How crypto's lending market can overcome its confidence crisis

Quick Take

  • BitGo CEO Mike Belshe explains how the 2022 crypto meltdown revealed the market’s immaturity, and what it will take to restore the confidence of lenders.

Episode 63 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and BitGo co-founder & CEO Mike Belshe.

Listen below, and subscribe to The Scoop on AppleSpotifyGoogle PodcastsStitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

Mike Belshe is the co-founder and CEO of BitGo — a leading digital asset custody and security platform.

In this episode, Belshe shares his thoughts on last year's collapse of the crypto credit market and explains what it will take to restore confidence in the sector.


0:52 - Market musings

3:12 - Crypto conspiracies

5:54 - Business at BitGo

8:39 - Crypto prime brokerage

14:24 - Lending market cooldown

15:55 - Crypto’s opaque transparency

21:22 - Crypto market recovery

32:47 - BitGo x Galaxy Digital

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