Why Cyril Mathew left Stripe to double down on crypto

Quick Take

  • Cyril Mathew shares his crypto journey from helping push Stripe into crypto to leading Zero Hash as President and COO.

Episode 51 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Zero Hash President & COO Cyril Mathew.

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Cyril Mathew is the President and COO of Zero Hash, a B2B digital-asset-as-a-service provide that closed a $105 million Series D raise — that included Bain Capital and Point72 Ventures among others — in January of 2022.

In this episode, Mathew shares his personal story of helping convince Stripe's leadership into supporting crypto and explains why he recently decided to join Zero Hash.

According to Mathews, he discovered Zero Hash while working at Stripe and was impressed by the company's infrastructure and regulatory licenses. "Especially in a post-FTX world where the scrutiny is only going to be more, I think Zero Hash really has something here," Mathew said.

Stripe recently partnered with Zero Hash to launch a fiat-to-crypto onramp solution that simplifies the payment experience for both developers and end-users.

During this episode, Chaparro and Mathew also discuss:

  • Will crypto cannibalize fintech payment providers?
  • How bitcoin and stablecoins are revolutionizing remittances
  • Why regulatory uncertainty is keeping institutional investors sidelined

This episode is brought to you by our sponsor CleanSpark.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

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