• Examining AI Functions In Finance – How Does This Tech Help You Make Better Investment Decisions?

    We’re welcoming back Ryan Pannell, CEO of Kaiju Worldwide, where he addresses common misconceptions about AI in finance, focusing on real-world applications and benefits.

    ___________________________________________________________________________________________________


    👥Guest

    Ryan Pannell, CEO & Founder - Kaiju Worldwide

    kaiju.ai


    🧑‍🎤Host

    Aaron Bry

    Twitter: / aaronbry5

    ___________________________________________________________________________________________________


    Check out www.benzinga.com for complete coverage along with all the latest financial news and data!


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    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, futures, and crypto is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga #Kaiju #AI

    26m - Apr 25, 2024
  • Increased Destigmatization Of Psychedelics And A Rise In Educational Tools - The World Ahead By Dr. Matthew Lowe

    Today's Benzinga Interviews is all about #PsychedelicsEducation and #HarmReduction.

    Guest: Dr. Matthew X. Lowe is executive director and chief scientific officer to Unlimited Sciences, a Colorado-based nonprofit organization conducting and supporting research with psychedelics and recently launching a toll-free “Psychedelic Info Line” to provide pre-psychedelic education.

    Hosted by: Lara Goldstein

    23m - Apr 19, 2024
  • Digging Deeper: Exploring the Depths of Mining

    #Mining #Benzinga

    Digging Deeper: Exploring the Depths of Mining is a can’t miss event that explores the depths of innovation with the mining industry. Join us for a captivating journey as we navigate through the transformative landscape, discovering the latest technologies, sustainable practices, and strategies propelling mining into a new era.

    Speakers:


    Patricia Mohr, Economist & Commodity Market Specialist & Former VP at Scotiabank | Mohr & Co. Critical Metals Inc.


    Rick Rule, Founder, President & CEO - Rule Investment Media LLC.

    https://www.ruleinvestmentmedia.com


    Alex Wylie, CEO - Volt Lithium Corp.

    https://voltlithium.com/


    Warwick Smith, CEO & Director - American Pacific

    https://americanpacificmining.com/


    Stephen Rentschler, CEO - Nevada Lithium

    https://nevadalithium.com/

    (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K)


    Rob McEwen, Chairman & Chief Owner - McEwen Mining

    https://www.mcewenmining.com/


    Luke Norman, Executive Chairman & Co-Founder - US Gold Corp

    https://www.usgoldcorp.gold/

    (NASDAQ: USAU)


    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga #Mining

    1h 12m - Apr 16, 2024
  • Kanna: What To Know About The African Succulent Helping In Nervous System Regulation With Stephanie Wang

    Today's Benzinga Interviews is all about #KannaTherapeutics and #NaturalAntidepressants

    Guest: Stephanie Wang, founder and CEO of business KA! Empathogenics and a knowledgeable speaker in alternative mental health, emotional wellness, resilience-building in the nervous system and connection to self, others and nature.

    KA! aims to combine ancient healing plant kanna with modern science for an alternative -and legal- means to help people work on their mental health.

    Hosted by: Lara Goldstein

    24m - Apr 12, 2024
  • Level Up Your Trading with Leveraged ETFs

    Level Up Your Trading with Leveraged ETFs” is an engaging virtual bootcamp taught by Mark Putrino — Benzinga Analyst and Trader — alongside Eliott Wellenbach, Senior Vice President - Institutional ETF Strategy analysts from our partner Direxion. Join this live bootcamp to deepen your understanding of leveraged and inverse ETFs and learn how to successfully trade them. With expert-led sessions and live case studies, this bootcamp offers an immersive learning experience you don't want to miss out on. Audience members are encouraged to ask questions in the chat at any time during the 90-minute bootcamp.



    Leverage & Inverse Education



    --------------------------------------------------------------------------------------


    ⭐ EDUCATORS ⭐


    Mark Putrino, Chief Market Technician

    Benzinga Trading School


    Eliott Wellenbach, SVP Institutional ETF Strategy - Direxion

    https://www.direxion.com/


    --------------------------------------------------------------------------------------


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    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga #DirexionETFs #Bootcamp

    1h 29m - Mar 27, 2024
  • Choosing LSD Over Other Psychedelics For Clinical Development And Biotech Investing - A Conversation With MindMed's CEO

    Today's Benzinga Interviews is all about breakthrough therapies for Generalized Anxiety Disorder and ADHD. #ADHD #GAD #LSD #FDA #LSDTherapy #BiotechIndustry

    Guests:  Robert Barrow is CEO of Nasdaq-listed Mind Medicine (MindMed)

    With a Bachelor in Science and a Masters in Pharmacology, Robert holds over a decade of serving as a pharmaceutical executive and clinical pharmacologist, as well as in regulatory consulting roles for psychedelics companies -startups to Fortune 500.

