Kyle Samani, co-founder of Forward, breaks down his latest deal on the main stage at Solana, a minority stake in Henri, a reinsurance RWA yielding 12-13%, funded by a Galaxy debt facility at 3.5%. He makes the case for why Solana has quietly become the dominant chain for institutional payments, tokenized equities, and real world assets. From Western Union and Visa to Meta and PayPal, the biggest names in finance are all building on the same rails. Plus, why he thinks most altcoins are bleeding out, Ethereum L2s are in trouble, and why this bear market might be the best investing opportunity in crypto right now.
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Timecodes:
00:00 - Kyle Samani at Consensus Miami 2026
02:08 - Bear Markets Are Where Winners Are Born
03:30 - Why Solana Is Winning Payments and RWAs
06:00 - DTCC's Tokenized Equities Pilot and SEC's Project Crypto
08:48 - Building a Market Maker With Claude Code
10:00 - Agentic Payments and the x402 Protocol
13:46 - Why Institutions Pick Public Chains Over Walled Gardens
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