The Edge Podcast

← The Edge Podcast24 sept. · 36 min

Building Citadel Securities For The Tokenized Era | DeFi Frontier

Building Citadel Securities For The Tokenized Era | DeFi Frontier24 sept.36 min

<p>Chris Kim is the CoFounder and CEO of Axis.</p><p>Most of the volume happening in crypto still isn&#39;t visible onchain. It&#39;s a growing volume from fintechs, neobanks, CEXs, and remittance platforms bridging services between stablecoins, fiat, and tokenized assets behind the scenes, working with OTC desks for liquidity they can&#39;t source on their own.</p><p>In this DeFi Frontier episode, Chris explains how Axis Prime is building the &quot;balance sheet as a service&quot; layer that powers these conversions, similar to Citadel Securities for the tokenized era. He explains how DeFi capital formation through USDx feeds Axis Prime&#39;s institutional arbitrage strategies, why the yield is real and where it comes from, and why this new wave of tokenization promises a much larger TAM for years to come.</p><p>------<br>💎 THIS EPISODE'S SPONSORS</p><p>🔒 <a href="https://kpk.io/" target="_blank" rel="ugc noopener noreferrer"> KPK</a> | Best risk-adjusted yield through automated vaults<br /></p><p>🟠 <a href="https://apyx.fi/" target="_blank" rel="ugc noopener noreferrer"> APYX</a> | The first dividend-backed stablecoin (DBS)<br /></p><p>🐡<a href="https://institutional.puffer.fi/" target="_blank" rel="ugc noopener noreferrer"> PUFFER INSTITUTIONAL</a> | ETH staking solutions for scale<br /></p><p>------<br>⏱️ TIMESTAMPS</p><p>0:00 - Intro<br>1:33 - From trading commodities to cryptoasset arbitrage<br>5:37 - What is Axis Prime?<br>6:30 - Why do neobanks and fintechs need Axis Prime?<br>8:39 - Balance sheet as a service<br>10:18 - Betting on neobanks and fintech adopting stablecoins<br>13:40 - Opportunity to serve fiat x crypto conversions<br>16:14 - Axis’s first six-figure OTC trade for a leading CEX<br>17:25 - Why Axis Prime benefits from the Origin Vault and sUSDx<br>19:36 - USDx, sUSDx, and the Origin Vault<br>21:07 - Axis yields over last 30 days<br>22:55 - Where does sUSDx yield come from? <br>23:52 - Global onchain capital formation + service to licensed fintechs<br>24:47 - Challenge of trust + transparency with actively managed yield<br>26:34 - How do you earn the trust of DeFi lenders?<br>29:32 - Has the market bottomed and bull run begun?<br>31:08 - Could Axis earn from the Robinhood mania?<br>34:04 - Closing</p><p>------<br>🔗 GUEST LINKS</p><p>► Axis website: https://axis.to/<br>► Axis Prime website: https://axis.to/prime<br>► Axis on X: https://x.com/AxisFDN<br>► Chris Kim on X: https://x.com/bidorder</p><p>------<br>🎙️ MORE FROM THE EDGE P