3min chapter

Tearsheet Podcast: Exploring Financial Services Together cover image

'You can programmatically use blockchain to reduce counterparty risk': Fireblocks' Michael Shaulov

Tearsheet Podcast: Exploring Financial Services Together

CHAPTER

The Future of Cryptocurrency Risk Mitigation

The company is currently servicing 1,500 clients in the Fintech space. It has been arguing for two and a half years that it should be able to obtain counterparty risk mitigation against some of their centralized players. For example, on-chain escrow capabilities could have saved lenders from having to pre-fund FTX as an example.

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