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Today · 40 minCloudflare CEO Says AI Agent Traffic Could Be 1,000X Human Traffic in Five Years
Cloudflare CEO Matthew Prince sits down with CoinDesk's Jennifer Sanasie to explain why the internet as we know it is about to be rewritten. Prince reveals that AI agent traffic has already overtaken human traffic online, more than a year ahead of his own forecast, and he predicts it will be 1,000 times larger within five years. He breaks down why agents don't click on ads, why Cloudflare needs a payments system that can handle more than 100 times Visa's volume, and why today's blockchains are "three orders of magnitude" too slow to power it. He also explains why AI agents could actually bring privacy back to the internet. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - Digital markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1 - Timecodes: 00:00 - Cloudflare's Matthew Prince Joins CoinDesk Spotlight 01:48 - Why Agents Don't Click on Ads 03:02 - Bot Traffic Passed Human Traffic Way Ahead of Schedule 04:14 - From COVID to ChatGPT, and Why the Web Is Growing Again 06:43 - What Happens When the Users Are All Machines? 08:24 - The Internet's Tragedy of the Commons 10:47 - Building a Payments Network Bigger Than Visa 11:36 - Will AI Agents Only Read the Cheapest Information? 12:54 - The $1,200 AI Budget and the Developing World 15:07 - Is AI Heading for a Black Mirror Future? 16:46 - Can Small Businesses Survive an Agentic Internet? 20:00 - Decentralization Alone Can't Save the Internet 22:45 - The World Is “Overly Paranoid” About AI 24:37 - Why Cybersecurity Gets Scarier Before It Gets Better 26:19 - Sci-Fi, Star Trek, and the Helpful Robot 28:18 - Will AI Agents Pay in Stablecoins? 30:24 - Why Cloudflare Won't Pick Crypto Winners 32:09 - How Agents Could Bring Privacy Back 35:04 - From an Attention Economy to a Knowledge Economy - This episode is hosted by Jennifer Sanasie.
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Yesterday · 17 minAnvil Launches SDK as Founders Fund Leads $5M Token Investment | Markets Outlook
Acronym Foundation President Tyler Spalding joins CoinDesk's Kate Irwin on Markets Outlook to break down the launch of the Anvil Protocol's SDK and what it means for bringing DeFi into everyday business. Spalding explains how Anvil works as a letter of credit protocol, and how CoinDesk parent company Bullish is among the first companies to integrate the SDK. Plus, why Bitcoin, Ethereum and tokenized real-world assets could reshape on-chain collateral. - Disclosure: Bullish is the parent company of CoinDesk. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - Digital markets move fast. Move forward with clarity from S&P Global Ratings' risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1. - Read more about CoinDesk Research's report on Asia-Pacific's emergence as the proving ground for regulated stablecoin finance and RLUSD's role at: https://www.coindesk.com/research/the-definitive-stablecoin-landscape-series-asia-pacific - Timecodes: 00:00 - Tyler Spalding Joins Markets Outlook 02:02 - Anvil Launches Its SDK for Builders 03:10 - DeFi's New Playbook: Letters of Credit 04:09 - Founders Fund Leads $5M Anvil Token Round 05:40 - Why a Governance Token Still Makes Sense 09:12 - The First Companies to Integrate 11:42 - What Makes Anvil's On-Chain Collateral Different 14:22 - Collateral in the Age of AI Agents 14:57 - Bitcoin, Ethereum and the Future of Collateral
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Yesterday · 10 minGrayscale Says Investors Are Leaving ‘Money on the Table’ in Unstaked ETH ETFs
One year after Grayscale unlocked Ethereum staking inside an ETF for the first time, Head of Index Steve Vanourny breaks down what they've learned and why the results speak for themselves. Steve makes the case that unstaked ETH ETF investors are leaving money on the table and looks ahead at where Grayscale is taking its product roadmap next, from income strategies to the convergence of crypto and AI compute. - Timecodes: 0:00 - Intro: Leaving Money on the Table 0:20 - One-Year Anniversary of ETH Staking in ETFs 0:48 - Lessons Learned: Staking Matters 1:21 - The Economics of Staking 2:49 - Why Grayscale Over Competitors 4:15 - Ethereum Ecosystem Outlook 5:11 - Educating Investors on Staking Risks 6:54 - ETF Roadmap: Income & AI Convergence 8:30 - Key Takeaway: Do Your Homework - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.
