第739期：推动华尔街数字资产发展的加密数据公司

八月是个整理衣柜的好时机，把夏天没用上的东西清掉，为秋装做准备，升级那些你每周都会穿的基础款。

August is a good time to clean up the closet a little bit, get rid of the summer stuff that you didn't use, prepare for your autumn wardrobe, and upgrade the basics that you'll actually reach for every week.

这就是我喜欢Quince的原因。

That's why I like Quince.

他们做的单品少而精，质感高级，但没有奢侈品的溢价。

They make fewer better pieces that feel premium, but don't come with the luxury markup.

对我来说，我最常穿的是那件100%欧洲亚麻抽绳沙滩裤和配套衬衫。

For me, the piece I keep coming back to is the 100% European linen drawstring beach pants with the matching shirt.

我超爱在海边度假时穿它们，因为特别省事。

I love wearing them on beach vacations because they're easy.

透气又舒服，看起来搭配得很用心，但又不会让人觉得用力过猛。

They're breathable, comfortable, and they look put together without feeling like I'm trying too hard.

白天随便一套就能出门，在水边穿也行，晚上稍微打扮一下也合适。

Throw them on during the day, wear them by the water, or dress up a little bit at night.

这种百搭的单品才是我真正会穿的，因为实用性强。

That's the kind of staple I actually use because it has versatility.

而这正是Quince做得好的地方。

And that's really what Quince does well.

他们专注于那些更实用的日常单品，比如超柔软的有机棉T恤，还有高级木兰和羊绒毛衣，可以从休闲工作日穿到外出晚餐。

They specialize in everyday pieces that work harder like ultra soft organic cotton tees and premium magnolia and cashmere sweaters that can go from a casual workday to dinner out.

如果你的基础款开始显得旧了，Quince让你轻松升级，有高级牛仔和定制斜纹裤，只要60美元起，拥有你期望从奢侈设计师品牌那里得到的剪裁、结构和优质面料。

If your basics are starting to feel worn out, Quince makes it easy to upgrade with premium denim and tailored chinos from just $60 with the fit structure and quality fabrics you'd expect from a luxury designer brand.

Quince的所有商品价格都比同类品牌低50%到80%。

Everything at Quince is priced 50 to 80% less than similar brands.

他们直接与道德工厂合作，省去中间商，所以你支付的是高品质，而不是品牌溢价。

They work directly with ethical factories and cut out the middleman so you're paying for high quality, not brand markup.

而且这不仅仅是服装。

And it's not just clothing.

Quince已经成为从酒店级床上用品和浴室必需品到高级厨具和旅行必备品的首选。

Quince has become a go to for everything from hotel quality bedding and bath essentials to premium cookware and travel must haves.

各位，你们已经听我说了很久了，我告诉你们一定要去quince.com，因为那个网站有那么多选择，逛起来特别有趣。

Guys, you've been hearing it for so long now how I tell you you have to go to quince.com because the website is so fun for all the options that they have.

这个网站特别好逛，价格也真的没得比。

It's a great website to go click around and the prices can't be beat.

升级你的日常穿搭，下载Quince App，享受独家优惠。

Upgrade your everyday, download the Quince app for app exclusive offers.

访问 quince.com/crypto10one。

Go to quince.com/crypto10one.

现在下单免运费，还支持365天退换，加拿大和英国也能享受。

Get free shipping on your order and 365 returns now available in Canada and The UK too.

网址是 quince.com/crypto10one。

That's quince.com/crypto10one.

好了，各位。

Alright, everybody.

又到了Crypto 101播客的时间了。

It is time for another Crypto one zero one podcast.

如果你上周五听我预告过，我们接下来会陆续放出在The Tie主办的Out East大会上做的采访。

If you heard me tease this last week on Friday, we are going to start rolling out our interviews from the Out East Conference presented by The Tie.

我和布莱斯一起去了纽约市。

Bryce and I traveled up to New York City.

我们是受The Tie邀请的。

We're invited by The Tie.

那是个仅限受邀者参加的活动，加密货币投资界的顶尖人物都到场了。

It was invite only and it was the who's who of crypto investing was there.

我们做了很棒的采访。

We got amazing interviews.

大概有17个采访，会在接下来几周陆续放出。

We got about 17 of them that we're going to be rolling out over the next couple of weeks.

但在那之前，我想先让你了解下当时的背景。

But before we do that, I wanna make sure that you understand the setting that this was.

我们当时在外地。

We were on the road.

我们搭了一个很漂亮的媒体花园，但确实得应对一些天气问题。

We had a beautiful media garden setup, but we did have to deal with some weather.

