genesis, i think were, we're much more institutional in nature. We're really just doing direct lending to institutional counterparties. And so thats kind of the stanps we've taken. But totally, can i get that? Yo, this is a completely great area. It's going to be an evolving tory. A, but also understand, you know, bryan's push back and antryan ouno push for clarity and consistency which makes a lot of sense.
Coinbase CEO Brain Armstrong took to Twitter to call out the SEC for what Coinbase considers unclear guidance & hostility around their Lend product, Jason breaks down the situation (1:43). Then, to better understand how DeFi lending works Jason interviews Matt Ballensweig the Head of Institutional Lending at Genesis, a crypto prime brokerage (9:51). We close with three "Ask Jason" questions (50:23).