
How Web3 Will Fundamentally Reshape Finance
Lyndsay Malchuk recently caught up with Spirit Blockchain's CEO, Lewis Bateman for more insights.
The following is a transcription of the above video, and The Market Online has edited it for clarity .
LYNDSAY: You have a deep background in bulls, capital markets and digital assets, and you bring such a unique perspective on where the future of investing is heading. So first off, welcome back, and I just know this is going to be a great conversation.
LEWIS: Thanks Lindsay. I am excited to talk about where we are today and where we plan to be in the future, and what is really, what is really transpiring between the traditional markets, call it tradeoff and, and defy the digital markets. And I'm looking forward to having that chat.
LYNDSAY: Absolutely. Let's peel back just the first layer for those who might be newer to the space, how does Web3 actually work? And another point, how does it work in relation to blockchain technology?
LEWIS: Well, what Web3 three really represents is the next evolution of the internet. It's a decentralized user-centric model built on blockchain tech technology. Blockchain provides the foundational infrastructure, it's immutable, it's transparent ledger where data value and digital ownership can be recorded without any reliance of traditional, centralized authorities.
In Web3 users regain control of their data, their assets, and their interactions and Spirit is part of that shift, leveraging blockchain not just for cryptocurrencies, but for real productive asset management where they maintain, or the users maintain, greater transparency, greater efficiencies, and greater ownership. And you're seeing that across multiple sectors. The use of blockchain, you're seeing that with lots of large multinational and large ownership businesses like BlackRock. And we see ourselves very much fundamentally part of that development.
LYNDSAY: Okay. So just from my understanding, which is probably quite little in the blockchain space, what we normally do is we track from beginning and then, we track more towards the end. So a blockchain there's places within the actual cycle where you actually can trace it all the way back throughout that process. Am I correct?
LEWIS: Correct. Every single chain, every single block is ledgered from the day of the existence and the day of the release. And you can track that movement of value or information on each and every single block and in each and every single exchange between two counterparties. And that's what's really unique. And it's open, it's transparent, it's available to anyone who has the understanding and the wherewithal to validate that infrastructure.
LYNDSAY: You're often called a pioneer and tokenized asset management. What do you think sets you apart in this space?
LEWIS: Well, I think there's a couple things. One, I think it's our management team who've got years of experience and understanding in the marketplace, who've spent time in large institutions that know the traditional markets, but have taken all that knowledge, extracted it, and saying, okay, these are the things that we want to carry forward, and here's the things that we know we need to make better.
At Spirit, we saw the early adoption or the early understanding of a kind of asset management from the transition of mutual funds to ETFs. And now this wonderful world or word that we're using, tokenization.
It's the ability to represent ownership of real-world assets or digital assets on chain or on a blockchain. And it would fundamentally reshape finance. And this is even what Larry Fink is talking about.
Our innovation lies in between that institutional grade, regulatory structure, regulatory compliance structure that makes tokenized assets really accessible, productive for investors. We've designed a platform where assets are not only just tokenized, not only for novelty like the NFT markets, but are actively managed for yield, liquidity, and long-term growth.
We're bridging the best of traditional asset management with new capabilities that Web3 offers. And we're giving clients the confidence, the transparency, and the performance they expect and with far greater flexibility and, and efficiencies.
LYNDSAY: When it comes to generating strong income strategies, can you actually walk us through what you're doing specifically and why go this road instead of just investing directly into cryptocurrency?
LEWIS: Well, I think cryptocurrency as a whole has a, a stigma. People think it's complex or that they have to memorize some very secret code or password. And then if they don't remember that they're lost forever. The reality is that we come across not only understanding that marketplace or that software, or that solution set, but we also know that we want to bring in less speculation and more strategic asset management.
And while cryptocurrency investment is highly volatile and dependent on market timing, Spirit uses a diversified approach. We're utilizing not only our capital from a proxy perspective to the underlying crypto assets, but we also believe in income generation and capital preservation. And so our strategies not only involve staking, yield farming, real world asset tokenization and liquidity provision, we optimize that through our own proprietary intellectual properties, algorithms and risk management protocols.
And we use that so that we have better performance. We use that to price protect and to limit the price swings. You know, we've seen obviously big highs and big lows just in the last few months, and we're focused on productive deployment of capital that earn a steady return. We also believe in this growth segment of this overall market. And we aim to bring stability and predictability under our regulatory guidance that we have on our prospectus, which ultimately I think lowers volatility.
LYNDSAY: Let's take a step back here then, and what do you see as the biggest roadblock right now for both institutional and retail investors when it comes to adopting Web3 and blockchain?
