How oracles are bringing RWAs to crypto, with Pyth and Chronicle

Episode 54 of The Crypto Beat was recorded with Tim Copeland, Kelvin Sparks, Pyth CEO Michael Cahill, and Chronicle Labs Founder Niklas Kunkel.

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Tim Copeland and Kelvin Sparks were joined by Mike Cahill from Pyth and Niklas Kunkel from Chronicle discuss how oracles are transforming from simple price feeds into critical infrastructure for tokenized real-world assets. They explore the explosive growth in tokenized money market funds and CLOs, the shift toward B2B adoption by DeFi protocols rather than retail, and new business models — Pyth's data subscription hit $1 million ARR in weeks while Chronicle scaled to $6 billion in tokenized funds in under a year.

OUTLINE
00:00 - Introduction
02:06 - Pyth's RWA Origins
05:25 - Going Cross-Chain
07:51 - Oracle Competition Metrics
12:04 - Chronicle's DeFi Journey
17:17 - Retail vs Institutional
23:21 - Corporate Chains
34:27 - Pyth Reserve & Buybacks
41:24 - Building Without a Token
45:47 - 2026 Predictions

Guest links:

Pyth - x.com/PythNetwork

Mike Cahill - x.com/mdomcahill

Chronicle - x.com/ChronicleLabs

Niklas Kunkel - x.com/nomos_paradox

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