Zac Prince (BlockFi) on Navigating Through the Storm (EP.329)

Published: June 24, 2022, 2:05 p.m.

Matt Walsh sits down with BlockFi CEO Zac Prince to cover turmoil in the crypto lending markets and how BlockFi is handling the crisis. In this episode:\xa0\xa0

  • Is the contagion among lenders over?\xa0
  • Was Three Arrows excessive risk taking or fraudulent?\xa0
  • BlockFi's relationship with Three Arrows
  • Does BlockFi still have 3AC exposure?\xa0\xa0
  • BlockFi's plan to maintain all of their products and keep them operational
  • What differentiates BlockFi's risk management from Celsius\xa0
    • Asset liability matching
    • Duration management\xa0
  • The duration of BlockFi's loans\xa0
  • The structure of the interest account product and why withdrawal periods are up to 7 days\xa0
  • Did regulation work to stem any of the risk in the crypto markets?\xa0
  • Shift from a borrower's market to a lender's market\xa0
  • The effect of capital destruction on interest rates in crypto\xa0
  • Why crypto interest rates are going up
  • BlockFi's deal with FTX\xa0
  • How the crypto lending market will change\xa0
  • Zac's message to BlockFi clients and to the industry

Content mentioned in this episode

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