Onchain, Honestly!

This episode of Onchain, Honestly! is a little different. We look back at summer 2026 and the developments that made institutional adoption more tangible.We explore the growing importance of viable operating models, the evolving US regulatory framework, and tokenization’s move from issuing assets to building the markets around them.From Tether’s first full financial statement audit and the unresolved CLARITY Act to banks entering stablecoins and new infrastructure for tokenized securities and liquidity, the market is entering a more practical phase.The question is no longer simply whether assets can move onchain, but whether they can trade, settle and be used there at scale.—Alea Research: https://alearesearch.io/reports Alea Research X: https://x.com/AleaResearch Spotify: Apple:Alenka X: https://x.com/alenka_on_x Alenka LinkedIn: https://www.linkedin.com/in/alena-shmalko/ Kaisa X: https://x.com/kaisakaisa_ Kaisa LinkedIn: https://www.linkedin.com/in/kaisa-k-4aa212194/ —DISCLAIMER: This Content is Provided Solely for Informational and Educational Purposes. It does Not Constitute Financial, Investment, or Legal Advice.

AI can analyze market data, test strategies, and produce investment analysis at a speed once available only to larger teams. As these capabilities become widely accessible, what still creates an edge for an asset manager?In this episode we speak with Matthew Snider, CEO and co-founder of Block3 Strategy Group, about how AI is changing investment analysis and what that could mean for asset managers, advisors, and their clients.We discuss how digital-asset investing is moving toward revenue and fundamental analysis, why tokenization alone does not create value or liquidity, and how AI could affect both public-market competition and the discovery of private-market opportunities. The conversation also covers institutional custody, portfolio construction, client suitability, and what happens to the asset-management business as more analysis and operational work becomes automated.—Matthew Snider LinkedIn: https://www.linkedin.com/in/matthewsniderj/ Matthew Snider X: https://x.com/bit_finance_ Block3 Strategy Group: Alea Research: https://www.block3strategy.io/ Alea Research X: https://x.com/AleaResearch Spotify: Apple:Alenka X: https://x.com/alenka_on_x Alenka LinkedIn: https://www.linkedin.com/in/alena-shmalko/ Kaisa X: https://x.com/kaisakaisa_ Kaisa LinkedIn: https://www.linkedin.com/in/kaisa-k-4aa212194/ —DISCLAIMER: This Content is Provided Solely for Informational and Educational Purposes. It does Not Constitute Financial, Investment, or Legal Advice.CHAPTERS00:00 Introduction01:10 Who is Matthew Snider?02:25 How digital-asset investing is changing06:34 What qualifies as a digital asset?08:47 How institutions access digital assets13:46 Why the investment type comes before the token15:39 How AI is being used in asset management18:48 What's the moat for asset managers21:23 How AI could affect private markets26:23 Building digital-asset portfolios for clients33:59 What happens to the asset manager’s role?

Putting private credit onchain can shorten settlement and reduce servicing overhead. It does not remove the need for underwriting, legal protections, monitoring, or a plan for defaults.In this episode we speak with Matteo Pandolfi, co-founder and CEO of Pareto Credit, and Thibault Labidi, Director of M11 Credit, about what changes when institutional credit moves onchain.They explain how Pareto turns traditional credit agreements into programmable credit infrastructure, while M11 Credit originates, structures, underwrites, and monitors the underlying deals. The conversation follows the full process from borrower selection and legal structuring to administration, distribution, capital efficiency, and default management.We cover:• Why Pareto moved from Idle Finance’s yield-optimization model into private credit.• How same-day drawdowns and repayments compare with T+2 settlement.• Where 50–100 basis points of servicing overhead may be removed.• How lenders can use an onchain credit position as collateral without exiting the underlying exposure.• How Pareto and M11 Credit divide responsibility for infrastructure, underwriting, monitoring, and distribution.• What sits behind FalconX’s $170 million Credit Vault.• Why onchain credit will continue to depend on offchain businesses and legal structures.• How the market should prepare for defaults as it scales.—Matteo Pandolfi LinkedIn: https://www.linkedin.com/in/pandolfimatteo/ Matteo Pandolfi X: https://x.com/pan_teo_ Pareto: https://pareto.credit/ Thibault Labidi LinkedIn: https://www.linkedin.com/in/thibault-labidi/ Thibault Labidi X: https://x.com/Bablidi_Thib M11: https://maven11.com/ Alea Research:  https://alearesearch.io/ Alea Research X: https://x.com/AleaResearch Spotify: Apple:Alenka X: https://x.com/alenka_on_x Alenka LinkedIn: https://www.linkedin.com/in/alena-shmalko/ Kaisa X: https://x.com/kaisakaisa_ Kaisa LinkedIn: https://www.linkedin.com/in/kaisa-k-4aa212194/ —DISCLAIMER: This Content is Provided Solely for Informational and Educational Purposes. It does Not Constitute Financial, Investment, or Legal Advice.

In this episode, David Newns, Director of Axiology, Founder of Substrate Advisory, and ex-CEO of SIX Digital Exchange, discusses what institutional adoption of blockchain actually requires and why the technology itself is rarely the hardest part.We cover how blockchain infrastructure must connect with the systems, licences, and legal frameworks institutions already use, why collateral mobility is emerging as one of the strongest use cases, and where decentralization offers real value without removing accountability.We also discuss the role of regulation in accelerating adoption, the importance of executive sponsorship and interoperability, why traditional and blockchain rails will coexist for years, and what initiatives from SDX, DTCC, JPMorgan, and Standard Chartered reveal about the future of institutional finance.—David Newns LinkedIn: https://www.linkedin.com/in/davidnewns/ David Newns X - (19) David Newns (@DavidNewns2) / X  Alea Research:  https://alearesearch.io/ Alea Research X: https://x.com/AleaResearch Spotify: Apple:Alenka X: https://x.com/alenka_on_x Alenka LinkedIn: https://www.linkedin.com/in/alena-shmalko/ Kaisa X: https://x.com/kaisakaisa_ Kaisa LinkedIn: https://www.linkedin.com/in/kaisa-k-4aa212194/ —DISCLAIMER: This Content is Provided Solely for Informational and Educational Purposes. It does Not Constitute Financial, Investment, or Legal Advice.

In this episode, Olivia Vande Woude, who leads tokenization at Ava Labs, discusses what is driving real-world asset adoption on Avalanche and where the strongest opportunities are emerging across tokenized treasuries, private credit, equities, and asset-backed finance.We cover why distribution is becoming just as important as issuance, how business models differ across the tokenization stack, and why fintechs, neobanks, and crypto-native allocators play a bigger role in bringing tokenized assets to end users.We also discuss how Avalanche supports institutions through compliance, permissioning, and scalable infrastructure, which metrics matter when assessing RWA adoption, how Ava Labs approaches partnerships and monetization, and why private credit could become one of the most important use cases for tokenization.—Olivia Vande Woude LinkedIn: https://www.linkedin.com/in/olivia-vande-woude/ Olivia Vande Woude X: https://x.com/cryptoreine Ava Labs: https://www.avalabs.org/ Alea Research:  https://alearesearch.io/ Alea Research X: https://x.com/AleaResearch Spotify: Apple:Alenka X: https://x.com/alenka_on_x Alenka LinkedIn: https://www.linkedin.com/in/alena-shmalko/ Kaisa X: https://x.com/kaisakaisa_ Kaisa LinkedIn: https://www.linkedin.com/in/kaisa-k-4aa212194/ —DISCLAIMER: This Content is Provided Solely for Informational and Educational Purposes. It does Not Constitute Financial, Investment, or Legal Advice.