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In this episode Connor sits down with Parker White, COO & CIO at DeFi Development Corp to discuss the strategies and future plans of DFDV, a pioneer in Solana-based Digital Asset Trusts (DATs). The founders, primarily former Kraken employees, discuss the initial inspiration and rapid development of their company. They delve into the significant advantages of Solana over other asset classes, such as Ethereum and Bitcoin, and emphasize the importance of being a first mover in the market. Key strategies include leveraging capital markets for growth, deploying assets on-chain to generate yield, and potential international expansions. The conversation also explores the market dynamics of DATs, comparing them to ETFs, and underlines a commitment to long-term ecosystem support and growth. The founders assert that the four-year cycle is dead, positing that cryptocurrencies now move in alignment with mega high beta tech stocks, driven by liquidity conditions.

Timestamps:
00:00 - Introduction
00:48 - The Rise of DFDV: From Idea to Public Company
04:02 - The Founding Team: Ex-Kraken Knights
05:28 - Why Solana?
09:03 - The Proliferation of DATs
13:42 - Active Management Strategies for Solana
20:13 - Reflecting on the Galaxy FTX Estate Deal
20:54 - International Treasury Accelerator Program
23:20 - Challenges of Mergers and Acquisitions in DATs
26:31 - Maintaining MAV Multiples Amid Market Compression
29:48 - The Death of the Four-Year Cycle
34:34 - Adapting Strategies for Bull and Bear Markets
37:41 - Future Plans and Integration in DeFi

Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.