Market Cap w/ Laszlo Szabo from Kiln

🎥 Watch the video version: https://www.youtube.com/watch?v=4H0f6xHcXp4 On this Market Cap episode, our Director of Institutional BD Stefano Sanabria speaks with Laszlo Szabo, Co-founder and CEO at Kiln. Kiln is a leading institutional onchain asset and yield management platform, enabling institutions to generate yield on their digital assets, surpassing 18 billion USD in assets delegated last year. They offer a comprehensive suite of yield products, real-time reporting, and monetization tools that help custodians, wallets, exchanges, and asset managers streamline onchain operations. Chapters0:00 From Recruitment To $18B In Delegations 2:58 Why Kiln Ignored Retail And Went Full B2B8:41 Shift From “Just Staking” To Full Onchain Yield Infra12:34 Ethereum Wants Less ETH Staked, Not More14:58 Turning 2.5% Staking Into 4.5% Yield16:05 Circle’s Arc And Stripe’s Tempo Signal A New Era24:41 Convergence Of Coinbase and Revolut28:43 Why Stablecoins Became The Growth Market31:58 The Core Problem With Morpho Vaults For RWAs35:07 Railnet: Mixing Liquid DeFi With Illiquid RWAs — On Market Cap we feature firms and funds to explore the thinking that guides them, the patterns they observe, and other forces moving the markets.