New financial markets need merchant banks and Greengage intends to prove that crypto-currencies are no exception

Greengage, which has been active in the crypto-currency markets for the last three years, has set itself a new mission: to become the merchant bank that channels the fiat currency deposits of crypto-currency exchanges to small and medium sized enterprises (SMEs). To that end, it is currently considering whether to pursue a banking licence, which would allow the firm to provide a full set of banking services across three fiat currencies. But transforming the fiat currency deposits of crypto-currency exchanges into loans to SMEs is just the first of the ways in which Greengage plans to fulfil its wider ambition of building bridges between the crypto-currency markets and the traditional financial markets. Dominic Hobson, co-founder of Future of Finance, spoke to Greengage CEO Sean Kiernan.  Hosted on Acast. See acast.com/privacy for more information.