🎙️ Guest: Enzzo Cusihuaman, Co-Founder & Chief Business Officer of R2 Protocol (@r2yield)
🕒 Duration: ~45 minutes

Episode Overview

The best yields in finance have always been reserved for institutions. Everyone else gets scraps.

In this episode of Token for Your Thoughts, host Lindsey McConaghy sits down with Enzzo Cusihuaman, Co-Founder and CBO of R2 Protocol, to unpack how tokenized treasuries and private credit are changing that reality. R2 is building an on-chain yield layer that gives everyday users access to institutional-grade returns historically locked behind capital requirements, compliance hurdles, and closed doors.

Enzzo shares his path from traditional businesses in Peru to early crypto adoption, Binance, and ultimately co-founding R2. The conversation dives deep into real-world assets, private credit, and why transparency, risk management, and global distribution matter if on-chain yield is going to scale beyond crypto natives.

They break down how R2 aggregates tokenized treasuries and private credit into composable DeFi vaults, how risk is curated and disclosed, and why developing markets in Latin America, Asia, and Africa are core to their strategy, not an afterthought.

They get into:

• Enzzo’s journey from Latin American family businesses to Binance and building R2
• Why institutional yield rarely reaches retail and how tokenization changes that
• Treasury bills vs. private credit: risk, return, and real tradeoffs
• How R2 curates institutional partners like BlackRock-linked issuers, Apollo, and Mercado Bitcoin
• Why private credit unlocks higher on-chain yield than treasuries alone
• Transparency, attestations, and how risk is managed on-chain
• Who R2 is built for: retail users, institutions, and fintechs in emerging markets
• The biggest bottlenecks holding RWA adoption back in Web3
• What it takes to bridge TradFi discipline with DeFi composability

If you care about real yield, tokenized credit, or what it actually takes to bring institutional finance on-chain without breaking DeFi’s ethos, this episode is for you.

Where to Listen

🔹 Apple Podcasts → https://podcasts.apple.com/us/podcast/enzzo-cusihuaman-of-r2-protocol-on-making/id1799063494?i=1000746401683
🔹 Spotify → https://open.spotify.com/episode/1yfsXZvqKvh3vTyaG4XXom?si=P0h6x5KFQbyfIOXbZosbGQ

Connect with R2 & Enzzo

🌐 Website: r2.money
🐦 X: @r2yield | @crypto_enzzo

Stay Connected With Us

Enjoyed the episode? Leave a review and subscribe to Token for Your Thoughts for more conversations with the people at the intersection of Web3, crypto, and finance.

🐦 Follow us on X: @TokenThoughts_ | @lindsey___I
🌐 tokenforyourthoughts.com

🎙️ Guest: Adam Kazas, CEO of Gero Wallet (@AdamFromGero)
🕒 Duration: ~41 minutes

Crypto wallets have improved a lot, but plenty still feel built for power users. In this episode, Lindsey McConaghy chats with Adam Kazas, CEO of @GeroWallet, about building a wallet (and dashboard) that’s actually usable day to day, without giving up self-custody.

Adam shares his path from tech support → product → “building crypto at night,” plus Gero’s origin story: his team found a bug in the original wallet, shipped a fix, built trust with the team, then acquired the IP and rebuilt the product from the ground up.

They also dig into a big real-world headache: paying for Web2 life with Web3 funds - why Gero is focused on closing that gap with ADA cashback and the Cardano-powered crypto card.

In this episode:

• From side project to full-time founder
• How Gero evolved from collaboration to acquisition + rebuild
• What “non-custodial” should feel like for normal users
• ADA cashback + the Gero card
• Cardano Shield security checks, privacy, and compliance
• What’s next: accounting tools, Bitcoin DeFi, Midnight support

Where to Listen

🔹 Apple Podcasts → https://podcasts.apple.com/us/podcast/turning-onchain-value-into-real-world-spending-adam/id1799063494?i=1000745356451
🔹 Spotify → https://open.spotify.com/episode/1TMGJs768pbtasHuX5pTlC?si=b1cea7fc1ad74862
🔹 YouTube → https://youtu.be/0VkHZiB8hUw

Connect with Gero: gerowallet.io | @GeroWallet | @AdamFromGero on X
Follow the show: @TokenThoughts_ | @lindsey___I | tokenforyourthoughts.com

🎙️ Guest: Rolf Versluis, Co-founder of Horizen (@horizenglobal)
🕒 Duration: ~42 minutes

Episode Overview

Public blockchains unlock composability, liquidity, and open infrastructure, but they also put every transaction on display. For builders and businesses, that transparency can be a dealbreaker: competitors can trace customers, vendors can infer pricing, and payroll becomes a public ledger.

In this episode, Lindsey McConaghy sits down with Rolf Versluis, co-founder of Horizen, to talk about why privacy can’t be an “either/or” choice, and how Horizen is building toward selective, auditable privacy as a privacy-first L3 on Base. Rolf shares his unusual path into crypto, from serving as a U.S. Navy submarine officer and nuclear engineer, to scaling a Cisco networking business, to early Bitcoin mining, before co-founding Horizen (originally ZenCash) to bring business-grade privacy to onchain payments.

They dig into why stablecoins in their current form still don’t meet the needs of many real-world businesses, the lessons Horizen learned navigating regulatory constraints, and the technical toolkit powering privacy today, from TEEs and ZK proofs to MPC and fully homomorphic encryption.

They get into:
• Rolf’s journey from Navy submarines to Cisco to Bitcoin mining and building in crypto
• What “business-level privacy” means, and why it matters for adoption
• Why Horizen migrated ZEN to Base and launched a privacy-first L3 appchain
• The compliance challenge: selective disclosure, auditability, and regulation-friendly design
• The privacy stack in plain English: TEEs, ZKPs, FHE, and MPC, and their tradeoffs
• Why many businesses still won’t use stablecoins (yet) without privacy
• Horizen’s grants program and what they look for in builders (aspirin, not vitamins)
• Founder lessons on surviving cycles, managing runway, and solving real problems outside Web3

If you’re building in payments, stablecoins, identity, or privacy infrastructure, and you’re thinking about what it takes to bring serious businesses onchain, this episode is for you.

Where to Listen

🔹 Apple Podcasts → https://podcasts.apple.com/us/podcast/making-privacy-practical-rolf-versluis-on-bringing/id1799063494?i=1000742523713
🔹 Spotify → https://open.spotify.com/episode/2T8LtH4uDfJXtlFZZtA7by?si=40c00fc77472473e
🔹 YouTube → https://youtu.be/PviLtKtDyQM

Connect with Horizen & Rolf

🌐 horizen.io
🐦 X: @horizenglobal

Stay Connected With Us

If you enjoyed this episode, follow + review to support the show!
🐦 X: @TokenThoughts_ | @lindsey___I
🌐 tokenforyourthoughts.com