In this episode, Jeremy sits down with Paget Stanco, Director of Gemini's institutional efforts, to explore the significant shift from institutional skepticism to widespread adoption in the crypto space. The conversation covers how legislative frameworks and regulatory clarity are reshaping institutional participation, alongside the transformative role of ETFs in legitimizing digital assets for traditional finance. They discuss Gemini's innovative product offerings, including their credit card and yield programs, examining the differences between various yield mechanisms in the crypto industry. The discussion also traces Gemini's journey from startup to public company and the strategic decisions that shaped this evolution. This conversation offers insights into building trust and compliance infrastructure, the impact of institutional involvement in digital assets, and how these developments are paving the way for mainstream adoption of blockchain technology in traditional financial markets.
⏱️ Timestamps:
00:00 Coming Up…
01:07 Introduction to Paget Stanco
04:26 The Rise of Crypto ETFs
07:13 Regulatory Compliance and Custody Solutions
12:39 Institutional Investment Strategies
16:06 Nonprofits and Crypto Donations
18:05 Government Policies and Institutional Adoption
31:37 Institutional Controls and Requirements
32:09 Customizing Institutional Accounts
32:34 Regulatory Compliance and Reporting
34:03 Diversifying Holdings and Minimizing Risk
35:06 Innovative Products: Gemini Card
36:12 Mainstream Adoption and Credit Card Rewards
37:27 Challenges and Successes in Crypto Credit Cards
41:07 Exploring Yield and Staking
43:16 Understanding Yield Models
51:21 Building a Durable Crypto Company
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