当时下了点雨，还刮了风。

We had some rain, some wind come in.

我们一度不得不搬到室内。

We had to move inside at one point.

所以我想先说明一下，我正在尽最大努力为你们制作这些内容。

So I just wanted to set this up that I'm doing my best job producing this for you guys.

我也在尽最大努力为你们剪辑这些内容。

I'm doing my best job editing for this for you guys.

质量绝对是顶级的。

There's gonna be the quality is top tier.

有几段可能会有点背景噪音。

There's a couple where there might be a little bit of background noise.

我会尽力帮你们把那些噪音剪掉。

I'm trying my best to edit that out for you.

但我想说的是，这些采访是我们做过的最好的之一，嘉宾也是我们请到过的最顶尖的。

But I do wanna set it up that these interviews are some of the best that we've ever done with some of the highest quality guests that we've ever had.

所以大家得打起精神来。

So I need you guys to lock in.

接下来几周我们会每隔几天就发布一期节目。

We're gonna be dropping episodes every couple days of the next couple weeks.

嘉宾包括前CFTC主席。

Everything from former CFTC chairmans.

还有Potomac Partners。

We've got Potomac Partners.

还有Sovereign。

We've got Sovereign.

还有Monarch。

We've got Monarch.

还有Dragonfly和Multicoin Capital。

We've got Dragonfly and Multicoin Capital.

这些人都是在这个领域做决策、手握资金能影响市场走向的。

These are all the people that are making decisions in the space and have the money to move markets.

你们一定要来听。

You're going to want to tune in.

你们一定要仔细听。

You're going to want to listen.

记得订阅、打开通知铃，然后好好享受这第一期节目，嘉宾是The Tie的Josh Frank，他帮忙促成了这一切。

You're gonna wanna subscribe, turn on the bell notification, and enjoy this first episode with Josh Frank from The Tie who helped put all this together.

这周还有更多精彩的访谈，敬请期待。

And stay tuned for the rest of the great interviews this week.

好了，各位。

Alright, everybody.

我们现在在长岛北叉的Out East峰会现场，身边是这次会议的组织者、The Tie的CEO兼创始人。

We are here at the Out East Summit in the North Fork Of Long Island with the conference organizer himself, the CEO and founder of The Tie.

Josh Frank先生，感谢你邀请我来参加，也感谢你让我在你的峰会上做客。

Mister Josh Frank, thank you for thank you for joining me, but thank you for having me at your summit.

感谢你

Thanks for

邀请我来参加，真的很高兴能和你一起在这里。

having me on, and it's it's great to be together to have you here.

我是说，我们认识已经……

I mean, we've been friends for.

从2019年开始？

Since 2019?

对。

Yeah.

我记得我们是在洛杉矶eToro的一个屋顶派对上认识的。

I think we met at an eToro rooftop party during In Los Angeles.

某个不知名的会议。

Some random conference.

我完全

I have

不记得那是什么会议了，但我对那个场景记忆犹新，当时就在想，哇，这绝对是我见过的最聪明的人之一，甚至可能没有之一。

no idea even what conference that was, but I vividly remember that and thinking, wow, this is like one of the smartest guys I've ever met, if not the smartest guy

在加密货币领域。

in crypto.

我看得出来他喝了不少。

I can tell he had drank a lot.

这就是他留下的印象。

That's the takeaway that he had.

不，老兄。

No, dude.

我是说，你显然用The Tie建立了一家很棒的数据公司。

Mean, you've been you obviously built a great data company with The Tie.

我记得当初只有你和他们，现在呢，你手下有多少人了？

I remember when it was just you and them, and now it's, how many people work for you now?

包括员工和合同工，刚过一百人。

Across employees and contractors, just over a 100.

是啊，太厉害了。

Yeah, it's insane.

真的太棒了，看到这样的成长，你知道，我很自豪从一开始就参与其中。

It's so, love to see the growth, and you know, proud to have been there since the start.

现在我们有这么棒的会议，来了像富达、摩根士丹利、景顺、银河这样的机构。

And now we've got this great conference with the likes of Fidelity here, Morgan Stanley, Invesco, Galaxy.

还有Coinbase，基本上华尔街和加密圈的所有大牌都来了，他们来都是因为你和你建立的关系。

I mean, Coinbase, you know, pretty much every single big name on Wall Street and in on Crypto Street, as you will, is here, and they're all here because of you and and the relationships you've built.

