Jumping Into Crypto

Jump Crypto burst onto the scene less than a year ago, with the appointment of a former intern named Kanav Kariya as its founding president. Within just a few months, Jump Crypto has found itself spending hundreds of millions bailing market participants out because of a major DeFi hack, and having to navigate the collapse of the TerraUSD stablecoin. Undeterred by critics, Kanav Kariya believes that the market’s current volatility is the perfect time to double down. In this episode you’ll hear from Bloomberg reporters Katherine Doherty and Yueqi Yang, who went to Chicago to visit Jump’s headquarters and hear about what’s next for the firm. See omnystudio.com/listener for privacy information.