4min chapter

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How Safe Is My Crypto Yield? with Zac Prince (CEO, BlockFi) and Matt Ballensweig (Genesis)

Modern Finance

CHAPTER

Cryptocurrency - What Are You All Doing With That Crypto Currency?

Vor kon: The way the model works is that deposits, like you said, we'll get aggregated and batched and swept over to genesis from gemini. We're facing about two hundred and fifty or so unique kind of institutional borrowers on the other side. So these are some of your leading hedge funds, quanq trading firms and market neutral firms. Vor kon: Even if there were to be a default those processes would basicly beat our own lossselve against our own lost reserve.

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