Latest / The Paul Barron Crypto Show / MEGA Crypto IPO's Incoming🚀China Braces For Impact!🔥

Transcript

MEGA Crypto IPO's Incoming🚀China Braces For Impact!🔥 · The Paul Barron Crypto Show

• 0:05
  Speaker 1: Welcome into the show. Mega IPOs is going to be
• 0:08
  Speaker 1: our topic today and what that means for the crypto market.
• 0:10
  Speaker 1: You don't want to miss it. My name is Paul Barren.
• 0:12
  Speaker 1: Welcome back in. Let's get into it. I do want
• 0:14
  Speaker 1: to thank our sponsor and that is Tangent. This is
• 0:16
  Speaker 1: a place where you guys can get into self custy.
• 0:18
  Speaker 1: If you have not experienced self custingy and you're in crypto,
• 0:21
  Speaker 1: you're watching our channel maybe for the first time. This
• 0:23
  Speaker 1: is the wallet to get everyone. I've helped people set
• 0:26
  Speaker 1: this up and literally I used to doubt that this
• 0:29
  Speaker 1: was a three minute setup. No, it's a three minute setup.
• 0:32
  Speaker 1: It's that fast and people really get it. So self custing,
• 0:36
  Speaker 1: get your stuff off exchanges, put it in self custy,
• 0:39
  Speaker 1: Go a Tangent. Use our link down below to get
• 0:41
  Speaker 1: some discounts. Let's go into it today. China is now
• 0:44
  Speaker 1: launching the world's first R and B tokenized money market fund.
• 0:47
  Speaker 1: This is a big deal because it's a green light
• 0:48
  Speaker 1: for China now in wake of what we've seen here
• 0:52
  Speaker 1: in the US, and that is the passage of the
• 0:55
  Speaker 1: Genius Act, which is a stable cooin bill here in
• 0:57
  Speaker 1: the US. If you look at the remembe right here
• 0:59
  Speaker 1: to deposits in Hong Kong right now, they increase six
• 1:01
  Speaker 1: and a half percent by January. This is almost a
• 1:03
  Speaker 1: trillion at the end of January. That's in money markets funds.
• 1:06
  Speaker 1: That means there's a lot of money on the sidelines
• 1:10
  Speaker 1: right now looking for opportunities. And one of the things
• 1:13
  Speaker 1: that could come into it are some of the publicly
• 1:15
  Speaker 1: traded companies. This is one of the companies that was
• 1:18
  Speaker 1: approved to be able to participate in this space. And
• 1:21
  Speaker 1: look at the explosion that happened. Much like if you
• 1:25
  Speaker 1: compare this to like Circle, but you know with an
• 1:27
  Speaker 1: Asian pounter part and the other things they're going to
• 1:30
  Speaker 1: be looking at. This is what companies will start to
• 1:32
  Speaker 1: play out in the public space, in the IPO space
• 1:35
  Speaker 1: here in the United States. We're going to highlight four
• 1:38
  Speaker 1: companies today that you guys want to watch. I want
• 1:40
  Speaker 1: to go to this next clip though, this will get
• 1:42
  Speaker 1: into China softening up around stable coins.
• 1:45
  Speaker 2: Take a look.
• 1:46
  Speaker 3: A stock has jumped fivefold in just a couple of
• 1:49
  Speaker 3: weeks since this license was granted.
• 1:52
  Speaker 4: Pretty much to the day when the United States rolls
• 1:55
  Speaker 4: out its Genius Bill and you know the HKMA is
• 1:57
  Speaker 4: showing that it's back to a trillion and be that
• 2:00
  Speaker 4: is sitting in bank savings.
• 2:02
  Speaker 3: When we had Ledger, the CEO was asking me, do
• 2:06
  Speaker 3: you think China will soften its stance on cryptocurrencies? And
• 2:10
  Speaker 3: I boldly told him no, I didn't think so at
• 2:13
  Speaker 3: that time. This was a couple months ago, and with
• 2:16
  Speaker 3: all that it's doing now, maybe not bitcoin, but there
• 2:20
  Speaker 3: is stable coins here. You don't think that China is
• 2:23
  Speaker 3: softening its stance towards accepting this mode of digital currency.
