Jamie Rogozinski, Wallstreetbets: ‘Crypto Should Help, Not Replace TradFi’


Manage episode 302924732 series 2985509
By CoinDesk.com. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

“I don't think you're going to replace the stock market with the blockchain just because it's better. I think they can coexist. Take all the benefits that you have from blockchain and figure out a way to adapt it."

Jaime Rogozinski is the founder and ousted chief of Reddit’s infamous trading community: WallStreetBets. He spent years watching crypto from the sidelines as a die-hard “stonks only” investor. This week on “Opinionated,” he tells Ben, Danny and Anna how he finally came around.

Now, Jaime is playing a leading role in WSBDapp.com, a project he says mixes global equities, smart contracts and borderless finance. The idea is to give investors a crypto token whose value is linked to trades they might not otherwise make. Jaime says it’s an innovative evolution of TradFi and DeFi.

The project is in its early stages, but the gang still has plenty of questions for Jaime. For example: Why would regulators allow tokenized stocks? How do tokenized ETPs differ from ETFs? Is this really going to be a boon for retail investors?

Listen to this week of “Opinionated” to find out.

This episode was produced, announced and edited by Michele Musso with additional production support by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

31 episodes