    He joined MindMed as Chief Development Officer in 2021, was named interim CEO by mid-year, and elected CEO that December.

    Hosted by: Lara Goldstein

    28m - Mar 26, 2024
  • The Surprising Method To Treat Alcohol Addiction: How Can This Non-Hallucinogenic Compound Help

    Today's Benzinga Interviews is all about #AlcoholSubstitutes and #BiotechIndustry

    Guests: Dr. Adi Zuloff-Shani, CEO of the Nasdaq-listed Israeli biotech firm developing a MEAI-based treatment for alcohol substitution and other addictive disorders, Clearmind Medicine; and Mark Haden, VP of business development at the same company as well as a longtime addiction counseling and management specialist.

    Hosted by: Lara Goldstein.

    41m - Mar 12, 2024
  • Unlocking Real Estate Riches: Property Prosperity In The Digital Era

    #Investing #RealEstate #Benzinga

    Welcome to “Unlocking Real Estate Riches: Property Prosperity in the Digital Era” – an engaging event curated to explore the wealth of opportunities within the ever-evolving real estate landscape. Join us for an enlightening journey as we navigate through the digital realm, uncovering the latest trends, technological advancements, and strategies propelling real estate into a new era of prosperity.


    *Register Here


    Speakers:


    Ryan Tseko, EVP - Cardone Capital

    https://cardonecapital.com/


    Brian Dally, Co-founder and CEO - Groundfloor

    https://groundfloor.com/


    Christian Grothe, Owner - Christian Grothe Associates

    https://www.christiangrothe.com/


    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga #RealEstate #Investing

    51m - Mar 5, 2024
  • Why Invest After The Frenzy Is Gone - Psychedelic Assets And Major Industry Events This 2024, By Zappy Zapolin

    Today's Benzinga Interviews is all about #PsychedelicsTherapy and #2024 InvestorTrends.

    Guest: Zappy Zapolin is a known futurist, entrepreneur and award-winning filmmaker. Starting off his career on Wall Street and spotting massive trends across different industries for decades now, his gravitation toward the psychedelics space in recent years has made him earn a spot as one of the foremost experts in the business and therapy domains. A fervent attendee at all major psychedelic gatherings, his work and projects have been featured in different mainline media sources including Forbes, Vice and Business Insider.

    Hosted by: Lara Goldstein

    21m - Feb 29, 2024
  • Benzinga Live Trading and All Access

    #Benzinga #LiveTrading #AllAccess

    On LIVE Trading with Benzinga, Daytrading, Options, Penny Stocks, & Blue Cap Stocks every weekday morning from 9am-11am ET.


    Check Out Our New Partnership With TradeThePool.com! ⬇⬇ @TradeThePool

    ✅ Trade More Than 12,000 Stocks and ETFs

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    👉 https://tradethepool.com/?ref=6229


    Reach out to Gil directly at gilbp@tradethepool.com

    For any other questions or concerns, help@tradethepool.com


    -----------------------------------------------------------------------------------------------------------------------------------------------------------


    On Benzinga's All-Access, we explore growth stocks and the masterminds behind them. Don't miss out on this opportunity to gain exclusive access and insights that will give you the edge in today's fast-paced investing world.


    Featured Guest(s):


    Andy Heyward, CEO - Kartoon Studios

    https://www.kartoonstudios.com/

    (NYSEAMERICAN:TOON)


    MEET THE HOSTS:


    Ryan Faloona

    Twitter:   / rfaloona  


    Zunaid Suleman

    Twitter:   / madexinxindia  

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    Disclaimer: Benzinga has received compensation from companies featured on All Access. Benzinga cannot ensure that all the information on this show is accurate. All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, futures, and crypto is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga #LiveTrading #AllAccess

    2h 7m - Feb 14, 2024
  • The Future of Food: Agriculture and Culinary Innovation

    #Benzinga

    Attend The Future of Food: Agriculture & Culinary Innovation to learn from industry experts as we explore cutting-edge advancements in agriculture and food, discussing groundbreaking technologies and sustainable practices shaping these vital sectors. Whether you’re a retail investor, culinary enthusiast, or work in the agriculture & food industries, this webinar offers valuable insights into the exciting innovations driving positive change in the world of food.