• 2:27
  Speaker 4: Well, I mean, if you phrase it like that, then
• 2:30
  Speaker 4: most certainly it is softening its approach to the space
• 2:35
  Speaker 4: in terms of real policy. I don't anticipate that occurring
• 2:39
  Speaker 4: anytime in the near future.
• 2:40
  Speaker 1: One of the things that will happen, though, is in
• 2:43
  Speaker 1: the IPO space, and the opportunity of seeing some major
• 2:47
  Speaker 1: moves in IPO's onboarding, like what we've seen in the
• 2:50
  Speaker 1: crypto space, could move a lot of money over. So
• 2:53
  Speaker 1: take a look at this clip. This breaks it down
• 2:55
  Speaker 1: of why the big tech may suffer.
• 2:57
  Speaker 3: Because we have four IPO offerings this week. Dates are
• 3:00
  Speaker 3: finally perhaps opening.
• 3:02
  Speaker 5: Well I wouldn't quite call it bloodgates, but I do
• 3:04
  Speaker 5: think that we're seeing a good opening here, and we're
• 3:06
  Speaker 5: seeing it both on the crypto side, as you point out,
• 3:08
  Speaker 5: I mean, circles up almost six x, and there are
• 3:11
  Speaker 5: a lot of things I'm cautious about in the crypto space.
• 3:15
  Speaker 5: But with that kind of performance, I think you're going
• 3:16
  Speaker 5: to see others try to hurry up and hit this window.
• 3:19
  Speaker 5: I think it's going to be the growing dispersion of
• 3:22
  Speaker 5: performance in big tech. You know, I was on your
• 3:24
  Speaker 5: show this week last year and was more bullish on
• 3:27
  Speaker 5: Microsoft and Amazon and more skeptical about Apple. Amazon is
• 3:31
  Speaker 5: up twenty five percent, Microsoft's up fifteen percent, Apple's down
• 3:35
  Speaker 5: five percent, And I think that's a continuing trend, all right, So.
• 3:39
  Speaker 1: I think he's right. I think we are setting up
• 3:42
  Speaker 1: for maybe a renaissance within some of these early stage IPOs.
• 3:46
  Speaker 1: One of the ones that obviously we are watching much
• 3:48
  Speaker 1: like what we saw in the performance of Circle is XRP.
• 3:52
  Speaker 1: Well we'll call it Ripple because Ripple's IPO is happening.
• 3:54
  Speaker 1: Will it happen in twenty twenty five is the real question.
• 3:58
  Speaker 1: And if it does, if you look at some of
• 4:00
  Speaker 1: what the value the valuation could be. I mean this
• 4:04
  Speaker 1: could be one hundred million dollar company. It would essentially
• 4:06
  Speaker 1: be the most valuable company, especially in the crypto space
• 4:09
  Speaker 1: by leaps and bounds, and the number one strategic reserve
• 4:13
  Speaker 1: asset holder of the token XRP, so that one still
• 4:17
  Speaker 1: plays into it very strong. Going back to China and
• 4:21
  Speaker 1: what their strategy is. If you look at their sandbox participants,
• 4:23
  Speaker 1: this of course is the group right here, the ones
• 4:25
  Speaker 1: still watch a course or standard charter and Atamoca this
• 4:28
  Speaker 1: is also tied in to ripple And I want to
• 4:31
  Speaker 1: play a clip from the rd Inno tech guy because
• 4:33
  Speaker 1: this will explain a little bit more about how this
• 4:35
  Speaker 1: is going to work. Take a look, how.
• 4:37
  Speaker 3: Are you involved in the stable coin bill?
• 4:39
  Speaker 6: So we actually help a lot of potential issuers setting
• 4:43
  Speaker 6: up their system and the operation right now.
• 4:45
  Speaker 3: Do you think that the Hong Kong stable coin and
• 4:47
  Speaker 3: the EC and why will help facilitate cross border trade?
