Lending against crypto assets, with Phil Blows (AQRU)
We owe this episode to a comment Praveen Sinha made in episode 15. Praveen was talking about the trends to watch in fintech/ lending in India and mentioned cryptocurrency as an asset he'd love to lend against, not least of all for the global scope it could add to his business.
And that stuck in my mind. So when I learned of AQRU and the fact that they were paying actual money interest on crypto deposits, I wondered if we could put two and two together - after all, wouldn't the first step in treating crypto like a real asset look at a lot like that?
But I know so little about crypto that we had to start by taking a few steps back. Join us to learn more about the current state of the crypto market and what it might take to turn it into an asset a lender might consider to be suitable security.
You can learn more about AQRU on their website: www.aqru.io