Timestamps:
00:00 - Nashville Conference Recap
02:23 - Multi-Institution Custody Insights
08:24 - Investment Announcements and Stables Initiative
12:11 - Bitcoin Treasury Company Acquisitions
29:15 - Global Banking Trends and Digital Identity
31:45 - Geopolitical Tensions and Currency Control
34:46 - The Rise of Stablecoins and Global Pushback
39:22 - The Shift Towards Hard Assets
43:53 - The Role of Gold and Bitcoin in Wealth Preservation
46:16 - AI's Impact on Business and Investment Strategies
50:43 - The Future of Bitcoin and Financial Institutions
55:30 - BitGo IPO and the Future of Digital Asset Custody
On this week’s Final Settlement, the team recaps the Nashville conference and digs into a wave of paper-Bitcoin engineering: the Strive–Semler all-stock treasury merger, BitGo’s IPO filing, and why a quarter of public Bitcoin treasury companies now trade below the value of their BTC holdings. The back half covers the Bank of England’s proposed stablecoin caps, accelerating global capital controls, Ray Dalio’s case for hard assets, and how AI is reshaping business and investment strategy — all pointing back to the difference between owning Bitcoin and owning promises denominated in it.