In this episode of Defire, the crypto storytelling podcast, host Jonas welcomes Anton Golub, former high-frequency trader and co-founder of Lykke, one of the first crypto exchanges. Anton discusses his transition from traditional finance to the crypto industry, the challenges and milestones of creating Lykke, and his journey into market making to solve liquidity issues in crypto trading. Additionally, Anton shares his insights on the future of the crypto market, predicting a bull run until spring of the next year with Bitcoin potentially reaching between $120,000 to $150,000. He also emphasizes the importance of building a social media following in today's digital age and shares his perspective on the evolution of crypto exchanges and his bullish outlook on Ethereum and L2 solutions. The discussion also touches upon Antons's move to Dubai, the rise of decentralized social networks, and the impact of AI on content creation and personal branding.

01:14 Opening Remarks and Guest Introduction

01:19 A Trip Down Memory Lane: Zurich and Impact Hub

01:42 The Evolution of Zurich's Crypto Scene

02:57 From Hedge Funds to Crypto: A Personal Journey

04:14 The Early Days of Crypto in Switzerland

05:24 Navigating the Highs and Lows of Startup Life

11:03 The Intricacies of High Frequency Trading Explained

19:43 Transitioning from Crypto Exchange to Market Making

23:07 The Art and Science of Market Making in Crypto

28:10 Decoding Market Makers: Strategies and Challenges

28:58 The Role of Borrowing in Market Making

30:42 The Domino Effect: Market Makers and Crypto Crashes

31:52 Surviving the Market Turmoil: A Market Maker's Tale

34:07 The Evolution of Crypto Exchanges and the Rise of Decentralization

38:21 Dubai vs. Switzerland: A Crypto Entrepreneur's Perspective

45:21 The Power of Content Creation in the Crypto World

51:44 Predictions and Insights for the Future of Crypto Markets

56:31 Final Thoughts and Where to Follow