Podcast: Crypto’s Next Chapter | Jeff Dorman

Jeff Dorman discusses valuation fundamentals, equity tokenization and the future of crypto.

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On today’s episode of “Empire,” Jason and Santiago are joined by Jeff Dorman, chief investment officer at Arca. Jeff is a prominent crypto investor known for his fundamental analysis, contrarian bets and ability to simplify crypto’s arcane topics.

In this episode, Jeff Dorman explains crypto’s response to macro, why fundamentals matter, equity tokenization and crypto’s most exciting developments. Don’t miss Jeff’s insights on where crypto is headed next!

Plus, hear more on:

  • BTC vs. NASDAQ
  • Crypto’s watershed moment
  • CeFi merging with Defi
  • How to value layer-1 blockchains
  • And so much more!

Check out what they had to say in the video below.👇

About the show

“Empire” is a twice-a-week show where we share the real crypto stories that aren’t heard elsewhere. On Mondays, Jason and Santiago Santos interview crypto industry movers and shakers to talk about their struggles, bold moves and tough decisions. Finish off the week with Friday’s weekly roundup episode that covers the top news and narratives of the week.

For any NPR or Guy Raz fans out there, you can think of “Empire” as a “How I Built This” for the bitcoin and crypto industry.

Subscribe to “Empire” today on Apple or Spotify. Watch episodes on YouTube.


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BTC registered its most oversold readings on record against both the Nasdaq and gold, while spot trades 18% above its $53K realized price. Comparable extremes have marked the terminal phase of a bear market. Should the historical structure hold, BTC is likely at or near a high timeframe low, with that low likely to be set by year end, prior to a multi-year uptrend resuming.

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