• 4:51
  Speaker 6: Actually, I don't think so because once they involve costs
• 4:56
  Speaker 6: border with Menlan, it's really really tricky and the really
• 5:00
  Speaker 6: really complicate. He's saying on why won't be circulating outside
• 5:04
  Speaker 6: China Hong Kong, you should a stap con won't be
• 5:07
  Speaker 6: able circulating inside China, so there's no way they can't
• 5:10
  Speaker 6: do that. But the within their ecosystem under they pack
• 5:15
  Speaker 6: with their STAP con with the offshore and beyond through
• 5:19
  Speaker 6: that channel to facilitating some cost border settlements everything, I
• 5:23
  Speaker 6: think it is possible, all right.
• 5:24
  Speaker 1: So what he's getting at is they won't mix between
• 5:27
  Speaker 1: the stable coins being China and mainland Hong Kong of
• 5:31
  Speaker 1: course one of the biggest markets out there. And to
• 5:32
  Speaker 1: his point, this is a good example right here, Hong
• 5:35
  Speaker 1: Kong hosts around seventy percent of global offshore you on trading,
• 5:40
  Speaker 1: so they're essentially the line's share of the market, and
• 5:42
  Speaker 1: they're talking about cross border payments. Here is this possibly
• 5:46
  Speaker 1: where Ripple slides in here as the supplier to cross
• 5:49
  Speaker 1: border payments. If you go back to September of twenty sixteen,
• 5:53
  Speaker 1: this is where it started to play out around the
• 5:55
  Speaker 1: Standard Charter strategic investment into Ripple. All this starts to
• 6:00
  Speaker 1: put the dominoes into play, and it's been going for
• 6:02
  Speaker 1: quite some time. Fast forward to today and you go
• 6:05
  Speaker 1: over to this article right here, Standard Charter pitoles pilots
• 6:08
  Speaker 1: the Ripple platform to address cross border payment frictions. This,
• 6:12
  Speaker 1: of course is just around July, just a couple of
• 6:14
  Speaker 1: weeks ago. Now, of course standard charter predicting that XRP
• 6:18
  Speaker 1: could hit twelve fifty by twenty twenty eight. So again
• 6:21
  Speaker 1: this is all again tied into legal clarity, the potential
• 6:25
  Speaker 1: for cross border payments, tied into what's happening with the
• 6:27
  Speaker 1: remember and again stable coins now running potentially wild in Asia.
• 6:33
  Speaker 1: On another note, if you look at and B and Y,
• 6:36
  Speaker 1: this of course is the potential where it could be.
• 6:39
  Speaker 1: This the custody arm of how offshore R and B
• 6:43
  Speaker 1: could play into this. So again more this course all
• 6:46
  Speaker 1: centered around what they're doing in terms of accelerating their
• 6:49
  Speaker 1: digital assets platform. While B and Y has now has
• 6:53
  Speaker 1: custody of Ripples new stable coin. This is our LUSD. Now,
• 6:56
  Speaker 1: one thing I want to note on is this clip
• 6:58
  Speaker 1: right here, because this gets into how mainland China's stable
• 7:01
  Speaker 1: coin might actually be allowed to take a.
• 7:03
  Speaker 3: Look, Hong Kong has started trials to allow mainland residents
• 7:08
  Speaker 3: to purchase stable coins. Do you think that this is
• 7:11
  Speaker 3: an encouraging sign?
• 7:13
  Speaker 6: Personally, I think they should allow manufators to purchase stepcon.
