78 - Institutional DeFi Infrastructure | Fireblocks' Michael Shaulov

Fireblocks is building infrastructure to help businesses adopt digital assets with a suite of products, providing institutions access to DeFi with security and convenience. Last month, Fireblocks raised over $300 million at a $2.2B valuation. CEO Michael Shaulov comes on the Bankless Podcast to explore why institutions are choosing to outsource their crypto-native workflows to an infrastructure company like Fireblocks, whose expertise and products aim to provide secure & effective storage, transactions, and issuance. Get the Debrief for this episode! https://shows.banklesshq.com/p/exclusive-debrief-institutional-defi ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha 🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger 🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants ------ Topics Covered: 0:00 Intro 6:00 Michael Shaulov of Fireblocks 8:05 Valuation and Raise 13:18 Institutional FOMO 17:39 What is Fireblocks? 22:27 Outsourcing Workflows 27:41 Institutions are Coming 31:31 Clients & Products 41:52 AWS For Crypto Banking 48:22 Security & Management 54:10 Bullish on DeFi 1:00:16 CeFi & DeFi Activity 1:08:20 Using Aave & Compound 1:12:50 Bridging into DeFi 1:15:58 Institutional DeFi 1:22:00 Regulation 1:30:26 Too Successful 1:35:31 The DeFi Mullet 1:39:17 Closing & Disclaimers ------ Resources: Fireblocks https://www.fireblocks.com/ Fireblocks on Twitter https://twitter.com/FireblocksHQ?s=20 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures