Can AI be a better portfolio manager than you? Why Ulys CEO Hugo Renaudin is betting on Yes
What if investing was as simple as saying what you believe in? Hugo Renaudin, CEO of Ulys, joins The Defiant right after the app's public launch to explain how it turns a plain-language idea, like "DeFi will be huge in 10 years" or "AI needs more data centers," into a basket of crypto, tokenized stocks and ETFs that you own in your own wallet.
Ulys runs on crypto rails: a self-custodial, multi-chain wallet built on Privy, across Bitcoin, Ethereum, Base, Solana and Robinhood Chain, with no seed phrase and fiat on- and off-ramps. The AI proposes and you approve every trade. Hugo covers how Ulys handles hallucinations and scams, who's responsible when a trade goes wrong, why he thinks the next big financial app has to be onchain, and what's next: smarter AI, prediction markets, payments and expansion to 160 countries.
🔗 Learn more: https://ulys.ai
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Timestamps
1:33 — Intro: Hugo Renaudin and the Ulys launch
2:20 — What is Ulys? An AI assistant for investing
2:48 — Trade Ideas: turning a belief into a basket
3:56 — Under the hood: self-custody and tokenized stocks
4:51 — Privy and the supported chains
6:13 — How the AI routes a trade across chains
6:44 — "Phantom with an AI interface": the user signs every trade
8:26 — Ulys vs. asking ChatGPT or Claude
9:52 — Personalization and choosing your AI model
10:28 — Who pays for the tokens? Ulys's secret sauce
12:16 — Business model: a fee per transaction
12:32 — Hallucinations, scams and who's responsible
15:26…