Why Cyril Mathew left Stripe to double down on crypto

Crypto Infrastructure • May 29, 2023, 7:15AM EDT
The Block

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.

Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

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.

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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.


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Authors

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.
Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].

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