LEWIS: I think that's a very interesting conversation to have. There's lots of things that are happening in the marketplace overall, both globally and macro. But the real major roadblock that we think are the ones that clients are asking for is trust. And we think having this public domain access is really pivotal, and regulatory clarity, both regionally and globally.
Institutions in particular are asking for robust frameworks. Clear compliance, pathways and operational transparencies, and both retail and institutions are often faced with complexities. And although Web3 seems intimidating with the user friendliness of an interface, it requires clear information and clear methodologies. We think we give that to the marketplace.
We're building, an institutional grade solution while creating hopefully simpler, more accessible on-ramps for both retail and institutional investors while maturing with the overall market, the ecosystem. And we think we can lead in this in a very credible way. And I also feel impassioned from an educational perspective of taking our traditional knowledge and showing what the barriers are and continue to make sure those barriers are knocked down with our implementation of our services.
LYNDSAY: Why is now the right time to invest in Spirit? What do investors stand to gain by getting in today rather than waiting to see how things unfold?
LEWIS: First and foremost, I think we are at a critical time. You're seeing a lot of change globally. Web3 adoption is really at its tipping point. You're seeing more and more financial institutions using it as its own core infrastructure to build. Regulatory frameworks are emerging, you're seeing the change of even the SEC and a lot of regulatory bodies coming to an adoption, understanding and a requirement.
The greater the masses take control of their own assets, the more the use case becomes relevant. And Spirit is positioned at the forefront of this global shift. And early investors gain that exposure not only through a high hope, and we believe in exponential growth of this tokenized asset economy, but It also it benefits from first mover advantages.
We have our own proprietary technology, we have great strategic partnerships, we've seasoned leadership and by investing now, you get the upside in a very early nascent marketplace while shaping it and helping that future landscape.
Spirit Blockchain's website is spiritblockchain.com and you can find them on the CSE under the ticker symbol, SPIR.
Join the discussion: Find out what everybody's saying about this stock on the Spirit Blockchain Capital investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
19 hours ago
- Globe and Mail
Bitget Turns Crypto Trading Into a Smart Conversation with GetAgent
VICTORIA, Seychelles, July 01, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is excited to officially launch GetAgent, a new AI-powered trading assistant designed to ease users' interaction and understanding of the crypto market. By combining advanced AI with real-time market data and trading tools, GetAgent is engineered to transform complex decision-making into a simple chat. Built for today's fast-paced trading environment, GetAgent combines instant insights, real-time news, technical analysis, and trade execution into a single, seamless conversation. Following a successful pre-launch, the AI assistant is now officially live, offering users tailored technical signals, market sentiment, and data-driven analysis across the ever-changing crypto landscape. GetAgent dynamically tracks real-time price movements and adapts its responses based on user's trading history, preferences, and watchlists. For example, when indicators like RSI hit critical levels or a trend reversal is detected, the assistant flags the opportunity or risk immediately. By transforming complex data into actionable intelligence, GetAgent empowers users to make faster, smarter trading decisions without the need for extensive manual analysis, leveling the playing field for both experienced and novice traders alike. With 24/7 monitoring of crypto trends and price movements, GetAgent reduces time spent switching between different tools and sources, helping traders respond faster and act with more precision. With each prompt, the GetAgent adapts to ones trading patterns, assets and preferences, ensuring that the insights and alerts are personalized for each trader. The assistant is also set to evolve with more integrations, customizable settings, and support for future asset classes down the line. "AI is shaping a new era of trading—more efficient, more informed, and more user-led. GetAgent takes away the stress of interpreting data and churns out insights that will help both novice and experienced traders move faster, smarter, and with greater clarity. Think of it like ChatGPT but specifically made for crypto trading," said Gracy Chen, CEO at Bitget. The official launch now opens GetAgent to select users with invitation codes, inviting traders of every experience level to leverage AI for smarter, simpler, and faster crypto trading. GetAgent represents the latest addition to Bitget's expanding product stack that focuses on simplifying the user experience without compromising on performance. In January 2025, Bitget introduced Bitget Seed, an AI-powered platform designed to surface early-stage Web3 crypto projects with high growth potential. The product launch aligns with Bitget's strategy of blending emerging technology such as AI with accessible trading infrastructure—bridging the gap between on-chain innovation and everyday users. To secure access and learn more, visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.