• 7:19
  Speaker 6: I mean, because there's only seven million people in Hong Kong,
• 7:23
  Speaker 6: so that will become a much bigger market. But in
• 7:26
  Speaker 6: order to do that, actually there's a lot problem you
• 7:29
  Speaker 6: need to solve. The first one, cap I say, actually
• 7:32
  Speaker 6: we are helping hung On to do that. So any
• 7:34
  Speaker 6: small medium company come here, click button, they can issue
• 7:37
  Speaker 6: their own a step con under regulation. Another one is
• 7:40
  Speaker 6: we also set up we want to link all the
• 7:43
  Speaker 6: stepcom issues in Hong Kong with global stepcon together, so
• 7:46
  Speaker 6: which means you can swap between them and you can
• 7:49
  Speaker 6: basically pay each other costs different step coins. So I
• 7:53
  Speaker 6: think with those three set up, it will form the
• 7:57
  Speaker 6: infrastructure so the management tool of of private key we
• 8:01
  Speaker 6: will become very popular daily app for everyone in next
• 8:06
  Speaker 6: to three for five years, all right.
• 8:08
  Speaker 1: So you can see there's an adoption layer that's starting
• 8:10
  Speaker 1: to you know, brew within Asia. If you think about
• 8:13
  Speaker 1: some of the companies that are going to try to
• 8:15
  Speaker 1: take part in this next generation economy structure around crypto,
• 8:20
  Speaker 1: one of the ones you got to watch is an
• 8:22
  Speaker 1: Asian company called Anamoga Brands. We've had yatsu On before.
• 8:26
  Speaker 1: Animoka Brands targets a six billion dollar us IPO. This,
• 8:30
  Speaker 1: of course, again is all coming in because of the
• 8:31
  Speaker 1: pro crypto shift that we've had here in the US,
• 8:34
  Speaker 1: and Animoka has done something that is a little bit
• 8:37
  Speaker 1: different than a lot of companies do when they launch
• 8:41
  Speaker 1: products and services, and I think they're going to do
• 8:42
  Speaker 1: that with their IPO, and that is they kind of
• 8:45
  Speaker 1: sandbag a little bit, if you know what I mean.
• 8:47
  Speaker 1: They come in a little bit softer. But let me
• 8:49
  Speaker 1: play this clip for you. It'll show you a little
• 8:51
  Speaker 1: bit more.
• 8:51
  Speaker 2: Building culture is one of the hardest things in any organization.
• 8:54
  Speaker 2: We're over a thousand people, so managing the culture across
• 8:57
  Speaker 2: the board is always a challenge. You know, we were listed,
• 8:59
  Speaker 2: we were listing did a public company in Australia and
• 9:02
  Speaker 2: we were given a choice in twenty nineteen stay a
• 9:05
  Speaker 2: public company on an Australian Stock Exchange or basically a
• 9:08
  Speaker 2: dumb crypto. Normally, when you get delisted from any stock exchange,
• 9:14
  Speaker 2: it's the end of a business. We chose to stay
• 9:16
  Speaker 2: with Crypto and we got delisted from the Australian Stock Exchange.
• 9:19
  Speaker 2: Kind of demonstrates the extent of our conviction this was
• 9:22
  Speaker 2: something worth sacrificing for, all right.
• 9:25
  Speaker 1: So that of course is Yachtsucio, Animoka Brands and the
• 9:29
  Speaker 1: thing that he's getting first of all that is the
• 9:30
  Speaker 1: biggest mistake ever by the Australian Stock Exchange in delisting
• 9:35
  Speaker 1: Animoka Brands now, which will probably be one of the
• 9:39
  Speaker 1: biggest listenings here in the United States. And if you
• 9:41
  Speaker 1: look at their history all the way back to their
• 9:44
  Speaker 1: Moca Verse NFT launch, they did this at a very
• 9:47
  Speaker 1: low rate to where all it looks like is straight
• 9:51
  Speaker 1: up with these NFTs. And if you think about every
• 9:53
  Speaker 1: company that Animoka is involved in, which is massive, this
• 9:57
  Speaker 1: is an example right here's Mocha Verse. The tokens in
• 10:00
  Speaker 1: the NFTs were free to everybody. So what it looks
• 10:02
  Speaker 1: like in this comparison and in fact is is just
• 10:06
  Speaker 1: straight up. And if this is the case where they
• 10:09
  Speaker 1: don't list at a high valuation, it might give a
• 10:12
  Speaker 1: lot of people an opportunity to get in on a
• 10:15
  Speaker 1: major move in the market, like what we saw with circles.
