The future of DeFi and onchain money markets with Theo Network & Felix Protocol

Episode 45 of The Crypto Beat was recorded with The Block's Co-Hosts Kelvin Sparks and Tim Copeland, who were joined by Theo co-founder TK Kwon and Felix Protocol co-founder Charlie.

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In this episode of the Crypto Beat, Tim Copeland and Kelvin Sparks are joined by Theo co-founder TK Kwon and Felix co-founder Charlie to discuss the rapid evolution of DeFi through real-world assets, cross-chain liquidity, and the growing role of institutional capital in on-chain finance.

Outline

00:00 - Introduction
04:44 - Product-First vs. Ecosystem-First Chains
06:43 - Challenges and Merits of Product-Led Development
08:06 - Evolving DeFi Metrics: TVL to Utilization
13:22 - Who Uses RWAs and Why They Matter
15:05 - Tokenized Equities and On-Chain Assets
19:02 - Permissioned and Permissionless Systems
23:41 - Liquidity and Market Making as the Next Unlock
27:08 - Forecasts for Institutional Growth
28:13 - Regulatory Catalysts
31:14 - Retail-Friendly Chains and Mass Adoption
32:50 - Stablecoin Chains: Innovation or Hype?
34:47 - Closing Remarks

Guest links:
Charlie - https://x.com/0xBroze
Felix - https://x.com/felixprotocol
TK - https://x.com/kt_nowk
Theo Network - https://x.com/Theo_Network

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