I mean, you know,
they're doing different things, but they're unique in the space in terms of the maturity
and thoughtfulness of their approach to tangling with institutions, which, you know, I actually
dropped off the beginning of the space because i got a call from a 21 billion
dollar hedge fund to set up a meeting with a crypto project that i'm representing to hopefully
raise 100 million dollars of debt capital um so the institutions i know i say it every time
they are so here they are so keen they are so are so frothy. And it is absolutely the moment.
And people like Maeve and the guys at Brickin who are figuring out ways to accept that capital
in a way that those capital providers can get comfortable with and to move that capital
from point to point in Maeve's case with the cross-border
You guys are going to make bank over the next four or five years.
I'm very, very bullish on both of those projects.
Love it, love it, love it.
And maybe next week we can do a bigger spotlight on Kasun, the amazing things going on over
But who knew, man, your years of slaving away in the banking world, and now you'll be the transition for them into the RWA world. What a time to be alive. What a great place to be.
And I also want to give a shout out to Brickin, who we lost Edwin on stage. And make sure you
give him a follow and the Brickin account. That's Brick, B-R-I-C-K, and then K-E-N. Make sure you go
give them a follow. And Zeus, who, who, uh, is, I know going
through some troubled connection. He's got an amazing chat lounge. If you're a builder in the
space, shoot Zeus to DM and see if you can get in. He may just let you, uh, but otherwise he is
covering the space far and wide. So I love following his content. He is very, very active
here on X. Uh, why don't we pass it on over to Evie?
Want to share your closing thoughts for the week in the space?
So I just wanted to say you mentioned there is resistance around, for example, this Genius Act.
And yes, I think we're all seeing this, but I think it's also a sign that we're actually trying to change something really big.
Like we're trying to change the whole financial infrastructure that's been there for decades.
So if it would be happening too quick, probably that would be a sign that this is too unsustainable.
And I'm actually happy to see a little bit of resistance moving back and forth,
because that means we're really settling in and locking in.
So I would just say glad that we're all here.
We have been here on time.
We are here for the long run. and making a big change takes time.
I'm actually, that was actually a motorcycle.
It's really loud in here actually.
I'm here for the long run and I think we're all here for the long run.
So stay positive and keep in mind that big changes take time.
Sorry for the noise, guys.
No, we heard you loud and clear.
We just heard the motorcycle.
So no, but totally agree with you.
Ray, you got a follow-up on that?
Sorry, was that over to me?
I'm having some latency issues.
Oh, sorry. I saw you unmute. So I thought maybe you had a follow-up.
But I, of course, completely agree with Evie's comments that we've been waiting for a long time,
for over a decade now in the crypto industry for some kind of regulation.
So let's hope that when it finally comes, it's done right.
So I totally agree. Hopefully we get to see that.
And hopefully we're going to keep seeing that all around the world, right?
It's not just here in the U.S.
This is a global movement.
And that's a beautiful regulatory arbitrage and pressure that is applied on the U.S. to conform.
So I love to see tokenization happen everywhere.
But, Ray, I'm going to pick on you now.
What are your closing thoughts for the week?
It's the most exciting time to be building in tokenization.
We're finally seeing a maturity of the Web3 industry beyond speculative pumponomics and token go up.
One thing I absolutely love about the perspective that Boris shared is that, you know, Warren Buffett didn't get rich by trying to chase five X's every single time.
He slowly and methodically built up a portfolio of assets that are fundamentally valuable and give him a level of sustainable yield.
And I think that's what we're finally seeing is a recognition from our industry that this little thing exists called the risk curve.
And I think most people who are Web3 native perhaps didn't even know that they were on it when they're positioning their assets in Web3 assets.
So very exciting times. Super stoked about it. I do not have a motorcycle background,
unfortunately, but I do have some loud kids. So we'll see if they'll grace us with their presence.
Super stoked to be building in this industry. Super stoked to be building with so many amazing
people. And definitely echo EB's sentiment that it's not going to be a straight
line up. It's kind of like the early days of the internet. You know, our good friend, Vinay Gupta,
building Materium, he actually let me know something I didn't know, which is back in the
early days of the internet, France decided to give you this weird thing you had to hook onto your
wall. And it was like your own kind of version of the French internet. And as the rest of the world
moved on, that kind of fell out of style because it's just too bewagered, complicated, and weird. And so to your point, Roig, definitely the regulatory
pressure is on for all jurisdictions. And we're seeing a lightning round of who can offer the
best regulatory clarity in a sustainable way to bring us into the bright neon future that is built
on distributed ledger rails. So super stoked about it. Spot on. And it's not your closing thoughts for the day.
As I mentioned earlier, for anyone who didn't hear,
Ray's hosting another RWA Spaces with Wolf at 2 p.m.
Eastern today. That's in three hours from now.
And of course, go check out the RWA World newsletter.
It's fantastic. And speaking of great newsletters,
we've got another one, another great curator on the line here, Jason from STM.
What's going on, Jason? Tell us your closing thoughts.
Hey, hey, everyone. Great conversation here. Great hearing from Brickman, of course.
Nice refresher and all these great innovations that they're working on, as well as Maeve here.
What are you guys doing? I think it's cool, right?
We got to feature here an infrastructure provider and then Maeve was actually curating some of these deals that again passively we're not you know that
accessible beforehand um which is really cool i love to see it um and to everyone's points on
institutional adoption yes um it's it's accelerating very quickly right now but i think everyone's
also trying to be as cautious as possible too to do this right the first time and not essentially recreate what
exists today right um so this is all very exciting news uh please catch us also on the stm channel
markets underscore on chain for mondays on chain that's mondays at 11 p.m or sorry 11 a.m eastern
excuse me uh where our twitter space mondays 11.m. Eastern and also subscribe to our newsletter newsletter.
What's dripping for the latest news and data charts,
before I give us one little Wally update,
Close us out for the week.
Man, just really excited about where we are and yeah, just looking forward to being more
We've got a lot more spaces planned and we just spent the last three days creating about four months of content.
So we're going to be pushing out some stuff there so that everybody can see more of what we're doing.
And looking forward to connecting with a lot of you guys.
I tried to follow everybody and looking forward to that party in Barcelona.
So hopefully we'll see everybody there.
Yeah, that sounds like a great time.
I'm a big fan of Barcelona.
And also, thanks for having, coming on.
We look forward to working more with you
and watching your progress and success in the space.
With that, of course, for anyone who doesn't know
about Wally, the Wally Dow,
you can go learn more about that at W-A-L-L-Y-D-A-O.X-Y-Z,
WALL-E-DAO.X-Y-Z. Our white paper is live. It's been licensed since Christmas. And we have some
big announcements. We're finally inking the final partnerships to go very loud at the first ever way
for our community and for everyone to be able to take advantage of
supporting WALL-E, getting WALL-E tokens, and of course, ultimately then supporting our mission
to support the RWA industry. So it's a beautiful line. You can learn more about it all at the
white paper or at walledow.xyz. We have a great telegram as well you can jump in on. But that's
it for this week, everybody. As always, we'll be doing this every
week. So catch us again next week and happy tokenizing everyone.