Part 16/18:
Zach confirms plans to develop insurance solutions for custody and lending activities, ultimately providing further safety nets for clients. Although current insurance costs are high (~3%), the firm expects that scalable, regulated coverage will eventually lower costs and increase confidence among users.
Strategic Growth and Market Expansion
Raising Capital and M&A Opportunities
BlockFi recently closed a $350 million Series D round, valuing it at $3 billion. Zach expresses enthusiasm about using this capital to expand teams, develop new products, and explore mergers and acquisitions in the crypto space—potentially leveraging its increased valuation for strategic partnerships and consolidations.