Are DAOs dead or just growing up?

In this episode of Crypto Cast, Kathryn sits down with Adam Miller, CEO and Co-founder of MIDAO, the organisation behind the Marshall Islands DAO LLC framework. With over 250 DAOs registered under their model, Adam is building the legal infrastructure that on-chain organisations need to survive and scale.

Together, they explore what DAOs look like in 2025 and where they're heading next.

They cover:

→ Why early DAO models failed, and what's changed

→ Legal structure, liability protection, and why they matter more than ever

→ Hybrid operating models and institutional adoption

→ Stablecoins and the evolution of on-chain financial infrastructure

→ AI agents, legal personhood, and the next frontier of Web3

CRYPTO CAST

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In this episode of Crypto Cast, host James Burnie is joined by Tobias Van Amstel, Founder and CEO of Altitude, a DeFi protocol platform that unifies established DeFi lending rails to make borrowing more efficient. Tobias founded Altitude to create a platform that focuses on simplicity, automation, and solving real user problems whilst removing unnecessary complexity. Tobias’ own use of DeFi, experience in building successful web 2 technology companies, and his user-first approach has helped to shape Altitude into creating a DeFi platform like no other.

James and Tobias discuss the difference between CeFi and DeFi, the latest from the FCA and the role of AI – how much control can we really give an AI agent? The conversation also looks at how DeFi’s transparency and smart contract infrastructure are reshaping how lending works, and what the next phase of growth in the sector could look like.

In this episode of Crypto Cast, host Kathryn Dodds is joined by Karl-Martin Ahrend, Founding Partner of Areta, a leading Web3-focused investment bank, to explore the rapidly accelerating world of crypto M&A.

Kathryn and Karl uncover the current state of crypto M&A, revealing the trading infrastructure and sectors that are driving the deals reshaping the crypto landscape. Kathryn and Karl-Martin dig into the negotiation dynamics between buyers and sellers, explaining why crypto founders often find themselves at a disadvantage and how the right advisory can level the playing field. Karl-Martin also discusses the emerging trend of token-based M&A, predicting that protocol treasuries will become increasingly active buyers and potentially trigger a new wave of consolidation.

Crypto Cast is the leading podcast for crypto founders and leaders. Join hosts Pavan ‘PK’ Kaur, James Burnie, Kathryn Dodds and Bart Kacicki, a team of specialist crypto advisors and lawyers at international firm gunnercooke. The team chat to some of the biggest industry names about everything you need to know on the business of web3, NFTs, DAOs, AI and blockchain. From regulatory updates to building the tech, and from marketing and tokenomics to gearing up for a successful exit, you’ll hear all the hot takes on the future of crypto. gunnercooke has one of the largest full-service crypto teams in Europe and the US, specialising in blockchain, Web3, crypto assets, DAOs, AI and DeFi, who have helped shape the legal and regulatory frameworks central to today’s crypto landscape.

CRYPTO CAST

⬜ Click here to receive every podcast straight to your inbox

⬜ Follow Kathryn Dodds here

⬜ Follow Karl-Martin Ahrend here