所以在深入聊The Tie、你们最近的收购、增长和产品之前——感觉你们每周都在推出新产品，这些工程师，我觉得你们是不是把他们逼得太紧了，因为你们公司的产出速度简直惊人。

And so before we dive into The Tie, all the acquisitions you've recently had, the growth, the products that I mean, you guys come out with a new product every week, it feels like, and these engineers, I think you're you're overworking these guys because it's incredible to see just the rate of production from your firm.

但我想先从这次峰会说起，因为这次峰会真的办得太好了。

But I wanna start with the summit because this is, you know, such a great summit.

就像我们说的，嘉宾阵容很强大。

As we've said, great guests.

你是怎么想到来东海岸、来北福克，并且邀请这些嘉宾的？

What kind of what was the thought behind coming out east, coming to the North Fork, and inviting all these guests?

对。

Yeah.

其实，总的来说，加密货币会议很多时候挺没用的。

Mean, the the backdrop broadly is that crypto conferences can be pretty useless.

你去参加一个大型加密货币会议，会场里成千上万的人走来走去，人山人海的，对吧。

When you go to a big crypto conference and there's thousands of people walking the floor, there's thousands of people, and Yeah.

而且这些人都是随机碰上的，跟你也没什么关系。

And they're random, and they're unrelated to you.

他们可能是服务提供商。

They could be service providers.

也可能是，你知道，同一家公司的一百个销售代表，就那种

It could be, you know, a 100 salespeople from the same, you know

你一场接一场地喝酒

You gotta booze after booze

然后呢，这种场合一点都不私密。

after And it's not it's not intimate.

就算你找到了想聊的人，也就是在走廊里擦肩而过一分钟而已。

And even if you find the people that you wanna talk to, you pass by them in the hall for one minute.

你根本没机会坐下来跟他们好好聊。

You don't get to sit down with them.

我真心觉得，最好的活动就是把一群优秀的人聚在一起待上几天，给他们机会去交流、建立关系。

And I've really found that the best events are events that bring together good people for a number of days and just give them an opportunity to connect and build relationships.

所以对于Out East，整个想法就是：我们怎么把人带到一个哪儿也去不了的地方？

And so with Out East, the whole idea was basically, how can we bring people to a place where you can't go anywhere?

对。

Yeah.

哪儿也去不了。

There's nowhere to go.

没有咖啡馆可去。

You can't go there's no coffee shop.

你可以往那边跑进葡萄园，往那边跑到农场。

You could run into the vineyard that way, the farm that way.

是的。

Yeah.

差不多也就

That's about as

只能走到那么远了。

far as you can go.

如果你走得够远，就会和别人一起去摘浆果。

If you if you go far enough, you go berry picking with somebody else.

对。

Yeah.

但你知道，其实能做的事情并不多。

But, know, there's not there's not much that you can do.

所以，从概念上讲，整个想法就是创造一个很棒的环境，让人们可以待在一起，建立联系。

And so, you know, conceptually, the whole idea was create an amazing environment where people can spend time together and they can connect.

所以我们选择北叉，部分原因是我有私心。

And so we chose the North Fork partially because I'm biased.

我结婚的地方离这儿就五分钟路程。

I was married five minutes away from here.

那是一个

It was a

很棒的婚礼。

great wedding.

那确实是个很棒的婚礼。

It was a great wedding.

有你在场真是太好了。

Was it was great having you there.

非常喜欢。

Loved it.

所以我在很近的地方结了婚，这地方真的很棒。

The so I got married, you know, very close by, and it's an amazing area.

而且，它离纽约也很近。

And, also, it's very close to New York.

对吧？

Right?

所以我们想办一个交通方便的活动。

And so we wanted to do something that was accessible as well.

如果你在城里，开车一个半小时就能到这儿。

So if you're in the city, you can drive out here in an hour and a half.

到了这里，我们会精心安排各种超棒的体验。

And then when you're here, you know, we curate all these incredible experiences.

对吧？

Right?

我们有龙虾餐车、披萨餐车。

We have a lobster food truck, a pizza food truck.

每位来宾都能亲手制作一瓶自己的葡萄酒。

We have every attendee gets to make their own bottle of wine.

他们还能参加品酒活动。

They get to do wine tasting.

对。

Yeah.

我和蒂沃晚点要去品酒。

We're doing wine tasting later, me and Tievoe.

对。

Yeah.

是的。

Yeah.

所以我们想打造这样一个绝妙的体验。

So we wanted to create this this this amazing experience.

而且，你知道吗，活动一开始我们安排的是葡萄酒之旅。

And, you know, like, we started the event with you could do a wine tour.