    Register Below!

    https://www.benzinga.com/events/the-future-of-food-2024/

    --------------------------------------------------------------------------------------


    Check out www.benzinga.com/events for complete coverage along with all the latest news and data!


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    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga

    24m - Feb 8, 2024
  • All About The Psychedelic Retreats World And Avoiding The McDonald’s Model With MycoMeditations CEO Justin Townsend

    Podcast description:T

    Today's Benzinga Interviews is all about #PsychedelicRetreats and #PsilocybinTherapy.

    Guest:

    Justin Townsend is partner and CEO of psilocybin retreat center MycoMeditations.

    A business leader and startup advisor in several industries including the healthcare space, Justin’s 20 years of experience exploring psychedelic therapies for wellbeing -and current work as a facilitator- inform his quest for providing truly thoughtful experiences for people wishing to undergo psychedelic modalities of healing.

    Hosted by: Lara Goldstein

    34m - Feb 8, 2024
  • Spearheading Cannabinoid And Psychedelic Medicine In The U.S. And Australia: Meet Incannex Healthcare

    #Benzinga


    Today's Benzinga Interviews is all about the #Cannabinoid And #Psychedelic industry.


    Guest:

    Joel Latham is the CEO and Managing Director of Incannex Healthcare (NASDAQ: IXHL). He is responsible for the Company’s commercial operations, strategic decision- making, and oversight of all clinical development assets. Joel has over 15 years commercial management and executive experience, working for a range multi-national publicly traded companies.


    Hosted by: Lara Goldstein

    20m - Jan 25, 2024
  • The Road To Wealth In 2024

    #Benzinga

    Welcome to “The Road to Wealth in 2024: A Benzinga Seminar” – an insightful event designed to guide you through the financial landscape and unveil the strategies leading to wealth creation in the coming year. Join us for an enlightening journey as we explore the latest trends, market insights, and investment strategies propelling individuals towards financial success.


    https://www.benzinga.com/events/road-...


    🔊 Speakers 🔊


    Abdul Dada, Founder - Market Masters

    https://twitter.com/Mini_Tradez

    Discord Page: https://discord.com/invite/D5A9pNhxAq


    Charles Lieberman, Managing Partner & Chief Investment Officer - Advisors Capital Management

    https://advisorscapital.com/


    Will McDonough, Chairman & Founder - Corestone Capital

    https://www.corestonecapital.com/


    --------------------------------------------------------------------------------------


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    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga

    1h 11m - Jan 19, 2024
  • AI Revolution: 2024 Portfolio Building

    #Benzinga #RADAI

    Dive into the world of AI with our must-attend webinar, where RAD AI’s CEO, Jeremy Barnett will discuss the impact of AI in streamlining content strategies, enhancing audience connection and optimizing ROI in a competitive digital landscape.


    This conversation, tailored for investors interested in groundbreaking technologies, will focus on how AI is redefining brand engagement and opening new avenues for investment, highlighting RAD AI’s position at the forefront of this innovation curve.


    https://www.benzinga.com/events/rad-ai/


    --------------------------------------------------------------------------------------


    Jeremy Barnett, CEO - RAD AI

    https://www.radintel.ai/


    Dr. Alex Wissner-Gross, AI Academic & Founding Advisor - RAD AI


    --------------------------------------------------------------------------------------


    Check out www.benzinga.com/events for complete coverage along with all the latest news and data!


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    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #Benzinga #RADAITranscript

    41m - Jan 12, 2024
  • AI Expert & Kaiju CEO Talk Stock Analysis & How AI Can Help You

    #kaiju #AI #benzinga

    This episode is all about information: where to get it, how to use it, and how AI can help make that whole process a lot easier for you


    Aaron and Ryan cover key sources for reliable information - from free to paid - software tools that aggregate information, analysis tools, and where AI fits in all this as the fastest, cheapest way to cut through informational noise to reliably get to what you want to know.

    If you always feel like you’re the “last to know”, then this episode is for you.


    ⭐The KAIJU KICKER on this one contains the full list of tools and sources Ryan and Aaron discuss.


