Wallfacer Podcast

← Wallfacer Podcast10 dec 2025 · 1 u 06 min

#27: Sebastien Derivaux, Steakhouse Financial | Building Steakhouse, MakerDAO's RWA Legacy, and DeFi risk management

#27: Sebastien Derivaux, Steakhouse Financial | Building Steakhouse, MakerDAO's RWA Legacy, and DeFi risk management10 dec 20251 u 06 min

Today’s guest is Sébastien Derivaux, co-founder of Steakhouse Financial. We discuss the evolution of real-world assets in DeFi from MakerDAO’s pioneering experiments to today’s institutional-grade credit infrastructure, the recent mF-ONE private credit controversy and what it reveals about risk management in tokenized assets, and how Steakhouse built a $1B+ vault curation business on Morpho. Seb shares unfiltered lessons from five years of bringing TradFi credit on-chain—from Société Générale’s groundbreaking tokenized bond deal to defaults to launching Grove as a Sky Star allocating $1B into CLO strategies.

GUEST LINKS:

* Sébastien Derivaux: https://twitter.com/SebVentures

* Steakhouse Financial: https://twitter.com/SteakhouseFi

* Steakhouse Financial Website: https://steakhouse.financial

HOST LINKS:

* Ryan Rodenbaugh: https://twitter.com/ryanrodenbaugh

* Vaults.fyi: https://vaults.fyi

* Vaults.fyi X: https://x.com/vaultsfyi

* Wallfacer X: https://x.com/wallfacerlabs

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