你可以去打高尔夫，然后，建立人脉关系。

You could go golfing, and, you know, you make a relationship.

你认识一些人，在两三天的时间里，你们就能一起做生意，并且把它做大。

You meet somebody, and over the course of two or three days, you're able to do business together and and and grow it.

我觉得我们的参与者之所以欣赏我们，并且我们能请来高级主管，是因为我们不是随便什么商务拓展和销售人员都让进的。

And I think the thing that our attendees appreciate and why we can bring senior executives here is because we don't just allow random BD and salespeople and everyone.

对。

Yeah.

这不是推销大会。

It's not a pitchfest.

这不是推销大会。

It's not a pitchfest.

真的，我们这里没有那些虚的东西。

You know, we really there's no vaporware.

对吧？

Right?

这里讲究的是质量，而且当然，活动是有议程安排的。

It's it's really quality, and it's it's also there's no there's no there obviously, there's an agenda.

他们会上台发言，但议程本身没有那种推销性质。

They're speaking, but there's no agenda in that.

你来这里想做什么都行，想聊代币化、聊加密货币、聊你想投资的任何东西，都可以，而且这里的环境低调又棒极了。

You're here to do whatever you want if you wanna talk tokenization, if you wanna talk crypto, if you wanna talk, you know, whatever it is that you wanna invest in, you know, you have that opportunity to do that, and you have this low key incredible environment.

你想拉个人到那边去聊聊，那边空间大得很，完全没问题。

You wanna go pull somebody over there, over there, you know, it's just a gigantic space to do that.

我得先说说高尔夫之夜的事，因为我在日程上看到了，我当时就想，我可是个高差点选手。

I I gotta I gotta backtrack to the golf night because I saw that on the agenda, and I was like, I'm a high handicapper.

对吧？

Right?

我差不多是30以上的水平。

I'm like a 30 plus.

其实我们一起打过高尔夫。

Like, I I We've golfed together.

我们之前一起玩过这个。

We've done this together.

对。

Yeah.

你就像，我见过你打球。

You're like, I've you.

你也见过我的水平。

We we you've seen me too.

对。

Yeah.

对。

Yeah.

你明白就好。

You've got it.

那我明年参加Out East峰会，会被欢迎吗？还是说那些打高尔夫的都是高手？

So would I be welcomed next year at the Out East Summit, you know, or or is the are these golfers just like, you know, absolute sticks?

那气氛怎么样？

So what was the vibe like?

首先，我们——其实我也没有参加。

First of all, we had so I didn't I didn't I also didn't participate.

我得明年再练练球技。

I gotta work on the game in next year.

对。

Yeah.

我可不想丢人。

I don't wanna embarrass myself.

不会的。

No.

不会的。

No.

不会的。

No.

别担心，我们到时候一起打。

Don't wanna do your Make sure we'll play together.

而且，说不定多打几杆，记分卡上也能好看点。

And, you know, maybe a couple of mulligans will will we'll make the scorecard.

我们一定得安排上。

We gotta make it happen.

对。

Yeah.

不过，我们确实有几个人是第一次打高尔夫。

But, no, we had a we had a couple of people that it was their first time golfing.

那是场四人组比赛，所以队伍都分配好了。

It was a scramble, so fed the teams.

不错。

Good.

而且我们还有几个业余高尔夫球手参加了，结果没拿到第一名，真是太丢人了。

And we actually had a few amateur golfers that participated and didn't come in first place, which is so embarrassing.

谁拿了第一名？

Who came in first?

我不知道。

I don't know.

是四个人一组。

It was a group of four.

我不太确定具体是谁在打，但有几个高手。

I'm not sure who was in who was in it, but there were a couple sticks.

他们打出了低于标准杆六杆的成绩。

They they shot six under.

哇。

Wow.

对。

Yeah.

太厉害了。

Incredible.

是的。

Yeah.

你们打的是哪个球场？

What was the course you guys played?

我没打，是在离那儿十分钟车程的地方。

I didn't play, it was somewhere ten minutes away from the

好的，就在长岛这边。

Okay, so up here on Long Island.

现在这真是太了不起了。

Now, it's incredible.

你看，峰会一直很棒，内容非常精彩。

Look, so the Summit's been great, great content.

你是怎么建立起这些人脉的？我是说，真的，不是要自夸，但我觉得在加密货币领域，论人脉网络，你绝对能排进前五，无论是你建立的关系还是你能接触到的人。

How is it that you built these, this, I mean, I think truly like, not to like honk your horn or whatever, but I think you are top five most networked people in crypto in terms of who you've built, who you have access to.