    👥Guest

    Ryan Pannell, CEO - Kaiju

    kaiju.ai


    🧑‍🎤Host

    Aaron Bry

    Twitter: https://twitter.com/aaronbry5


    Check out www.benzinga.com for complete coverage along with all the latest financial news and data!


    PRO TOOLS:

    pro.benzinga.com

    Free 2 week trial, no credit card required

    GET 25% OFF BENZINGA PRO https://benzinga.grsm.io/benzingalive🙌


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    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, futures, and crypto is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.


    #benzinga #kaiju #AI

    40m - Jan 10, 2024
  • Did Elon Musk Miss The Boat On AI?

    Topics: AI, Hollywood, ChatGPT, strike, Elon Musk, Mark Zuckerberg

    Host: Anthony Noto , Benzinga Editor

    Featured Guests:

    David Bloom  Sr. Associate at Kyber Knight Capital. 

    Ary Vaidya  Associate at Kyber Knight Capital.

    David Bloom David is a Sr. Associate at Kyber Knight Capital. He helps lead the built world and labor automation focuses at the fund. Over the past several years, he has led investments in novel homebuilding technologies, robotics, and AI-enabled software. Outside of KKC, David is a Board Member at NextGen Partners and a Senior Fellow at the New Building Institute. As an undergraduate, David was an active part of the entrepreneurial community at UC Berkeley. He was a part of Dorm Room Fund which allowed him to invest in the best and brightest students in the nation. He further developed his investing ability by joining The House Fund, writing pre-seed and seed checks directly into the Cal Network. David graduated from UC Berkeley with a BA in Interdisciplinary Studies with a focus on behavioral economics.


    Ary Vaidya Ary is an Associate at Kyber Knight Capital. He helps lead the AI and commerce focuses at the fund. Over the past years, Ary has actively advised and invested in multiple start-ups across AI, consumer, and fintech. Prior to joining KKC, Ary worked on the Special Projects team for the CEO of Cantor Fitzgerald, an Investment Bank in New York. At Cantor, he worked on the company's digital asset strategy focusing on integrating emerging technologies across the firm. Ary grew up in London and graduated with Honors from Stanford University, obtaining a BS in Symbolic Systems with a concentration in Artificial Intelligence. During college, Ary also spent time studying Philosophy at Oxford University. 

    35m - Jul 31, 2023
  • From The Creator Of Five Nights at Freddy's - What's Next?

    Topics: video games, AI, augmented reality, Five Nights at Freddy's, illumix, 2D,3D, Mark Cuban


    Host: Anthony Noto , Benzinga Editor

    Featured Guest: Kirin Sinha is the Founder and CEO of Illumix

    Kirin Sinha is the Founder and CEO of Illumix, a leading technology company bridging the digital and physical worlds.

     

    Founded in 2017, Illumix is driving the global shift from passive 2D digital experiences to immersive 3D interactions through its seamless cross-platform infrastructure. Illumix has already powered over 300 million digital-physical interactions across web and mobile in the past two years alone.

     

    To date, Illumix has secured $13 million in venture capital funding, including funding from acclaimed director Michael Bay.

     

    Under Kirin’s leadership, Illumix was listed as one of Fast Company’s Most Innovative Companies in 2020, named an honoree in Fast Company’s Innovation by Design Awards, and spotlighted by Google as one of their limited partners for the Depth API to further enhance AR realism. Additionally, Kirin was named to Forbes 30 Under 30 List in 2022.

     

    Kirin received a degree in electrical engineering, computer science and mathematics from MIT and holds advanced degrees in mathematics, statistics, and business from the University of Cambridge, London School of Economics, and Stanford.

    17m - Jul 25, 2023
  • Why Betting On Yourself Pays Off With Founder of CEO School Suneera Madhani

    Topics: Private Equity, Female entrepreneurship, women of color, CEO School, fintech,unicorn,payment systems,Stax


    Host: Anthony Noto , Benzinga Editor

    Featured Guest: Suneera Madhani CEO/Founder of CEO School and Founder of Billion Dollar Fintech Stax Payments

    Suneera Madhani is a true trailblazer in the business world. As the founder of Stax Payments, she built one of America's top 10 fastest-growing fintech companies from an idea to over $100 million in recurring revenue, making it a billion-dollar technology platform. She is the first female CEO to lead a unicorn out of Florida and has received numerous accolades for her success, including being recognized by Fortune's 40 Under 40, EY's Entrepreneur of the Year, Entrepreneur Magazine's 100 Most Influential Women, and Inc.'s 100 Female Founders to name a few.


