Source: John Lothian News
Editor: Matt Raebel
DrawBridge Lending LLC sees itself as the “bridge” between the cryptocurrency world and the world of institutional trading. Jason Urban, the company’s founder and CEO, had over 20 years of experience working in the financial markets before starting DrawBridge with his partners, working at firms like Goldman Sachs and DRW. In this episode, Urban discusses the finer points of running a business based around lending against cryptocurrency, the state of institutional demand for digital asset products, how to work with regulators, and more.
Topics: 00:57 – What does DrawBridge do? 02:27 – What was your experience with cryptocurrency and blockchain technology prior to 2018? 05:04 – What did you learn from working at Goldman Sachs and DRW that helped you run DrawBridge? 07:12 – What is your approach to staying compliant? 08:14 – How did you and your company manage to reach $125 million AUM in two years? 10:32 – How has business been with all the volatility in the markets for the past 4 or 5 months? 11:39 – What types of clients do you work with? 13:03 – Do digital assets have flaws that make them less attractive for investors, or benefits that other assets don’t have that make them more attractive? 16:18 – Which are you more interested in – DeFi or Central Bank Digital Currencies (CBDCs)? 20:32 – What has been the most surprising thing about running a company like DrawBridge? 24:34 – What are you most looking forward to in the next year?