Why CLOs Are Suddenly DeFi's Hottest Yield Play

Description

Niklas Kunkel maps where the RWA market is heading next, from Centrifuge and Apollo's CLOs to Galaxy's first tokenized credit product, then turns to a cautionary tale: some SpaceX pre-IPO token buyers never actually owned the shares they thought they had. Host: Steven Ehrlich - Host of Bits + Bips and Head of Research at Sharplink - https://x.com/Steven_Ehrlich Guest: Niklas Kunkel - Founder and CEO of Chronicle Labs - https://x.com/nomos_paradox This clip is from a longer conversation on crypto oracles, tokenized real-world assets, and Chronicle Labs' work verifying them. Full episode here: https://youtu.be/HW9Cu_E8DnU We go live every week - subscribe to catch it live. Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED). Chapters 🌍 00:00 Where the RWA market goes next, from the man building its plumbing: Niklas Kunkel 💰 00:44 The yield trade heating up: why CLOs like Centrifuge's JAAA and Apollo's Acred are suddenly everywhere 🌌 01:14 Galaxy's first tokenized CLO, and why it's a far bigger deal than it looks 🔍 01:56 Trust no one: how Chronicle checks Galaxy's loan book against its own custodian 🔁 03:04 The looping trick that turns a 7% CLO yield into 14% or 21%, and the risk hiding inside it 🏢 03:27 What's coming next: tokenized REITs and equities 🚀 05:28 The SpaceX pre-IPO token question Niklas keeps getting asked 📉 06:06 The catch nobody mentioned: why SpaceX token buyers never actually owned their shares _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!