03:25 What makes MERJ unique
07:35 Different reasons for offshoring business
11:25 The Blockstream Mining Note and US markets
12:43 Security tokens & digital securities
24:16 Evolution of capital markets
34:35 How STOs can improve markets
43:19 Building on the Liquid Network
48:37 Risks and regulations after FTX crash
52:31 Future outlook for asset issuers
54:58 The STO industry in 10 years