The Best Risk-Adjusted Yield in Crypto Right Now w/ Nic Santomauro, Figure Markets

Can blockchain revolutionize a $1.6 trillion market—and no one’s talking about it?

In this episode, Jay sits down with Nick Santomauro, CMO at Figure Markets and former Global Growth Director at Binance, to unpack how tokenized private credit could quietly reshape the financial system.

Nick explains how Figure has already put over $12 billion worth of home equity loans on-chain, and why that could be just the beginning. They dive into the impact of the Genius Act, the $6.6 trillion threat to traditional banks, and how retail investors can now access yields that were once reserved for institutions.

If you've been waiting for a real-world crypto use case, this is it.

In this episode you’ll learn:
- What tokenized private credit is, and why it matters
- How Figure Markets has quietly become a leader in real-world asset tokenization
- Why the Genius Act could trigger a massive capital shift out of the banking system
- How DeFi is positioned to absorb that shift and offer new yield opportunities
- What “Democratized Prime” is and how retail investors can access ~9% yield
- The difference between traditional HELOCs and on-chain home equity loans
- Why decentralized custody is crucial post-FTX
- Nick’s perspective on where crypto is headed over the next 6–12 months
- The growing opportunity in tokenized debt vs tokenized equities

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???? GUEST INFO ????​
Nick Santomauro: https://x.com/Nsantoma
Figure Markets: https://x.com/FigureMarkets

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⏱ TIME POINTS ⏱​
00:00 - Intro
01:39 - Crypto’s Next $1 Trillion Opportunity - Private Credit
04:21 - Tokenizing private credit: how Figure got to $12B
07:31 - The Impact of the US Genius Act on Banks
10:00 - The Coming $6T Exodus from Banks
11:45 - Why no one in crypto knows about Figure
12:31 - Inside Binance during the FTX collapse
14:34 - Definitive & Ledn
15:42 - How to Access 9% Yield on Real World Assets
21:10 - Why DeFi Summer 2.0 Will Be Way Bigger Than 1.0
24:42 – Why Isn’t More Competition Offering Tokenized Private Credit?
29:33 – Crypto Market Cycle Outlook and The Future of Tokenized Assets
35:00 - Wrap Up
35:40 - Nexo

#crypto #defi #realestate

#crypto

???? Disclaimer ????
The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal, or tax advice. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. The speakers are not licensed financial advisors or registered investment advisors. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses. The speakers do not guarantee any specific outcome or profit. Viewers should consult with a qualified financial professional before making any investment decisions.