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Yesterday · 1 minCFTC Proposes Crypto Rules to Fill Congress's Gap | CoinDesk Daily
The CFTC proposes two crypto trading rules.
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Monday · 1 minNYSE Owner Joins OKX to Launch Tokenized Stocks | CoinDesk Daily
OKXICE files for 24/7 tokenized U.S. stock trading.
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Friday · 23 minPatrick McHenry Sees a Lame-Duck Window for CLARITY
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on a busy policy week from the UK's FCA opening its crypto firm authorization process to the SEC's new staff FAQ on crypto asset classification, and Robinhood's launch of AI agents that trade for retail customers. They then sit down with former House Financial Services Committee Chairman Patrick McHenry, who argues the CLARITY Act stalled in the Senate because of election-year politics rather than substance and could still get done in the post-midterm lame duck, and weighs in on who should be accountable when an AI trading agent goes wrong and on the Supreme Court fight over sports prediction markets. Plus, Rebecca and Renato debrief on the SEC's shrinking commissioner ranks and name departing Commissioner Hester Peirce as their Person of the Week. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - Digital markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1 - Chapters/Timecodes: 00:00 Welcome to The Policy Protocol 01:56 UK's FCA Opens Crypto Authorizations 03:08 SEC's Crypto FAQ and the Buyback Rewrite 05:11 Robinhood's AI Agents and the Accountability Question 08:08 Chairman Patrick McHenry Joins the Show 08:47 Why CLARITY Stalled in the Senate 09:35 Can the Lame Duck Save Market Structure? 10:45 Narrow Crypto Bills vs. the Whole Enchilada 12:47 When an AI Agent Trades, Who's Liable? 14:27 Custody Rules and a Forward-Leaning SEC 15:26 Prediction Markets: Investing or Gambling? 16:26 CFTC Authority and the Supreme Court Fight 19:34 The Legacy of Commissioner Hester Peirce
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Thursday · 17 min70% of Tokenized Assets Fall Short on Transparency, Report Finds | Markets Outlook
Chronicle Founder Nik Kunkel joins CoinDesk's Kate Irwin on Markets Outlook to unpack their new report that found over $12 billion in tokenized assets falling short on transparency. Kunkel breaks down the five pillars every tokenized asset needs to meet, why roughly 70% of the assets reviewed don't clear the bar, and what real-time, verifiable proof-of-asset data means for institutions like BlackRock, BNY Mellon and Galaxy racing to bring trillions onchain. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - Digital markets move fast. Move forward with clarity from S&P Global Ratings’ risk analysis spanning stablecoins, tokenized funds, digital bonds, DeFi protocols, and more. Explore digital asset solutions with S&P Global Ratings at https://www.spglobal.com/ratings/en/products/solutions/digital-assets?utm_campaign=Global-DA-Vaults&utm_source=digital-ads&utm_medium=link&utm_content=CoinDesk1. - Timecodes: 00:00 - Niklas Kunkel Joins Markets Outlook 02:21 - Chronicle's New Report: Tokenization's Hidden Problem 03:50 - $12.3B Exposed: 70% of Tokenized Assets Fail the Test 06:12 - The Five Pillars Every Tokenized Asset Needs 08:18 - How to Achieve Proof of Asset 10:47 - Why Risk Isn't Priced In 12:57 - BlackRock, BNY Mellon and the Road to Real-Time Regulation
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Thursday · 1 minOpenAI, Google and Meta Pledge Outside AI Audits Under Voluntary White House Deal | CoinDesk Daily
Major AI firms sign voluntary White House safety pact.
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September 30 · 1 minRobinhood's AI Can Now Trade While You Sleep | CoinDesk Daily
Robinhood's AI agents that trade for you.
