Zac Prince (BlockFi) on the Series D raise and a market update (EP.191)

Zac Prince, CEO and Cofounder of BlockFi joins the show once again to discuss BlockFi's newly announced Series D financing and to discuss market dynamics. In this episode:

• Announcing the Series D round of financing
• Growth of revenues and clients on the platform
• How BlockFi classifies itself in the taxonomy of banking, fintech, and brokerage
• Market worries around the GBTC discount
• Why did GBTC flip to being discounted?
• What the GBTC discount means for BlockFi
• How do the current GBTC dynamics affect Bitcoin interest rates, if at all?
• One unexpected way the GBTC discount could disappear
• The prospects for "busting the trust"
• How Zac thinks about public messaging and the Twitter environment
• What fraction of the bitcoin interest rate the GBTC trade represents
• What's next for BlockFi

Prior BlockFi OTB episodes:

• Rene Van Kesteren on how BlockFi manages Risk
• Zac Prince on growing BlockFi through a pandemic