David Ripley is the CEO of Kraken.In this episode, Ripley discusses Kraken's strategic expansion into institutional services, including custody and lending.OUTLINE00:00 Introduction 03:57 Institutional Crypto Services07:22 FTX Fallout11:02 Institutional Adoption15:25 Crypto Credit Crisis17:10 Crypto Banking19:14 Regulatory Environment22:39 Closing ThoughtsThis episode is brought to you by our sponsor PolkadotPolkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.networkThe Block CommunityThe Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunityThe Block NewslettersThe Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
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Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.