Tokenizing ETFs: Inside ANDRA’s New Platform

Bloomberg’s Eric Balchunas and James Seyffart discuss their new book, Both Sides of the Coin, revisiting the journey behind the spot bitcoin ETF saga and sharing what they’ve learned along the way about bitcoin and crypto.

Rali Perduhova, CEO & Co-Founder of ANDRA (Adaptable Network Designed for Regulated Assets), explains how the recently launched platform enables issuers to bring ETF shares on-chain through tokenized representations of existing funds. Built on the Canton Network, ANDRA is designed to work alongside existing ETF infrastructure while enabling on-chain settlement, transfers, and distribution. Rali also explores the future of tokenization and the evolving regulatory landscape, including the SEC’s recent innovation exemption for tokenized securities.

John Hoffman, Head of Product Portfolios at Ondo Finance, discusses how the firm’s tokenization platform works, its recent collaboration with BlackRock to bring model portfolios onchain, the evolving regulatory landscape for tokenized assets, and where the technology is headed.

How is the world’s largest asset manager thinking about Bitcoin, Ethereum, and the future of crypto ETFs? Robbie Mitchnick, Global Head of Digital Assets at BlackRock, takes you inside the firm’s crypto ETF lineup, discussing everything from investor demand and in-kind creations to what might come next.

Despite a harsh crypto winter, building across the Solana ecosystem has continued. Duncan Moir, President of 21Shares, explains why he believes Solana may be undervalued, the catalysts that could propel the ecosystem forward, and what investors should be watching. He also discusses the 21Shares Solana ETF (TSOL) and several of the firm’s other crypto products.

Zach Pandl, Head of Research at Grayscale, discusses the pros and cons of the various ways investors can gain exposure to bitcoin following the recent Coldcard hack, including what the incident could mean for the spot bitcoin ETF category. He also explains the investment case for the Grayscale Hyperliquid Staking ETF (HYPG) and shares his broader outlook for crypto.

What’s next for the Clarity Act? Miller Whitehouse-Levine, Founder & CEO of Solana Policy Institute, offers a deep dive into the legislation, explaining why it matters, where it stands today, the key points of contention, and what comes next.

What role should crypto play in a diversified portfolio? Blue Macellari, Head of Digital Assets at T. Rowe Price, discusses the industry’s first actively managed multi-token spot ETF, the T. Rowe Price Active Crypto ETF (TKNZ), explains how crypto can fit into a diversified portfolio, and shares her insights on the current crypto market landscape.

The future of investing is evolving, and digital assets are at the center of the conversation. Dan Weiskopf, Senior Portfolio Manager at Tidal Financial Group, unpacks the Digital Asset Debt Strategy ETF (DADS) and the Amplify Blockchain Technology ETF (BLOK), shares his outlook for digital assets, and discusses the future of ETF tokenization.

Matt Cole, Chairman & CEO of Strive, goes in depth on bitcoin structured finance, including SATA, the firm’s publicly traded preferred equity security. He also discusses the drivers behind bitcoin’s recent pullback and the factors that could shift momentum moving forward.