    After facing personal challenges as a woman in business, Suneera became a passionate advocate for gender equality and female entrepreneurship. She founded CEO School, a company that empowers women to scale their businesses and change the statistics. With less than 2% of female founders ever breaking $1 million in revenue, Suneera is on a mission to make sure her success isn't a unicorn but becomes the norm.


    Beyond her professional achievements, Suneera is a top 100 podcast host, a mom of two, and an avid traveler. She is a role model for balancing work and life and is determined to destroy the gender wage gap and change the narrative for women in business. Suneera's commitment to empowering women is unwavering, and her new adventure as the founder and CEO of CEO School is just the beginning of her impact on the business world.

    35m - Jul 11, 2023
  • Owning Parts Of Race Horses, Sports Cars and Andy Warhol Portraits

    Transforming Analog Ledgers to Tradeable Digital Assets


    Topics: Private Equity, tokenization, Tradeable Digital Assets


    Host: Anthony Noto , Benzinga Editor

    Featured Guest: Dave Hendricks CEO of Vertalo

    Founded in February 2017, Vertalo solves the most critical challenges facing the digital asset economy today.


    Transcript:


    Tony Noto: Welcome to the Benzinga Interviews podcast. My guest today is Dave Hendricks, CEO of Vertalo. Those who are unfamiliar with Vertalo, why don't you tell them a little bit about it?



    Dave Hendricks: We started in 2016. I was living in London. And so initially we started working on a problem using Ethereum Smart contracts to do human capital due diligence. It was a graph where organizations could connect with their associates, people that worked with and for them, and that would be validated on a blockchain.


    So in October of 2017, we created this entity in the Cayman Islands. It was called initially called Certifiable Technology. Then we settled on the name Vertalo

    .

    We work in the securities context and we tokenize securities.  

    Vertalo’s platform allows companies to streamline digital asset management and create liquidity.


    Tony Noto: Do you think that the folks in charge over at Binance and Coinbase are gonna have a branding issue? This scrutiny from the SEC it's a negative for the industry. What is your take?


    Dave Hendricks: I believe that people should be able to invest in things that they want to invest in.Take a look at Wall Street Bets. You know, wall Street bets is out there, saying whatever it wants. People are posting there, they're providing advice, people who don't understand the underlying, you know, KPIs and metrics and, the industry that they're investing in public equities and they don't know anything about, you know, how a theater is run or what the foot traffic is at a GameStop. They don't know anything about it. But they're part of these, you know, piping schemes in public shares, and no one goes after them. And there's substantial risk in buying and selling, puts and calls. But, you know, people are out there doing it .


    Crypto is generally a private market, right? Cuz they're not public equities. They have not gone through an IPO process. They're all private. They're kind of two sides of a coin pun intended, right? Vertalo is on the regulated side.


    I've got a former SEC attorney as a co-founder. But you know, that doesn't mean that I think that the issuers of digital currencies should get slapped or shut down. The buyers understand that there's risk here. This is actually quite a knowledgeable buyer base. I think that people should be free to make and lose money as long as no one else is physically harmed.


    Tony Noto: Do you think that the FTX kind of ruined the show? 


    Dave Hendricks: FTX is an example of malfeasance. I don't think, I don't need to say anything about FTX. I think there's plenty out there that proves that it was a scam. And, and, and, you know, then I don't even consider that blockchain, by the way. That is just like bucket shop scamming, boiler room stuff.


    Coinbase, on the other hand I am very, very confident. And by the way, full disclosure, Coinbase is an investor in Vertalo

    Bad actors need to be punished, but I don't think Coinbase is a bad actor. And I don't think Kraken is a bad actor. I don't know. I don't spend a lot of time on Binance, so I don't know much about that.


    Tony Noto: You're a big proponent of institutional defi. Why is that the future of regulated distributed ledger applications? 


    Dave Hendricks: I'm generally a proponent of defi I think that there's some really great efficiencies.


    The borrowing and lending process going through a bank is very expensive and time-consuming. Institutional defi is a logical next step for large financial institutions.

    Institutional defi gives large financial institutions the opportunity to use the blockchain skills that they developed over the last years and productize that knowledge into offerings, which are step function improvement on current debt, credit and collateral markets.


