genesis is a highly regulated entity, backed by digial currency group. We're super well capitalized, and we've been no doing this since 20 18 with no capital losses or defaults. Ah, and you just have to do your diligence on the platform you're landing to. So it's really a unique situation. It's really just return to risk and doing as much diligence as you can on the platform that you're gong to be lending to.
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).