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September 28 · 28 minGoldman Sachs Brings $100B Treasury Fund to Crypto’s Institutional Rails
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Lynq CEO Jerald David to break the news that Goldman Sachs' FTIXX treasury fund, which manages roughly $100 billion in assets, is now available on the Lynq network. And, Twenty One Capital CEO Raphael Zagury discusses his plan to build a Bitcoin operating company around one of the largest Bitcoin treasuries in public markets. Plus, Bastion co-founder and CEO Nassim Eddequiouaq explains what the company's new conditional national trust bank charter from the OCC means for its full stablecoin stack of custody, issuance, and payments, and unpacks Bastion's partnership with Sony Bank. - Learn more at bullish.com. - To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp. - Chapters/Timecodes: 00:00 Welcome to Public Keys 00:26 Goldman Sachs' $100B Treasury Fund Comes to Lynq 00:49 Lynq CEO Jerald David Joins 01:23 Why FTIXX Isn't a Tokenized Fund 02:29 Inside the Goldman Sachs Deal 03:34 The Firms Behind Lynq: B2C2, Wintermute, Galaxy, FalconX 05:02 Building for TradFi After Regulatory Clarity 06:10 Why Lynq Chose Avalanche 07:01 The Case for Programmable Privacy 09:01 XXI's New CEO Raphael Zagury Joins 09:38 The Five Pillars and 43,500 Bitcoin 10:53 M&A and the Berkshire Hathaway Model 13:07 Lending Against Bitcoin 14:05 How Zagury Found Bitcoin in 2015 16:33 Where Institutions Stand on Bitcoin Adoption 19:12 Bastion Wins Conditional OCC Trust Bank Charter 19:38 Bastion CEO Nassim Eddequiouaq Joins 20:35 Fintech vs. Federally Regulated Bank 23:53 Inside the Sony Bank Partnership 25:11 Staying Competitive After the Genius Act 26:41 Do We Need All These Stablecoins?
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September 28 · 1 minGavin Newsom Bans Memecoins in 'The Opposite of Trump' Law | CoinDesk Daily
Gavin Newsom's "The Opposite of Trump" law.
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September 25 · 1 minBitcoin ETFs Have Erased a $5.8 Billion Hole | CoinDesk Daily
BTC ETFs are back in the green.
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September 25 · 23 minCLARITY Stalled. Inside the SEC's Plan for Onchain Markets
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti unpack the stalling of the CLARITY Act in the Senate before sitting down with Taylor Lindman, Chief Counsel of the SEC's Crypto Task Force, who explains why the newly unveiled innovation exemption is being resoundingly well-received across TradFi and crypto, and how much the SEC can accomplish under existing authority without Congress. Lindman also weighs in on 24/7 markets and reassures that the Crypto Task Force's work continues regardless of Commissioner Hester Peirce's departure. Plus, Rebecca and Renato debrief on whether AI needs its own regulator, and name Demis Hassabis as their Person of the Week for proposing a FINRA-style standards body for frontier AI models. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Join the Testnet now at realfi.co. - Chapters/Timecodes: 00:00 Welcome to The Policy Protocol 01:09 Hot Topic: CLARITY Stalls in the Senate 02:06 The Ethics Fight That Sank the Bill 03:28 Why the Regulators Are Now Leading 03:47 How Hard It Is to Undo a Rule 05:13 EU Rolls Back MiCA as the UK Pushes Ahead 05:52 The SEC and CFTC Roundtable Blitz 06:46 Taylor Linman, SEC Crypto Task Force, Joins 06:56 The Innovation Exemption and Its Reception 08:52 What the SEC Can Do Without Congress 11:11 Inside the 24/7 Trading Roundtable 12:00 Liquidity Providers, Dealers, and the Cold Start Problem 13:31 Piecing Together the Future of On-Chain Trading 16:17 Does Peirce's Exit Change the Task Force? 17:04 Debrief: Plumbing, Not Main Character Energy 18:28 Person of the Week: Demis Hassabis 20:05 Does AI Need Its Own Regulator?