这是因为你做数据业务，自然要跟所有人打交道，还是你特意做了什么来构建这个网络？

Is that just by the nature of your business, you're providing data to everybody, or was there something special that you did to build this network?

我不知道。

I don't know.

我做这行已经很久了。

I mean, I've been doing it for so long.

其实就是，我们在洛杉矶某个随机会议的天台上认识的，对吧。

It's just a matter of like, we met on a rooftop in LA during a random conference, Right.

也许你只是比较平易近人。

You know Maybe you're just approachable.

不，我的意思是，刚开始的时候，你总得把自己推出去。

No, I mean, you first get started, you kinda just gotta put yourself out there.

我创办公司的时候，一个人都不认识，什么资源都没有，所以就是靠不断认识人，再通过这些人认识更多人。

I mean, I started the company, I knew no one, you know, I had nothing going on, and so it's just a matter of meeting people, and meeting people through people.

对，通过终端和机构业务，我结识了成百上千的客户和潜在客户。

And, yeah, I mean, through the terminal and the institutional business, you know, made hundreds of different, you know, connections to customers and prospective customers.

九年下来，自然就认识了很多很多人。

And it, you know, nine years later, you end up meeting a lot of people.

是的。

Yeah.

而且在纽约，我们以前每周都在城里办欢乐时光活动，很多人都会来。

And being in New York, you know, we also used to host weekly happy hours in the city, and a lot of people come in Yeah.

然后大家一起做点事情。

And and do things.

所以，这其实就是长期认识人、长期做一件事的积累结果。

And so it it's it's just it's the culmination of knowing people for a very long time and doing something for a very

对，我觉得这就是那个原则——虽然我不知道具体叫什么——就是你提供价值。

long And I think it's that rule, like, I I don't know what the rule is, but, like, you provide value.

你很少去要求别人给你价值。

You you very rarely ask for people to give you value.

你是个给予者，而不是索取者。我觉得这正是人们喜欢来参加你的会议、和你合作的原因，因为你真的会穿梭在每一个餐车之间，每一个活动里，问人家‘你觉得会议怎么样？’

You're a giver not a taker, and I think that's one thing that like why people are attracted to like coming to your conferences and working with you because you, I mean, you're literally hustling around every single different food truck, every single different thing, You know, hey how are you enjoying the conference?

‘你想认识谁？’

Who do you wanna meet?

每个人，只要我问，他们就会说‘对，Josh刚才就在帮忙做各种引荐’，所以你确实在跑腿干活。

And everybody if I'm asking they're like, yeah like Josh was asking, you know making all these introductions so you do the legwork.

不过，我们还是聊聊领带吧。

But anyhow, let's dive into the tie.

聊聊你们正在建设什么、正在忙什么。

Let's dive into you know what you guys are building on, what you guys are working on.

先从一个宏观的角度开始，然后再深入细节。

Start us at a high level before we zoom in.

对于正在观看的人，无论是散户还是机构，Tie 是做什么的？

For folks who are watching, whether they're a retail trader, whether they're an institution, what does the Tie do?

对，这个嘛，得看你什么时候问这个问题。

Yeah, well, that's, it depends on when you ask the question.

当然。

Sure.

所以答案其实会变。

So the the answer's actually gonna change.

我们一两周内会发布一个公告，答案会稍微有点变化。

We have a public announcement in in a week or two, will slightly change.

好的。

Okay.

那就改一下。

Change change that.

但总的来说，这是个悬念。

But broadly speaking It's a cliffhanger.

哇。

Wow.

对。

Yeah.

这是个悬念。

It's a cliffhanger.

这是……这是……这是监管方面的原因，所以我不能不同意。

It's a it's a it's a regulatory related reason why I can't I can't disagree.

我很满意。

I'm happy with that.

是的。

Yeah.

没错。

Right.

不过总的来说，我们主要帮助机构与数字资产进行互动，而且方式有很多种。

The, but what we do broadly is we really help institutions interact with digital assets, and, and that's in a number of ways.

所以我们最初是一家数据公司。

So we started as a data company.

我们搭建了Tie终端和API，听众可以把它想象成加密货币领域的彭博或路透那种平台，服务于数百家对冲基金、资产管理公司、风投机构、银行做市商和场外交易柜台。

And so we built the Tie terminal and APIs, which for anyone listening, think of like a Bloomberg or fax that type platform for crypto, which service hundreds of hedge funds, asset managers, VCs, bank market makers, OTC desks.

