The Bear Market Evolution of Crypto Institutions

Crypto can now access Federal Reserve master accounts.

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ABOUT

This episode is sponsored by Nexo.io, Chainalysis and FTX US.

Despite the bear market, both crypto-native and TradFi institutions in the crypto sector continue to plug along. In today’s episode, NLW looks at an update to how crypto banks can get direct access to the Federal Reserve via master accounts and how venture funds are evolving to meet a new type of financial technology era and the latest from Celsius Network.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Overearth/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.