Every company will have to know about blockchain - Jamie Knowles

Transcript

[Music] so I think one of the most important things to really distinguish is the difference between crypto and digital assets and blockchain Technologies so when people talk about um crypto that's only one very small part of the entire ecosystem you know the key thing that underlines this entire technology is cryptography and the ability to send and transmit data in a safe and trusted manner on a distributed Ledger and one of the key things that we found at Galaxy is consistently over time more

and more people are looking to address blockchain technology within their businesses at some stage every single company is going to need to have some form of understanding whether it comes to how to use blockchain technology or how blockchain technology is going to disrupt their specific market so despite the fact that markets optically are lower than where they were last year I think the key thing is to understand that the general trajectory of the whole blockchain ecosystem is still on the up as people start to understand its potential use case and the power of blockchain Technology Galaxy for context are a Global

Financial Services and Technology firm like you said focused on blockchain and digital assets so we have a variety of different business slides that touch all those different things so we have Asset Management Investment Banking mining protocol Solutions venture capital and Global markets which is where I sit so we have a fairly Diversified range of different businesses that help to sort of offset the natural cycles of the day-to-day market prices that you see so naturally whilst prices coming down in a sentiment coming down is poor for in general for everyone at the back end of that there's still a huge demand for

people to have Services which Galaxy can provide to which I just alluded to across our various different business lines and again that comes back to the fact that there's going to consistently be a general demand for a good understanding of blockchain technology and its use case for me crypto is the most exciting technology that the world has probably seen in the last decade and will continue to drive a huge amount of technical technological innovation over the next 10 20 30 40 50 years and I want to be a part of that so within me

specifically Bitcoin and ethereum and digital assets are particularly interesting just due to their own individual value propositions and having come from a Trad five background specifically I've been able to see some of the small Pockets where digital assets are going to take a big big role in playing for a variety of different players whether it be Banks corporates hedge funds asset managers and I want to be a part of that thank you foreign specifically focused on is understanding regulation and how that's going to impact our clients globally

crypto and digital assets clearly has a variety of different headwinds and there's a lot of change that we've seen in the news over the last couple of weeks and for us it's really understanding how that's going to affect the demand side from our clients and also the services that we're going to be able to provide so that for us is a real key core understanding if they are holding or touching digital assets at any part of their business Galaxy We Believe have a solution that could potentially help them so one of the key things that we're focused is on bespoke solutions for our clients so as I alluded to before we have a variety of

different business lines so for anyone that may come in contact with digital assets whether it's on the asset management side to the paving side Etc we have a variety of different business solutions for them that can help them whether it's around Capital efficiency m a lending Trading a variety of different things