这大概就是我们的起点。

So that's kinda where we started.

但这些年，我们确实扩展了业务范围。

But over the years, we really expanded that.

首先扩展的是活动业务。

So the first thing we expanded that with was events.

几年前我们意识到，因为我们的业务，我们认识所有机构。

And so we realized a few years ago, we knew all the institutions because of our business.

我们也认识很多协议方。

We also knew a lot of the protocols.

我们发现协议方和机构之间其实缺少很好的连接渠道。

We realized the protocols and the institutions didn't really have great places to connect.

在传统资本市场里，投资银行会举办卖方研究会议。

So in traditional capital markets, investment banks put on sell side research conferences.

比如说，像顶级投行那样的机构，会自己组织会议。

So, you know, think, you know, tier one bold bracket bank will We'll put on a conference.

他们会邀请所有上市和私营金融科技公司的CEO，与私募股权公司、资产管理公司、对冲基金等坐在一起交流。

They'll bring the CEOs of all the public and private fintech companies, sit with private equity firms, asset managers, hedge funds, the like.

但在加密货币领域，这种模式基本不存在。

In crypto, that didn't really exist.

所以几年前，我们开始举办第一批活动，重点就是帮助协议方与机构建立联系。

So a few years ago, we started putting on our first events focused on actually helping protocols connect with institutions.

这就是我们最初的出发点。

That's really the genesis.

是的。

Yeah.

我们的第一个活动叫做“桥梁”，因为我们想把协议和机构连接起来。

Our first event was called the bridge because we wanted to bridge protocols and institutions together.

这就是我们起步的方式。

So that's how we got started.

随着我们进一步拓展，我们发现我们的两类客户有一个共同点，就是他们都持有大量代币。

As we built that out more, we realized that there was something that both of our customers had in common, is that they had a lot of tokens.

所以我们在去年年底收购了……他们之前持有大量代币。

So we acquired at the end of They last had a lot of tokens.

他们不一定想用现金支付给我们，但他们有很多代币，这些代币他们其实也没怎么用。

And they didn't necessarily want us pay us cash, but they had a lot of tokens that they weren't really, you know, using for much.

于是在去年年底，我们收购了一家名为Staking的业务，这是一个价值20亿美元的委托质押业务。

And so at the end of last year, we acquired a business called Staking, which is a 2,000,000,000 Ask Thunder delegation staking business.

我们的想法是，我们可以去找客户，对他们说：你看，你想参与我们的活动，想获取我们的数据和信息，那就把你的质押委托给我们吧。

And the idea was we could go to our clients, we could say, look, you wanna be part of our events, you wanna access our data, you wanna access our information, delegate your stake to us.

我们会收取和其他质押服务商一样的费率。

We'll charge you the same rate as any other staking provider.

条款都一样，什么都一样，但你能获得额外价值，因为说到底，质押服务商给你的利率相同，基础设施也一样，根本没什么区别。

It's the same the same terms, everything, but you get additional value because ultimately, you know, staking providers are giving you the same rate, the same infras, there's no differentiation.

百分之百正常运行时间，对，都是这样。

100% uptime, like all Yeah.

其实全都是一回事。

It's all it's all the same shit.

对吧？

Right?

所以，把质押委托给我们，你能得到更多。

And so you can get more by delegating to us.

我们就是这么起步的。

And so that's kind of how we got started.

现在大家都在谈人工智能，但真正有用的人工智能是那种能帮你节省时间、做出更明智决策、减轻工作负担的。

Everybody is talking about AI right now, but the AI that actually matters is the kind that saves you time, helps you make smarter decisions, and takes work off your plate.

如果你在经营电商生意，物流就是那种要么让你顺利推进、要么让你彻底卡住的事情之一。

And if you're running an e commerce business, shipping is one of those things that can either keep you moving or completely slow you down.

所以我喜欢ShipStation。

That's why I like ShipStation.

它是一个为电商企业打造的一站式订单履行平台，其人工智能基于全球数十亿次货运的几十年真实数据训练而成。

It's an end to end order fulfillment platform built for e commerce businesses, and its AI is trained on decades of real shipping data from billions of shipments across the world.

所以，不用再手忙脚乱地切换各种工具，ShipStation能帮你掌控全局。

So instead of juggling a bunch of different tools, ShipStation helps you stay in control.

它能在库存不足时提醒你，推荐最优的承运商和费率，自动处理任务，帮你随着业务增长节省时间。

It can alert you when your stock is low, recommend the best carrier selections and rates, automate tasks, help you save time as you grow.

