Blockchain, Crypto-Backed Loans and BlockFi -The Exchange with Zac Prince

In The Exchange with KB, host Kirill Bensonoff continues his series of interviews with today’s top innovators and business leaders to know. In this latest episode, KB is joined by Zac Prince Founder of BlockFi. Learn more about our guest: Zac Prince is the founder of BlockFi, which provides access to high-interest crypto accounts and low-cost credit products to clients worldwide. His experience also includes leadership roles at multiple successful tech companies. Prior to starting BlockFi, he led business development teams at Orchard Platform, a broker-dealer and RIA in the online lending sector, and Zibby, an online consumer lender. Zac also holds qualifications from Texas State University and holds a BA in International Business. Visit: https://blockfi.com/ and follow him on Twitter: @BlockFiZac Timestamps: 00:00 Introduction and welcome 00:36 Background 02:58 Starting BlockFi 05:13 The BlockFi business model 06:58 BlockFi cards 09:16 Crypto-backed loans 11:00 Bitcoin beyond the hype 14:00 The challenge in finding VC’s 16:00 Roadblocks to crypto adoption 18:14 What is crypto really? 20:22 BlockFi and stablecoins 22:00 Tokenizing other assets 24:00 Globalization of crypto 27:25 Savings on the blockchain 28:36 Regulation in flux 31:05 Sovereign cryptocurrencies 31:48 Regulatory clarity 34:27 What’s next for BlockFi? 35:00 Conclusion