Solana, Tokenized Stocks, and Backpack w/ Armani Ferrante | Raoul Pal The Journey Man

Raoul Pal welcomes Armani Ferrante, founder of Backpack and Mad Lads, for a conversation on Solana, tokenized stocks, prediction markets, AI agents, and the future of global finance. Armani explains how Backpack is working to bring regulated financial markets onchain, why tokenized equities could open access to U.S. stocks around the world, and how crypto rails may become the global API for finance.

Today's episode is supported by Pyth Network, the fastest-growing name in market data, packed with over three thousand instruments covering equities, commodities, FX, rates, and crypto, plus the largest set of 24/7 financial indices out there. Pyth has already partnered with Fidelity, Revolut, Kalshi, Jane Street, Coinbase, and the U.S. Department of Commerce, and has recently developed a new model for financial data distribution. When modern markets require modern data solutions, Pyth Network is quickly becoming the answer. And it’s probably the only name in market data you can check out for free. Head over to pyth.network to take advantage of their free trial.

TOKEN2049 Singapore, the world's largest crypto event, returns to Marina Bay Sands on 7–8 October. 25,000 attendees, 500 exhibitors, 300 speakers and 1,000 side events take over the city during TOKEN2049 Week. On stage: Raoul Pal (Real Vision), Jeff Yan (Hyperliquid) and Shayne Coplan (Polymarket). The Real Vision community gets 10% off tickets, claim yours.
URL: https://checkout.token2049.com/events/asia?promo=realvision10&utm_source=newsletter&utm_medium=email&utm_campaign=realvision&utm_id=realvision

🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF

Timestamps:

00:00 - The Future of Crypto: Bringing the Global Economy On-Chain

02:49 - Armani Ferrante’s Journey Into Crypto and Solana

06:26 - Surviving FTX and Betting on Solana’s Comeback

10:10 - How Backpack Plans to Build the Future of Finance

11:51 - Why Crypto’s Next 100x Will Come From Mainstream Adoption

16:03 - Regulation, Tokenized Stocks, and Bringing Finance On-Chain

20:59 - Why Tokenized Stocks Could Change Global Markets

23:39 - Pre-IPO Tokens and the Future of Capital Formation

25:29 - Why Finance Is Becoming a Global API

28:33 - AI Agents Are Coming to Financial Markets

33:00 - The AI Agent Economy and Tokenized Data

35:00 - What Happens When AI Agents Get Bank Accounts?

40:22 - Backpack’s Plan to Bring the Entire Stock Market to Solana

44:28 - Solving Liquidity for 24/7 Tokenized Stocks

47:06 - Prediction Markets Are Bigger Than Gambling

49:51 - Markets as Intelligence: The Future of Price Discovery

51:47 - Why Crypto Keeps Reinventing Finance

#raoulpal #crypto #armaniferrante #realvision #solana #backpack #madlads #tokenization #tokenizedstocks #stocks #stablecoins
Learn more about your ad choices. Visit podcastchoices.com/adchoices