Uploaded September 2026 | Updated September 2026, 3 days ago
What happens when memecoin speculation collides with onchain equities?
This week, Jason and Santi unpack why Robinhood’s tokenized stocks may be crypto’s hottest new battleground.
They explore the $BONER–$HIMS squeeze, murky shareholder rights, FOMO’s bull-market signal, and whether Robinhood, Solana, and stablecoin giants become this cycle’s biggest winners. Enjoy!
TIMESTAMPS:
00:00 Intro
01:57 Crypto’s Animal Spirits Return
06:20 Can Memecoins Unlock Tokenized Stocks?
12:42 Ads (TOKEN2049, Avalanche)
14:22 How $BONER Squeezed Tokenized $HIMS
19:21 Robinhood Faces Meme-Equity Backlash
22:21 Are Onchain Equities Crypto’s Future?
28:34 Do Most Fomo Traders Lose Money?
32:01 You Must Enter The Trenches
33:53 How Santi Is Playing This Cycle
36:56 Is Solana Still Years Ahead?
39:29 Will Stablecoins Become An Oligopoly?
42:41 Content Of The Week
FOLLOW THE SHOW
› Empire – https://x.com/theempirepod
› Jason – https://x.com/jasonyanowitz
› Santi – https://x.com/santiagoroel
› Rob – https://x.com/HadickM
› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh
› Blockworks – https://x.com/Blockworks
EVENTS
› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th
blockworks.com/events
› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in. crypto.
Getyour TOKEN2049 tickets here: checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST
› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration
DISCLAIMER
Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
What happens when memecoin speculation collides with onchain equities?
This week, Jason and Santi unpack why Robinhood’s tokenized stocks may be crypto’s hottest new battleground.
They explore the $BONER–$HIMS squeeze, murky shareholder rights, FOMO’s bull-market signal, and whether Robinhood, Solana, and stablecoin giants become this cycle’s biggest winners. Enjoy!
TIMESTAMPS:
00:00 Intro
01:57 Crypto’s Animal Spirits Return
06:20 Can Memecoins Unlock Tokenized Stocks?
12:42 Ads (TOKEN2049, Avalanche)
14:22 How $BONER Squeezed Tokenized $HIMS
19:21 Robinhood Faces Meme-Equity Backlash
22:21 Are Onchain Equities Crypto’s Future?
28:34 Do Most Fomo Traders Lose Money?
32:01 You Must Enter The Trenches
33:53 How Santi Is Playing This Cycle
36:56 Is Solana Still Years Ahead?
39:29 Will Stablecoins Become An Oligopoly?
42:41 Content Of The Week
FOLLOW THE SHOW
› Empire – https://x.com/theempirepod
› Jason – https://x.com/jasonyanowitz
› Santi – https://x.com/santiagoroel
› Rob – https://x.com/HadickM
› Telegram – https://t.me/+CaCYvTOB4Eg1OWJh
› Blockworks – https://x.com/Blockworks
EVENTS
› Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th
blockworks.com/events
› TOKEN2049 Singapore is back October 7–8, bringing together 25,000 attendees, 300 speakers, and 500 exhibitors for one of the biggest weeks in. crypto.
Getyour TOKEN2049 tickets here: checkout.token2049.com/events/asia?promo=DASPODCAST10&utm_source=Empire&utm_medium=podcast&utm_campaign=daspodcast&utm_id=DASPODCAST
› Avalanche Summit NYC lands Sept. 16–17. Save 15% with code BLOCKWORKS15: avalanchesummit.com/registration
DISCLAIMER
Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.


![Token Transparency and The Hot Ball of Money (Hyperliquid/Circle) | Weekly Roundup
On this week’s Roundup, Yano and Santi explore Blockworks’ recently released Token Transparency framework, discuss the passing of the GENIUS act through the senate, and continue to marvel and engage with the fire plays right now - Hyperliquid and CRCL.
Start your day with crypto news, analysis and data from Katherine Ross.
Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts
Follow Santi: https://x.com/santiagoroel
Follow Jason: https://x.com/JasonYanowitz
Follow Empire: https://twitter.com/theempirepod
Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh
GEODNET is the world’s largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries.
Discover how GEODNET is changing the world: [https://geodnet.com]
Get up to speed on the biggest stories in crypto each week. In five minutes.
Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire
Ledger, the global leader in digital asset security, proudly sponsors Expansion! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now, and build confidently, knowing your BTC, ETH, SOL, and more are safe.
Buy now on https://shop.ledger.com/?r=1da180a5de00.
Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC’s utility to DeFi.
Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo
Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz
Chapters:
00:00 Intro
01:24 Token Transparency Launch
22:30 Ads (Geodnet, Bitwise)
24:06 Permissionless
27:26 Stablecoin Summer
30:27 Market Update
39:45 Ads (Geodnet, Bitwise)
41:22 Hyperliquid
54:10 Ads (Ledger, Citrea)
55:41 Tron + USD1
01:01:21 Cycle Top?
01:12:20 Eigen Cloud
—
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed. Token Transparency and The Hot Ball of Money (Hyperliquid/Circle) | Weekly Roundup](https://i.ytimg.com/vi/hMrlrbAACeM/mqdefault.jpg)







