Iran Just Turned the World's Most Important Waterway Into a Bitcoin Market

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Presented collaboratively by Early Riders & Onramp Media…

Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.

This week Liam, Brian, and Michael cover Onramp's $12.5M Series A, Iran's Bitcoin-denominated Hormuz Safe insurance platform, the Clarity Act's passage through the Senate Banking Committee, Hyperliquid's USDC pivot and partnership with Coinbase, Standard Chartered's acquisition of Zodia Custody, Gemini's mounting losses, and Prime Trust's $970M lawsuit against Swan Bitcoin.

Chapters

00:00 - Introduction and Overview of Current Events

01:58 - Onramp's Series A and Market Positioning

05:54 - Bitcoin's Role in Global Transactions

10:21 - Iran's Adoption of Bitcoin for Payments

15:14 - The Clarity Act and Its Implications

20:23 - Stablecoins and Their Future

31:36 - Hyperliquid's Partnership with Coinbase

34:37 - The Future of Stablecoins and Bitcoin Adoption

39:50 - Standard Chartered's Strategic Moves in Crypto Custody

44:22 - Building vs. Buying: The Path of Traditional Finance

47:18 - Gemini's Financial Struggles and Market Positioning

50:58 - Pre-IPO Trading and Market Speculation

54:03 - Prime Trust's Legal Challenges and Custody Concerns

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Keep up with Michael:

https://x.com/MTanguma

https://www.linkedin.com/in/mtanguma/

Keep up with Liam:

https://x.com/Lnelson_21

https://www.linkedin.com/in/liam-nelson1/

Keep up with Brian:

https://x.com/BackslashBTC

https://www.linkedin.com/in/brian-cubellis-00b1a660/