New SEC Crypto Proposal Could Finally Fix Tokens

Can new regulations finally fix the broken token market?

This week, we debate whether the SEC’s new crypto framework meaningfully changes token design, capital formation, and investor protections.

We dig into token cash flows, Hyperliquid’s institutional moment, if CLARITY is actually dead, regulatory first movers, and whether founders should ignore their VCs. Enjoy!

TIMESTAMPS:

00:00 Intro

00:28 Jackson Hole & SALT Symposium

04:16 Can Regulation Revive Crypto?

16:23 The Four-Year Cycle & Is It Time To Nibble?

18:23 Hyperliquid’s Institutional Moment

25:22 Who Loses From Regulatory Clarity?

32:48 Which Projects Go First?

39:10 Token Transparency Hits Bloomberg