The Crypto Beat

The Crypto Beat is a live streaming podcast focused on topical crypto news events. The podcast will feature multiple guests who are deep in the crypto industry sharing their views on the topic of the day. It will be available across X, Twitch and YouTube and made available afterwards on popular audio platforms.

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

November 10, 2025, 6:36AM EST · 35:17

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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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