Welcome Banked to the Friday weekly roll-up.

My co-host, Ryan Tuan Adams, is out for the week, hanging out with his family,

and we are tapping in Tom Schmidt from Dragonfly in to replace him.

Tom. How you doing, my man?

Good. Thanks for having me.

I was just saying this is like a nice crossover app.

Like you came on the chopping block a couple weeks ago. Now I'm on this is like a nice crossover app. Like you came on the choppy

block a couple weeks ago. Now I'm on bank list. Now you're here. Yeah. You know, the podcasts are just

cycling through other podcasters. Eventually we'll have hit every single. Yeah, exactly.

Honestly, everyone should just get into one big podcast and we'll have one room. We'll see how it goes. Overall, before we get into the news of the week, which was a

pretty light week, I'll call it. We have the Kulshi Rays. We have some markets to talk about

nothing too big this week. So in order to kind of kick things off, I kind of want us to get

your vibe check about the state of crypto, because we are going from one half of the year to the

other. It is June 26th at the time of recording. So we are going from one half of the year to the other, it is June 26th

at the time of recording. So we're finishing the first half and during the second half of the

year. I remember general sentiment. I don't know what your market take was going into this year,

but general consensus was rough first half of the year, frothy second half of the year. And I think

that that has played out more or less to a T,

wondering what your take is. Yeah, I feel like whenever there's some macro chaos, some geopolitical

chaos, then it's always taking the driver's seat and crypto is always sort of secondary and

feels like, you know, this week we were kind of covering from a lot of the geopolitical

craziness for the past couple weeks. But yeah, it's been quiet. I think permissionless was taking

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