• 10:18
  Speaker 1: So pay attention to what, when, and what Animal Brands
• 10:23
  Speaker 1: is doing. On another note, I want to jump to
• 10:25
  Speaker 1: this right here, and this is NFTs sliding into treasuries.
• 10:29
  Speaker 1: And what I mean by that is, look at what
• 10:31
  Speaker 1: is happening right now in the eighth circle. We're seeing
• 10:34
  Speaker 1: all sorts of companies. Eth Machine just launched this week.
• 10:37
  Speaker 1: We saw the amount of move that we've seen with
• 10:40
  Speaker 1: Sharplink Gaming, you know Tom Lee's group. This is an
• 10:43
  Speaker 1: acceleration point. And now Tom Lee, of course, you know,
• 10:45
  Speaker 1: putting a pengu on his avatar within X shows that
• 10:50
  Speaker 1: we're going to see the kind of acceleration maybe into
• 10:52
  Speaker 1: NFTs that we're seeing within Ethereum. So that in itself
• 10:55
  Speaker 1: also plays into all of these companies that could be
• 11:00
  Speaker 1: making their next strategic move, one of which is Animoka
• 11:03
  Speaker 1: Brands making their strategic investment in Pudging Penguins. Pengu the token,
• 11:09
  Speaker 1: so pengu and Pudgy Penguin's likelihood of another company that
• 11:13
  Speaker 1: could be going IPO under the Animoka brands, So watch
• 11:17
  Speaker 1: out for that one. If you look at just pengu
• 11:19
  Speaker 1: In general, right, here's the high back on its launch
• 11:22
  Speaker 1: back in December of last year and now just starting
• 11:25
  Speaker 1: to hit its trend. This is up ten x from
• 11:28
  Speaker 1: it's low. So consider this, guys. If we see pengu
• 11:32
  Speaker 1: start to really do something big in the market, and
• 11:35
  Speaker 1: in fact we see maybe an IPO, this token itself
• 11:39
  Speaker 1: could get very interesting going forward. I want to play
• 11:42
  Speaker 1: a clip by Lucaett's and he's explaining how he thinks
• 11:45
  Speaker 1: they're going to flip. Ohsee coin, take a look.
• 11:48
  Speaker 7: Everything changed when the CBOE picked us up. That's why
• 11:51
  Speaker 7: it was such a big deal. Does that when the
• 11:53
  Speaker 7: CBOE picks it up, it means that an exchange is
• 11:56
  Speaker 7: willing to put their name on it and actually put
• 11:58
  Speaker 7: like some sort of credibility on the line. Wow, So
• 12:01
  Speaker 7: Doge is the only other mean coin picked up by
• 12:03
  Speaker 7: the CBOE. Oh wow, there's only ten coins.
• 12:06
  Speaker 8: That got to pick up by the CBOE and they're
• 12:07
  Speaker 8: all north of five billion bucks. The bet that I'm
• 12:10
  Speaker 8: making is this, I'm making the bet that when those
• 12:13
  Speaker 8: green candles start ripping and Mania starts ripping that little
• 12:17
  Speaker 8: those fractions, because there's still fractions in everyone's wallet, I'm
• 12:20
  Speaker 8: going after the big kahuna. I'm going after Doge. Dude,
• 12:23
  Speaker 8: before the market.
• 12:24
  Speaker 7: Gave out, Kevin, like the thing was up into the
• 12:27
  Speaker 7: right dude, up until Trump and Milania we gonna we
• 12:30
  Speaker 7: were gonna go flip shit. We were right there, dude.
• 12:34
  Speaker 7: You put me in like a real all coin season. Bro,
• 12:37
  Speaker 7: We've never seen that pro.
• 12:39
  Speaker 1: Yeah, I love, I love Look, I mean, listen, this
• 12:43
  Speaker 1: is something you guys have to pay attention to because
• 12:46
  Speaker 1: if you compare holding an NFT to holding Ethereum, you
• 12:50
  Speaker 1: could go back here all the way back in June
• 12:52
  Speaker 1: of twenty two holding it less than an eighth right
• 12:55
  Speaker 1: there to where it's trading right now at over fifteen.
