From NYSE to Crypto: The Next Financial Revolution | Raoul Pal The Journey Man with Tom Farley

From NYSE to Crypto: The Next Financial Revolution | Raoul Pal The Journey Man with Tom Farley

April 9, 2026 · 1h 8m

About this episode

Raoul Pal discusses the future of crypto with Tom Farley, focusing on institutional adoption and the impact of regulation and market structure.

Raoul welcomes back Tom Farley, CEO of Bullish, to break down how his journey from running the NYSE to leading Bullish shaped his conviction that crypto’s next phase is institutional, driven by regulation, liquidity, and market structure. Tom argues that tokenization and blockchain-based finance will transform global markets by improving efficiency, access, and capital formation, despite regulatory hurdles and slow adoption. Recorded April 6, 2026. Today's Episode is brought to you by Figure Markets. (https://figuremarkets.co/realvision ) Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan , allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8% interest rates, and no prepayment penalties. Or check out Democratized Prime and earn ~9% APY on RWAs. Unlock your crypto’s potential today at Figure and claim your $50! https://figuremarkets.co/realvision Disclosures Figure Lending LLC dba Figure. Equal Opportunity Lender. NMLS 1717824. Terms and conditions apply. This May 5–7, join Real Vision CEO Raoul Pal at Consensus Miami with 20,000+ decision-makers from the White House, Wall Street, and Web3. From crypto at scale to institutional…

Sponsors

Figure Markets

More episodes of Raoul Pal: The Journey Man

Explore listener stats, chart rankings, contacts and more on the Raoul Pal: The Journey Man podcast page.