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The Breakdown

Lightspeed: Launching Crypto's Largest Tokenized Fund On Solana | Michael Sonnenshein

The Breakdown

Nathaniel Whittemore

Investing, Business

4.8786 Ratings

🗓️ 16 April 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

This week we're joined by Michael Sonnenshein to discuss the future of tokenization. We deep dive into the launch of BUIDL: crypto's largest tokenized fund, institutional demand to build on Solana, Ripple's $1.25b acquisition & more. Sponsored by: Crypto Tax Calculator Accurate Crypto Taxes. No Guesswork. Say goodbye to tax season headaches with Crypto Tax Calculator: Generate accurate, CPA-endorsed tax reports fully compliant with IRS rules. Seamlessly integrate with 3000+ wallets, exchanges, and on-chain platforms. Import reports directly into TurboTax or H&R Block, or securely share them with your accountant. Exclusive Offer: Use the code BW2025 to enjoy 30% off all paid plans. Don’t miss out - offer expires 15 April 2025! Ledger Ledger, the world leader in digital asset security, proudly sponsors The Breakdown podcast. Celebrating 10 years of protecting over 20% of the world’s crypto, Ledger ensures the security of your assets. For the best self-custody solution in the space, buy a LEDGER™ device and secure your crypto today. Buy now on Ledger.com. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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0:00.0

Welcome back to The Breakdown with me, NLW.

0:09.3

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

0:18.3

What's going on, guys? It is spring break week, and that means we are checking out a new Blockworks podcast.

0:24.7

Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it,

0:28.1

give it a rating, give it a review, or if you want to dive deeper into the conversation,

0:31.4

come join us on the Breakers Discord. You can find a link in the show notes or go to bit.L.Y slash breakdown pod. All right, friends, as you know,

0:38.2

this is spring break week here. We are down in Florida, bringing the kids to Disney for the first

0:43.6

time. It's a grand old time, but it means that I am not sitting at my computer changed to the

0:48.0

tariff and crypto madness. And so what we're going to do instead this week is preview some other

0:52.6

great blockworks podcasts.

0:59.4

Today we are checking out Lightspeed, and I actually really love the way that this show describes itself.

1:06.3

The description reads, Lightspeed is a podcast for those interested in how crypto can solve real problems and create products users love.

1:10.7

It's a callback to the garage days of Silicon Valley, where builders push the limits of hardware and software. It is very easy in crypto to get lost in the big picture stuff, the macro, the Bitcoin

1:16.3

buying, the big patterns of history, all the stuff that you know I love. But there is so much going on

1:21.5

at the ground level of building as well, and that's really what Lightspeed is all about.

1:25.9

It's anchored in, but not exclusive to the

1:27.9

Salana community, and really embraces this whole other side of crypto, which I think will be

1:32.0

really interesting to many of you. Again, check out Lightspeed wherever you listen to podcasts,

1:36.0

and let's pop into an episode. Hello and welcome back to another episode of Lightspeed.

1:46.1

I'm your host, Jack Kubeneck, joined today by Michael Sunnonshine, C-O-O of Securitize,

1:51.5

and previously CEO of Grayscale.

1:53.8

Michael, thanks so much for coming on the show.

...

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