Cision Canada
a day ago
- Cision Canada
Trulieve Announces Registration Statement Filing
TALLAHASSEE, Fla., June 30, 2025 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., announced that it filed a shelf registration statement on Form S-3 (the Registration Statement) with the United States Securities and Exchange Commission ("SEC") on June 30, 2025 to register a base shelf prospectus. The Company has no immediate plans to offer or sell any securities under this shelf registration. The Registration Statement is expected to become effective upon its acceptance by the SEC. Once effective, the shelf registration allows the Company to offer and sell securities, providing flexibility in its future financing opportunities. The specific terms of any securities to be offered pursuant to the base prospectus will be specified in a prospectus supplement. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities described in it may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. The Company has filed a registration statement (including a prospectus) with the SEC for the registration of securities to which this communication relates. You should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and any applicable offering. You may get these documents for free by visiting EDGAR on the SEC website at Alternatively, the Company and any participant in any applicable offering will arrange to send you the prospectus if you request it by calling toll-free 1-844-878-5438. About Trulieve Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Investor Contact Christine Hersey, Vice President of Investor Relations +1 (424) 202-0210 [email protected] Media Contact Phil Buck, APR, Corporate Communications Manager +1 (406) 370-6226 [email protected] SOURCE Trulieve Cannabis Corp.


Globe and Mail
2 days ago
- Globe and Mail
PodcastOne (Nasdaq: PODC) Bolsters Crypto Advisory Board Adding Lou Kerner
Kerner joins crypto veterans Steve Lehman and Steve McClurg in assembling an elite team to drive growth in AI, Web3, and the newly launched Crypto Podcast Network About Lou Kerner: Founder of CryptoMondays, a decentralized community with 100k members across 50+ chapters Former Partner of Blockchain Coinvestors, a leading crypto-focused fund-of-funds CEO of Blockchain Coinvestors Acquisition Corp. I, a publicly traded SPAC One of the earliest crypto bloggers and investors, recognized Bitcoin thought leader since 2013 Former Goldman Sachs Equity Analyst covering media and technology companies LOS ANGELES, June 30, 2025 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a top podcast network and publisher, today announced today Lou Kerner has joined the newly created PodcastOne Crypto Advisory Board joining Steve Lehman and Steve McClurg. 'We're thrilled to welcome Lou Kerner to PodcastOne,' said Kit Gray, President and Co-Founder of PodcastOne. 'Lou brings an unmatched depth of knowledge and vision in the crypto and Web3 space. His addition to our Crypto Advisory Board will position PodcastOne at the forefront of innovation in the podcasting space, unlocking new opportunities for creators and listeners alike.' About PodcastOne PodcastOne (NASDAQ: PODC) is a leading podcast platform that provides creators and advertisers with a comprehensive 360-degree solution in sales, marketing, public relations, production, and distribution. PodcastOne has surpassed 3.9 billion total downloads with a community of 200 top podcasters, including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger, LadyGang, A&E's Cold Case Files, and Varnamtown. PodcastOne has built a distribution network reaching over 1 billion monthly impressions across all channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio. PodcastOne is also the parent company of PodcastOne Pro which offers fully customizable production packages for brands, professionals, or hobbyists. For more information, visit and follow us on Facebook, Instagram, YouTube, and X at @podcastone. Forward-Looking Statements All statements other than statements of historical facts contained in this press release are 'forward-looking statements,' which may often, but not always, be identified by the use of such words as 'may,' 'might,' 'will,' 'will likely result,' 'would,' 'should,' 'estimate,' 'plan,' 'project,' 'forecast,' 'intend,' 'expect,' 'anticipate,' 'believe,' 'seek,' 'continue,' 'target' or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne's reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne's and PodcastOne's ability to consummate any proposed financing, acquisition, merger, distribution or other transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne's ability to continue as a going concern; PodcastOne's ability to attract, maintain and increase the number of its listeners; PodcastOne identifying, acquiring, securing and developing content; LiveOne's intent to repurchase shares of its and/or PodcastOne's common stock from time to time under LiveOne's announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne's ability to maintain compliance with certain financial and other covenants; PodcastOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; LiveOne's ability to repay its indebtedness when due; LiveOne's ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or PodcastOne's and/or LiveOne's ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of PodcastOne, LiveOne and/or LiveOne's other subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in PodcastOne's Annual Report on Form 10-K for the fiscal year ended March 31, 2024, filed with the U.S. Securities and Exchange Commission (the 'SEC') on July 1, 2024, PodcastOne's Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024, filed with the SEC on February 14, 2025, and in PodcastOne's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and PodcastOne disclaims any obligation to update these statements, except as may be required by law. PodcastOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.