Weekly Roundup 08/01/25 (SEC’s Project Crypto, In-kind ETFs, White House report) (EP.651)

Matt and Nic are back for another week of news and deals. In this episode:

• The White House publishes their highly awaited crypto report
• SEC Chair Paul Atkins makes a landmark speech
• Stablecoin-focused L1s
• DAT mNAV premia are converging to 1
• Figma IPO
• The SEC embraces tokenized securities, airdrops, token issuance, and DeFi
• In-kind create and redeem has been authorized for Bitcoin ETFs
• JPM deepens their partnership with Coinbase 
• Roman Storm verdict is imminent 

Further reading:

• Blockworks’ DAT Dashboard
• Omid Malekan and Zach Pandl, Stablecoins and the Singleness of Money
• White House, Strengthening American Leadership in Digital Financial Technology
• Paul Atkins, American Leadership in the Digital Finance Revolution
• Nic Carter, The Last Word on Stablecoins and Free Banking