Episode 12 of The Big Brain Podcast, hosted by The Block President Larry Cermak and MegaETH CSO Namik Muduroglu, was recorded with David Mercer, CEO of LMAX Group.
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In episode 12 of The Big Brain Podcast, Larry and Namik are joined by David Mercer, CEO of LMAX Group. The conversation explores stablecoins, collateral mobility, tokenized securities, institutional adoption, regulatory clarity and why Mercer believes tokenization could have an impact on capital markets similar to the rise of derivatives.
They also examine prediction markets, perpetuals and the growing role of banks in digital asset infrastructure.
00:00 - Introduction