    And they can cut their internal costs, they can increase speed and they can, they can continue to do things with distributed ledger which should turn in ultimately to consumer products. JPM

     Onyx, and Broadridge is doing this. There's so much collateral out there. And these big institutions, it's kind of like they're just gonna end up maybe buying the tech at some point later on, or they're not really gonna develop anything in house.


    This is called the Monster versus the Baby Problem. Okay. The, the, the monster is the existing revenue stream from the, the revenue producing product that the, that the company creates. Then, you know, the baby is this small startup in inside a large corporation, which is creating something which drives less revenue.


    Apple went through this. The iPhone was the baby and the monster was the iPod. 

    Since we brought Aldo's Digital Asset Securities platform to production, I've been able to test with more than a hundred clients. If we failed, it was all right. It wasn't existential, right? Big institutions are less able to do this successfully because they're less willing to test.


    If a large financial institution tried to build something like Vertalo, which is a digital transfer agent literally manages data. For issuers and broker dealers, et cetera, their competitor, financial institution companies won't use it. Citadel tried to do something with broker dealer technology and it failed miserably because no one trusted them.


    So no one wants to put their data on another. No financial institution wants to trust a competitor, financial institution with their data. So you need an independent. Third party, like Vertalo that can logically and physically separate data, and so that multiple financial institutions can use the same system to get some stability and some standardization.


    Yet they have control. Over their data. Right. And that they're not worried about their, about data leaks. 


    Tony Noto: You're quite active on Twitter, and you talked a little bit about the Andy Warhol pieces of art that have now been tokenized. Yep. I thought that was interesting. 'm an art guy myself but I don't know how I feel about classic pieces of art being tokenized.


    How do you win folks like me over? 


    Dave Hendricks: People like to be part of something. People like to join things, they like to be part of a community. It is very, very hard to buy a whole Warhol for 99% of people because the cheapest, Andy Warhol portrait is $600,000. Sure you can go buy the poster at the museum and you can put it up on your wall. But what if you could own a piece of that portrait? t's not dissimilar from NFTs. The difference is that the fractionalized and tokenized versions of Warhol's art issued by freeport.app. That is an actual legal representation of ownership of an actual Warhol and if it goes up in price or value.


    Sure, you can sell, but maybe you just want to create a virtual gallery that you can send your friends to and say, here's my art collection. And that's what Freeport is doing.

    We already do it with racehorses and sports cars. 


    People who have bought fractional interest in racehorses have literally had horses in the Kentucky Derby. And the horse valuations have gone up like this. And so art is historically illiquid fees for buying and selling art at auction are very high. It's not a market that's easy to enter. And by working with freeport.app you are purchasing a fractional ownership of one of these Marilyn Monroe or James Dean or Mickey Mouse. You can be part of something and, and, you know, you're not there to flip it next week.it's not crypto like that. It's more like, Hey, I'm gonna put some money And if this thing goes up I'll benefit but I can sell it at any time. I think the Marilyn Monroe one went for $195 million. 



    Tony Noto:  What other industries do you think will gravitate towards tokenization? 


    Dave Hendricks: The VC equities, specifically LP interest in VC funds. I think it's a really ripe market because the VCs are not getting exits to distribute gains to their limited partners.


    And so imagine 12 years ago as an LP you invested in a VCs fund that hasn't had enough exits. But you know, you wanna move on. And there's some internal rate of return (

    irr) that has been, you know, from the markups and the investments in the portfolio.


    You might see VCs getting pressure from their LPs to make them liquid. Well, you can create a liquid market out of LP interest. We talked about collateralization earlier. Debt is still one of the most antiquated markets, debt and credit. I think that real world asset tokenization works really well for making debt easier to buy and sell.


    Real estate has been reluctant to adopt cuz it's one of the most, most antiquated anti-avian, as they say before the flood kind of markets. And it's a really, really fragmented market. But as their loans come due over the next couple years, you see this in San Francisco and New York and their buildings are not recovering Post covid.


    They're going to have to sell off some or all of their interests in their buildings. And so if you're the owner of one of these large real commercial real estates or office buildings and you've gotta meet your loan requirements, we’ll sell off some of your equity to investors in order to stave off the collections so you don't have to turn your keys back while you wait for the return of people to the office.

    34m - Jun 27, 2023
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The Benzinga Interviews
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