4min chapter

Tearsheet Podcast: Exploring Financial Services Together cover image

Where Credit's Due Ep. 5: Crypto lending with Genesis and BlockFi

Tearsheet Podcast: Exploring Financial Services Together

CHAPTER

Cryptobac Loans

A lot of the main use cases we've seen for cryptobac loans were typically speculative in nature. So probably more so on the retail side and with broader borrowers needing to acis cash, but still wanting to benefit financially from the next bull run. We have some clients in the balance. They wont to take advantage of the down market right now to buy the dip. And we have other clients that are trying to figure out, what does this mean for they overall cryptoeco system. I think it's very much like traditional equities. You have people who pull in, pull out, who want to taking advantage of the asset go up while they cansto hae liquidity to live

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