你还能获得跨销售渠道的库存同步、自动比价、品牌退货门户，以及会计和CRM软件的集成，全部集中在一个地方。

You also get inventory syncing across sales channels, automatic rate shopping, a branded returns portal, and integrations with accounting and CRM software all in one place.

如果我在经营一家电商店铺，这正是我想要的工具，因为一旦订单开始涌入，你绝不想让物流成为拖后腿的环节。

If I were running an e commerce store, this is exactly the kind of tool I'd want because once the orders start coming in, you don't want shipping to be the thing that's holding you back.

超过100万家企业已经信赖ShipStation来优化和扩展他们的物流。

Over 1,000,000 businesses have trusted ShipStation to optimize and scale their shipping.

你越早切换，就能越早开始节省时间和金钱。

The sooner you switch, the sooner you start saving time and money.

今天就开始使用ShipStation吧，访问shipstation.com并使用优惠码crypto，即可免费使用六十天。

Get started with ShipStation today and get sixty days free at shipstation.com with code crypto.

网址是shipstation.com，优惠码crypto。

That's shipstation.com, code crypto.

Shipstation.com，优惠码crypto。

Shipstation.com, code crypto.

税费和手续费另计。

Taxes and fees apply.

不知道你怎么样，但我经常到了饭点才想起来该做饭了。

I don't know about you, but dinner sneaks up on me all the time.

打开冰箱发现没有现成的蛋白质，这时候我可不想再去超市，临时跑一趟，赌一把店里还剩什么肉或者汉堡。

I'll open the fridge and realize I have no protein ready, and at that point, I'm not trying to go to the store, make a last minute grocery run, and gamble on whatever meats or burgers are left at the store.

所以Omaha Steaks是个很好的冰箱储备选择。

That's why Omaha Steaks is a great freezer move.

就像家里有个信得过的肉铺，随时都能拿到高品质的蛋白质。

It's like having a trusted butcher at home and quality protein when you need it the most.

奥马哈牛排凭借一百多年的历史赢得了声誉。

Omaha Steaks has earned its reputation with over a hundred years.

这种牛肉和全国厨房里信赖的牛肉一样，直接送到你家门口。

It's the same beef trusted in kitchens across the country, shipped straight to your door.

牛排馆的品质，却没有牛排馆的价格。

Steakhouse quality without the steakhouse prices.

你的家人会以为晚餐花了好几个小时，但其实并没有。

Your family will think dinner took hours, but it didn't.

只需要几分钟。

Just minutes.

如果你还没试过，那款汉堡完美组合就是最好的入门选择。

And if you never tried them, the burger perfection flight is the perfect place to start.

你会得到20个优质牛排汉堡，由五种不同的牛排部位制成。

You get 20 premium steak burgers made from five different cuts of steak.

四个菲力牛排汉堡、四个纽约客牛排汉堡、四个肋眼牛排汉堡、四个牛胸肉汉堡和四个西冷牛排汉堡。

Four filet mignon burgers, four New York strip burgers, four rib eye burgers, four brisket burgers, and four sirloin burgers.

各位，这简直就是汉堡界的山寨币组合。

Guys, this is the altcoin basket of burgers right here.

要是布莱恩和我在节目里，我们肯定一人一半分着吃，因为我们夏天就爱烧烤。

If me and Brian were on the rundown, we would be divvying these up fifty fifty because you know how we like to grill in the summer.

所以你拿到的不是一盒普通汉堡，而是不同风味、不同口感，还有真正的牛排馆风格选择，可以烤着吃，也可以平时快速搞定。

So you're not just getting a box of burgers, you're getting different flavor profiles, different textures, and real steakhouse style variety you can throw on the grill or cook up fast during the week.

今天就去 omahasteaks.com 试试这个汉堡完美组合吧。

Try the burger perfection flight at omahasteaks.com today.

20个顶级牛排汉堡只要79.99美元，再用优惠码 beef 还能再减35美元。

That's 20 premium steak burgers for just $79.99, plus get $35 off with the promo code beef.

网址是 omahasteaks.com。

That's omahasteaks.com.

结账时输入优惠码 beef 就能省35美元。

Promo code beef for $35 off at checkout.

条款适用。

Terms apply.

详情请见网站。

See site for details.

别人听到噪音时，T.

When others hear noise, T.

Rowe Price 解读市场信号，寻找投资机会。

Rowe Price interprets market signals to find investment opportunities.

这就是 T. 主动型 ETF 的力量。

That's the power of active ETFs from T.

Rowe Price。

Rowe Price.

