In this clip from Uneasy Money, Luca Netz reveals something nobody had heard before: Igloo built a new financial instrument to list crypto tokens directly on the NYSE or Nasdaq as registered securities, one-to-one with crypto markets. Porter Stowell asks the hard questions about structure, protocol revenue flows, and why the $10-20M TradFi underwriting cost is the real barrier.

Hosts:

• • Kain Warwick – Founder of Infinex and Synthetix
  • Taylor Monahan – Security Expert
  • Luca Netz – CEO of Pudgy Penguins

Guest:

• • Porter Stowell – CEO of W3.io

This clip is from a longer conversation on AI export controls, agentic payments, and the case for tokenized equities. Full episode here: https://youtube.com/live/5yHGVoCadXI?feature=share

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