Empire

What happens when memecoin speculation collides with onchain equities?

This week, Jason and Santi unpack why Robinhood’s tokenized stocks may be crypto’s hottest new battleground.

They explore the $BONER–$HIMS squeeze, murky shareholder rights, FOMO’s bull-market signal, and whether Robinhood, Solana, and stablecoin giants become this cycle’s biggest winners. Enjoy!

TIMESTAMPS:

00:00 Intro

01:57 Crypto’s Animal Spirits Return

06:20 Can Memecoins Unlock Tokenized Stocks?

12:42 Ads (TOKEN2049, Avalanche)

14:22 How $BONER Squeezed Tokenized $HIMS

19:21 Robinhood Faces Meme-Equity Backlash

22:21 Are Onchain Equities Crypto’s Future?

28:34 Do Most Fomo Traders Lose Money?

32:01 You Must Enter The Trenches

33:53 How Santi Is Playing This Cycle

36:56 Is Solana Still Years Ahead?

39:29 Will Stablecoins Become An Oligopoly?

42:41 Content Of The Week

FOLLOW THE SHOW

› Empire – https://x.com/theempirepod

› Jason – https://x.com/jasonyanowitz

› Santi – https://x.com/santiagoroel

› Rob – https://x.com/HadickM

› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh

› Blockworks – https://x.com/Blockworks

EVENTS

› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th

https://blockworks.com/events

› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in. crypto.

Getyour TOKEN2049 tickets here: https://checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST

› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration

DISCLAIMER

Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

What happens when AI agents become the internet’s dominant users?

This week, Jason sits down with Cloudflare CEO Matthew Prince to explore how AI agents could fundamentally reshape the internet’s business model.

They discuss 1,000x agent traffic, why everything wrong with the world is Google's fault, AI flattening organizations, micropayments at unprecedented scale, and whether AI becomes the new interface to the internet. Enjoy!

TIMESTAMPS:

00:00 Intro

00:45 How The Internet Got Here

05:52 Did Ads Break Society?

10:20 Why AI Labs Fear Google

16:59 What Cloudflare Actually Does

19:56 Ads (Token2049, Avalanche Summit)

21:35 When Cloudflare Went AI-First

27:20 AI Is Flattening Companies

35:39 What Happens To Human Work?

39:18 Why Public Markets Work Better

43:59 Who Pays For The Agent Internet?

54:08 Do Agents Need Blockchains?

01:01:09 What Breaks In The Agent Internet?

01:07:30 Will AI Become The Internet?

FOLLOW GUEST

› Matthew – https://x.com/eastdakota

› Cloudflare – https://www.cloudflare.com/

FOLLOW THE SHOW

› Empire – https://x.com/theempirepod

› Jason – https://x.com/jasonyanowitz

› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh

› Blockworks – https://x.com/Blockworks

EVENTS

› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th

https://blockworks.com/events

› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in crypto.

Get your TOKEN2049 tickets here: https://checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST

› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration

DISCLAIMER

Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

Can Robinhood turns the crypto trenches into a serious business?

This week, we unpack Robinhood Chain’s explosive growth and what it could mean for tokenized markets, Ethereum, and traditional finance.

We also explore the new meme-stock mechanics, Ethena’s neobank push, Hyperliquid’s U.S. path, and why distribution still captures the most value. Enjoy!

TIMESTAMPS:

00:00 Intro

00:46 Robinhood Chain’s Billion-Dollar Run Rate

05:26 Can Memecoins Move Stocks?

14:14 Why 24/7 Stocks Don’t Scale

20:53 Who Captures Crypto’s Value?

22:01 Ads (Token2049, Avalanche Summit)

23:41 Who Captures Crypto’s Value?

28:12 Ethena’s Neobank Push

32:46 Can Crypto Neobanks Actually Scale?

38:18 Remittances Fight To Own Deposits

47:34 Hyperliquid’s Path Into America

53:41 Prediction Markets And Bitcoin

58:14 Distribution Is Still Crypto’s Moat

01:01:01 Who Brings Stocks Onchain?

01:06:31 Content Of The Week

FOLLOW THE SHOW

› Empire – https://x.com/theempirepod

› Jason – https://x.com/jasonyanowitz

› Santi – https://x.com/santiagoroel

› Rob – https://x.com/HadickM

› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh

› Blockworks – https://x.com/Blockworks

EVENTS

› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th

https://blockworks.com/events

› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in crypto.

Get your TOKEN2049 tickets here: https://checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST

› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration

DISCLAIMER

Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

Tokenized collectibles are one of the hottest markets right now, turning an antiquated resale market into a liquid, gamified form of commerce built around collectors.

This week, Beezie and Collector Crypt CEOs, Andrea Miele and Tuomas (Tuom) Holmberg, explain why tokenized collectibles are finding product-market fit and how crypto is reshaping a market long dominated by traditional marketplaces.

They discuss instant buybacks, collector liquidity, sustainable platform economics, token ownership, and why gamified commerce could expand far beyond trading cards. Enjoy!

TIMESTAMPS:

00:00 Intro

02:03 How Collectibles Became a Market

06:06 Why Are Pokémon Cards Booming?

09:22 What’s Broken In Collectibles?

14:53 How Digital Packs Actually Work

18:31 How Do The Economics Work?

27:04 Ads (TOKEN2049, Avalanche Summit)

28:47 Can Lower Fees Win Users?

37:42 What Does Blockchain Actually Add?

45:06 Can Gamified Commerce Go Mainstream?

48:36 Why Collector Crypt Has A Token

53:51 How Does Token Value Accrue?

57:09 How Big Can This Get?

FOLLOW GUESTS

› Andrea – https://x.com/AndreaMYellie

› Beezie – https://x.com/beezie

› Tuom – https://x.com/TuomHolmberg

› Collector Crypt – https://x.com/Collector_Crypt

FOLLOW THE SHOW

› Empire – https://x.com/theempirepod

› Jason – https://x.com/jasonyanowitz

› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh

› Blockworks – https://x.com/Blockworks

EVENTS

› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th

https://blockworks.com/events

› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in crypto.

Get your TOKEN2049 tickets here: https://checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST

› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration

DISCLAIMER

Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

What matters more in today’s market: the numbers or the story investors believe?

This week, we debate crypto’s rebound and why markets increasingly reward narrative, momentum, and massive future outcomes over traditional valuation.

We also cover Hyperliquid vs Pump, Ethena’s token overhaul, AI valuation mania, and the convergence of trading and social. Enjoy!

TIMESTAMPS:

00:00 Intro

01:07 Is Crypto Risk Worth It?

08:07 Are AI Assistants Overhyped?

13:40 Is Crypto Undervalued Again?

22:06 Why Pump Trails Hyperliquid

30:14 Ads (TOKEN2049, Avalanche Summit)

34:12 Ethena Fixes Its Tokenomics

42:33 How Does Ethena Keep Growing?

49:30 Can FOMO Onboard Normies?

56:10 Content Of The Week

FOLLOW THE SHOW

› Empire– https://x.com/theempirepod

› Jason – https://x.com/jasonyanowitz

› Santi – https://x.com/santiagoroel

› Rob – https://x.com/HadickM

› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh

› Blockworks – https://x.com/Blockworks

EVENTS

› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th

https://blockworks.com/events

› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in crypto.

Get your TOKEN2049 tickets here: https://checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST

› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration

DISCLAIMER

Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.