• 12:58
  Speaker 1: So that's a good example of why this phenomenon might
• 13:02
  Speaker 1: take place. Other points I want to get into is
• 13:05
  Speaker 1: that there's one more company to watch right here. It's
• 13:07
  Speaker 1: not Calshy, but they are a valued at two billion
• 13:10
  Speaker 1: in their latest funding round. The one to watch right
• 13:13
  Speaker 1: here is going to be Polymarket. There's a reason why
• 13:16
  Speaker 1: I want to go to a clip real quick. This
• 13:18
  Speaker 1: will explain a little bit more. Take a look Coping.
• 13:20
  Speaker 9: Good morning to you, sir, Thank you guys for having me.
• 13:23
  Speaker 9: So round two, Round two.
• 13:25
  Speaker 4: You're back here in the US.
• 13:26
  Speaker 6: This has been this has been the dream.
• 13:28
  Speaker 9: Long time coming.
• 13:28
  Speaker 6: We talk about Polymarket.
• 13:30
  Speaker 4: As if everybody can use it, but the truth is
• 13:32
  Speaker 4: that most folks couldn't.
• 13:34
  Speaker 9: I mean, I think the way you guys talk about
• 13:36
  Speaker 9: Palme markets kind of like become the Bloomberg terminal for
• 13:38
  Speaker 9: reality almost And so what happens now, Obviously, I think
• 13:42
  Speaker 9: people are pretty surprised. It's like a big acquisition. So
• 13:44
  Speaker 9: it's an exchange and a clearinghouse. You know that lets
• 13:47
  Speaker 9: us go and serve brokerages and fcms as well as
• 13:50
  Speaker 9: retail and institutions. It's really important. They all know and
• 13:53
  Speaker 9: love poly Market. When I get to meet DC people,
• 13:55
  Speaker 9: they say, oh my god, pallyme market. It's amazing, but
• 13:57
  Speaker 9: I wish we could trade on poly market, asking you
• 14:00
  Speaker 9: receive right.
• 14:00
  Speaker 4: So how much does this compete with Calshie?
• 14:07
  Speaker 1: Okay, all right, So as you can see right there,
• 14:09
  Speaker 1: I mean Shane Copeland having a little bit of fun
• 14:11
  Speaker 1: there with the guys over at CNBC. Point being is
• 14:14
  Speaker 1: that polymarket is primed for a move. Poly Market's going
• 14:18
  Speaker 1: to lost to stable coin prediction market. Of course, that
• 14:22
  Speaker 1: in itself will start to be interesting because if they
• 14:24
  Speaker 1: start to weigh in on yield generating US dollars and
• 14:28
  Speaker 1: they start to make that available back to their community guys,
• 14:33
  Speaker 1: this would have major effect on some of the biggest
• 14:36
  Speaker 1: companies publicly traded companies out there, like DraftKings immediately, and
• 14:41
  Speaker 1: that is something that you have to watch and don't
• 14:42
  Speaker 1: forget that Polymarket now coming into the US could go
• 14:47
  Speaker 1: head to head with Calshie for Robin Hood's business as
• 14:50
  Speaker 1: well as others and many other training platforms that could
• 14:53
  Speaker 1: go in this direction around some of these platforms like Polymarket.
• 14:57
  Speaker 1: So those are the four that we're watching. We think
• 15:00
  Speaker 1: those are the four that are going to make the
• 15:01
  Speaker 1: most impact on the crypto universe as a whole and
• 15:05
  Speaker 1: most likely start to lure in traditional investments. So if
• 15:10
  Speaker 1: you guys are not part of the Diamond Circle, get
• 15:12
  Speaker 1: in right now. It's a great place to get additional
• 15:13
  Speaker 1: content from us. Follow me on x at Paul Baron.
• 15:16
  Speaker 1: I'll catch you next time right here on The Paul
• 15:18
  Speaker 1: Baron Show.