Exploring the Path to Digital Asset Adoption in Traditional Financial Markets

Exploring the Path to Digital Asset Adoption in Traditional Financial Markets

Traditional and regulated financial institutions have always found entering into the digital asset space rather complex and even scary. 

In this episode, Ian Andrews is joined by Adam Levine (VP, Head of Corporate Strategy, Fireblocks) to discuss how their company has onboarded over 1800 organizations as the industry’s leading digital asset custody and settlement service provider. 

Adam talks about the recent travel rule partnership with Notabene, Fireblocks role in the first completed cross border stablecoin transaction with NAB and how the US may be slipping behind other jurisdictions when it comes to innovation and crypto regulation. 

Adam describes the payments and remittance use cases he is seeing in the digital asset space and explains how his company is helping TradFi institutions to ease safely and securely into DeFi protocols and permissioned pools. 

Minute-by-minute episode breakdown

• (2:39) - Providing a comprehensive solutions for regulated institutions and digital assets moving on-chain
• (4:35) - How crypto went from making no sense to him to leading Adam to transitioning from foreign exchange to Fireblocks 
• (7:50) - What is Fireblocks and how does this company fit into the entire digital asset landscape
• (11:15) - Discussion on fiat- backed stablecoins with NAB and the Australian crypto market
• (15:50) - The adoption of cryptocurrency and stablecoins  to facilitate payments and remittances 
• (20:34) - How will institutions adopt DeFi and decentralized identity while mitigating counterparty risk?
• (27:13) - Digital Asset regulation and how the US is playing catchup globally when it comes crypto innovation 
• (33:50) - Is Real world asset tokenization all hype or are there practical use cases that it can be used for?
• (38:42) - The future of Fireblocks and how the industry is moving past speculation and into utility

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Website: Fireblocks: Remove the complexity of working with digital assets
• Chainalysis Blog: Inside the iSpoof Blockchain Investigation: This Fraud Tool Helped Scammers Steal Over £100 Million
• Chainalysis On-Demand: Chainalysis Links Amsterdam 2023 On-Demand
• Press Release: Permissioned DeFi goes live with Aave Arc + Fireblocks
• Announcement: Introducing Fireblocks Compliance Solutions Suite + Notabene Travel Rule Integration
• Announcement: NAB completes world-first with cross-border stablecoin transaction leveraging Fireblocks
• Blog: Multi-Party Computation (MPC) vs. Multi-sig
• YouTube: Chainalysis YouTube page 
• Twitter: Chainalysis Twitter: Building trust in blockchain

Speakers on today’s episode

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
• Adam Levine  (VP, Head of Corporate Strategy, Fireblocks)

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