Part 8/18:
BlockFi balances servicing retail users—who mostly hold Bitcoin and stablecoins—and institutional clients—large market makers, hedge funds, miners, and crypto-native businesses. Zach emphasizes risk management, overseeing market operations, lending, and client relationships, with a focus on preserving capital and maintaining a long-term outlook.
Institutionally, BlockFi is the largest lender to crypto markets, facilitating liquidity and financing for entities involved in market-making, arbitrage, and proprietary trading. Its trading platform for institutions will soon include derivatives like futures and options, with plans to offer API integrations and on-screen trading.