Rebecca Reddick joins us now.
She is the COO and CLO of Go Labs.
Very grateful for your time here, Rebecca.
I want to start by asking you about your block assembly marketplace, better known as BAM.
What, why is activity on Solana surging right now?
And what do you most want people to know about what BAM is all about?
Thanks so much for asking.
Great to be here.
Thanks for having me.
Um, so BAM is a complementary network to Salon.
I think activity is really surging on Solana right now because of institutional interest in transacting on chain.
I think we've seen a lot of institutions getting into the space over the last 18 months in a meaningful way.
VAM really helps that adoption in many ways.
Uh, it allows for customization, for privacy, and for speed and certainty in landing transactions.
Solana obviously is known for its speed, which is something that institutions are really looking for, but I think that the combination of the speed and also everything that Solana can offer today really is allowing for greater institutional adoption and usage of Solana.
Rebecca, while I have you, I want to get your take on CODA.
This is institutional crypto custody specifically in South Korea.
How big of a deal is that CODA deal and how important is Asia overall for crypto growth?
Asia is incredibly important as a sector or an area for crypto growth.
I think South Korea has been really forward.
Thinking both in regulatory as well as, uh, just in terms of how the marketplace works, there's been a lot of receptivity.
The CODA deal definitely, um, it is really exciting on our end, uh, in terms of enabling usage of new assets, something called Gido Soul, which we call liquid staking tokens.
The SEC in the United States calls them staking receipt tokens now, but ensuring that there is, uh, adoption and access in Asia to these.
Special type of reward bearing assets, I think is really important.
I wonder what you think it means for the crypto space, the crypto ecosystem overall, if the Fed does in fact get Kevin Warsh, who a lot of people suspect might end up being a bit more market friendly than previous heads of the Federal Reserve.
You know, it's very interesting.
We've seen Kevin Worsch's disclosures about his crypto holdings.
He certainly has been a very active or interested investor in many ways in the crypto space.
And so whether, you know, I don't know if we can say the Fed is going to be good or bad for crypto as crypto, but I certainly think we will have a Fed chair if Kevin Warshch is confirmed.
Really understands the crypto space and may understand the impact of something like how important stablecoins are to, uh, you know, prominence and preeminence of the US dollar nationwide, which is obviously, I mean, sorry, uh, internationally, and so I think that's a really important part of thinking about Kevin Warsh coming in as Fed chair.
Rebecca, unfortunately I'm out of time.
I had more questions about regulation clarity Act.
That means you'll have to come back again soon, but I'm really grateful for you kicking us off here on Monday.
Rebecca Reddick, COO and COO of Gito Labs.
Rebecca, nice to see you.
