NEW @_TalkingTokens is with @syrupsid, cofounder & CEO of @maplefinance live from Hong Kong Consensus In the past 12 months, Maple's AUM grew 900% to over $4 billion with its annual recurring revenue at ~$30M. The team has no plans of slowing down with goals of 5x its AUM and hitting $100M ARR this year. We discuss how he sees onchain asset management scaling to hundreds of billions of dollars through untapped products, bitcoin dominance as collateral and more. Timestamps: 01:25 – Why Sid launched Maple in 2019 and his banking background 02:44 – How Maple evolved from tokenized bonds to direct institutional lending 03:53 – Pivoting to institutional market makers during DeFi summer 05:28 – Launch of syrupUSDC and syrupUSDT as DeFi products for retail 06:41 – Traditional asset managers and banks engaging with crypto, despite long sales cycles 08:00 – How Maple manages risk and maintains 99%+ repayment rate through overcollateralization 10:08 – Why bitcoin dominates as collateral due to ETF adoption and deep derivatives markets 14:37 – Institutional demand driving Maple's growth from $500M to $4B in AUM 18:44 – Active asset management approach and institutional-grade compliance frameworks 22:18 – Future of tokenized securitization and CLO structures on blockchains 25:01 – Native onchain issuance vs wrapped tokenization and his cinema analogy 26:40 – Competing with Blackstone, and Apollo by riding the stablecoin technology wave 28:00 – Final advice: persist and build during down markets when others are leaving WATCH on X or below: