Alex Thorn talks with Anthony Pompliano — entrepreneur, investor, and founder of ProCap Financial and Silvia — about Bitcoin’s evolution since the FTX collapse and the transition from “crypto” to mainstream finance. They discuss the convergence of traditional and digital markets through tokenization, the rise of AI-driven financial tools, and how Bitcoin fits into a tokenized future. Plus, Beimnet Abebe (Galaxy Trading) joins to analyze Bitcoin’s struggle to hold 100K, key technical supports, and why near-term risk may still lean to the downside. This episode was recorded on Wednesday, November 12, 2025. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/