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GEN C: The Interspecies Economy: How Animals Could Join the Crypto Revolution

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 14 July 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Jonathan Ledgard of Tehanu explains his revolutionary concept of "interspecies money" where animals and natural resources can hold digital identities with crypto wallets to receive payments for the services they provide to humans.

Jonathan Ledgard is the CEO of Tehanu and the pioneering mind behind "interspecies money" - a concept that extends digital identity and cryptocurrency payments to animals, plants and natural resources. With a background at The Economist and extensive experience in robotics and AI, Ledgard has developed a system where species can "stake" their existence and receive payments for the essential services they provide to humans. The conversation explores Tehanu's successful pilot project with mountain gorillas in Rwanda, the potential for stable coins backed by conservation efforts and how this model could transform the relationship between humans and nature.

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"Gen C" features host Sam Ewen. Executive produced by Uyen Truong.

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Transcript

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0:00.0

What would happen if an old growth tree or an insect colony or an elephant would be able to hold

0:07.1

down the stable digital identity, and you can attach a wallet to that identity, obviously,

0:13.5

to be clear, not to the animal or tree itself, but to the kind of computational proxy of that.

0:21.2

That started off as a kind of thought experiment, and then the Brookings Institution in Washington,

0:27.5

D.C. asked me to write a paper, and that's when I sort of really came up with this idea

0:34.1

of interspecies money.

0:43.5

All right.

0:45.9

I am very excited for this episode.

0:49.4

Have you ever wondered whether gorillas could have a crypto wallet or whether stable coins could fuel the soil or the sun.

0:55.0

These are concepts around the idea of interspecies money.

0:59.0

And our guest, Jonathan Leggard, is the person who has really concepted this idea,

1:05.0

which is that the Earth is a natural resource and provides labor for us. It may be in the sunshine it brings, it might be in the bees,

1:14.6

propagating flowers, it might be in how water feeds the plants around the world and the animals.

1:19.6

So, he has created this idea that interspecies money can exist,

1:25.6

where the earth and its resources are in essence paid for the work

1:31.8

that they give us. And I think it's a pretty fascinating concept when you think of the animals and the

1:36.5

plants and the air and the soil and all of the things that really continue to keep us alive and keep us

1:41.9

happy. He has a company called Tejano, and Tejano is really working on

1:47.3

solving this challenge. They have an amazing project with the guerrillas in Rwanda, and they are also now

1:55.0

working on fruit bats and some other species. He's really sort of pioneering this idea that a small portion of the funds

2:02.8

driven by tourism and resources that go into making businesses can come back to the resources

2:10.1

themselves with agents and AI, in essence being the voice that tells us what they need and then

...

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