Bitcoin Treasuries Are Naked: The TradFi Hedge That Changes Everything with Patrick Wood from DelphX

Episode notes

What if the biggest risk to Bitcoin treasuries isn’t a bear market… it’s the fact that almost none of them are actually hedged like real treasuries? In episode 82, Patrick Wood, President & CEO of DelphX Capital Markets (CSE: DELX | OTCQB: DPXCF), reveals the structured-finance product his team spent years perfecting. The new product is a fully collateralized, transparent, yield-generating downside hedge built specifically for Bitcoin corporate treasuries. No counterparty risk, no opaque OTC deals, no retail-style iBit puts. Just institutional-grade protection that still captures unlimited upside. Patrick shares his 30-year Wall Street journey, how he cleaned up a failing public shell, why Canada was once the go-to listing venue for U.S. growth companies, and why he believes most of today’s 200+ digital-asset treasuries are behaving more like leveraged speculators than fiduciaries. If you’re wondering why MNAV is collapsing, why leverage is quietly piling up again, and how one company plans to bring real risk management to crypto treasuries, then this episode is for you.

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