In this episode of New Research, Benjamin White and Pawel Czech are joined by Peter Knez, a veteran of global finance who has operated at the very core of institutional capital.
Formerly Global Co-Chief Investment Officer at BlackRock, Peter helped scale financial products to trillions in assets under management. Today, as Co-Founder and Chairman of TEAL, he is applying that hard-earned systems knowledge to AI, blockchain infrastructure, and tokenized real-world assets.
This conversation goes beyond surface-level fintech narratives to examine what is actually changing inside financial services. The discussion explores where disruption truly begins, whether in products, infrastructure, or decision-making itself. Peter and Pawel unpack why AI represents a fundamentally different shift from prior automation waves, how probabilistic systems alter capital allocation and judgment, and what tokenization genuinely unlocks in terms of liquidity, programmability, and global participation.
The episode also confronts the hard truths Web3 and AI builders often underestimate: trust, governance, regulation, and operational resilience. As financial systems become more autonomous and onchain, the conversation turns to where trust is sourced, how power may shift geographically, and what builders, operators, and investors should focus on now to remain relevant in the next decade of finance.
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