他们的投资组合经理从多个角度分析数据，研究趋势并进行深度调研，为你带来基于好奇心的主动管理专长。

Their portfolio managers approach data from multiple perspectives, analyzing trends and conducting deep research to give you their curiosity backed active management expertise.

了解更多主动型 ETF，请访问 trowprice.com/explore ETFs。

Learn more about their active ETFs at trowprice.com slash explore ETFs.

交易所交易基金（ETF）以市场价格而非净值买卖。

Exchange traded funds, ETFs, are bought and sold at market prices, not NAV.

投资者通常要承担买卖股票之间的价差成本。

Investors generally incur the cost of the spread between the prices at which shares are bought and sold.

买卖股票可能会产生经纪佣金，这会降低收益。

Buying and selling shares may result in brokerage commissions, which will reduce returns.

T.

T.

Rowe Price投资服务公司。

Rowe Price Investment Services Inc.

我们还刚刚宣布收购了一家名为stakingrewards.com的公司，这是该领域顶级的质押和收益数据平台。

We also just announced that we acquired a business called stakingrewards.com, which is the top staking and yield data platform in the space.

以前，我为我们的社区做过stakingrewards.com的教程。

Back in the day, mean, I've made walkthroughs of stakingrewards.com for our community.

是的。

Yeah.

你知道，比如如何使用这个平台，如何找到相关信息，所以看到这个循环挺有意思的，因为我得做一个新网站，或者一个新视频来介绍它。

You know, like, how to use this platform, how to find the and so it's it's cool to watch this full circle because I'm gonna have to make a new website, or a new video about the

新网站之类的。

new website and stuff.

其实还是同一个网站。

Well, it's the same website.

只是加了个‘购买’按钮。

It just says buy the tie.

看起来比我们收购这家公司之前好多了，原因有几个。

Looks But better than we just acquired that business for a few reasons.

首先，它能让我们的客户获取更多数据和信息，我们可以把这些整合到终端里。

The first is, it allows our customers to get access to more data, more information, which we can bring into the terminal.

同时，我们也能把终端里的更多数据提供给StakingRewards，以及你们所有用户。

But we can also bring to StakingRewards, and for, you know, all your users, more data from the terminal.

这样一来，我们就能带来更多洞察和分析，让这个平台变得更强大。

So we'll be able to bring more insights, more analytics, and make that power that platform even more powerful.

但最让我兴奋的是——我觉得StakingRewards团队之前可能低估了这一点，他们现在还在和我们合作，当然他们也意识到了——那就是每年有上百万人访问这个网站。

But what's really exciting to me, and I think was under underappreciated by the StakingRewards team, and they continue to work with us, and, you know, and and they they do appreciate it, but is there's a million people that visit the website every single year.

他们为什么来访问呢？

Why do they visit?

因为他们关心收益。

Because they care about yield.

对我来说，这可以转化成很多机会。

And to me, you could turn that into a lot.

对吧？

Right?

所以我们和很多协议合作，可以帮助它们获得更多曝光，展示收益机会。

And so we do a lot of work with protocols, we could help get them more exposure and present yield opportunities.

对我们来说，这不仅仅是质押了。

And for us, it's moving more than just staking.

它涉及DeFi收益、RWA收益，让它成为一个更专注于收益的平台。

It's at the DeFi yield and RWA yield and and and and making it more of a yield focused platform.

我们还刚刚收购了一个叫Liquidity Land的平台，这个平台帮助DeFi项目提升总锁仓量。

And We also just acquired a platform called Liquidity Land, which is a platform that helps DeFi projects raise TVL.

他们已经帮助项目方总共筹集了超过一亿美元的锁仓量。

They've helped projects raise collectively over 100,000,000 in TVL.

很酷的一点是，用户只要来到这个平台，就能获得比别处更高的收益。

What's really cool, a user, you can come on the platform, and you'll get additional yield versus going anywhere else.

哦，真不错。

Oh, wow.

所以还有额外的激励措施。

So there's additional incentives.

你到我们平台来存入资金。

So you go and you deposit on our platform.

比如直接去借贷协议可能只有5%的收益，但通过我们，你能拿到5.1%。

Maybe you'll get 5% yield going directly to a lending protocol, but through us, you get 5.1%.

这其实就是DeFi协议愿意提供的激励，用来推动他们网络上的增长。

And it's basically incentives that the DeFi protocols are willing to give to bootstrap growth on their network.

这样一来，跟我们合作的DeFi协议就能获得机构投资者的关注。

And so for the DeFi protocols that we're working with, we now are able to give them exposure to institutions.