From Wall Street to Web3: How Plaza Finance is Bringing TradFi Sophistication to DeFi

In this episode of The Smart Economy Podcast, host Dylan Grabowski is joined by Ryan Galvankar, the founder of Plaza Finance, a platform built on Base that is specializing in programmable derivatives.

What you’ll learn:

How traditional finance expertise shaped Plaza's approach to building decentralized derivatives
Why Base was chosen as the L2 solution for Plaza's products
The mechanics behind bondETH's stable 10% annual yield through quarterly coupon payments
How levETH achieves "leverage without liquidation" through self-balancing protocols
Why institutional adoption of Ethereum continues despite market sentiment fluctuations
The relationship between bondETH and levETH in creating balanced risk profiles for different investors
How programmable derivatives can bridge TradFi and DeFi by offering familiar financial products

And much more!

Ryan Galvankar is the founder of Plaza Finance, a platform built on Base that is specializing in programmable derivatives. With a background in electrical engineering and finance from the University of Pennsylvania, Ryan brings vast traditional finance experience from roles at Bank of America, Merrill Lynch, Magnetar Capital, and Atalaya Capital Management, where he focused on structured credit and trading. As Plaza Finance's founder, Ryan is pioneering innovative DeFi solutions that bridge traditional finance with blockchain technology, aiming to minimize liquidation risk in its structured leveraged products bondETH and levETH.

Episode Highlights:

[00:00:00] Bridging DeFi's Risk Spectrum
[00:15:24] Understanding Programmable Derivatives
[00:36:09] Bond ETH: A Bridge to Conservative Investors
[00:46:04] LevETH: Sustainable Leverage Innovation

Previous guests include: Paul Neuner, Founder and CEO of Telcoin; Aryan Sheikhalian, Head of Research at CMT Digital; David Hoffman, co-Founder and host of Bankless; Fabian Gompf, Chief Executive Officer of the Web3 Foundation; Kurt Hemecker, CEO of the Mina Foundation; Sunny Lu, co-Founder and CEO of VeChain Foundation; Joe Doll, general counsel at Magic Eden; Philippe Schommers, the Head of Infrastructure at Gnosis; and many others.

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