Transcript
Introduction
Eric
This is Eric Golden. And my guest this week is Kevin Miao- a partner and Head of Credit at BlockTower Capital. I have been excited for this conversation because while a lot of people in crypto seem to be focused on building a brand-new financial system from scratch, this conversation focuses on how crypto rails can improve the traditional finance world. After nearly a decade at Citigroup, Kevin straddles both the TradeFi and DeFi world. And at BlockTower, he is working on bringing the multitrillion-dollar securitization market on-chain.
We go deep into the weeds on this one, first, getting into the nuts and bolts of how credit and securitization traditionally work before diving into BlockTower's approach to transform this entire process, move it on-chain, which will reduce friction, errors and consequently, fees. Okay. We don't usually do this, but I hate using jargon and I try my best to stay away on the show whether we're using analogies or trying to give better examples so people can stay focused on the conversation.