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September 24 · 24 minBitcoin’s Next Supercycle: Why a Supply Shock Could Send Prices Soaring | Markets Outlook
Transform Ventures CEO and author of "Bitcoin Supercycle” Michael Terpin joins CoinDesk's Jennifer Sanasie on Markets Outlook to explain why he believes the bear market is over and "Bitcoin winter," the long climb back to the top, has officially begun. Terpin lays out his path to $120K by late next year, why 2028-29 could bring a rare collision of presidential and stock market cycles, when he sees million-dollar bitcoin, and why he believes an altcoin supercycle is coming too. Plus, GSR’s Managing Director of Asset Management Andy Baehr on why fixed income, not equities, will be the real catalyst that takes tokenization mainstream. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Join the Testnet now at realfi.co. - Timecodes: 00:00 - Michael Terpin Joins Markets Outlook 01:02 - Bitcoin Winter Is Here: Why the Bull Market Has Begun 02:40 - The Four Seasons of Bitcoin, Explained 04:45 - The Path to $120K Bitcoin 06:02 - Does the AI Trade Make This Cycle Different? 07:34 - When Bitcoin Breaks From Risk Assets 08:52 - The 2028-29 Cycle Collision 10:39 - Why Million-Dollar Bitcoin Needs a Supercycle 12:58 - Brand New Rails: Why Fixed Income Beats Equities for Tokenization 16:12 - Million-Dollar Bitcoin by 2037? 17:45 - 95% Mined: The Coming Supply Shock 18:38 - 28M Millionaires, 21M Bitcoin: What the Market Is Missing 19:44 - What Happens When the Last Bitcoin Is Mined? 20:52 - The Coming Altcoin Supercycle 22:53 - Memecoins Meet Tokenized Stocks
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September 24 · 6 minSecuritize Takes Cathie Wood’s ARK Venture Fund Onchain, Offering Exposure to OpenAI, Anthropic and Stripe
Securitize is tokenizing ARK's Venture Fund, putting stakes in OpenAI, Anthropic and Stripe onchain. CoinDesk’s Jennifer Sanasie caught up with Securitize CEO and Co-Founder Carlos Domingo at the Avalanche Summit to get more insight on the fund. He shares why it's launching on Ethereum first and what a daily NAV and on-chain trading mean for investors. Plus, he weighs in on the tokenized equities fight between AMC and Robinhood. - Timecodes: 00:00 - Carlos Domingo on Tokenizing ARK's Venture Fund 00:24 - Why This Fund, and Why Now 01:03 - Ethereum First, But Not Ethereum Only 01:24 - What Retail Investors Need to Know 02:04 - Does Onchain Make OpenAI and Anthropic Exposure Liquid? 02:35 - The AMC Fight: Should Companies Get a Say? 03:37 - Tokenization Education Has to Reach CEOs Now 04:17 - How Much of the Roadmap Rides on Exemptive Relief 05:07 - What Happens If the SEC's Rules Get Challenged 05:41 - The Future: When We Stop Saying "Tokenized"
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September 23 · 1 minWhite House: Market Structure Bill Stalls as Focus Shifts to Regulators | CoinDesk Daily
Can CLARITY pass during the lame duck session?
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September 22 · 1 minTrader Bets $3M on Bitcoin Hitting $95K by October | CoinDesk Daily
A $3M bet on Bitcoin hitting $95K by October.
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September 21 · 30 minWill Bitcoin Become Legal Tender in the U.S.? Plus, Why Crypto Isn’t Waiting for CLARITY
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Strike CEO Jack Mallers, who explains why he stepped down as CEO of Twenty One Capital, makes his case for bitcoin as "the most American money," and unpacks the launch of Strike Private. Zero Knowledge Group Founder and CEO Austin Campbell breaks down the CLARITY Act's failure to advance in the Senate, why the GENIUS Act has already reshaped the regulatory landscape, and how crypto has become caught in a broader fight over congressional ethics heading into the midterms. Plus, Christian Lopez, Managing Director and Head of Blockchain and Digital Assets at Cohen & Company Capital Markets, on the Fed's rate hike, how Anthropic's looming IPO is soaking up market liquidity, and why the tokenization of real-world assets is pulling Wall Street into crypto. - Learn more at bullish.com. - Register now for CoinDesk's Policy and Regulation event on September 22, 2026: policy-regulation.coindesk.com. - To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp. - Chapters/Timecodes: 00:00 Welcome to Public Keys 00:26 Markets: Bitcoin Tops $85K After the Fed Hike 00:50 Oil, Iran and the Trump-Xi Summit 01:13 Anthropic Pushes Its IPO to November 01:31 Strike CEO Jack Mallers Joins 02:04 Why Mallers Left Twenty One Capital 04:28 Mallers' Bitcoin Outlook and Advice 06:22 Why Bitcoin Doesn't Need the CLARITY Act 08:19 Bitcoin as Legal Tender and 'The Most American Money' 09:50 Inside Strike Private and Bitcoin-Backed Loans 13:10 Austin Campbell on the CLARITY Act's Senate Defeat 14:58 Why GENIUS Already Changed the Game 16:01 Crypto, the Midterms and the Ethics Fight 18:00 Could a Future Administration Undo the Rules? 19:47 Stablecoins as the Leading Force 21:35 Bitcoin and Ether ETF Flows 22:24 Christian Lopez on the Fed and Risk Assets 24:28 How the Anthropic IPO Soaks Up Liquidity 26:21 Q3 Earnings and Tokenizing Real-World Assets 28:44 Why TradFi Is Racing Into Crypto