Zac Prince (BlockFi) on Navigating Through the Storm (EP.329)
On The Brink with Castle Island - En podcast af Castle Island Ventures
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: Is the contagion among lenders over? Was Three Arrows excessive risk taking or fraudulent? BlockFi's relationship with Three Arrows Does BlockFi still have 3AC exposure? BlockFi's plan to maintain all of their products and keep them operational What differentiates BlockFi's risk management from Celsius Asset liability matching Duration management The duration of BlockFi's loans The structure of the interest account product and why withdrawal periods are up to 7 days Did regulation work to stem any of the risk in the crypto markets? Shift from a borrower's market to a lender's market The effect of capital destruction on interest rates in crypto Why crypto interest rates are going up BlockFi's deal with FTX How the crypto lending market will change Zac's message to BlockFi clients and to the industry Content mentioned in this episode BlockFi's risk management disclosures BlockFi fee schedule FT: Crypto hedge fund Three Arrows fails to meet lender margin calls
