Raags, founder of Kast, breaks down the massive crypto opportunity he bet his career on, why he scrapped Kast’s token for tokenized equity, and what really happens to your money if a crypto bank collapses.
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CONNECT WITH RAAGS
Twitter: https://x.com/raagulanpathy
LinkedIn: https://www.linkedin.com/in/raagulanpathy/
Twitter: https://x.com/kastxyz
Website: https://www.kast.xyz/
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DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.
0:00 Introduction
1:58 How Raagulan Prioritizes What’s Done At Kast
4:35 Kast Employees Deal With Major Chaos
5:38 Raagulan’s Theory About Hiring For Kast
7:02 Why Firing People Can Be More Difficult
8:35 An Error That Could Kill Kast
9:52 Convincing A Stable Coin Skeptic
12:06 Why Kast Has To Build Different Departments
18:32 Partnerships: @Variational @BitwiseInvest
19:24 Raagulan’s Thoughts On Fees
21:55 Kast’s Best Customer Type
23:53 Something Raagulan Shouldn’t Say Publicly
29:04 Raagulan’s Experience With GLP-Ones
34:05 Kast Is On Track For $100 Million In Revenue
36:55 Why Kast Hasn’t Blown Up Due To Misspending
41:04 Why Is Everyone Trying To Build Neo Banks
42:52 What’s Difficult About Building Neo Banks
49:14 Kast Isn’t A Card Business
50:43 How Kast Is Building Momentum
56:29 Partnerships: @KASTxyz @Trezor
57:33 Kevin’s Thoughts On Kast
58:59 What Does Kast Do With $80 Million
1:01:55 Would Raagulan Consider Selling Equity
1:08:39 Is Your Money Truly Yours When Inside Kast
1:10:49 What Happens To Your Money If Kast Fails
1:17:38 Pros & Cons Between Non & Self Custodial
1:22:42 Partnerships: @JupiterExchange @Ethena
1:23:26 Should The Kast Community Feel Cheated
1:34:13 What’s This Tokenized Stock Based On?
1:35:25 The Hill Raagulan Is Willing To Die On
1:37:59 Is The Worse Behind Us In Crypto
1:42:57 One Thing To Remember From This Conversation
1:45:16 Closing Thoughts
